Chinese export hubs like Shanghai and Guangdong are experiencing early disruptions as the US-China tariff war escalates. With shipping halted and factories at a standstill, tensions have intensified following sharp reciprocal tariff hikes announced by both governments this week.
Senior research fellow Shruti Rajagopalan welcomed America's decision to pause the trade tariffs for a window of 90 days and expressed her views on the global trade order. She also spoke about the steps Indian policymakers can adopt to make exports more competitive. Rajagopalan made the r
Green also noted the significant progress of the Quad grouping, which he said has transformed from "informal meetings to formal summits." With growing commitment among its members, the Quad is now a "key strategic framework," he added. The Quad is a grouping of Australia, India, Japan, and
India's top policy think tank body NITI Aayog has envisions the country's automotive component production growing to USD 145 billion, with exports tripling from USD 20 billion to USD 60 billion.
With a new components policy in place, the country is aiming to increase value addition from the current 15-16 per cent to 40-50 per cent. Mobile phone exports have grown 77 times in the last 10 years.
Indian export leaders are optimistic that the ongoing US-China trade tensions could create significant opportunities for India in both trade and foreign investment, according to statements from key industry figures.
Addressing the weekly press briefing, MEA spokesperson Randhir Jaiswal said, "The Transshipment facility extended to Bangladesh had over a period of time resulted in significant congestion at our airports and ports. Logistical delays and higher costs were hindering our own exports and creat
Union Minister Ashwini Vaishnaw addressing a press conference in the national capital on Sunday said that electronic exports have increased more than six times in the last ten years.
India's smartphone exports have reached a historic milestone, crossing Rs 2 lakh crore in the previous fiscal year 2024-25, announced Ashwini Vaishnaw, Minister of Electronics and Information Technology, during a press conference here on Tuesday.
Kochi (Kerala) [India], April 8: The US Government announced reciprocal tariffs on all goods being imported to the US, which will have major impact on global trade, disrupting the established supply chain. The tariff proposed for India is 26% on all products exported to the US, including sea
"We are the first country to take such a pro-active initiative," he said in his letter, citing the visit of High Representative Dr Khalilur Rahman to Washington DC in February.
Non-oil exports soared 16 per cent in 2024, reaching AED107.8 billion compared to AED93 billion in 2023. Re-exports grew by 11 per cent to exceed AED58 billion, compared to AED52.4 billion in 2023, while imports grew by 3 per cent to AED140.2 billion, up from AED136.4 billion in 2023.