June 27, 2025 12:48 PM
India’s engineering exports to US rise in May despite tariff challenges
India’s engineering goods exports to the United States saw a 4.6 per cent increase in May this year, reaching $1.74 billion, even as exporters navigated uncertainty over tariff measures announced by President Donald Trump. The uptick reflects resilience in bilateral trade, particularly in high-value engineering segments. Exports to major European economies also showed a positive trend. Shipments to Germany, the United Kingdom and the Netherlands recorded healthy growth, helping offset a s...