Exports Imports

Health products maker Cupid expects Rs 100 cr revenue from exports

Health products maker Cupid Ltd on Wednesday said it expects a revenue of more than Rs 100 crore to accrue from exports in the coming quarters. The international order book will be executed in the second and third quarters of 2025-26, the contraceptive products manufacturer said in a statement. The current B2B export order book is at USD 11.50 million which is equivalent to Rs 100 crore plus, across three key products segments," Cupid said in a statement. "These orders are from international government tenders in South Africa, Tanzania, and Kenya, as well as from international agencies WHO/UNFPA, NGOs like MSI and PSI," the company said. Cupid Ltd also anticipates significant orders from Brazil having secured L1 in the recent tender comprising 6.25 million pieces valued at approximately Rs 40 crore with additional future orders expected from that country, it said. The company also expects orders from Tanzania, one of the largest markets in East Africa, in Q2 and Q3 of FY26. These

Trump 50% tariff: How India stacks up against Asian, Latin American peers

India's effective tariff rate has soared to 50 per cent, while its peers face lesser tariffs despite their larger trade surpluses with the US

India's exports flat at $35.14 bn in June; trade gap at $18.78 bn

For the April-June quarter of the financial year 2025-26, exports rose 1.92 per cent to $112.17 billion, while imports increased 4.24 per cent to $179.44 billion

India curbs key Bangladeshi imports via land ports amid trade tensions

India imposes port restrictions on Bangladeshi imports after Dhaka blocks Indian yarn; relations worsen post Sheikh Hasina's exit, raising concerns over regional trade ties

JNPA sees 13.55% rise in container traffic, handles 730K TEUs in FY25

Country's premier container port JNPA on Wednesday reported a 13.55 per cent growth in container traffic at 73.01 lakh TEUs (Twenty-foot Equivalent Units) in the just-concluded fiscal compared to 64.30 lakh TEUs in the April-March period of 2023-24. It also said Bharat Mumbai Container Terminal (BMCT) achieved record handling of 222,201 TEUs and 2.27 million TEUs in March 2025 and FY 2025, respectively, and added that the Terminal started Phase-2 operations from February 5 this year. APM Terminals once again retained a 2-million TEUs terminal position by handling 2.08 million TEUs, it stated. "JNPA's record handling of 7.3 million TEUs in FY 2024-25 reflects its evolution as a model port, setting benchmarks in efficiency, sustainability, and global competitiveness. As a frontrunner in port-led development, JNPA's terminal operators continue to integrate cutting-edge technology and sustainable practices, ensuring seamless trade facilitation," said Unmesh Sharad Wagh, Chairman of JNPA

Exports to US rises 5.57% to $60 bn during Apr-Dec in FY25 on high demand

The country's exports rose by 5.57 per cent to USD 59.93 billion during April-December this fiscal on account of healthy demand in the American market for domestic goods, according to government data. During December, the shipments increased by 8.49 per cent to USD 7 billion, the data showed. On the other hand, imports during the first nine months of 2024-25 grew by 1.91 per cent to USD 33.4 billion, while in December it was up by 9.88 per cent to USD 3.77 billion. According to experts, going by the trend, the total trade between the two countries will continue to grow in the coming months also. The bilateral trade during April-December 2024-25 stood at USD 93.4 billion, as against USD 94.6 billion between India and China. The experts added that the possible trade war between the US and China will give huge export potential for Indian exporters. The US is the largest trading partner of India from 2021-22. The US accounts for about 18 per cent of India's total goods exports and o

Trade deficit eases to $21.94 billion in December as gold imports fall

Data showed merchandise exports contracted by 1 per cent year-on-year to $38.01 billion in December

Importers can use 2 exemption notifications simultaneously for same imports

If goods are imported into India after exportation therefrom, such goods shall be liable to duty and be subject to all the conditions and restrictions

Wrong turn inwards: Exports no longer a manufacturing priority for India

For consumer welfare, greater economic resilience, a stable trade deficit, and sustainable growth, the country needs to start looking outward for new markets

Export share of manufacturing companies' sales nears a record low

Drop across listed and unlisted companies

India's exports fall 1.48% in July, trade deficit widens to $23.5 billion

Inbound shipments into the country rose 7.46 per cent to $57.48 billion during the month, leading to a trade deficit of $23.5 billion

Malaysia urges India to ease rice, sugar export curbs amid supply concerns

India is a key supplier of rice, sugar, and onions for Malaysia, in turn, Malaysia is the second-largest exporter of palm oil to India after Indonesia

