The growth in engineering exports provides a buffer for India's broader merchandise trade, which faces mounting pressure from higher freight, insurance and transit costs
The Trump administration on Friday unveiled fresh duties of between 10% and 12.5% on goods from 60 trading partners, including India
The 10 per cent temporary tariff imposed by the US on imports from its trading partners, including India, is set to expire at 9:31 am (IST) on July 24, unless President Donald Trump's administration extends the measure or announces a new tariff regime. If no fresh announcement is made in the next few hours, imports from India and other US trading partners will revert to the tariff regime that existed before April 2, 2025, when no additional duty was in place. Trump, in April 2025, announced sweeping reciprocal tariffs on a number of countries, including on India (26 per cent). For example, a shirt exported from India, which attracted a 5 per cent Most Favoured Nation (MFN) duty in the US, has been subject to an additional 10 per cent tariff since February 24. If the temporary tariff expires on July 24 without being extended or replaced, the product will again attract only the 5 per cent MFN duty. The US, on Wednesday, said it will release the "final responsive action" on Section 30
Exports to Asean and Africa surged in April-May FY27, driving India's export growth as shipments diversified beyond North America and Europe
India has secured higher steel export quotas under the UK's safeguard regime through CETA, expanding duty-free access and strengthening its position in the UK market
China's factories are booming, exports are at record highs, and its AI industry is expanding rapidly. So why is the world's second-largest economy slowing down?
India and the UK are discussing Britain's upcoming carbon border tax as exporters seek clarity on its impact on steel and other carbon-intensive shipments
The Centre plans a district-level export push covering 500 districts, with dedicated MSME support, quality labs, certification aid and logistics subsidies
Experts answer key trade queries on export quotations, Rodtep compliance, sea cargo liability and customs valuation for related-party imports
Only 140 exporters have registered for collateral-free export credit under EPM since January, highlighting weak uptake of the MSME-focused guarantee scheme
Industry and policy experts say the original framework helped exports but struggled to deliver the manufacturing transformation once envisioned
ACME Group says Odisha will become India's gateway for green ammonia exports to Japan, marking the country's transition from energy importer to clean energy exporter
Exports surge over 40-fold to $1.5 billion in FY26
UPITS 2026 aims to connect nine million MSMEs with global buyers, targeting ₹20,000 crore in business opportunities and boosting Uttar Pradesh's export ambitions
The Board of Trade (BoT), chaired by Commerce and Industry Minister Piyush Goyal, is scheduled to meet on July 3 to leverage benefits from recent trade pacts and to discuss strategies for accelerating the country's exports, an official said. The BoT includes participants from various states, Union territories, and senior officials from the public and private sectors. In the meeting, representatives of export promotion councils, along with other participants, will present their views on the export sector. "The BoT is meeting on July 3 here," the official said. The last meeting of the board was held on November 25, 2025. The meeting is important as India has implemented five free trade agreements (FTAs) since 2021 with Mauritius, Australia, the UAE, Oman, and the four-nation European EFTA bloc. It has also signed a pact with the UK, which will come into force on July 15. The trade pact with the 27-nation EU is expected to be signed by the end of this year and may come into force ne
Bajaj Auto Ltd will strengthen strategically important 125cc plus domestic motorcycle portfolio, while 'turbo charging' its electric scooter Chetak in FY27, amid a volatile, uncertain and complex external environment, Chairman Niraj R Bajaj said. The company will also look to boost exports given the recovery across key international markets, whilst navigating the challenges and disruptions in global logistics, Bajaj said in the company's annual report for 2025-26. "As we look ahead to FY27, the external environment remains volatile, uncertain and complex. Geopolitical developments, commodity inflation, supply chain disruptions and shifts in global trade dynamics are creating challenges in the operating environment that are particularly pronounced as we start the new financial year," he said. "The opportunities before us across markets and segments remain very significant and offer substantial headroom for growth," Bajaj said. India continues to be one of the world's fastest growing
In this session of Gurugyan, Navneet Sharma, COO, ACT Enterprise talks about digital infrastructure and SMBs.
Iran war-driven fuel price surge accelerates EV adoption across Asia and Africa, boosting Chinese automakers while exposing major gaps in charging infrastructure
The move, which affects rare earth producers and defence-linked manufacturers, comes after Washington imposed restrictions on several Chinese companies earlier this month
India's smartphone exports to the US surged 47% in April, led by Apple, underscoring the company's continued push to expand iPhone manufacturing in the country