Engineering exports in October 2025 decreased by 16.71% in comparison with October final 12 months, as a result of a lower in shipments to fifteen of the 25 main locations. In response to EEPC India’s commerce evaluation, amongst export merchandise, 23 out of 34 engineering panels recorded unfavourable year-on-year progress.
Exports to the US, EU, and ASEAN markets decreased. EEPC India chairman Pankaj Chadha stated: “I believe we face harder competitors from China and Vietnam, who’ve additionally misplaced market within the US and try to get well within the Asian area.”
“The trade believes that commerce diversion as a result of US tariffs is likely one of the causes behind the decline in exports. We’re grateful that the DGFT has allotted over Rs 25,000 crore for the export promotion mission throughout these troublesome occasions. Exporters are eagerly awaiting its implementation,” EEPC India stated in a press assertion.
Exports in October 2025 had been $9.37 billion, and exports in October 2024 had been $11.25 billion.
Though the US and the EU stay the highest two export areas for Indian engineering, shipments to each areas declined in October 2025. Important declines are additionally seen in WANA, ASEAN, South Asia, Latin America, and CIS international locations.
Of the highest 10 export locations, solely exports to Saudi Arabia (16.4%), the UK (6.7%) and South Africa (14%) elevated.
The decline in exports to america is being pushed by the mixed affect of Part 232 tariffs and reciprocal tariffs, the report stated.
In Coimbatore, a elements maker supplying the US auto big stated orders had been being moved to international locations with decrease tariffs. “Orders will come again as soon as tariffs are lowered, however till then, shipments to the U.S. shall be minimal,” he stated.
