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India-UK FTA aligns with the country’s vision to achieve $ 2 trn exports: AIAI

Sectors expected to benefit from India-UK FTA include labour-intensive industries such as textiles, marine products, toys, gems and jewellery, engineering goods, automotive components, and organic chemicals, etc, according to All India Association of Industries (AIAI).Read more

India–UK FTA: Major tariff cuts announced in historic trade pact

Automobile imports from the UK, which currently attract over 100% duty, will see tariffs reduced to 10% under a quota-based system.Read more

Proposed safeguard duty on steel imports concern for Indian CE sector: ICEMA

The imposition of additional duties would exacerbate these challenges and could have a cascading impact on infrastructure development, which is crucial to India’s economic momentum. Furthermore, it risks undermining the CE industry’s export potential at a time when global markets are exploring ‘China plus One’ strategies to diversify their supply chains. Read more

US imposes 26% reciprocal tariff on Indian Exports; CareEdge

While the 26% may seem restrictive, it is lower than tariffs imposed on the competitors—Vietnam (46%), Bangladesh (37%), China (34%), Taiwan and Indonesia (32%), and Pakistan (29%)—giving India a relative edge in key sectors.Read more

US auto tariffs to limit impact on Indian industry: Crisil

While the direct financial impact is small, Indian auto component manufacturers may face a decline in competitiveness due to increased costs for US buyers. Read more

India imports nearly 50% of its machine tool requirements: Sameer Kelkar

Grind Master’s business is strongly export-driven, with over 50% of its revenue coming from it. Read more

China+1 strategy: India's mixed gains

India’s strategic response to these challenges could determine the extent of its long-term gains from the evolving global supply chain realignments.Read more

Bureau of Indian Standards: A key compliance in the Indian market

As global trade evolves, imports have become essential in meeting the complex needs of diverse markets. Read more

Port delays and regulations strain India’s steel user industries: GTRI

Policies designed to protect domestic steelmakers, such as import restrictions and quality control measures, have inadvertently hurt industries dependent on imported steel, undermining their production and export capacities.Read more

Lithium-ion battery storage: India’s import dependency to fall to 20% by FY27

The GoI has taken initiatives on several demand-side measures, such as Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, Viability Gap Funding (VGF) scheme for Battery Energy Storage System (BESS), helping to bring down cost of EV and BESS, thereby stimulating demand. Read more

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