The Indian Jute Mills Association has asked the government to stop private raw jute trading after March 31. This move aims to control rising prices and ensure fibre availability for mills. The association claims many mills have shut down, leaving thousands jobless. The proposal seeks to stabilize prices and secure jute bag supply for upcoming […]
Indian Jute Mills Association seeks ban on private raw jute trading
India is gearing up to unveil an innovative strategy for Chabahar Port, paving the way for strengthening its stake following the anticipated end of US sanctions in April. Collaborating with a regional Iranian firm, India Ports Global Limited aims to regain operational control over this crucial port.
India’s Commerce Minister Piyush Goyal hailed the proposed Free Trade Agreement with the European Union as the “mother of all deals,” anticipating a mutually beneficial pact that will boost exports. He assured that national interests would not be compromised, with sensitive issues like the Carbon Border Adjustment Mechanism and dairy to be addressed satisfactorily.
India’s textile and apparel exports grew for the second month in December. This growth shows the sector’s adaptability and strength in value-added products. Handicrafts, ready-made garments, and MMF yarn led the expansion. Exports remained stable for the full year. India’s market presence broadened significantly across many countries, highlighting its position as a reliable global sourcing […]
India’s gem and jewellery exports saw a dip in December 2025. Geopolitical issues impacted demand in key markets. However, overall exports remained stable. Jewellery exports, especially gold and silver, showed strong growth. This balanced out a slowdown in cut and polished diamonds. Free Trade Agreements are boosting exports to countries like the UAE and Australia.
Government reforms now treat postal e-commerce exports like regular cargo, enabling speedier clearances and access to key export incentives. These changes, effective January 15, address a procedural bottleneck, benefiting small sellers and e-commerce firms by streamlining processes and improving cash flow for digital-first exporters.
India Export Data: India’s trade deficit grew in December as exports slowed. Despite challenges, overall outbound shipments saw modest growth. Diversification strategies are deepening trade ties with West Asia, Europe, and other regions. Services exports also saw a contraction. Government initiatives are supporting exporters, with positive growth expected in goods and services trade for the […]
Indian textile and apparel exports saw a slight dip in the first nine months of FY26. Textile shipments declined, while apparel exports showed growth. Restrictions in Bangladesh and market uncertainties in the US impacted yarn and fabric sales. Some exporters offered discounts to maintain sales volumes. Companies heavily reliant on the US for home textiles […]
In the last week of December, commerce and industry minister Piyush Goyal had a virtual meeting with US trade representative Jamieson Greer.
India’s exports to China saw a significant jump of 67.35 percent in December. This growth was fueled by increased shipments of electronics and marine products. Imports from China also experienced a rise. For the fiscal year to date, exports have surged, and imports have also climbed. The trade deficit remains substantial. This positive export trend […]