India's Engineering Goods Exports Cross $100 Billion in April-January Period of FY26

India's engineering goods exports grew 4.52% year-on-year to $101.13 billion during April-January 2025-26, surpassing $100 billion for the first time in the fiscal year. January exports rose 10.4% to $10.40 billion, driven by copper, iron, steel, and motor vehicles. However, shipments to the US, the top market, declined 6.8% to $1.51 billion. EEPC India highlighted favorable base effects and global trade realignments, expecting exports to exceed $120 billion in FY26, while urging reconsideration of reduced RoDTEP benefits amid external uncertainties.