According to Escorts Kubota Limited, the company's Agri Machinery Business showed strong export growth, even as domestic sales remained steady. Domestic tractor sales stood at 10,997 units in June 2025, slightly lower than 11,011 units in the same month last year.
Finance Minister Nirmala Sitharaman on Monday lauded the resilience of Indian exporters, highlighting that the country's export growth of 6.3 percent has significantly outpaced the global average of 4 percent despite an increasingly complex geopolitical landscape.
India's trade performance in May 2025 has shown strength and stability, even in the face of uncertain global conditions, according to views shared by industry experts and economists.
While the US remained the top destination for Indian engineering exports in 2024-25, significant export growth was also noted in the UAE, Singapore, Nepal, Japan, and France, according to the Engineering Exports Promotion Council, which issued a statement on Sunday.
The Ministry of Electronics and Information Technology (MeitY), on April 8, notified the Electronics Components Manufacturing Scheme, marking a significant step towards strengthening India's position as a global hub for electronics manufacturing.
The imposition of reciprocal tariffs by the US President Donald Trump is set to slow down global trade significantly, according to a report by HSBC Research.
India's export growth has been hampered over the past decade due to a combination of high import tariffs and low foreign direct investment (FDI) in mid-tech manufacturing sectors, according to a report by HSBC.
Despite the slowdown, the HSBC Services PMI data suggests that India's services sector remains resilient, with solid job creation, strong export growth, and steady business confidence. However, inflationary pressures and rising competition could act as headwinds in the coming months.
Mumbai (Maharashtra) [India], February 4: Mitsu Chem Plast Limited (Mitsu) (BSE: 540078), a global leading player in polymer-based moulded products, particularly in hospital furniture parts, has proudly announced achieving a remarkable 110% growth in export value during the 2024-25 fiscal pe
The two-wheeler segment faced headwinds in the domestic market, where sales fell by 19 per cent to 1,28,335 units from 1,58,370 units in December 2023.
ndia has bilateral trade agreements, including Trade in Services, with Singapore, South Korea, Japan, Malaysia, Mauritius, UAE, Australia and an FTA in services and investment with the Association of South East Asian Nations
Notably, the growth in exports to the USA was higher than aggregate exports until FY00. However, the global financial crisis in 2008 slowed down growth until FY10.