From Mumbai to Marseille: IMEC is bound to redefine India-Europe ties

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 […]

The Chamber of Trade and Industry has requested the Delhi government to organize large shopping festivals and business fairs, similar to those in Dubai and China, to stimulate trade and tourism. CTI Chairman Brijesh Goyal emphasized that these festivals would boost local trade, create jobs, and generate revenue. Minister Kapil Mishra welcomed the idea and […]

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 […]

The Swadeshi Jagran Manch (SJM) criticized the United States for employing coercive tactics to penetrate sensitive Indian markets. Urging the government to prioritize national interests, SJM advocated for strategic autonomy and a multipolar trade system. They emphasized the importance of protecting farmers, small industries, and India’s long-term economic self-reliance, while advancing ‘Aatmanirbhar Bharat’.

India has officially announced sugar exports of 5,841 tonnes to the European Union under the tariff-rate quota scheme for the year 2025-26. The Director General of Foreign Trade issued a public notice regarding this notification. A Certificate of Origin, if needed, will be issued by the Additional DGFT, Mumbai, based on APEDA’s recommendation.