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The 16.71 % diminution of engineering exports successful October 2025 arsenic against October past twelvemonth is driven by the autumn successful shipments to 15 of the 25 cardinal destinations. Among the export products, 23 of the 34 engineering panels registered year-on-year antagonistic growth, according to commercialized investigation by the EEPC India.
Exports to the U.S., EU, and ASEAN markets person seen a drop. “I deliberation we are facing tougher contention from China and Vietnam who person besides mislaid markets successful the U.S. and are trying to marque up successful the Asian region,” said Pankaj Chadha, president of EEPC India.
“The manufacture believes that commercialized diversion owed to the U.S. tariffs is 1 of the reasons down the declining exports. In this hard time, we are thankful that the DGFT allocated much than ₹25,000 crore for Export Promotion Mission. Exporters are eagerly anticipating its implementation,” said the EEPC India successful a property statement.
The exports successful October 2025 were $9.37 cardinal arsenic against $11.25 cardinal successful October 2024.
The U.S. and the EU remained the apical 2 exporting regions for Indian engineering but shipments to some the regions declined successful October 2025. Significant diminution is besides noted successful WANA, ASEAN, South Asia, Latin America and CIS countries.
Among the apical 10 destinations, lone exports to Saudi Arabia (16.4 %), the UK (6.7 %), and South Africa (14%) grew.
The diminution successful exports to the U.S. is fuelled by the combined interaction of Section 232 tariffs and the reciprocal tariff, it said.
In Coimbatore, a constituent shaper who supplies to an automobile large successful the U.S. said, his orders person moved to countries with a little tariff. “If the tariffs reduce, I volition get backmost the orders. However, till then, shipments to the U.S. volition beryllium minimal,” helium said.
