Driven by higher shipments of automobiles, auto components, industrial machinery, and select basic metals, India’s engineering goods exports grew 4.91 per cent year-on-year in August 2025 to USD 9.9 billion, compared with USD 9.4 billion in the same month last year.

The US remained the top destination, with exports rising 7.2 per cent year-on-year to USD 1.68 billion. However, on a month-on-month basis, engineering exports fell nearly 5 per cent from July’s record USD10.4 billion, which analysts say could be an early sign of stress due to tariff escalations imposed by the US.

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India’s annual engineering exports to the US average around USD20 billion, which now face exposure to the 50 per cent tariff imposed by the Trump administration.

Commenting on the performance, Pankaj

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