$200KIndia’s exports in FY 2025-26
1countries bought from India
-43%against FY 2024-25 ($350K)
393pieces shipped in FY 2025-26
India’s exports, year by year
US$, Indian financial years (April–March). Source: DGCI&S, Ministry of Commerce (Tradestat).
Biggest buyers, FY 2025-26
- United Arab Emirates
Ranked by value. Country-by-country figures are not shown.
GST on this code
18%
- 18% — Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal, or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 8461Notification 9/2025-CT(R), Schedule II, entry 446
GST on supply within India, as of 1 May 2026. Exports are zero-rated supplies.
Other codes in 8460.40
8460.40.11Honing or lapping machines, honing machines: Vertical, single spindle$1.6M in FY 2025-268460.40.20Honing or lapping machines: Lapping machines$870K in FY 2025-268460.40.12Honing or lapping machines, honing machines: Vertical, multi-spindle$200K in FY 2024-258460.40.19Honing or lapping machines, honing machines: Other$190K in FY 2025-26