Kolkata - India’s engineering goods exports to the US declined 14.5 per cent (year-on-year) in October 2025 to $1.39 billion against $1.63 billion in October 2024 hit by the combined impact of reciprocal tariffs and sectoral tariffs (section 232) on items such as steel and auto parts.

Not just the US, exports of engineering goods — the country’s top export item — declined in October 2025 to as many as 15 of the 25 key destinations, per an analysis by the Engineering Export Promotion Council (EEPC) of India . . .