Exports

5.5% reflects resilience of export sectors Newly appointed FIEO President S C Ralhan has on 15 April welcomed the healthy 5.5% export growth in FY2024-25, highlighting the strong performance of the services sector, which played a key role in offsetting...

EU and US are accelerating EV adoption Despite India's strong manufacturing base, its share in the globally traded auto component market remains at just 3% (~US$20 billion), highlighting a vast scope for expansion in a global market valued at US$2...

Global power and hand tools market $190bn by 2035 India’s Hand & Power Tools Sector has the potential of generating US$25 billion from exports, according to a NITI Aayog report launched on 15 April https://www.commerce.gov.in/. The report, ‘Unlocking $25+ Billion...

Wangsu calls for fair price of Arunachal products Arunachal Pradesh Chief Minister Pema Khandu wants to enhance agri-exports of GI tagged Khaw Tai Rice (known as Khamti Rice), Mandarin Orange, Kiwi, Apple, Persimmon, Yak Cheese (Churpi), amongst others to the...

ASEAN remains pivotal trade partner for India, says Ministry The ASEAN-India Trade in Goods Agreement (AITIGA) was reviewed in New Delhi from 7-11 April as trade experts worked on to build the bilateral trade which in 2023-24 US$121 billion. The...

Slovakia stands to benefit from India’s vast consumer market, says Murmu President Droupadi Murmu, on a state visit, has called delegates at the Slovakia-India Business Forum in Bratislava, to explore the diversification of trade basket between the two nations which...

India is a trusted and reliable partner, says Goyal Commerce and Industry Minister Piyush Goyal has apprised exporters regarding discussions with the US for a mutually beneficial multi-sectoral Bilateral Trade Agreement (BTA), and assured that the negotiating team is exploring...

IIM-IIFT campuses being planned in Dubai Commerce and Industry Minister Piyush Goyal has acknowledged the UAE's pivotal role in India’s outreach to Africa, investments in logistics and infrastructure, and efforts to build digital and commercial connectivity https://www.commerce.gov.in/. Addressing the Dubai-India...

Minister warns against low-cost imports for short-term gains Commerce and Industry Minister Piyush Goyal has told stalwarts of Indian businesses that the European Free Trade Association (Switzerland, Norway, Liechtenstein, and Iceland) has committed to bringing technology and investing US$100 billion...

Indian tea industry expects 6.98% CAGR in 2025-30 The Indian tea market is witnessing a steady growth, with rising domestic consumption and strong export potential to Russia, Iran and the UAE, having made significant shipments, according to an industry report....