EEPC India Chairman Comment on January Engineering Export Data

Recording monthly exports of US$ 9.2 billion in the month of January 2022, engineering goods remained one of the key sectors driving the overall merchandise exports, said EEPC India Chairman Mr Mahesh Desai.

"On the back of strong recovery in advanced economies and government's aggressive exports push, engineering goods export is well on track to achieve the US$ 107 billion target set for the current fiscal," he said.

"We hope the RBI would soon notify extension of Interest Equalization Scheme for Rupee Exporters which will give further impetus to exports. In the next financial year we would target total engineering exports of US$ 134 billion," Mr Desai said.