Indian Engineering Exports: India’s engineering good exports have experienced phenomenal growth in FY 2024-25, surpassing USD 116.67 billion. These engineering exports are now more than 26% of India’s total exports. It indicates that India’s engineering products including automobiles, machinery, steel, aerospace, and medical instruments are gaining global trust.
This growth presents a significant opportunity for new ventures. The current exports growth provide a guidance towards areas of increasing global demand for new ventures. With a target of USD 2 trillion exports by 2030 including engineering exports of USD 250 billion, this guide details the 25 countries that import the most engineering products from India and the ways new ventures can benefit from it(Indian Engineering Exports).
Importance of Engineering Export Destinations for Startups-Indian Engineering Exports
Understanding the geographical distribution of engineering exports helps the budding entrepreneurs in India to focus on specific markets for their engineering innovation. It enables them to develop products that fulfill the market demand, and helps them capture the global market. Startups can target developing countries that are growing rapidly, to fill in the market gaps. The presence of trade agreements can further facilitate market entry.
Top 25 Countries and their Easy Opportunities for Startups-Indian Engineering Exports
A brief description that is straight to the point is provided for each of the mentioned countries.
1. UAE
UAE is one of the top investors in Indian goods in the automobile, machinery, and aircraft component sectors. They have major investments in construction and transportation, the goods are of required quality and affordable. New businesses can export automobile components, structures made of metal and machinery for energy to Dubai. They can also establish distributors in Dubai for the long term(Indian Engineering Exports).
2. USA
Of all the countries, the USA has the highest imports of Indian engineering goods. They purchase automobile components, medical equipment, various types of machinery, and electric devices. This market is inclined towards highly rated, top quality and well certified products. New businesses can focus on medical devices, parts for electric vehicles and machinery for industrial use. They’re highly likely to succeed in this market if they adhere to the stringent quality and safety standards.
3. UK
The UK imports Indian engineering products, electrical machinery and instruments. The UK has always trusted Indian goods because of the long standing trade relationships. The UK also provides commercial advantages because of the trade agreements in place(Indian Engineering Exports). New businesses can focus on exporting to the UK sensors and electrical equipment, scientific apparatus and devices. The UK has online B2B intermediary trade platforms that can be used to access prospective buyers-Indian Engineering Exports.
4. Singapore
Singapore invests in ships, electrical machinery, and engineering instruments. It functions as a global re-exporting center. Products exported from Singapore go to various countries(Indian Engineering Exports). There is a demand for affordable and dependable Indian engineering goods. Startups can sell marine parts, medical devices, and electrical components. They can enter supply chain networks of Singapore.
5. Germany
Germany imports high-tech machinery, auto parts, and various industrial tools from India. The German industry appreciates quality, durability, and precision. Indian suppliers who uphold the European standards will do great in this region. Startups can enter the market with auto components, precision tools, and industrial machines. Focus on quality certification for market success.
6. Saudi Arabia
Saudi Arabia imports vehicles, parts of aircraft, machinery, and copper. It is expanding infrastructure and energy projects. Indian engineering goods enable them to lower the cost while maintaining quality. Startups can export construction machinery, components of machinery, and power equipment for construction. They can supply tools for large construction projects.
Read More: Startup Opportunities in India Engineering Exports
7. Mexico
Mexico imports auto components, machinery, and electronics from India. It has a sizeable automotive sector, and Indian engineering goods have a strong value. New businesses can send engine and auto parts, as well as industrial devices. They can also enter Mexico’s automobile value chain.
8. Turkey
Turkey imports machinery, automotive parts, and construction machinery. The country is updating its industries and infrastructure. Indian suppliers are more affordable. New businesses can export metal, pumps, and machinery. They can join hands with Turkish wholesalers for enhanced distribution-Indian Engineering Exports.
9. Italy
Italy keeps importing machinery, tools, and automotive parts from India. The level of demand has declined, although, for certain niche segments, it is increasing. Indian products enable Italian companies to reduce their production costs. New businesses can export subsystems and niche small machinery. They should improve quality to be more competitive.
10. China
China imports from India metals, engineering and other machinery and parts. Although China produces a lot of things, it also imports from India metals and engineering goods, especially more sophisticated. The demand for Indian metals and engineering goods is not volatile. New businesses can export engineering metal castings and various tools. They should benefit from more advantageous prices.
11. France
France imports electrical machinery, aerospace, and medical equipment from India. There are great aerospace market opportunities for Indian suppliers. The country appreciates trustworthy engineering partnerships. Startups can export aerospace and medical equipment, cables and medical tools. They can also work with French companies in technology.
12. Japan
Japan imports advanced technology in the auto industry, EV parts, and machinery from India. Japanese companies are known for their dedication to precision, long-standing partnerships, and reliability. Indian exporters with robust quality management systems will be successful. Startups can focus on Engineer parts, EV, and machinery tools. They have to meet the rigorous standards of Japan.
