Imports from India witnessed a sharper contraction, falling 31.4% year-on-year in November 2025 compared with November 2024, marking one of the steepest monthly declines among major suppliers, it said. This significant decline is indicative of the challenges faced by India's textile and appa
While speaking with ANI, Sachdev said, "India exports around USD 130 billion of goods and services to the EU. After this free trade agreement, our exports will jump from USD 130 billion to around USD 200 billion. European exports to India, which are around $80 billion now, will jump to aroun
EU Commissioner for Trade and Economic Security, as well as Inter-Institutional Relations and Transparency, Maros Sefcovic met Union Minister of Commerce and Industry Piyush Goyal on Sunday after arriving in India.
He expressed gratitude following the meeting and spoke with certainty about
The European Union Generalised System of preferences (GSP) regulation impacts only 2.66% of India's exports to the European Union, underscoring the limited trade effect of EU's GSP Regulations 2025, effective from January 1 this year, according to an official from the Commerce Ministry.
From January 1, 2026, India faces a major setback in the EU market, as 87 per cent of its exports begin paying higher import tariffs following the EU's suspension of Generalised Scheme of Preferences (GSP) benefits. These GSP concessions previously allowed Indian products to ship at less
India is on track to cross USD 850 billion in total exports for the current financial year (FY 2025-26), driven by steady performance in both merchandise and services despite a challenging global economic climate.
India's overall exports in December 2025 stood at USD 74.01 billion, marginally lower than USD 74.77 billion in December 2024, while imports rose sharply to USD 80.94 billion from USD 76.23 billion a year ago, according to official data released by the Ministry of Commerce and Industry on Th
India's export market in recent months has shown a clear post-tariff rebalancing, with the country reducing its dependence on the United States and expanding its presence across other geographies, highlighted a report by Elara Securities.
With US President Donald Trump "greenlighting" a bill that would impose 500 per cent tariffs on countries for buying Russian oil, GTRI said in a report on Thursday that any such tariff would effectively shut down India's goods and services exports to the United States, now exceeding USD 120
India is working on creating an index to evaluate exporters performance based on their Importer Exporter Codes (IECs), tracking performance over a five-year period, Director General of Foreign Trade (DGFT) Ajay Bhadoo said on Wednesday, as the government sharpens its focus on data-driven exp
Despite tariffs remaining in place, India's exports to the United States have shown a pickup since September, while sectors that were expected to be hit harder by tariffs have not underperformed as sharply as those considered relatively insulated, according to a data based report by DSP Mutu
Speaking on the overall performance of the Indian Economy, the Home Minister said, "Our forex reserves have crossed the record level of seven hundred billion dollars."