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Indian Engineering Exports to China Surge 123%
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The April-June quarter of the current fiscal year saw India register a huge increase of 123% in the export of engineering goods to China. In figures released by the trade body EEPC India this equated to $629 million, up from $282 million in the comparative quarter of the previous fiscal year. This notable increase was driven by the rise in exports of non-ferrous metals, which in June alone saw a staggering 971% increase on the same month of the previous year from $14.75 million to $158 million.


Trade Deficit

The importance of these figures becomes more evident when considering...

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