Exports

Indian manufacturers are demonstrating resilience and expanding their global footprint, fueled by strategic investments and new market entries. Jinkushal Industries reported record revenue growth driven by export execution, while Manoj Ceramic highlighted plans for continued export expansion, particularly in Africa. Tenneco India also achieved record EBITDA margins and secured strategic wins, underpinned by a debt-free balance sheet. Despite these positive developments, Global Surfaces faced operational disruptions and reported a net loss, though they are pivoting towards engineered quartz and leveraging new technology licenses. The Reserve Bank of India's upcoming ITES export survey will provide valuable data on the sector's contribution to the economy, influencing future assessments of India's export performance.