India-Oman FTA to open doors for textiles and autos: Piyush Goyal

India and Oman are set to sign a Free Trade Agreement. This pact unlocks major opportunities in sectors like textiles, food processing, and renewable energy. Oman’s role as a gateway to other regions is highlighted. The agreement is expected to boost bilateral trade and Indian investments in Oman. This marks a significant step in economic […]

India’s outbound shipments to Mexico totalled $5.75 billion in 2024-25 with light vehicles, motorcycles, base metals, auto parts, machinery, textiles and pharmaceuticals being the key exports. Imports, led by crude petroleum oil, smartphones and gold, amounted to $2.9 billion.

India and Russia are set to significantly increase trade. A new strategic economic plan targets $100 billion in bilateral trade by 2030. Trade has already seen substantial growth. The plan identifies key sectors and agencies for cooperation. Russia seeks to diversify trade beyond energy and defense. Moscow offers digital solutions for India’s Smart City program.

India and Oman are set to sign a free trade agreement. This pact will boost market access for Indian products like petroleum and machinery. Oman will also see improved access to the Indian market for energy and industrial inputs. The agreement aims to reduce tariffs and liberalize services trade. Bilateral trade is expected to grow […]

Prime Minister Narendra Modi’s visit to Ethiopia has elevated bilateral ties to a ‘Strategic Partnership,’ marking a significant milestone in India-Ethiopia relations. The visit yielded several key outcomes, including agreements on customised cooperation, the establishment of a data centre, and UN peacekeeping training.

India and Jordan are set to significantly boost trade. Prime Minister Narendra Modi and King Abdullah II are targeting $5 billion in bilateral trade within five years. Both nations will collaborate on infrastructure projects, particularly in Syria. Opportunities abound in digital infrastructure, IT, healthtech, agritech, and renewable energy. Jordanian companies are invited to invest in […]

India’s exports to the US in November rose 22% on-year to $6.98 billion, despite the 50% tariff that Washington levies on imports from India since August. This is faster than the 19.38% growth in India’s total outbound shipments in November and 2.62% in April-November.

India’s exports to China surged by 32.83% year-on-year, reaching USD 12.22 billion in April-November 2025. Petroleum products led this growth, followed by electronic goods, marine products, and oil meals. This rise signifies strengthening trade momentum and increased demand for key commodities.

Indian exports saw a significant jump in November, exceeding expectations and defying U.S. tariffs. This strong performance provides India with greater leverage in ongoing trade discussions with Washington. The robust export figures ease pressure on New Delhi to agree to a quick deal. Analysts suggest this resilience reduces the urgency for India to make concessions. […]

India has requested consultations with the EU under the WTO’s safeguard agreement concerning new import measures on certain ferroalloys. The EU’s decision, effective immediately, introduces country-specific tariff-rate quotas, limiting duty-free imports and increasing tariffs for volumes exceeding these quotas.