Exporters urged to build brands as a way around Trump tariffs

In response to the US imposing a 25% tariff on Indian goods, the government is urging exporters to develop homegrown brands and explore employment-linked schemes for sectors like marine products. Officials are also considering reducing testing charges for smaller exporters. The steep duty threatens a significant portion of India’s exports to the US, particularly textiles.

Indian exporters are worried about the 25 percent tariff imposed by the US. They have requested the government for financial aid and affordable credit. Sectors like textiles, marine, and food may face challenges. US buyers are cancelling or holding back orders. This could lead to job losses and a decline in India’s exports to the […]

Indian shrimp exporters are bracing for a tough time in the US market. This is due to new tariffs. These tariffs add to existing duties. Crisil Ratings anticipates a potential drop in export volume. Operating margins may also decline. Exporters are exploring alternative markets. The government supports the sector through schemes like PMMSY.

The India-Middle East-Europe Economic Corridor (IMEC) marks a pivotal moment for India-France diplomacy. Encompassing 6,400 kilometers, this ambitious corridor will forge connections between India, the Middle East, and Europe, with Marseille serving as a crucial portal. France’s endorsement of the IMEC highlights its role in facilitating trade, energy, and data interchange.

Indian exporters are worried about potential order cancellations from US buyers. This is due to the 25% tariff imposed on Indian goods. Competitors like Bangladesh and Pakistan have lower tariffs. Exporters met with Piyush Goyal, Commerce and Industry Minister. They sought support through export promotion and market assistance. The steel and textile industries also discussed […]

Araku coffee growers in Andhra Pradesh face potential export disruptions to Europe due to the upcoming EU Deforestation Regulation (EUDR), mandating traceability. Many small farmers lack the resources for geomapping, and awareness of the regulation is low. While the Coffee Board initiates geotagging, concerns arise about staff shortages and meeting the deadline, threatening access to […]

India is facing shock and dismay after the US imposed a surprise 25% tariff, with businesses and policymakers assessing the impact. Trump’s remarks on India’s trade barriers and alignment with Russia have sparked criticism and concern. While India weighs its options, businesses fear squeezed profit margins and potential job cuts, hoping for improved negotiations.

GHV Infra Projects secures a significant EPC contract. The contract is worth Rs 2,645 crore from Rana Exim FZ-LLC in the UAE. The project involves developing a smart manufacturing hub. It will be located at Ras Al Khaimah Economic Zone. The project is expected to be completed within 24 months.

US President Donald Trump suggested India might halt Russian oil purchases, calling it a positive step. However, India defended its right to formulate energy policies based on national interests and market dynamics. Amidst this, the US imposed tariffs on Indian goods, citing high tariffs imposed by India, even as trade negotiations continue between the two […]

The United States has levied high tariffs on India, potentially affecting a significant portion of Indian exports. This move places India among the most heavily penalized nations under the new tariff regime. Ongoing trade negotiations between India and the US aim to address these concerns. The Indian government downplays the impact, emphasizing its commitment to […]