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BYD shifts to import-only strategy in India amid FDI challenges

BYD currently imports three models from China and believes this strategy will sustain its operations in the near term.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

Rising costs and weak demand may force steel companies to cut output

In July alone, steel exports dropped by 14% to 0.30 million tonnes, while imports surged by 18% to 0.75 million tonnes.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

Chinese imports of umbrellas and musical instruments are hurting MSMEs; GTRI

The report details that China supplies 95.8% of India’s umbrellas and sun umbrellas, 91.9% of artificial flowers and human hair products, 59.7% of glassware, 54.3% of leather goods, and 52.5% of toys. Read more

Indian tyre exports surge 17% in Q1 FY25; reach Rs 62.19 billion

In terms of export volumes, Passenger Car Radial (PCR) tyres led the category, followed by Motorcycle and Farm/Agri tyres in Q1 FY25. Read more

DGTR recommends anti-dumping duty on Chinese aluminium foil

The investigation focused on the import of aluminium foil up to 80 microns in thickness, excluding foil below 5.5 microns intended for non-capacitor applications.Read more

India seeks expanded tariff cuts, stricter rules of origin in ASEAN FTA review

On the ASEAN side, there are expected demands for more concessions on items where India has not yet offered duty cuts or tariff eliminations.Read more

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