Search For "engineering goods"
US tariff relief opens USD 50 Billion export opportunity for India: CII Pr
Updated : 1 month, 1 week ago IST
Memani noted that the United States, the world's largest economy, is also India's largest trading partner, with total Indian exports to the US estimated at around USD 80-90 billion annually. Of this, nearly 50-60 per cent, roughly USD 50 billion, comes from labour-intensive sectors such as g
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India-EU FTA will provide India's labour-intensive products easy access to
Updated : 1 month, 2 weeks ago IST
Prime Minister Narendra Modi has said that the India-EU Free Trade Agreement finalized on Tuesday will provide easy access to the European Union market for India's labour-intensive products, including textiles, gems and jewellery, auto parts, and engineering goods.
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FTA opens EU markets for exports worth Rs 6.4 lakh crore from various stat
Updated : 1 month, 2 weeks ago IST
States across India are set to benefit from the landmark India-European Union Free Trade Agreement (FTA), with exports estimated at Rs 6.4 lakh crore expected to gain access to 27 EU markets under a single trade framework.
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Amid rising tariff headwinds, India's growth outlook remains steady as dom
Updated : 2 months ago IST
"With the proposed tariff of around 500%, doing business with the US is out of the question right now. It will very badly affect exporters in textiles, engineering goods, pharmaceuticals, toys, and gems and jewellery," Mehta told ANI in an exclusive interview in the national capital. He d
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India's engineering goods exports record strong rebound in November at USD
Updated : 2 months, 2 weeks ago IST
According to EEPC data, October 2025 recorded the lowest engineering exports at USD 9.37 billion, while November 2025 saw the highest at USD 11.01 billion. In November this year, engineering exports grew 23.76% from November 2024, when shipments were recorded at USD 8.90 billion.
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India-New Zealand FTA to boost exports across textiles, pharma, engineerin
Updated : 2 months, 3 weeks ago IST
The India-New Zealand Free Trade Agreement (FTA) is expected to deliver a significant boost to India's exports, with New Zealand offering zero-duty market access on 100 per cent of its tariff lines covering all Indian exports from the date of entry into force.
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India-Russia Business forum a major platform for economic growth: Roscongr
Updated : 3 months, 1 week ago IST
The Russia-India Business Forum 2025, led by the Roscongress Foundation and held alongside President Vladimir Putin's state visit, concluded with a unified commitment to expand trade, investment, and sectoral collaboration across both countries.
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Sharp decline in shipments to US, ASEAN drag down engineering exports in O
Updated : 3 months, 2 weeks ago IST
Primarily driven by a sharp fall in shipments to the US and a high base effect, India's engineering goods exports declined a whopping 16.71 per cent year-on-year in October 2025 to USD 9.37 billion, the Engineering Export Promotion Council of India said on Saturday.
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Export Promotion Mission welcomed but faces major operational hurdles: GTR
Updated : 4 months ago IST
The Global Trade Research Initiative (GTRI) has said that while the Union Cabinet's approval of the Rs25,060-crore Export Promotion Mission (EPM) is a step forward, the initiative still faces significant implementation hurdles and funding constraints.
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DRI foils smuggling of Chinese firecrackers worth Rs 5.01 crore in 'Operat
Updated : 4 months, 3 weeks ago IST
According to an official release from the Ministry of Finance, these containers were found to contain 83,520 pieces of Chinese firecrackers, mis-declared as engineering goods. The contraband, valued at Rs 5.01 crore, was seized along with cover cargo of silicon sealant guns.
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Indian engineering exports face headwinds in May 2025 amid geopolitical te
Updated : 8 months, 3 weeks ago IST
India's engineering goods exports experienced a marginal 0.82 per cent year-on-year dip in May 2025, to USD 9.89 billion, weighed down by escalating geopolitical tensions in the Middle East and West Asia, and a high statistical base from the previous year, according to a recent report by EEP
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Trump's 50% tariff on Steel & Aluminium could hurt India's engineering
Updated : 9 months, 2 weeks ago IST
ndia's engineering exports are likely to face headwinds on the imposition of a 50 per cent tariff on all foreign steel and aluminium by US President Donald Trump, Engineering Export Promotion Council of India (EEPC) said in a release on Monday. President Trump announced a 50 per cent duty on
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