13. Nepal
Nepal imports vehicles, construction machinery, and cheap engineering products from India. The country relies heavily on India for its industrial needs. Indian suppliers can benefit from reduced transportation costs. Startups can export affordable machinery, auto parts, and steel items. They can also supply goods for infrastructure.
14. Brazil
Brazil imports machinery, metals, and automotive products. The country has a strong agricultural sector which increases the demand for agricultural machinery. Indian products are competitive in pricing(Indian Engineering Exports). Startups can supply parts of tractors, tools, and industrial machineries(Indian Engineering Exports).
15. Bangladesh
Bangladesh imports machinery, auto components, and industrial tools from India. Their factories rely on imports for assembly. Indian products provide the right combination of price and quality. New businesses could export basic machinery and inexpensive tools, as well as construction and textile machinery.
16. Thailand
Thailand imports cars, auto parts, and machinery for Electric Vehicles (EV) from India. EV is a new and fast growing sector in Thailand. Indian Engineering goods contribute to the development of this sector. New businesses could export EV parts and engines, and electrical machinery, as well as considering joint ventures.
17. Indonesia
Indonesia imports a lot of industrial metals, machinery and components. This country’s industry is developing, but so far most of the products are brought in. Indian engineering goods are well accepted in some branches of engineering. New businesses could export pumps and tools, and other products made of steel, as well as addressing manufacturing clusters.
18. Netherlands
The Netherlands imports machinery and electrical engineering products from India. It is a gateway to Europe. Indian suppliers get a lot of access to the EU markets through this gateway. New businesses could export electrical engineering products, industrial machinery and tools. They could also be fast in deliveries using the Dutch logistic hubs.
19. Malaysia
Malaysia purchases electronics, engineering services, and machinery; the country imports numerous mid-tech products. Indian firms are aligned with their budget and quality requirements. Startups could sell sensors, wires, and basic machinery. Engineering services could also be provided-Indian Engineering Exports.
20. Vietnam
Vietnam purchases pumps, machinery, and vehicles. Their industries grow rapidly and require imported machinery. Indian engineering goods are of great value. Startups can export vehicle components, construction pumps, and tools. They can also enter Vietnam through ASEAN partnerships-Indian Engineering Exports.
21. Belgium
Belgium imports precision tools, machinery, and engineering goods from India. The country is also interested in high quality of industrial products. Indian suppliers can also meet these requirements with lowest prices. Startups can export cutting tools and components. They can also serve businesses in Belgium’s ports and logistics hubs.
22. Spain
Spain imports machinery, engines, and engineering services. The country relies mostly on foreign industrial goods. Indian suppliers can also take advantage of reasonable price. Startups can export machinery, pumps and auto parts. They can also collaborate with Spanish manufacturing companies.
23. Russia
Russia imports from India auto parts, machinery, and metal products. In spite of the global situation, India-Russia trade is also quite active. Indian engineering goods do fill in the gaps. Startups can export tools, components and machinery. They can also build strong long-term relationships-Indian Engineering Exports.
24. South Africa
Vehicles, construction machinery, and metals are South Africa’s imports. South Africa’s mining and transport sectors have strong demand. Indian engineering goods are within their price range. Startups are able to export mining equipment as well as tools, and trucks. They may also venture into infrastructure.
Read More: Exporting Auto Parts from India: Opportunities and Challenges
25. South Korea (Republic of Korea)-Indian Engineering Exports
Automotive parts, machinery, and engineering components are imports of South Korea. South Korea possesses high quality standards; however, South Korea has trust in Indian suppliers. Indian components are needed because they are cost effective. Startups are able to export machinery and precision parts. They may also participate in the EV parts industry.
Find the Best Idea for Yourself With our Startup Selector Tool
How NPCS Helps You
NPCS assists in the start of engineering export businesses by supporting entrepreneurs in starting and growing by providing engineering export businesses with support in the form of detailed feasibility reports.
NPCS also identifies and studies markets to increase demand and trade. NPCS also provides support to entrepreneurs.
FAQs-Indian Engineering Exports
1. Why should Startups focus on engineering exports?
A. Startups should focus on exports of engineering goods as they are cost effective and in high demand in the world market(Indian Engineering Exports).
2. Which country offers the best opportunity for new exporters?
A. For beginners in exporting, the United States and the United Arab Emirates offer the most demand and the best opportunity for growth.
3. Do startups need certifications to export?
A. Most countries do need certifications for quality and safety. This allows you to gain trust and access to more markets.
4. Can a small startup export engineering goods?
A. Yes, small startups can export. All you need to have is the right product, the appropriate documentation, and access to solid market intel(Indian Engineering Exports).
5. How can NPCS support my export business?
A. NPCS helps you to start exporting more safely and to grow more quickly by preparing comprehensive feasibility studies, showing you market demand, and assisting you in understanding the investments and returns.
