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Indian exporters are hoping that the country’s goods and services outflows could touch $1 trillion in 2026-27, supported by the recently signed trade agreements with the United States and the European Union. The anticipated surge comes as the US has reduced tariffs on Indian products from 50% to 18%, opening the door for more orders…
NEW DELHI: The smartphone in your pocket is increasingly getting a ‘Made in India’ backstory – and so are many of the electronic parts that power daily life. India’s electronics manufacturing has grown sharply over the past 11 years, with production rising about six-fold and exports jumping eight-fold, govt told Rajya Sabha on Friday, adding…
Garment exporters in Tamil Nadu’s textile hub Tiruppur expect shipments to the United States to double to about Rs 30,000 crore over the next three years following the India-US trade framework, industry representatives told PTI.They also indicated that the sector could generate about 5 lakh additional jobs over the next three to five years as…
The patience of Narendra Modi govt seems to have paid. The US-India joint statement issued by the White House on Feb 6 gives some relief. It indicates what is likely to come in the trade deal. It is still an ‘interim agreement’ and there is no explicit mention that India will stop buying crude oil…
NEW DELHI: India’s exports to China have increased 37% to $14.2 billion during April-Dec, govt told Rajya Sabha Friday, with shipments during the last month of 2025 jumping 67% to over $2 billion. Imports during the first nine months were up 13.5% to nearly $96 billion, latest data from the commerce department showed. In Parliament,…
NEW DELHI: A US-India trade deal is set to add to the already strong growth momentum and revive investor interest for Asia’s third largest economy as uncertainty gives way to optimism.Growth has remained strong and has gathered in strength on the back of a string of reform measures unleashed by the govt including GST rate…
NEW DELHI: While details are still trickling in, the announcement of the India-US trade deal couldn’t have come at a more opportune time. Having just dispatched containers for the summer season, garment and leather and footwear makers were worried about orders for the next season.The smaller players had virtually stopped shipments over the last few…
With the India–European Union free trade agreement — widely dubbed the “mother of all deals” — now concluded, Commerce and Industry Minister Piyush Goyal on Saturday said the pact would be “compassionate and loving”, ensuring gains for all 28 partners involved, while potentially doubling India’s exports to Europe within five years, PTI reported.Goyal said India…
NEW DELHI: India and the European Union on Tuesday concluded a long-awaited Free Trade Agreement (FTA), marking a historic milestone in bilateral economic ties and positioning the two partners firmly in favour of diversified trade at a time of rising global uncertainty.The deal, finalised after more than two decades of negotiations and relaunched talks since…
Dhruv Gadh, Partner- Transport, Logistics and Infrastructure PwC India lists the top expectations for maritime sector: This budget presents an opportunity to transform the maritime sector by focusing on three key areas: 1. Capital allocation for Maritime Amrit Kaal VisionAlign investments to support the long-term Maritime Amrit Kaal Vision by scaling up the Sagarmala Programme….
