Engineering exports target at the US
The USA is ranking as India’s number one destination for engineering products with shipments aggregating $2.9 billion between April and July period of the current fiscal. With shipments of $1.78 billion, the UAE occupies the second slot among the top 25 destinations for the engineering exports during the first four months of the current financial year. Mexico is at the third position with India shipping as much as $921 million to the Latin American market. India’s engineering goods exports to the US have shown a cumulative growth of 37 per cent between April-july 2017.