India Trade Policy

Govt halves Rodtep benefits to rein in rising payouts amid stagnant exports, tighter Budget allocations, while exempting agriculture and pushing exporters to improve compliance with annual returns

In a world where sustainability norms are increasingly shaping market access, staying out of the conversation is no longer a strategy

Move comes as Washington trying to figure out legalities

PM Modi and Brazilian President Luiz Inacio Lula da Silva held talks in New Delhi, focusing on boosting trade, technology, energy cooperation and strengthening strategic ties between the two nations

The past months have witnessed trade deals with economic giants augmenting investor-friendly confidence in India's global trade agenda

Update softens language on India's $500 bn purchases plan, bringing it in line with joint statement issued by both countries

India has agreed to provide import duty concessions to certain US agricultural products such as dried distillers' grains (DDGs), red sorghum and apples for animal feed. According to a joint statement, India and the US have agreed on a framework for the first phase of the bilateral trade agreement, which is expected to be signed by mid-March. Commerce Minister Piyush Goyal told reporters that India will provide quota-based tariff concessions on US agricultural products such as DDGs, soybean oil, apples, long staple cotton and soybean oil. "We have opened our markets for the US in a calibrated manner on some products like Distiller's Dried Grains with Solubles (DDGS), wines and spirits in which we have kept a minimum import price also," Goyal said. When asked if DDG's have GM (genetically modified) soymeal, the minister assured that the environment ministry has prescribed processes on allowing the import of GM materials in India, which will be followed. According to the US Grains an

Ongoing negotiations for a trade agreement with the US are expected to conclude during the year, a development that could help reduce uncertainty on the external front, according to Economic Survey 2025-26. For India, it said, the global conditions translate into external uncertainties rather than immediate macroeconomic stress. Slower growth in key trading partners, tariff-induced disruptions to trade and volatility in capital flows could intermittently weigh on exports and investor sentiment, the Survey said. "At the same time, ongoing trade negotiations with the United States are expected to conclude during the year, which could help reduce uncertainty on the external front," it said. India and the US are negotiating a bilateral trade agreement since March last year. So far, six rounds of negotiations have been held. Talks are going slow as the Trump-administration has imposed a steep 50 per cent tariffs on Indian goods from August last year. A delegation from the office of the

India and EU seal historic free trade deal, opening vast markets and cooperation avenues while urging India to boost competitiveness and reforms

India and Russia are moving confidently to achieve a target of USD 100 billion in bilateral trade by 2030 and steps are being taken to expand the trade basket, Ambassador Vinay Kumar said on Monday. "The past year has been particularly active. We had a very successful visit of President (Vladimir) Putin. Achieving the bilateral trade target of USD 100 billion by 2030 is eminently possible," Ambassador Kumar said while talking to PTI on India's 77th Republic Day. "Steps are being taken, including identification of new items, and a free trade agreement will facilitate the achievement of this target," he added, noting that trade has increased with new opportunities in fertilisers, agriculture and engineering. According to reports, in FY 202425, India-Russia bilateral trade reached a record high of approximately USD 68.7 billion due to massive import of Russian crude. "More of the trade is being conducted already in the national currencies and this trend will continue as we further dee

Tripling India's exports by 2035 needs tiger-like performance, open markets and ruthless reform-conditions history suggests India does not yet have

FTAs can open doors, but real gains will depend on domestic factors

India and Germany signed multiple agreements during Chancellor Friedrich Merz's visit, covering defence, semiconductors, critical minerals, green energy and mobility

India, Germany to advance deals in semiconductors, green energy, mobility

Amid political turmoil in the US and EU, India's hopes of quick trade deals face growing uncertainty, calling for realism and preparation for worst-case scenarios

Security dependence, not trade policy, explains Washington's speed with others, and why India is holding its ground

After being left out initially, India is now in talks with the US to join the Pax Silica silicon supply chain initiative, with a US official signalling possible entry in early 2026 as the bloc expands

India's rollback of quality control orders eases supply disruptions and export costs, but highlights deeper policy incoherence and recurring inward-looking trade interventions

In 2024, India's bilateral services trade with Oman stood at $863 million, with exports of $665 million and imports of $198 million, resulting in a surplus of $447 million for India

This optimistic outlook builds on the fact that Swedish companies invested a total of $2.5 bn in India over the last six years, highlighting the expanding economic corridor between the two nations