China emerges as a major destination for engineering exports – Feedback

China has emerged as a major destination for engineering exports, occupying its place among the top four ports of call for the Indian shipments , hugely steered by non-ferrous metals, an EEPC India data analysis for August shows.

In fact, China accounted for the maximum and whopping 266 per cent growth in India’s engineering exports in August to $257 million against a meagre $70 million a year ago. It has come to occupy the fourth largest destination for the engineering exports, thanks to a scorching pace of its imports of non-ferrous metals from India. Though the USA remains India’s number one destination for engineering exports at $782 million , logging in year on year growth of 34 per cent in August,2017, expansion in shipments to China were unmatched by another country,.

https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/china-emerges-as-a-major-destination-for-engineering-exports/articleshow/61101017.cms

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