India’s pomegranate exports to the US are gaining momentum with the first commercial sea shipment of the Bhagwa variety reaching New York. This milestone, involving 4,620 boxes from Maharashtra, is part of efforts to boost Indo-US trade, aiming for $500 billion by 2030.
India’s pomegranate pact with US bears juicy fruits
Prime Minister Narendra Modi is planning a Europe trip in mid-May, encompassing Croatia, Norway, and the Netherlands, as FTA negotiations intensify. The Norway leg includes the 3rd India-Nordic Summit, emphasizing renewables, high-tech, and investments. In the Netherlands, Modi will focus on high-tech collaboration, particularly semiconductors, reinforcing its role as a key economic partner.
India’s oilmeal exports dip 21 pc to Rs 12,171 cr in FY25; volume falls 11 pc to 43.42 lakh tonnes
1 year ago
India’s oilmeals exports witnessed a significant decline, dropping 21% to Rs 12,171 crore in the last fiscal year, primarily due to an 11% decrease in sales volumes. The Solvent Extractors’ Association of India reported reduced exports of rapeseed and castorseed meal as key factors.
Adani Ports & Special Economic Zone (APSEZ) is set to reacquire North Queensland Export Terminal (NQXT) in Australia from the Adani family for $2 billion. This non-cash deal, approved by the APSEZ board, aims to consolidate port assets and bolster overseas expansion. APSEZ will issue new equity shares, increasing the promoters’ stake.
US tariffs on Chinese imports are opening doors for Indian garment and toy exporters, potentially boosting their capacity utilization to 90-95%. American buyers are actively seeking to diversify their supply chains, leading to increased inquiries for Indian manufacturers. While this presents a significant opportunity for Indian MSMEs, capacity constraints and the need for strategic investments […]
The US informed the WTO that its steel and aluminum tariffs are for national security, not safeguard measures, rejecting India’s consultation request. India sought discussions after the US imposed tariffs in 2018 and revised them in February 2025, arguing the US failed to notify the WTO.
IMEC could expand to include Oman, Egypt and Slovenia to advance strategic and economic interests
1 year ago
The India-Middle East-Europe Economic Corridor (IMEC) may expand to include Egypt, Oman, and Slovenia, enhancing strategic interests and regional economic integration. Experts at a conclave in New Delhi highlighted IMEC’s potential to reduce logistics costs and shipping times, leveraging India’s GATI SHAKTI initiative. IMEC aims to establish a resilient trade route, complementing the Suez Canal […]
An Indian official team is set to visit Washington next week to resolve outstanding issues before formally launching negotiations for a proposed India-US bilateral trade agreement (BTA). This visit, following a recent US team visit to India, signals growing momentum for the BTA talks.
Chinese firms like Shanghai Highly and Haier are now more willing to accept Indian conditions for expansion, including minority stakes in joint ventures, due to escalating US tariffs and the lure of India’s large market. Shanghai Highly is reviving talks with Voltas for a manufacturing joint venture, while Haier is considering selling a majority stake […]
India is actively pursuing US companies seeking to relocate manufacturing from China, aiming to capitalize on global supply chain shifts in sectors like electronics and pharmaceuticals. The government is also encouraging Indian companies to target the US market, preceding bilateral trade agreement negotiations. Electronics industry sees a significant opportunity, but Vietnam’s strong supply chain poses […]