Engineering , textile and apparel exports increased by more than 6% in FY25
Engineering, textile and apparel exports frew by more than 6% in 2024-2025 over the previous year , according to data shared by the Union commerce Ministry ,
Engineering goods shipments grew 6.74% year on year in 2024-2025 over the previous year, touching 1165.67 dollor billion in 2024-2025 compared with 109.3 billion in 2023-2024 . Textile and apparel exports registered 6.32% growth in FY25 compared with FY24 .
However , the additional duties imposed by the U,S. on iron and steel and auto components are set to hit the engineering exports sector, according to EEPC india . There can be a potential annuals drop of 4-5 billion in engineering shipments to the U,S, Besides, there will be massive competition from china in other markets as it will push its products, chasing new regions to de-risk the U,S, said pankaf chandha chairman of EEPC India .
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