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India to become landfill for Chinese products amid US Beijing tariff war; GTRI
These tariffs include a 100% duty on electric vehicles, a 50% duty on semiconductors, and a 25% duty each on electric vehicle batteries originating from China.Read more
India's imports from ASEAN FTA partners; $187.92 billion in FY24
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
GTRI urges govt to maintain import duties on smartphone components
The think tank suggested that maintaining the current import tariffs, ranging from 7.5 to 10% on imported smartphone parts, is essential for balancing industry growth and ensuring long-term development.Read more
India's medical device imports surge by 21%, sparks calls for policy re-evaluation
The top five HS codes, constituting almost 80% of total imports, witnessed a 26% increase, notably in consumables and equipment (HS code 9018), which saw a 14% rise to approximately Rs 18,700 crore, forming 32% of the import basket.Read more
Indian Footwear Industry eyes $90 bn market by 2030 with strategic measures: Report
The current valuation of the Indian footwear market stands at $26 billion, and the GTRI anticipates it reaching $90 billion by 2030.Read more
India's 2023 exports decline 5.3%, electronics shines amid challenges
According to the Global Trade Research Initiative (GTRI), India's merchandise exports are projected to decrease to $429 billion in 2023 from $453 billion in 2022, representing a 5.3% fall.Read more
Indian industries concern over EU Carbon tax data demands
This issue was raised during a meeting convened by the Ministry of Commerce on September 6, where government representatives discussed the challenges associated with the European Union's implementation of a carbon tax.Read more
