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Vietnamese steel, shoes & other imports get stuck in India’s quality check
India's increasing focus on the quality of imports also works as a non-tariff barrier to restrict the inflow of cheap and substandard quality products.Read more
India's imports from ASEAN FTA partners; $187.92 billion in FY24
Exports to Asean countries grew from $37.47 billion in FY19 to $41.21 billion in FY24, marking a 9.96 per cent increase. Read more
India-Asean trade agreement review in July
The ministry disclosed that eight sub-committees have been formed to address various policy aspects of the agreement, with five already engaged in discussions.Read more
India eyes duty concessions on EVs through bilateral FTAs, ruling out Across-the-Board cuts
The preference for FTAs arises from the challenge of implementing a uniform duty cut for all companies, making bilateral agreements more viable.Read more
India-Oman free trade agreement set to boost exports, fuelling economic growth
The report, titled "India-OMAN CEPA: Gateway to Middle Eastern Markets and Beyond," by the Global Trade Reproach Initiative (GTRI), outlines the potential impact of the agreement.Read more
India explores free trade agreements to boost MSMEs' global procurement access
Many countries prioritise MSMEs in their public procurement, and India also supports its MSMEs by offering special purchase preferences.Read more
Indian Solar exports skyrocket, fuelled by US market success
Between April and July 2023, India's solar cell and module exports surged to $628.38 million, marking a staggering 1,062% increase from the $54.04 million recorded in the same period of 2022.Read more
Niti Aayog CEO says Indian companies must become globally competitive
Amitabh Kant, CEO, Niti Aayog urged Indian companies to become globally competitive instead of promoting protectionism and complaining about imports via Free Trade Agreements (FTAs).Read more