Panipat [India], March 28: The 2nd International Home Textile Summit (IHTS 2025), organized by the Home Textile Exporters' Welfare Association (HEWA), has successfully positioned Panipat as a leading hub for global discussions on home textiles. Hosted at Hotel Days Inn, Panipat, this landmar
India's direct export loss due to tariffs imposed by US President Donald Trump is expected to remain limited at only 0.1 per cent of the country's GDP, according to a report by CareEdge Ratings.
New Delhi [India], March 28: Everyone likes to travel and in the last few years, the trend of travelling by bike has increased a lot among the youth. Every year, millions of tourists from not only India but also from abroad come to India just for Travel and sightseeing and they prefer to tra
Speaking exclusively to ANI, Ajai Sahai, Director General and CEO of FIEO, said car exports to the US are insignificant, so it won't have much impact on Indian automakers.
The recent decision by U.S. President Donald Trump to impose a 25 per cent tariff on fully built vehicles (CBUs) and auto parts is expected to have little impact on India's automobile industry, according to a statement by the Global Trade Research Initiative (GTRI).
The Foreign Trade Policy, effective from April 1, 2023, aims to integrate India more effectively into the global market, enhance trade competitiveness, and establish the country as a reliable trade partner.
The Government has taken various proactive measures aimed at enhancing domestic capacities, boosting exports, diversifying supply chains, exploring alternate sources of imports and fostering economic resilience, the Minister of State for the Ministry of Commerce & Industry, Jitin Prasada
"And because India does apply tariff lines to a number of American exports to India, if you strictly understand what reciprocal means, it would mean that our exports to America will also be affected. So I'm hoping that in the talks they'll find some sensible outcome" he said
The auto component industry in the country is facing export challenges due to the ongoing overhang of tariffs by the USA. In addition, currency depreciation has led to demand weakness in a few Middle Eastern countries and a major slowdown in the European region, says a report by DAM Capital
India's economy is expected to show resilience despite trade tensions arising from US President Donald Trump's tariff threats, according to a report by S&P Global.
India is set to become a major driver of global trade growth over the next five years, ranking third in terms of absolute trade expansion, according to the DHL Trade Atlas 2025 report.