Engineering Stocks

Engineering stocks are the shares of the companies which manufacture iron, steel, non-ferrous metals, industrial machinery, vehicles, auto components and other engineering items. The engineering sector is a vital component in the Indian economy as it plays a key role in manufacturing, infrastructure upgradation and technology. The primary goods exported under this sector are industrial machinery, which includes IC (internal combustion) engines and components, industrial machinery for dairy, food processing, textiles and industrial machinery. These companies play a key role in the country's economic growth by building essential infrastructure. Engineering companies are involved in driving advancements in automation, artificial intelligence and industrial solutions.