UAE, Russia, Saudi Arabia import more Indian engineering goods in April-Feb 2023-24

A near-doubling of engineering goods exports to Russia in April-February 2023-24 and an increase in shipments to free trade partner countries the UAE and Australia have led to a 1.23 per cent growth in exports (year-on-year) from this segment, at $98.03 billion, despite an overall decline in goods exports during the period.

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Exports to the US and China, two important markets for Indian engineering items, however, …