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India-UK FTA aligns with the country’s vision to achieve $ 2 trn exports: AIAI

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

India–UK FTA: Major tariff cuts announced in historic trade pact

Automobile imports from the UK, which currently attract over 100% duty, will see tariffs reduced to 10% under a quota-based system.Read more

Survey: Export orders drive manufacturing activity to 10-month high

The HSBC India Manufacturing Purchasing Managers' Index (PMI) edged up slightly from 58.1 in March to 58.2 in April, marking the sharpest improvement in the sector’s health in ten months. Read more

Will the US tariff war add to MSMEs’ funding woes?

While Micro, Small and Medium Enterprises (MSMEs) continue to face barriers in accessing funds (due to high collateral norms, lack of credit history, slow approvals, etc), the new tariff war could add to their financial woes, says Rakesh Rao.Read more

Tariff impact may cost Indian auto exporters Rs 27-45 billion: ICRA

The Indian auto component industry demand continues to benefit from a diversified mix of end-user segments and geographies, with over 70% of its revenues coming from domestic sales. Read more

Tamil Nadu tops India in electronics exports with $14.65 billion in FY25

This marks a significant jump from $9.56 billion in FY24, reflecting the state’s growing dominance in a sector vital to India’s manufacturing ambitions. Read more

Toshiba and Telangana sign MoU to push investment in T&D manufacturing

The MoU reaffirms Toshiba’s long-term commitment to India and strengthens its alignment with the ‘Make in India’ and ‘Export from India’ initiatives through a significant investment to expand TTDI’s manufacturing footprint in Hyderabad. This includes scaling up assembly and testing capacities for both distribution and power transformers, with a focus on meeting growing demand in India and boosting export capabilities. Read more

India’s auto exports hit record 5.36 million units in FY25

Passenger vehicle exports grew 15% to 7,70,364 units, with Maruti Suzuki and Hyundai Motor India leading the segment. Read more

China slowdown opens $25 billion tools export opportunity for India: Niti Aayog

India currently exports around $600 million in hand tools and $425 million in power tools, a fraction of the global market which was valued at $100 billion in 2022 and is projected to reach $190 billion by 2035. Read more

US imposes 26% reciprocal tariff on Indian Exports; CareEdge

While the 26% may seem restrictive, it is lower than tariffs imposed on the competitors—Vietnam (46%), Bangladesh (37%), China (34%), Taiwan and Indonesia (32%), and Pakistan (29%)—giving India a relative edge in key sectors.Read more

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