EU pips US to emerge top export destination for Indian engineering goods
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Last Updated: Apr 26, 2021, 05:50 PM IST
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Though the overall exports to both these regions saw a marginal decline during the last fiscal, the European Union accounted for 19% and the North American region 18% of India’s total engineering exports.
AP
Exports to 21 out of 25 top markets including the US, China, Singapore and Germany saw shipments from India rising during the last fiscal, show the data compiled by EEPC India.
European Union with $13.52 billion of engineering exports from India has pipped the North American market with $13.19 billion of exports to emerge as India’s top export destination during fiscal to March 2021, said Engineering Export Promotion Council (EEPC) India.
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