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High freight costs and container dependence knock India's exports; GTRI

Freight rates for Indian exporters to Europe and the US have more than doubled over the past year, partly due to disruptions in the Red Sea.Read more

India pushes for strict rules of origin in UK trade pact for auto sector

The Rules of Origin dictate the minimum processing required in the FTA country—in this case, the UK—for a product to be considered as originating from that country.Read more

New safety regulations for machinery to impact MSMEs; GTRI

The regulations will impact around 90% of the estimated 150,000 manufacturers, affecting over 50,000 types of machinery, including critical industrial equipment such as pumps, compressors, cranes, and transformers.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

India's global FDI share drops to 2.1% in 2023

Nearly 49.5% of FDI during October 2019–March 2024 went to Maharashtra and Gujarat, 30.3% to the Karnataka-Tamil Nadu-Andhra-Telangana region, and the remaining 17.8% to Delhi and Haryana.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

India to establish 50 e-commerce export hubs over five years

In the current financial year, the plan includes the construction of 10 such hubs to accelerate the growth of merchandise exports via online platformsRead more

German industrial orders fall sixth consecutive month amid weak foreign trade

The most affected sectors were mechanical engineering and the automotive industry, with orders down 0.9% and 0.7%, respectively, from May. 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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