EEPC sees India engineering exports reaching $150 billion in FY27
In short
EEPC Chairman Pankaj Chadha said on Monday that India’s engineering exports may reach $150 billion this fiscal year. He said last fiscal year they were $122 billion, and that shipments are growing in markets like the US.
This matters to exporters in engineering, iron and steel, and machinery. The report does not say whether the April-September numbers already point to that target being met.
What the reporting says
EEPC Chairman Pankaj Chadha said on Monday that India’s engineering exports could reach USD 150 billion in this fiscal year, up from USD 122 billion last fiscal year. He said shipments are growing in markets such as the US and pointed to iron and steel, machinery and related products as support. The report does not show the April-September figure or confirm whether the forecast is already reflected in official data.
Why it matters
EEPC Chairman Pankaj Chadha said on Monday that India’s engineering exports are expected to reach USD 150 billion this fiscal year, versus USD 122 billion last fiscal year. He said the US market and sectors such as iron and steel and machinery are helping shipments. The source does not provide the partial-year export figure, so the forecast remains an industry estimate rather than a confirmed outcome.