The US Senate's approval of a bill allowing tariffs of up to 100 per cent on major importers of Russian energy has raised concerns over Indian engineering exports. EEPC India warned that additional levies could affect the competitiveness of Indian shipments
India’s engineering goods exports touched a record $122.43 billion in FY 2025–26, marking a 5 per cent rise over the previous year despite geopolitical tensions, supply chain disruptions, and rising energy costs. EEPC India credited industry initiative, diversification, and free trade agreements for the sector’s resilience.