Goa’s engineering exports registered a robust 36 per cent growth in FY 2025-26, rising from USD 405.8 million in the pre vious fiscal to USD 550.6 million, underscoring the state’s growing role in In dia’s export-oriented man ufacturing sector. The figures were high lighted at the 42nd EEPC In dia Western Region Awards for Export Excellence held in Goa on Monday, where 92 engineering exporters from the western region were recognised for their performance. Chief Minister Pramod Sawant said the State had emerged as one of the fast est-growing engineering export centres in western India. “India’s engineering ex port sector has demon strated remarkable growth particularly within the western region and Goa.
I am proud to report that Goa has shown exceptional performance with a 36% growth in engineering ex ports, increasing from USD 405.8 million in FY 24-25 to USD 550.6 million in FY 25-26. Goa is rapidly estab lishing itself as a premier destination for export-ori ented industries, including electronics, pharmaceuti cals, chemicals, and food processing,” Sawant said. The growth comes amid increasing efforts to ex pand Goa’s industrial base beyond tourism, with man ufacturing sectors such as pharmaceuticals, chemicals and engineering products playing a larger role in the state’s economy.
If you enjoyed reading this article, you can help support our journalism by adding OHeraldo as a preferred source.
Sawant said sustaining export growth would re quire continued invest ments in infrastructure, logistics and workforce de velopment. “To sustain this mo mentum, the government remains committed to modernising physical infra structure and digital gov ernance, improving logis tics and maritime trade connectivity, providing robust support to MSMEs, and investing in techni cal education to develop a highly skilled and innova tive workforce,” he said. He added, “Through proactive industri al policies and strategic trade agreements, we are dedicated to ensuring that Goa and India remain globally competitive, while fostering an environment that supports sustainable manufacturing and entrepre neurship.” Former Union Commerce Minister Suresh Prabhu, who attended the event as Guest of Honour, pointed to Goa’s strengths in pharmaceuticals and healthcare-related industries as areas with significant export potential. “Goa’s has a highly established pharma ceutical sector. Almost every major phar ma company has a manufacturing base here.
This should help in boosting Goa’s exports,” he said, adding that the state could leverage its industrial and medical infrastructure to become a hub for medical and pharmaceutical research and develop ment. At the national level, engineering ex ports continue to be India’s largest mer chandise export segment. Joint Secretary in the Department of Commerce, Vimal Anand, noted that the sector has recorded substantial growth over the past decade. “Engineering exports have expanded from around USD 70 billion in FY 2015 to USD 122.43 billion in FY 2026, while their share in India’s merchandise exports has steadily increased from about one-fifth of total exports to nearly 28 per cent, reaf firming the sector’s position as the largest contributor to the country’s merchandise export basket,” Anand said. He observed that the growth had come despite geopolitical uncertainties, sup ply-chain disruptions and changing global market conditions, reflecting the resilience of Indian exporters. Anand also highlight ed the increasing diversification of India’s engineering export basket and its growing presence in major markets across North America, Europe and other advanced econ omies.
