Page 4 - Indian Export

Shrinking profit margins hit popular 'Make in India' trade in electronics

As companies boost spending, some investors are questioning whether market demand is keeping pace with the flood of investments

India's coffee exports rise 125% to $1.8 billion over 11 years: Govt data

The country's coffee exports have jumped about 125 per cent to USD 1.8 billion in the last 11 years on account of a series of measures taken by the Coffee Board of India, according to the central government data. The exports stood at over USD 800 million in 2014-15. It was USD 1.28 billion in 2023-24 and USD 1.14 billion in 2022-23, the data showed. Europe remains the top destination for the country's coffee exports. The major countries which import the commodity from India include Italy, Germany, Belgium, Middle East nations, Korea, and Japan. The major initiatives taken by the Coffee Board of India to push the exports include online issuance with digital signature of registration-cum-membership certificate (RCMC), export permit, certificate of origin, regular interaction with the exporters to discuss bottlenecks and addressing those issues, and providing regular global market information and market intelligence. The other export promotion steps included transit/freight assistance

Reimagining India's quality control mandate as an export enabler

As of today, out of approximately 23,000 BIS standards, only 187 QCOs covering 769 products have been notified. This suggests that while the momentum is rising, the journey is far from complete

Doubling tariff on steel, aluminium by US to impact Indian exporters: GTRI

US President Donald Trump's announcement to double tariffs on imported steel and aluminium will impact Indian exporters, as it would hurt their profitability, think tank GTRI said on Saturday. On May 30, Trump announced that he would double the existing 25 per cent tariffs on steel and aluminium imports from June 4. This hike comes under Section 232 of the US Trade Expansion Act of 1962, a law that allows the president to impose tariffs or other trade restrictions if imports are deemed a threat to national security. Trump originally invoked this provision in 2018 to set the 25 per cent tariff on steel and 10 per cent on aluminium. He raised tariffs on aluminium to 25 per cent in February 2025. For India, the consequences are direct, the Global Trade Research Initiative (GTRI) said. In 2024-25, India exported USD 4.56 billion worth of iron, steel, and aluminium products to the US, with key categories, including USD 587.5 million in iron and steel, USD 3.1 billion in articles of iro

Improving govt buying: Foreign companies join in, but hurdles remain

Government procurement is, at its core, about expenditure efficiency

As US economy dips, why it means good business for India's exports

Surging trade deficit has had severest impact on America's GDP since 1947

FIEO urges RBI to share info on banks offering rupee trade to aid exporters

Apex exporters' body FIEO has urged the RBI to publicly share information on banks offering the rupee trade settlement system (SRVA) as lack of awareness is limiting its use. The system simplifies trade and saves foreign exchange, but many exporters do not know where to access it, Federation of Indian Export Organisations (FIEO) President S C Ralhan told PTI. In 2023, the Reserve Bank permitted banks operating in the country to open Special Rupee Vostro Accounts (SRVAs) of partner banks from specified countries as part of efforts to promote bilateral trade in local currencies. This enables exporters and importers to invoice and pay in their respective domestic currencies enabling the development of a bilateral foreign exchange market. This system makes it easier to trade with some countries in rupees instead of dollars or euros, "but many exporters don't even know which banks offer this service, because that information isn't easily available. The RBI should make this public. Bette

In transit: ₹2,250 cr mission to boost exports amid global uncertainties

Govt raises duty drawback rates for gold and silver jewellery

Indian exporters should temper euro, pound hedges as dollar faces pressure

With the dollar under pressure from tariff-driven outflows, downgraded US growth forecasts and shifting investor outlook, forex strategists are encouraging exporters to reassess their hedging strategy

India's smartphone exports gains 20% tariff edge over China: ICEA

Export of iPhones, smartphones, tablets, laptops from India to the US will be cheaper by 20 per cent compared to those shipped from China following the exemptions given by the Trump administration, industry body ICEA said on Sunday. The US government on Saturday amended its tariff order to exempt smartphones, tablets, laptops, and some other electronic devices from the new taxes. "China still has 20 per cent of iPhones, laptops, tablets, and watches. Only reciprocal tariff has been removed for China. India has zero tariff on iPhones and all smartphones, laptops and tablets exported to the US. Vietnam also has zero tariff on all Samsung and other smartphones, laptops and tablets exported to the US. So India and Vietnam are similarly placed on tariffs on these products and both enjoy a 20 per cent tariff advantage over China," ICEA Chairman Pankaj Mohindroo told PTI. India Cellular and Electronics Association represents major smartphone companies and their manufacturers, including ...

US curbs on Chinese goods open export window for Indian e-sellers: GTRI

The US tightening of low-value e-commerce shipments from China has opened up huge opportunities for Indian online exporters, as they can fill the gap if the red tape is eased and the government provides timely support, think tank GTRI said on Sunday. With over 1 lakh e-commerce sellers and USD 5 billion in current exports, India is well-positioned to fill the gap left by China particularly in customized, small-batch products like handicraft, fashion, and home goods, the Global Trade Research Initiative (GTRI) said. From May 2, Chinese and Hong Kong e-commerce shipments under USD 800 to the US will face a steep 120 per cent import duty, ending their duty-free entry. This move is expected to disrupt Chinese supply chains and open the door for other countries. Chinese firms Shein and Temu are major players in the sector. Over 1,400 million low-value packets entered the US in 2024 from the world, with China alone exporting USD 46 billion worth of such goods. "India is well-positioned t

Trump tariffs redraws export map: Where do Indian exporters win and lose?

Donald Trump' 27 per cent tariff on India may be better positioned compared to key competitors such as China, Vietnam, Bangladesh, and Indonesia. Here's how

Not 26%, but 27% tariff imposed on Indian exports by Trump administration

White House has released the order for tariffs imposed by the Trump administration on various nations

Trump reciprocal tariff: Which Indian sectors will be impacted from April 2

From auto to tech: What sectors will be most impacted by Trump reciprocal tariffs that will go into effect on April 2

Trump's 'Liberation Day' tariffs to hit all nations starting April 2

Trump confirms global rollout of 'Liberation Day' tariffs from April 2, sparking concern over trade wars; India considers lowering import duties to avoid impact

The coming tsunami of Chinese exports: India may have to follow suit

Exports have been a major driver of China's growth and prosperity. However, there is a clear disconnect between its share of global manufacturing and consumption

US-China trade war may open new opportunities for Indian exporters

China on Tuesday announced retaliation and said the country plans to impose higher tariffs on US imports

Budget 2025 export boost: Govt promises Bharat Trade Net, push domestic mfg

Launch of digital trade platform Bharat Trade Net, domestic manufacturing boost, streamlining customs screening and clearance procedures

Food, beverage, marine exports could hit $100 bn in 4-5 yrs: Piyush Goyal

There is a potential to increase exports of food, beverages and marine products to USD 100 billion in the next 4-5 years as huge demand is there for these goods in the global markets, Commerce and Industry Minister Piyush Goyal said on Friday. Interacting with the food and beverage industry players, the minister also suggested the companies focus on quality, nutrition and sustainability. "I hope to see a 3-digit mark, a USD 100 billion mark, in our food, beverages, marine products and agri exports in the next 4-5 years," Goyal said. He further said this is not an ambitious target and the industry should work together to take the exports to this level. To enhance the quality of production, the government is looking at expanding testing laboratories in the country. The interaction was held on the sidelines of the Indusfood 2025 exhibition in Greater Noida.

Best of BS Opinion: Risks and Outcomes in an Uncertain Future

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