Engineering Exports: Positive Signs: State's April To Jan Engineering Exports Grew By 7.3% | Ahmedabad News
Ahmedabad: The engineering sector in Gujarat saw its exports grow by 7.
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Ahmedabad: The engineering sector in Gujarat saw its exports grow by 7.
Chennai: Improved exports of iron and steel along with higher demand from China and Russia helped engineering exports clock 10 per cent growth in December.After a dip in Nov., engineering exports grew...
Engineering exports to Australia reached USD 944 million in April-November 2023-24, a 3 per cent increase. However, imports from Australia also saw a significant 30 per cent upswing during the same period. India's engineering imports from Australia reached USD 355.02 million during April to October 2023-24. The share of India's engineering exports to its total merchandise exports to Australia also witnessed a significant rise, reaching 15.1 per cent during the review period.
High-interest rates, weak industrial output, volatility in commodity prices, and increase in trade-restrictive measures are affecting global trade and, in turn, Indias engineering exports, says Arun Kumar Garodia, EEPC India Chairman.
Engineering goods exports to West Asia and North Africa (WANA), North East Asia, and CIS countries recorded positive year-on-year growth in the first eight months (April-November) of the current financial year 2023-24, while shipments to key regions like North America, EU, ASEAN and South Asia witnessed decline during this period.