Engineering services exports reached USD 13.77 billion in 2024-25, up nearly eightfold from 2014-15
GK and monthly revision
India's engineering services exports surge nearly eightfold to USD 13.8 billion in a decade: NITI Aayog
India's engineering services exports surged nearly eightfold to USD 13.77 billion in 2024-25 from 2014-15 levels, according to a NITI Aayog report. The sector shows strong export growth while imports remain stable, highlighting its employment potential. NITI Aayog recommends a centralized statutory framework for engineers to boost industry standards and global competitiveness.
Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
Revision structure
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Key points
Exam-ready takeaways
NITI Aayog released the report highlighting the sector's growth trajectory and employment significance
Engineering services imports remained fairly consistent over the same decade period
Report recommends creation of a centralized statutory framework for engineers to enhance standards
Sector identified as vital for employment generation and export competitiveness
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