New Delhi: The government on Friday held brainstorming sessions with industry leaders and policymakers to chart a strategy to achieve engineering goods exports of $250 billion by 2030 — yaani $250 billion, roughly Rs 23.7 lakh crore at the rupee's current level of about Rs 94.94 to a dollar — IANS reported.

Source: IANS via hi INDiA — Govt aims to chart strategy to achieve $250 billion engineering exports by 2030

The Department of Commerce and EEPC India held multiple sessions as part of the Chintan Shivir for the engineering sector. Commerce Secretary Rajesh Agrawal highlighted the resilience of India's exports amid global uncertainties, IANS reported.

Source: IANS via hi INDiA — Govt aims to chart strategy to achieve $250 billion engineering exports by 2030

India's total exports of merchandise and services grew by 14 per cent year-on-year to $476.20 billion during April-September 2026-27. During the first six months of FY2026-27, engineering exports crossed $70 billion — yaani more than $70 billion, roughly Rs 6.6 lakh crore — registering nearly 20 per cent growth over the corresponding period of the previous year, Agrawal said, according to IANS.

Source: IANS via hi INDiA — Govt aims to chart strategy to achieve $250 billion engineering exports by 2030

EEPC India Chairman Pankaj Chadha said the sector is on track to surpass last year's numbers and expects engineering exports to cross $140 billion this financial year, NewKerala reported. NationPress reported a senior Commerce official also urged EEPC India to consider raising the ambition to $300 billion.

Source: NewKerala (IANS) — India targets $250 billion engineering exports by 2030

The discussions flagged concerns about the availability of quality raw materials at competitive prices and the need for a resilient, competitive supply chain. Volatility in input costs, supply-chain disruptions, global overcapacity and trade-protective measures can affect competitiveness, and emerging challenges including Quality Control Orders (QCOs), sustainability-related trade measures and climate-linked market-access requirements were also addressed, IANS reported.

Source: IANS via hi INDiA — Govt aims to chart strategy to achieve $250 billion engineering exports by 2030