Page 4 - India Trade

DPIIT gets 13 PLI applications for white goods with ₹1,914 cr commitment

The Department for Promotion of Industry and Internal Trade (DPIIT) on Thursday said it has received another 13 applications with an investment commitment of Rs 1,914 crore in the fourth round of the Production Linked Incentive (PLI) scheme for white goods. The application window for this round was open from 15th September 2025, till 10th November 2025. White goods are ACs and LED Lights. Among the 13 applicants, one is an existing PLI beneficiary committing an additional investment of Rs15 crore, while nine applicants have applied for manufacturing air conditioner components with a cumulative investment of Rs 1,816 crore, it said. These investments focus on producing copper tubes, aluminium stock, compressors, motors, heat exchangers, control assemblies, and other high-value components. The remaining four applicants have proposed Rs 98 crore investment for LED component manufacturing, including LED chips, drivers, and heat sinks. Proposed investments span 6 states, covering 13 .

Swift rollout of export promotion hinges on clear rules, funding: GTRI

The successful rollout of the Export Promotion Mission, approved by the government on Wednesday, will depend on swift issuance of detailed guidelines, adequate funding, and building strong coordination mechanisms, think tank GTRI said on Thursday. The government approved Rs 25,060 crore Export Promotion Mission which seeks to strengthen India's export competitiveness, particularly for MSMEs, first-time exporters, and labour-intensive sectors. The Global Trade Research Initiative (GTRI) said the total outlay of Rs 25,060 crore over six years is less than Rs 4,200 crore per year. Last year alone, the Interest Equalisation Scheme cost more than Rs 3,500 crore, leaving very limited funds for the many activities, such as branding, packaging, trade fairs, compliance, and logistics, it said. Another issue, it said, eight months of 2025-26 have already passed and older programmes like MAI (market access Initiative) and IES, which operated until last year, have made no payouts this year, ..

No trade deal at cost of farmers, workers' welfare, says Piyush Goyal

India will not agree to any trade deal that harms farmers, dairy or workers, Piyush Goyal said, adding that new fish export markets like Russia are being explored

India, EU discuss resolution of pending issues in proposed trade pact

Commerce and Industry Minister Piyush Goyal on Wednesday said he held a meeting with EU Trade Commissioner Maros Sefcovic to discuss outstanding issues related to the proposed trade pact. The meeting was important as Goyal is scheduled to visit Brussels next week to give an impetus to the ongoing negotiations for the proposed trade agreement between India and the European Union. "Had a productive engagement focused on the positive resolution of the outstanding issues with respect to the India-EU FTA with Mr @MarosSefcovic, EU Commissioner for Trade and Economic Security, ahead of my Brussels visit starting next week," Goyal said in a post on X. Goyal's visit follows the conclusion of the 14th round of talks between the two sides from October 6 to October 10. Commerce Secretary Rajesh Agrawal has also held talks with European Commission (EC) Director General for Trade (DG-Trade) Sabine Weyand in Brussels. Engagements between the two sides have increased as they have decided to conc

Is India ready to embrace CPTPP after walking out of RCEP in 2019?

Six years after leaving RCEP, India faces pressure to rejoin or consider CPTPP as US tariffs disrupt exports - but core trade, dairy, and policy hurdles persist

Centre says trade team to visit US this week as bilateral talks progress

The negotiations resumed last month as both sides sought to ease tensions following President Donald Trump's decision to slap India with the highest tariffs in Asia

India's trade hurdle: Bureaucrats unchecked, entrepreneurs unheard

The entrepreneur filed her shipping bill for export of certain goods she had been exporting for years

LIVE news: India's capacity to absorb shocks strong amid global shifts, says FM Sitharaman

Latest news updates LIVE: Catch all the latest developments here

DGTR recommends 5-year anti-dumping duty on select Chinese cranes imports

The commerce ministry's probe agency has advised imposing a five-year anti-dumping duty on specific Chinese crane imports to shield domestic firms from low-cost shipments

Apeda figures low in fiscal support even as India looks to sign FTAs

Comparatively modest expenses on salaries and establishment could be a reason

India is top choice for MNCs to expand trade, investment: StanChart report

A Standard Chartered report shows over 40 per cent of global firms plan to increase trade and investment in India, citing its fast-growing economy, large market, and favourable business reforms

Trade deficit narrows to 25.7% at $26.59 billion in August; imports dip 10%

August 2025 trade data: The trade deficit decreased 25.7 per cent to $26.59 billion in August against $35.64 billion last year

Citi sees $10-12 billion IPO pipeline in 3 quarters, says Amol Gupte

Citi's Amol Gupte says India's reform push and strong domestic demand will help navigate US tariff shocks; sees GST cuts boosting growth, FDI pipeline intact

13th round of FTA talks from Monday: India, EU hope to fast-track deal

The outcome of this round of negotiation will be crucial in determining the next steps, as both sides weigh the possibility of a political call to break the deadlock on the unresolved issues

India counting on Germany's support to expedite EU FTA: Jaishankar

Welcoming Wadephul on his first visit to India, Jaishankar said that India and Germany share a strong history of multilateral cooperation

Two great countries will get this solved: Bessent on India-US trade ties

US Treasury Secretary warns of fresh tariffs, calls SCO 'performative'; Trump says India's high duties block US firms while it buys oil and arms from Russia

Will come up with measures to expand India's presence in global mkts: Goyal

The Union minister exuded confidence that the measures will ensure that India's exports in the current financial year will exceed that of last year's

India holds informal talks with US, rules out retaliation for now

While talks on a bilateral trade deal have been postponed, the two countries continue to communicate on critical issues, including defense and foreign policy

US tariffs: Bracing for pain, exporters cling to trade deal hopes

Workers, small business owners fear loss of livelihood as factories reduce operational hours amidst cancelling of orders

Tariff trials: India needs to diversify markets, increase competitiveness

Since the US accounts for nearly one-fifth of India's exports, the consequences for exporters are severe