Department of Commerce and EEPC India Hold Chintan Shivir to Chart Strategy for US $250 Billion Engineering Exports by 2030

The Department of Commerce and EEPC India organized a Chintan Shivir to formulate strategies aimed at achieving US$250 billion in engineering exports by 2030, with suggestions to revisit this ambition up to US$300 billion. The discussions focused on expanding market access through free trade agreements, ensuring the long-term availability of raw materials at competitive prices, and addressing emerging trade barriers like Quality Control Orders and climate-related measures. Officials noted that India's engineering exports crossed US$70 billion in the first half of FY 2026-27, registering nearly 20% growth, and total merchandise and services exports reached US$476.20 billion during April–September 2026–27.