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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

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

India targets key sectors to reduce import dependence under IPEF

The sectors under scrutiny include chemicals, automobiles, pharmaceuticals, advanced technology, electronics, and critical minerals, all deemed vital for national security and economic resilience.Read more

No PLI proposals for shipping container manufacturing; GOI

The PLI scheme, which was introduced in 2021, supports 14 sectors, including telecommunications, textiles, medical devices, automobiles, and more, with a total budget of Rs 1.97 trillion.Read more

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