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.
Port of Return! Adani company to buy Australian terminal from promoter family
Adani Ports and SEZ Ltd is set to acquire North Queensland Export Terminal in Australia for USD 2.4 billion from a group company, marking its fourth overseas acquisition in two years. The non-cash deal, involving the issuance of new equity shares, aims to boost APSEZ’s global presence and volume targets, leveraging the terminal’s strategic location […]
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.
India is considering a new category for ready-to-drink alcoholic beverages with 8-18% alcohol content, potentially allowing imports of such products as part of trade deal negotiations with the US. The US has requested eased customs clearances and certifications for food, beverages, chemicals, and medical devices.
IMEC could expand to include Oman, Egypt and Slovenia to advance strategic and economic interests
6 months 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.
India’s trade deficit with China soared to a record $99.2 billion in the last fiscal year, driven by increased imports of electronics and industrial inputs. Simultaneously, India recorded a $41.2 billion trade surplus with the US. Concerns over potential dumping from China, exacerbated by US tariffs, have prompted India to enhance its import monitoring mechanisms.
Trump tariff impact: Chinese giants like Haier, Shanghai Highly agree to minority stakes under Indian FDI norms
6 months ago
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 […]