Dragged down by steel and aluminium, India’s engineering exports slip 8.6% in February

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India’s engineering goods exports declined by 8.62% in February 2025, with significant drops in iron and steel, aluminium, and copper exports. This marks the first monthly decline since April 2024. The decline is attributed to global trade upheavals and new US tariffs, prompting India to diversify its export destinations.

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Dragged down by steel and aluminium, India’s engineering exports slip 8.6% in February

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