To boost electronics production, ICEA demands lower input tariffs in Budget

Ahead of the Union Budget, India Cellular & Electronics Association (ICEA) has recommended reduction in input tariffs for building a strong components ecosystem. ICEA based its recommendations on a "tariff study" it conducted across seven competing economies, including India. "...high tariffs on inputs limit the very engine of growth that would lead to higher production. High tariffs on inputs reduce exports because they become uncompetitive, leading to lower production of the final product, i.e., mobile phones. Addressing this requires a reduction in tariffs on inputs. "We recognise that developing the domestic supply chain is extremely critical but the right way is not by protecting with high tariff but drastically reducing disabilities by creating competitiveness and infuse incentive schemes wherever there are gaps," the report, which was released on Tuesday, said. To attract global value chains (GVCs) and increase the scale of production, ICEA said all tariff lines that ...

Three-wheeler exports may continue to skid in FY25 over subdued demand

As such three wheeler exports have been declining. According to SIAM data, in FY23, exports fell by 26 per cent, followed by a 17 percent fall in FY24

Commerce Ministry's focus likely on signing FTAs, reviving exports

The new government is likely to complete the unfinished agenda, particularly related to signing of the free trade agreement (FTA) with Oman

Govt recovers Rs 852 cr under amnesty scheme for exporters: Official

The government has recovered about Rs 852 crore under the amnesty scheme for exporters for one-time settlement of default in export obligation by the holders of advance and EPCG authorisations, an official said. The figures are likely to increase further as the exercise is on for the compilation of the data, the official added. The government has fixed March 31 as the last date for payment of customs duty plus interest. "Under the scheme, 6,705 applications were filed and as per the provisional figures, an amount of about Rs 852 crore has been recovered. This figure is further expected to increase," the official said. Meanwhile, several small exporters have requested the government to continue the scheme for a one-time settlement of default in export obligation till September. Ludhiana-based Hand Tools Association President SC Ralhan has said several small exporters have not been able to avail of the benefits of the scheme due to fulfilling their obligations to make payments to MS

India's merchandise exports may grow to $500-510 bn in FY25: FIEO

Apparel, footwear and gems & jewellery sectors set to post better results

Exports may surge 12-15% to cross $500 billion this fiscal: FIEO

The country's merchandise exports are expected to increase about USD 60-70 billion to USD 500 billion by the end of FY25, apex exporters' body FIEO said on Thursday. In 2023-24, exports dipped over 3 per cent to USD 437 billion. Federation of Indian Export Organisations (FIEO) President Ashwini Kumar also said the country's services exports are also likely to reach USD 390-400 billion this fiscal. "We are looking for merchandise exports between USD 500-510 billion in 2024-25. In the services, we expect exports to be around USD 390-400 billion for the current fiscal," Kumar told reporters here. He said traditional markets like the US and Europe will help in boosting India's exports.

India's imports from FTA partners up 38% during 2019-24 fiscal years: GTRI

India's imports of goods from countries with which it has a free trade agreement like the UAE, South Korea, and Australia grew about 38 per cent during 2019-24 fiscal years to USD 187.92 billion, according to think tank GTRI. On the other hand, the country's exports to the FTA (free trade agreement) partners rose 14.48 per cent to USD 122.72 billion in 2023-24 from USD 107.20 billion in 2018-19. "From FY'2019 to FY'2024, India's imports increased by 37.97 per cent, from USD 136.20 billion to USD 187.92 billion. This growth highlights the significant and varied impact of free trade agreements on India's global trade dynamics," the Global Trade Research Initiative data showed. According to the data, India's exports to the UAE increased by 18.25 per cent to USD 35.63 billion in 2023-24 as against USD 30.13 billion in 2018-19, while imports surged 61.21 per cent, from USD 29.79 billion in FY2019 to USD 48.02 billion in the last fiscal. The FTA between India and the UAE came into effect

Exim Bank expects 12.3% growth in exports during Apr-Jun quarter to $116 bn

The Export-Import Bank of India on Thursday said India's merchandise exports would grow by 12.3 per cent year-on-year to USD 116.7 billion in the April-June quarter this fiscal. "These positive growth rates are expected to be witnessed in continuation of the positive growth witnessed during the last two quarters of the previous financial year," India Exim Bank said in a statement. The positive growth in India's exports could be the result of the country's GDP growth fundamentals and outlook, and sustained momentum in the manufacturing and services sector, it added. "Export-Import Bank of India forecasts India's total merchandise exports to amount to USD 116.7 billion, witnessing a y-o-y growth of 12.3 per cent," it said. It added that the growth in exports is expected to continue to witness a positive momentum in the forthcoming quarters. However, it cautioned that the outlook is subject to risks of uncertain prospects for advanced economies, geopolitical shocks, and the Middle Ea