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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

India to introduce import limits on laptops, tablets, PCs in 2025

Currently, India permits unrestricted imports of these products, but the proposed limits could reshape the $10 billion IT hardware market, which is highly import-reliant. Read more

India levies anti-dumping duty on chemical imports from China, Korea & Thailand

The decision follows a recommendation by the Directorate General of Trade Remedies (DGTR) under the Commerce Ministry, which found that Epichlorohydrin was being sold in India below standard prices from these countries.Read more

Protectionist measures on steel imports will hurt MSMEs: EEPC

This warning comes as large Indian steel manufacturers have urged the government to double tariffs on steel imports to 15% in a bid to shield domestic steel production from increasing imports, particularly from China.Read more

India’s solar equipment imports may reach $30 billion by 2030

Currently, around 90% of India’s solar manufacturing is limited to assembling modules from imported cells, with only 15% local value addition.Read more

Alang-Gujarat’s ship recycling industry eyes 10% CAGR by CY28

As newer, more efficient vessels are introduced, older ships become increasingly unviable for operation.Read more

India's finished steel imports from China reach 7-year high

Additionally, imports of finished steel from Russia also hit a six-year high during the same period, with Russian exports exceeding 54,000 tons—more than double the amount from the previous year.Read more

Indian steel firms slash prices amid rising imports to protect market share

The recent capacity expansions by major players like JSW Steel, Tata Steel, and Jindal Steel and Power Ltd (JSPL) have come online amid a slowdown in demand, leading to an oversupply in the market.Read more

Switzerland green lights historic India-EFTA trade agreement

Signed in March, this comprehensive agreement is designed to enhance trade in pharmaceuticals, manufacturing, and emerging technologies, with a projected investment of $100 billion in India over the next 15 years.Read more

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