Exports

Exim Matters: Rodtep rates cut as remissions rise amid flat export growth

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

US solar duty shock may disrupt India's exports, spurs call for SEZ relief

With the US imposing a 125.87% duty on Indian solar equipment, industry players warn of export disruption and renew calls for SEZ manufacturers to sell in the domestic market without duty impact

Rajasthan allocates ₹30 crore to promote small entrepreneur exports

Rajasthan govt will provide ₹30 crore in financial support to small entrepreneurs to participate in domestic and international fairs under MSME, Export Promotion, and One District One Product schemes

Nepal's soyoil exports to India in 2025 jump tenfold on duty-free access

India imported a record 694,153 metric tons of soyoil from Nepal in 2025, up from 65,138 tons a year ago, according to data compiled by India's Ministry of Commerce and Industry

Smartphones became India's biggest export category in 2025: Vaishnaw

Smartphone has become India's top export category with overseas shipments worth USD 30 billion in 2025, Union Electronics and IT Minister Ashwini Vaishnaw said on Wednesday. The minister shared the development in a social media post. "Becoming the smartphone manufacturing factory for the world," Vaishnaw said. The photo post titled Smartphones India's No. 1 export category displayed that there were exports worth USD 30 billion in January-December 2025. Mobile phones worth Rs 5.5 lakh crore (USD 60 billion) were produced in the country, and exports from the segment were worth around Rs 2 lakh crore (about USD 22 billion) in 2024-25. Electronics exports from the country have crossed Rs 4 lakh crore (USD 44 billion) in 2025 and are expected to grow when four semiconductor plants begin production this year. Neil Shah, Co-Founder and VP for Research at market research and analysis firm Counterpoint, said Apple has become a poster child for India by expanding its manufacturing post-US

China imposes export curbs on 20 Japanese firms over remilitarisation

The measures target units of major Japanese industrial conglomerates such as Mitsubishi Heavy Industries' (7011.T), opens new tab shipbuilding and aero engines divisions, the ministry said

China puts Japanese companies on export control lists as tensions rise

China on Tuesday put 20 Japanese companies on an export control list and 20 others on a watchlist, as tensions continue over the Japanese leader's previous comments on Taiwan, the self-governed island Beijing claims as its own. Chinese exporters will be banned from selling dual-use goods, which can be used both for civilian and military purposes, to 20 Japanese companies, according to a statement by China's Commerce Ministry. Companies targeted include multiple subsidiaries of Mitsubishi Heavy Industries involved in shipbuilding and the production of aircraft engines and maritime machinery, as well as divisions of Kawasaki Heavy Industries and Fujitsu, among others. Foreign organizations or individuals are also banned from providing dual-use items originating in China to the 20 entities, the ministry said. "All ongoing related activities must cease immediately," its statement read. A separate list includes 20 Japanese companies for which Chinese exporters are required to submit ..

Trump's 10% tariff reset may lift India's labor-intensive exports

The reduction of the US reciprocal tariff on India from 25 per cent to 10 per cent will significantly improve competitiveness of domestic labour-intensive sectors in the US such as pharma, electronics, engineering, textiles, and gems and jewellery. In a major setback to US President Donald Trump's pivotal economic agenda for his second term, the US Supreme Court, in a 6-3 verdict written by Chief Justice John Roberts, ruled that the tariffs imposed by the president on nations around the world were illegal and that he had exceeded his authority when he imposed the sweeping levies. Later, through a proclamation, the US announced a temporary import surcharge of 10 per cent ad valorem on articles imported into the US for 150 days from February 24. These sectors at present were facing a reciprocal tariff of 25 per cent in the US market. The US is a major export destination for these sectors and reduction of tariff will help boost exports, Federation of Indian Export Organisations (FIEO)

