India Imports

The commerce ministry on Friday said it will set up a weekly monitoring mechanism to track export-import trends and sectoral stress indicators amid concerns that supply chain disruptions, logistics constraints, and rising input costs due to geopolitical tensions could impact industries. The concerns and challenges of the exporting community with regard to the rising cost of packaging material and disruptions in the ship movement in international waters, particularly to the West Asia region, were discussed in two separate meetings on March 9 here. The meeting, chaired by Commerce Secretary Rajesh Agrawal, focused on challenges arising from disruptions in packaging materials and associated inputs. It was observed that the ongoing geopolitical developments can impact the availability and pricing of key petrochemical inputs, such as polymers and resins, leading to increased costs for packaging materials across sectors. Industry participants highlighted the increase in prices of critica

Absolute confiscation vests goods with govt but disposal may include auction, sale or destruction; overvaluation attracts penalties under customs act, while GST export lapses trigger tax liability

Under the relaxation of the rules, India's largest state-run power equipment maker Bharat Heavy Electricals can procure 21 types of critical equipment from China, the government order said

India has initiated a probe against imports of subsidised Chinese and Indonesian paperboards as it is allegedly impacting domestic players, according to a notification. The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) has started the exercise following a complaint filed by Indian Paper Manufacturers' Association on behalf of the domestic industry. The applicant has alleged that exports of multi-layer paperboards by Chinese and Indonesian firms, which is subsidised by the respective countries, are hurting margins of Indian companies. They have requested for initiation of an anti-subsidy or countervailing investigation on imports of boards originating in or exported from these two countries. The applicant has alleged that the producers/exporters in these two nations have benefited from the subsidies provided at various levels by their respective governments in the form of grants, loans, guarantees, taxes, export credits, goods and services, or ..

Despite policy push and diversification, India's rising oil and gas import dependence is exposed by the Strait of Hormuz crisis, underscoring gaps in domestic production and energy transition

Imports grew 24% in February to $63.71 billion, due to gold and silver imports, according to data released by the commerce department on Monday

India imported 21.24 lakh tonne of urea from China between April 2025 and February 2026, the highest in three years, even as total fertiliser imports from China and Russia rose sharply this fiscal year, as per the government data placed before Parliament on Friday. In a written reply to the Lok Sabha, Minister of State for Fertilisers Anupriya Patel said that India had sourced fertilisers from both countries, with Chinese urea imports dramatically outpacing the 0.99 lakh tonne recorded in the full fiscal year 2024-25 and also exceeding 18.65 lakh tonne in 2023-24 and 12.80 lakh tonne in 2022-23. Beyond urea, India imported 5.11 lakh tonne of Di Ammonium Phosphate (DAP), 0.28 lakh tonne of Muriate of Potash (MoP) and 9.61 lakh tonne of NPK fertiliser from China between April 2025 and February 2026, bringing total phosphatic and potassic imports to 15 lakh tonne. Urea imports from Moscow stood at 13.99 lakh tonne till February, already higher than the 9.23 lakh tonne imported in ...

Retail edible oil prices begin to rise as global palm and soybean oil rates climb alongside crude oil amid the West Asia crisis

Addressing concerns over supply chain vulnerabilities, the government has successfully reduced its reliance on the volatile Strait of Hormuz by diversifying its import routes

A major proportion of India's crude oil imports flows through the Strait of Hormuz, which remains an important trade point in the Gulf

Iran-Israel conflict: Rising tensions in West Asia put India's oil supplies, trade routes and millions of workers in Gulf nations at risk, raising concerns over remittance flows and safety

The Central Board of Indirect Taxes and Customs on Sunday said the Eligible Manufacturer Importers scheme will be implemented from April 1, and such importers can clear imported goods without paying customs duty at the time of clearance. The deferred payment facility will be available to Eligible Manufacturer Importers (EMIs) meeting prescribed criteria related to Customs and GST compliance, turnover, financial standing and past track record, a finance ministry statement said. "This reform is expected to significantly improve ease of doing business, strengthen the compliance culture, promote wider participation in the AEO programme and provide a boost to domestic manufacturing," the ministry said. Existing AEO-T1 entities, including MSMEs, that fulfil the eligibility conditions are also eligible to participate in the scheme. "The facility will be available from 1st April, 2026, and will remain in force till 31st March, 2028," it added. Under this initiative, EMIs would be able to

Trade deficit widest in three months

Under the plan, the Railway board is expected to offer partial funding, technical help, and access to testing centres

India, GCC begin FTA talks as import dependence deepens, export mix shifts toward electronics and away from energy over the past decade

Despite tariff cuts, india's plan to import $500 billion of us goods in five years far outpaces historical trade flows

The Economic Survey calls a Swadeshi push inevitable amid export controls and tech denials, but warns against high tariffs and indiscriminate import substitution that hurt competitiveness

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

India could face a sharp rise in US tariffs after Donald Trump announced a 25 per cent duty on countries trading with Iran, adding pressure on exporters already hit by higher levies

In order to avoid tracking, many of these ships turn off their automatic identification system, disappearing from standard maritime monitoring