Indian exports Archives

August 7, 2025 9:33 AM

Nearly $30 billion in Indian exports secure from Trump’s 50% tariff

As US President Donald Trump on Wednesday announced a 50 per cent tariff on imports from India, shipments worth over $30 billion — including pharmaceuticals and certain electronic items such as smartphones, semiconductors, and energy products — r...

August 7, 2025 8:33 AM

Trump imposes additional 25% tariff on Indian imports; economists warn of impact on growth

U.S. President Donald Trump has imposed an additional 25% tariff on imports from India, a move economists say could dent India’s GDP growth in FY26 by up to 0.4%. Sonal Badhan, Economics Specialist at Bank of Baroda, told ANI, “We had initia...

July 25, 2025 1:04 AM

UK FTA finalised after two decades, credit goes to PM Modi: Piyush Goyal

Union Commerce Minister Piyush Goyal on Thursday said it took over two decades to finalise the historic Free Trade Agreement (FTA) with the United Kingdom, crediting Prime Minister Narendra Modi for bringing the deal back into focus and driving it to...

April 16, 2025 12:22 PM

India’s FY25 exports up 5.5% to $821 billion; March sees 2.65% rise

India’s cumulative exports for the financial year 2024–25 (April–March) rose by 5.5% to $820.93 billion, up from $778.13 billion in the previous year, driven by strong performances in key sectors, according to data released by the Ministry of C...

April 3, 2025 3:21 PM

India to review impact of US reciprocal tariffs, says MoS Finance

India will review and assess the impact of the 27 per cent reciprocal tariffs imposed by the United States, Union Minister of State for Finance Pankaj Chaudhary said on Thursday. His remarks come in response to the recent tariff hike affecting Indian...

March 25, 2025 10:35 AM

India’s defence production surges to Rs. 1.27 lakh crore in FY 2023-24, exports cross Rs. 21,000 crore mark

India’s defence production hit a record Rs. 1.27 lakh crore in FY 2023-24, marking a 174% rise since 2014-15, driven by the Make in India initiative. Defence exports also saw a significant boost, reaching Rs. 21,083 crore, a 30-fold increase in the...

July 15, 2024 4:53 PM

India’s exports surpass $200 billion in Q1, government confident of reaching $800 billion annual target

As India's exports in the first quarter of 2024-25 (April-June) crossed the USD 200 billion mark, the government has expressed its optimism about reaching its full-year target of USD 800 billion. Commerce Secretary Sunil Barthwal expressed optimism ...

October 10, 2023 10:22 AM

The India-Peru trade agreement boosts trade investment and enhances cooperation in various sectors

The India-Peru Trade Agreement Special Round is expected to take place virtually on October 10th and 11th, 2023. Chief Negotiator Mr. Vipul Bansal, Joint Secretary, Department of Commerce, will lead the Indian track, and Mr. Gerardo Antonio Meza G...