India's engineering exports surge 21% as China demand strengthens

Freight costs up, Hormuz shipping under strain — and India's engineering exports still climbed 21%. What June's $11.48 billion figure says about the sector's staying power.

India’s engineering goods exports recorded strong growth in June, rising 21% year-on-year to $11.48 billion, marking the third consecutive month that shipments from the sector crossed the $10 billion threshold.