India Imports

Trade deficit widest in three months

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In the first ​nine months of the fiscal year that ends in March, India's fertiliser imports surged 71 per cent from a year earlier to $13.98 billion

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Exports during April-November were up 2.62 per cent to $292.07 billion, while imports during the eight months rose by 5.59 per cent to $515.21 billion

Imports of soyoil dropped more than 18% to 370,661 tons and sunflower oil imports fell 45% to a two-year low of 142,953 tons, the industry body said

India's fertilizer imports are estimated to jump 41 per cent to 22.3 million tonnes in the 2025-26 fiscal year due to a surge in domestic demand following good monsoon rains, the Fertilizer Association of India (FAI) said on Tuesday. The world's second-largest fertilizer consumer has imported 14.45 million tonnes during April-October, up nearly 69 per cent from 8.56 million tonnes a year earlier, the industry body said. "There has been an increase in imports of fertilizers because of a sudden spurt in domestic demand because of good rains," FAI Chairman S Shankarsubramanian told reporters ahead of the association's three-day annual seminar. Fertilizer stocks stood at 10.2 million tonnes by end-November versus 9.97 million tonnes a year earlier, including 5 million tonnes of urea, 1.7 million tonnes of DAP and 3.5 million tonnes of NPK fertilizers, he said. Shankarsubramanian, who is also managing director of Coromandel International, said India has contracted large volumes in the l

The government argued that, since it was facing a flood of imports from China, it needed to ensure that these were of sufficient quality to meet Indian standards

India, the world's second-biggest crude steel producer, imported 3.8 million metric tons of finished steel during April-October and was a net importer of the alloy, the data showed

India has initiated a probe against alleged dumping of polyester textured yarn by Chinese companies into the country, following complaints by two domestic players including Reliance industries Ltd, according to a notification. The Directorate General of Trade Remedies (DGTR) said that Reliance and Wellknown Polyester in their applications have claimed that the cheap import of these yarns from China have caused material injury to the domestic industry and accordingly have requested the government to impose antidumping duty. On the basis of the duly substantiated written applications submitted by the applicants, and having reached satisfaction based on the prima facie evidence submitted by the applicants concerning the dumping of the products, "the Authority, hereby, initiates an anti-dumping" investigations, the DGTR has said. If it is established that these dumplings have caused material injury to domestic players, the DGTR would recommend the imposition of anti-dumping duty on thes

Development comes at a time when negotiations for India-US BTA gather steam

The import approvals for goods from China and other countries will cover electronics parts, shoes, steel, household items, raw materials, and other daily-use goods

Policy hurdles, high royalties and red tape keeping global explorers away, warns report