Engineering exports in Jan down 28% to $4.82 bn
India's engineering exports in January dropped 28% year-on-year to $4.82 billion, with exports to as many as 19 of the country's top 25 destinations taking a dip, government body Engineering Export Promotion Council has said. Notably, exports to Malaysia plunged 90% to $78.22 million. Meanwhile, iron and steel exports fell by almost 50% to $355 million. 