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There will be investments from both sides and an expansion of trade, for which negotiations are actively underway for an India-EU Free Trade Agreement.Read more
India currently exports around $600 million in hand tools and $425 million in power tools, a fraction of the global market which was valued at $100 billion in 2022 and is projected to reach $190 billion by 2035. Read more
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
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’s real Gross Domestic Product (GDP) grew 6.2 per cent in the October to December 2024 period, the third quarter of the fiscal year, picking up pace from 5.6 per cent growth in the previous quarter, according to the National Statistics Office (NSO). Read more
In this interview with Rakesh Rao, Rajesh Nath, MD, VDMA India, sheds light on the dynamics of India-Germany trade relationship. Read more
The last few years have been very volatile for global supply chains, with ongoing geopolitical developments presenting multiple challenges. Read more
According to GTRI, currently, 85% of tariff revenue is generated from just 10% of tariff lines or product categories, while 60% of tariff lines account for less than 3% of total revenue. Read more
As part of the National Recovery and Resilience Plan (NRRP) focused on revitalising the economy after the pandemic crisis, € 3.64 billion were made available in Italy to bolster the supply chain. Read more
The Directorate General of Trade Remedies (DGTR) began an investigation last month into imports of ‘Non-Alloy and Alloy Steel Flat Products,’ which are used in various industries such as construction, automotive, and electrical panels. Read more
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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