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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
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
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
China dominates electronic components supply for 'Made in India' products
In 2023-24, India's total electronic components imports reached $34.4 billion, making them the fifth largest import category.Read more