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India's new machinery safety rules to affect over 150,000 manufacturers
The MSME sector, which contributes about 30% of India's GDP and over 45% of exports, is voicing concerns and seeking an extension of the deadline.Read more
India to become landfill for Chinese products amid US Beijing tariff war; GTRI
These tariffs include a 100% duty on electric vehicles, a 50% duty on semiconductors, and a 25% duty each on electric vehicle batteries originating from China.Read more
India's toy exports slip to $152.34 mn in FY23-24; GTRI report
Implemented from January 2021, the QCO mandates that all toys sold in India, whether domestically produced or imported, must comply with specific Indian Standards for safety.Read more
India's 2023 exports decline 5.3%, electronics shines amid challenges
According to the Global Trade Research Initiative (GTRI), India's merchandise exports are projected to decrease to $429 billion in 2023 from $453 billion in 2022, representing a 5.3% fall.Read more
Indian industries concern over EU Carbon tax data demands
This issue was raised during a meeting convened by the Ministry of Commerce on September 6, where government representatives discussed the challenges associated with the European Union's implementation of a carbon tax.Read more