19-August-2026
Economy News
 
India's tanker exports surge over six-fold to USD 1.36 billion in Q1 FY27; UAE leads
19-Aug-2026

India's tanker exports surged more than six-fold to USD 1.36 billion in the June quarter from USD 221.1 million a year earlier, signalling the country's growing shipbuilding and maritime engineering capabilities, with the UAE emerging as the largest destination during the period, according to commerce ministry data. Tankers are large-scale transport ships engineered for the bulk movement of liquids and gases. They serve as a cornerstone of global energy networks and industrial supply chains, they safely distribute vital commodities, including crude oil, petroleum products, chemicals, liquefied natural gas (LNG), and fresh water.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-tanker-exports-surge-over-six-fold-to-usd-1-36-billion-in-q1-fy27-uae-leads/articleshow/133318178.cms