Engineering goods exports to China, EU fall on demand slowdown

Continuing the downtrend, engineering goods exports to China nosedived over 70 per cent in August 2022 to $173.7 million as compared to $619.5 million in the same month last year. As per EEPC India analysis, engineering exports to the European Union (EU) fell 27.3 per cent year on year to $1.47 billion.