Govt permits exports of up to 25,000 tn of pharma grade sugar per fiscal under restricted category

The government has authorized the export of up to 25,000 tonnes of pharma-grade sugar annually, under strict regulations, exclusively for legitimate pharmaceutical exporters. Furthermore, the Directorate General of Foreign Trade (DGFT) has enhanced the Trade Connect ePlatform by introducing the ‘Source from India’ feature, facilitating connections between international buyers and verified Indian exporters.

India has declared cotton a sensitive domestic matter, advocating for the resolution of longstanding imbalances in the cotton industry between developed and developing nations within the WTO framework. India emphasized the vulnerabilities of its cotton farmers, who cultivate the crop in arid regions, and stressed the need to address asymmetries in support entitlements at the […]

India’s gems and jewellery sector faces a downturn in May 2025. Exports and imports witness a decline. This is due to global economic uncertainties and geopolitical issues. Cut and polished diamonds and lab-grown diamonds also see a drop. Gold jewellery exports buck the trend with positive growth. Industry experts hope for improved sentiments following US-China […]

An official highlighted India’s remarkable export growth from 2010 to 2023, citing an UNCTAD report. India’s export share grew by 6.3%, surpassing major economies like the EU, China, and the US. This growth reflects effective trade policies, strong manufacturing and service sectors, and successful export promotion initiatives, boosting India’s global supply chain integration.

India is preparing for significant rulebook shifts across ministries to align with the EU’s stricter ‘green’ regulations impacting trade. These regulations, set to take effect within a year, cover packaging, antibiotic use in livestock, deforestation-free products, and waste shipment. The changes necessitate comprehensive overhauls in various sectors to ensure continued trade with the EU.

India seeks assurance from the US in the finalized bilateral trade agreement (BTA) to prevent additional tariffs by the Trump administration. India requests stability in tariffs, concessions for labor-intensive sectors, and a mechanism to address potential tariff increases. Both countries aim to finalize the BTA before the deadline, with India emphasizing the need for sustained […]

India’s exports to the US witnessed a significant surge of 16.93% in May, reaching USD 8.83 billion, while imports experienced a dip of 5.76%. Exports to China also saw a substantial increase of 25% in May. Despite US tariffs on steel and aluminum, India anticipates minimal impact unless exemptions favor other nations, potentially affecting Indian […]

India’s goods exports experienced a slight dip of 2.17% in May, totaling $38.73 billion, while the trade deficit narrowed to $21.88 billion. Despite global uncertainties, exports to the US surged by 16.9%, driven by sectors like electronics and pharmaceuticals.

Indian exporters are increasingly leveraging free trade agreements, as evidenced by a rise in preferential certificates of origin issued. The number climbed to 7,20,996 in 2024-25, up from 6,84,724 in the previous fiscal year. This indicates greater utilization of trade pacts, boosting competitiveness through duty concessions, with continued growth observed in the initial months of […]

Amidst the escalating Israel-Iran conflict, a think tank urges the Indian government to urgently assess energy risks and diversify crude oil sources. The tensions threaten India’s trade routes and commercial interests, particularly through the Strait of Hormuz and the Red Sea. Disruptions could inflate oil prices, increase shipping costs, and impact Indian exports.