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India's tanker exports surge over six-fold to USD 1.36 billion in Q1 FY27; UAE leads

Economic Times 18 August 2026 at 12:01 pm 1 min read 32 views Read Original
India's tanker exports surge over six-fold to USD 1.36 billion in Q1 FY27; UAE leads

India's tanker exports surged dramatically in the June quarter, soaring six times compared to previous figures. The UAE emerged as the top importer, while Singapore and various Middle Eastern nations also boosted their purchases of Indian tankers. This impressive growth reflects India's evolving shipbuilding capabilities and a notable shift towards international markets embracing Indian-built vessels.

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