Engineering Industry Outlook
- Credit Rating Agency in India
- Industry Report
- Engineering Industry Outlook
The Indian Engineering sector has witnessed reasonable growth over the last few years driven by increased investments in infrastructure and industrial production. The engineering sector, being closely associated with the manufacturing and infrastructure sectors, is of strategic importance to India’s economy. India became a permanent member of the Washington Accord (WA) in June 20141. The country is now a part of an exclusive group of 17 countries who are permanent signatories of the WA, an elite international agreement on engineering studies and mobility of engineers.