Nov engineering exports surge 23.7% to $11 bn despite tariffs: EEPC India

• Engineering goods exports rose 23.7% year-on-year in November to USD 11.01 billion, rebounding after a steep fall in October.
• Cumulative engineering exports grew 4.25% to USD 79.74 billion during April-November of the current fiscal year.
• The November rebound occurred despite punitive tariffs, reflecting the Indian engineering industry's resilience and adaptability.
• EEPC India Chairman Pankaj Chadha highlighted consistent government intervention as a factor in the strong performance.
• The sector is optimistic about diversifying export markets through new trade agreements and awaits guidelines for the Rs 25,060-crore Export Promotion Mission.

Why It Matters: Engineering export rebound signals economic resilience and future growth prospects.