India FTA boosts business confidence in volatile world, UK Parliament told

The India-UK Free Trade Agreement, signed by Prime Ministers Modi and Starmer, aims to slash trade tariffs significantly, boosting business confidence. UK Business and Trade Secretary Jonathan Reynolds stated the deal will reduce Indian tariffs on UK products from 15% to 3%, potentially increasing bilateral trade by £25.5 billion.

Lucknow’s export businesses are struggling. The US imposed a 50% tariff on Indian goods. This affects apparel, leather, and saree industries. Noida, Kanpur, and Varanasi face job losses and order cancellations. Exporters seek government support. They plan to meet with Union Commerce Minister Piyush Goyal. Varanasi traders protested. Other districts also raised concerns. The UP […]

Facing rising US tariffs, Indian exporters of rice, gems, jewellery, and tractors had already begun diversifying into markets like the UAE, Bangladesh, and Italy. The Indian government is implementing a phased export diversification plan, targeting existing markets such as the EU and UK in the short term. Longer-term strategies involve exploring new opportunities in Latin […]

The GJEPC is appealing to the Centre for immediate relief as the US tariffs of 50% on Indian goods are impacting the gems and jewellery industry. Exporters had anticipated tariff action, but the unexpected duty has left the industry reeling, especially in Surat.

A new report suggests that losses from US tariffs on Indian textiles could be offset by increased exports to the UK, thanks to the recent India-UK FTA. Ongoing EU trade negotiations may further boost India’s textile trade. While textile exports are expected to decline, government support and growth in yarn and fabric exports could mitigate […]

India’s specialty fertiliser sector anticipates new supply issues. China plans to reinstate export restrictions starting in October. This could lead to price increases for farmers. Rajiv Chakraborty of the Soluble Fertilizer Industry Association shared this. Companies are trying to secure supplies before the restrictions begin. Indigenous supplies might help later. India heavily relies on Chinese […]

India is aggressively pursuing rice export opportunities in the Philippines, the world’s largest rice importer, aiming to significantly increase its market share. A delegation of Indian exporters will visit the Philippines in September to explore potential for rice, vegetables, groundnut, and meat exports. The Philippines’ food importers will also attend trade events in India to […]

In response to the US imposing 50% tariffs on Indian goods, the government is formulating short, medium, and long-term strategies to support exporters. These plans include easing SEZ norms, providing liquidity relief, and building resilient supply chains. The aim is to safeguard exporters, maintain employment, and enhance India’s global competitiveness through structural reforms and market […]

Indian engineering exports in July 2025 totaled US$10.43 billion, up from US$9.16 billion in July 2024, representing a 13.81% year-over-year growth.

India-China bilateral trade is growing, but a significant trade deficit favoring China persists, raising concerns about economic dependence. India’s exports to China are declining, while reliance on Chinese imports across various sectors deepens. The government is implementing measures like production-linked incentives and stricter quality controls to reduce import dependence and protect domestic industries.