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Sectors expected to benefit from India-UK FTA include labour-intensive industries such as textiles, marine products, toys, gems and jewellery, engineering goods, automotive components, and organic chemicals, etc, according to All India Association of Industries (AIAI).Read more
Automobile imports from the UK, which currently attract over 100% duty, will see tariffs reduced to 10% under a quota-based system.Read more
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
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
Like Australia, India has signed a trade pact with the four-nation European Free Trade Association (EFTA) and Norway is a key member of that grouping.Read more
Exports to Asean countries grew from $37.47 billion in FY19 to $41.21 billion in FY24, marking a 9.96 per cent increase. Read more
In this interview with Rakesh Rao, Arun Kumar Garodia, Chairman, EEPC India, analyses the performance of India’s engineering goods exports and factors driving the global demand for Indian engineering goods.Read more
The preference for FTAs arises from the challenge of implementing a uniform duty cut for all companies, making bilateral agreements more viable.Read more
The EU has requested duty concessions from India on these goods, citing violations of global trade norms. However, India asserts that such concessions can only be discussed within the context of the free trade agreement (FTA).Read more
The British government is determined to gain access to India’s mid-priced EV market, particularly in the $40,000-$60,000 (Rs 33.30-49.9 lakh) range.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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