For many, the US trade pact recalls India's 1991 IMF bailout - restoring market access at the cost of autonomy, with Trump-era oversight seen as surrendering energy sovereignty to single foreign power
The new India-US reciprocal tariff deal offers relief and predictability, but ties market access to strategic concessions, reshaping how bilateral trade will be negotiated
Export incentive allocations have been pared back in Budget 2026-27, with sharp cuts to RoDTEP and RoSCTL even as exporters face geopolitical risks and higher US tariffs
Economic Survey flags rupee pressure, stressing goods exports for currency stability as manufacturing stagnates and productivity gains outpace wage growth
At least 10 consignments held at European ports this month; order cancellations on the rise
According to the revised notice, the timelines for both purchase of the EoI document and bid submission have been revised from the earlier January 21 deadline
Gujarat, Maharashtra, and Tamil Nadu together account for roughly 56% of India's exports, with Gujarat alone contributing close to 30%
Indian exporters did not cut prices after the US imposed 50% tariffs, instead reducing volumes, leaving American consumers to bear most of the tariff burden, a Kiel study finds
India should press the European Union (EU) to clear the "dense web" of non-tariff barriers for domestic products, especially in the agri and pharma sectors, under the proposed free trade agreement, as such restrictions often "blunt" the benefits of tariff reductions, think tank GTRI said on Monday. The conclusion of the India-EU free trade agreement (FTA) negotiations is expected to be announced on January 27 during the visit of the EU team here. The pact is nearing the finishing line after 18 years. The talks started in 2007. The President of the European Council, Antonio Luis Santos da Costa, and the President of the European Commission, Ursula von der Leyen, will be on a state visit to India from January 25-27. They are chief guests at the 77th Republic Day celebrations. The barriers faced by Indian products in the EU include regulatory delays in pharmaceutical approvals, stringent sanitary and phytosanitary (related to plants and animals) rules affecting food and agricultural ..
India and New Zealand have concluded a free trade agreement after nine months of negotiations. The deal offers zero-duty access for all Indian exports,opens new visa pathways for skilled professionals
Supply-chain realignments and inventory restocking ahead of the US holiday season helped India's exports rebound in November, think tank GTRI said on Sunday. After recording contraction for two consecutive months, India's merchandise exports to the US rose 22.61 per cent to USD 6.98 billion in November despite steep 50 per cent tariffs on domestic goods, according to commerce ministry data. Imports during the month grew 38.29 per cent to USD 5.25 billion. During the April-November period of this fiscal year, the country's exports to the US increased 11.38 per cent to USD 59.04 billion, while imports rose 13.49 per cent to USD 35.4 billion. The US has imposed a sweeping 50 per cent tariff on Indian goods entering American markets from August 27. The Global Trade Research Initiative (GTRI) said in sectors such as electronics and machinery, "supply-chain realignments and inventory restocking ahead of the US holiday season also supported shipments". It added that the rebound after ..
India and Oman have signed a major free trade agreement that gives Indian exports near-total duty-free access to Oman. From goods and services to jobs and geopolitics
But the country's shipments to traditional strongholds in Africa and Latin America remain tethered to internal combustion engines
Mexico's decision to levy tariffs of 5-50% on over 1,400 products from India and other Asian nations has alarmed exporters already hit by US duties, with engineering goods and automobiles
India's marine sector exports rose by 16.18 per cent to USD 4.87 billion during April-October this fiscal mainly on account of healthy growth in non-US markets, including China, Vietnam, Russia, Canada and the UK, according to the commerce ministry data. The exports to the US have been impacted because of 50 per cent tariffs on Indian marine products. An official said that a noteworthy shift in trade patterns in the sector has been witnessed during the period. The United States, traditionally India's largest shrimp market, registered a 7.43 per cent decline in exports to USD 85.47 million. "However, this shortfall was more than compensated by a spectacular rise in shipments to China, Vietnam, Belgium, Japan, Russia, Canada and the UK," the official said. These gains reflect both a diversification in export destinations and a structural shift in global sourcing trends, as buyers in Asia and Europe increasingly turn toward Indian suppliers for consistent quality and competitive ...
The Board of Trade (BoT) is scheduled to meet on Tuesday, chaired by Commerce and Industry Minister Piyush Goyal, to discuss strategies to boost India's exports amid the steep tariffs imposed by the US, an official has said. Headed by the minister, the board 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 November 25," the official said. The meeting is important as the country's exports fell by a steep 11.8 per cent to USD 34.38 billion in October on account of the impact of high tariffs by the US, while the trade deficit widened to a record high of USD 41.68 billion, mainly due to a jump in gold imports. India and the US are negotiating a bilateral trade agreement. The first phase of the pact is expected to be announced soon, which would address the
India's merchandise exports fell 11.8 per cent year-on-year, since August 2024, to USD 34.38 billion in October, Crisil said in its report. This follows a 50 per cent increase in US tariffs on August 27 this year, a move that has subdued exports for the second month in a row, the report said. The decline in exports was broad-based across petroleum products, gems and jewellery and core sectors. Petroleum products exports declined 10.4 per cent year-on-year in October, compared to a growth of 15.1 per cent in September. Similarly, core exports slipped to 10.2 per cent compared to 6.1 per cent growth in September 2025, the report said. Merchandise exports to US decreased 8.6 per cent year-on-year to USD 6.3 billion in October. This was an improvement from the 11.9 per cent decline in September, according to the report. The announcement by the US on November 16 to cut tariffs on 254 food items bodes well for some of the agricultural exports, such as tea and spices, the report ...
Piyush Goyal will review export challenges, logistics gaps and trade deal gains as industry seeks clarity on the new Export Promotion Mission
Electronics and IT exports jump sharply, backed by new investments and state incentives
EPM to aid MSMEs with trade finance, market access; IES to be revamped