New Delhi [India], March 11: Together as Medsoria, the joint venture will increase production capabilities with a new 70,000 square feet (6,500 square meters) U.S. FDA-compliant facility and engender future collaboration on developing new product lines. With the recent reporting of a trade d
"It's good for India that tariffs get reduced. And it, of course, is for all over the world. But we have an advantage because we have the raw materials itself, we can give big delivery and good quality. It is advantageous for India. Even with the Supreme Court order, we are benefited," Dr Sa
Indian exporters are set to receive immediate relief following the US Supreme Court's ruling on the US administration tariffs, according to Manoj Mishra, Partner at Grant Thornton Bharat.
"Nothing changes. They'll be paying tariffs, and we will not be paying tariffs. This is a reversal of what used to be. PM Modi is a great gentelman a great man. He was much smarter than the people he was against. In terms of the US, He was ripping us off. So we made a deal with India. A f
"I have never seen such a 'mahamurkh' LoP in this country. To protect cotton farmers, for the last 8 years, PM Modi has put in place 11% import duty. After the farmers are safeguarded, how the textile sector is to be freed and made competitive because we are competing with Vietnam - incen
India's trade surplus with the United States may cross USD 90 billion annually, supported by a sharp rise in exports and higher import potential, according to a report by SBI.
Kirit Bhansali, Chairman of the Gem and Jewellery Export Promotion Council (GJEPC) India, said it is a joyous moment for the entire gems and jewellery sector.
US tariff relief calms export sentiment, for now, in a volatile trade environment, according to rating agency ICRA. In a recent press release, the agency noted that the outlook on apparel exports has been restored to 'stable', while the outlook for the cut and polished diamonds sector remain
The White House revised its India-US trade factsheet, softening language on India's commitments related to purchases, tariffs and digital taxes. Some references to agricultural products and digital services taxes were removed. The update follows last week's interim trade framework finalis
The reduction in tariffs under the India-US trade deal framework is expected to significantly improve the competitiveness of Indian exports and deliver broad-based gains for the chemical industry, Ramya Bharathram, President of the Indian Chemical Council (ICC), said on Monday.
"Under President Trump's leadership, the United States is pursuing a trade policy that delivers real results for American workers and businesses, strengthening our economic and security partnerships abroad," the statement quoted Greer as saying.
EAM Jaishankar's interaction with Ambassador Gor comes days after the conclusion of the framework of the India-US interim trade agreement last week, underscoring the shared interests and continued partnership between the two countries.