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Rising costs and weak demand may force steel companies to cut output
In July alone, steel exports dropped by 14% to 0.30 million tonnes, while imports surged by 18% to 0.75 million tonnes.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
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
DGTR recommends anti-dumping duty on Chinese aluminium foil
The investigation focused on the import of aluminium foil up to 80 microns in thickness, excluding foil below 5.5 microns intended for non-capacitor applications.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
Indian toy industry exports reach $523.24 million; surpass imports
The next objective for Indian toy manufacturers is to reach international consumers more effectively through online platforms, according to government plans.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
Rangarajan alerts against inefficient ‘Import substitution’ in Atmanirbhar boost
India aims for an average annual real growth rate of 6-7% to achieve a per capita income exceeding $13,000 by 2024. Read more