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.
Exporters urged to build brands as a way around Trump tariffs
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.
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 […]
Exporters fear cancellation of US orders, seek aid after Trump slaps 25% tariff on India
3 months ago
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 […]
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.
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 […]
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.
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 […]
India reportedly halting Russian oil would be ‘a good step’, says Trump, as New Delhi defends energy security
3 months ago
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 […]
Sugar export quota of 5,841 tonne for EU
3 months ago
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.

