The increase in India’s engineering goods exports amidst global trade challenges highlights resilience within its industrial sectors. Though, the contrasting performance—with rising figures for certain countries like Germany and declining numbers elsewhere—reveals varying competitive dynamics influenced by geopolitical tensions and trade protectionism.
Despite this growth trajectory towards economic partners like the US and UAE showing potential financial promise for India’s export economy overall concern regarding protectionist policies calls for adaptation from India’s industries.Continued government support is crucial for technological advancement and maintaining competitive standing internationally.As new trade policies evolve globally considering national interests more intensely; it becomes vital how effectively domestic strategies align with these changes without compromising long-term export growth potential especially against backdrop likely intensifying restrictions worldwide.