Govt announces seven measures, credit assistance to help boost exports

The government on Friday announced seven measures, including credit assistance for e-commerce exporters and support for alternative trade instruments, with an aim to promote the country's outbound shipments. These measures are part of the Rs 25,060-crore export promotion mission. Out of 10 components of the mission, three have already been rolled out in January. To support exporters using digital channels, the commerce ministry announced credit facilities with interest subvention and partial credit guarantees. The Direct E-Commerce Credit Facility will provide support up to Rs 50 lakh with 90 per cent guarantee coverage. The Overseas Inventory Credit Facility will extend support up to Rs 5 crore with 75 per cent guarantee coverage, and an interest subvention of 2.75 per cent will be available, subject to an annual ceiling of Rs 15 lakh per applicant, the commerce ministry said. To promote export factoring as an affordable working capital solution for MSMEs, an interest subvention

Nissan targets 100k exports in FY27 as part of renewed India growth plan

Nissan aims for 100,000 exports and 100,000 domestic sales in FY27 as it launches three new locally built models and leverages India's FTAs to strengthen its global supply base

Over 40% of India's US exports already face zero duty, shows govt data

More than two-fifths of India's exports to the US faced no tariffs before trade agreement was sealed

Datanomics: Labour-heavy exports regain ground after India-US trade deal

India-US tariff cut to 18% lifts prospects for labour-intensive exports as firms diversify markets and oil sourcing shifts amid geopolitical pressure

FTP Para 4.14 vs Para 2 of 22/2023-Customs, mismatch trips importer

Customs notifications override FTP provisions on duty exemptions, while advance authorisation imports can bypass MIP for deemed exports if inputs aren't sold in the DTA

Whizzo raises $15 mn in Series A round to scale technical textiles platform

Fundamentum-led Series A backs materials-science research, in-house IP and expansion of an Asia-wide manufacturing network

Uttar Pradesh govt ramps up ecommerce push to boost MSMEs and exports

The state government is tying up with ecommerce majors and online marketplaces to strengthen the MSME sector, which consists of more than 9 million units spread across 75 districts

Export to Venezuela less than 1% of total exports, says Bajaj Auto

Bajaj Auto on Sunday said its exports to Venezuela accounts for less than 1 per cent of its total overseas shipments. The South American country has plunged into a crisis after the US captured its President, Nicolas Maduro, on Saturday. "We do export to Venezuela. Pulsar and Boxer are very popular, but these exports are less than 1 per cent of our total exports," Rakesh Shamra, Executive Director, Bajaj Auto, said. He was responding to a query about the implications on its operations in the country following the capture of Maduro by the US. In the April-December period of FY26, Bajaj Auto's total exports stood at 16,39,971 units as against 13,73,595 units in the year-ago period, up 19 per cent. Another Indian automaker, TVS Motor Company, said it has no meaningful presence in Venezuela.

UP ramps up services to achieve $50 bn export goal, eyes $1-trn economy

To hit its $50-billion export target by 2030, Uttar Pradesh is ramping up services exports, focusing on IT and global capability centres under a new policy push

Export dilemma: The 'shrimp vs smartphone' debate in India-US trade

How US tariffs are forcing India to weigh exports of labour-intensive products against technology-intensive ones. One is a job creator, the other a sunshine industry. It is not an easy choice

Growth in services exports essential to reduce concentration risk

India must broaden its services export base beyond IT and consulting to reduce concentration risks, boost competitiveness, create jobs and sustain growth amid global protectionism, say economists

India's exports to China rise on petroleum and electronics shipments

Petroleum products, and electronic goods are helping India increase its exports to China, with which it has a huge trade deficit of about USD 100 billion, according to the commerce ministry data. India's exports to China rose from USD 9.20 billion in April-November 2024 to USD 12.22 billion in April-November 2025, an increase of 32.83 per cent year-on-year. Petroleum products emerged as the largest contributor in the exports to China. It was followed by electronic goods, marine products, and oil meals, the data showed. "This sharp increase highlights strengthening trade momentum with China, supported by higher demand across key commodity segments and improved export performance over the period," an official said.