(From right) R Selvam, Executive Director, Council for Leather Exports (CLE), and Abdul Wahab, Regional Chairman, South CLE, at a press conference in Chennai, Tamil Nadu, on Saturday, January 31, 2026. | Photo Credit: BIJOY GHOSH Despite the US‘ tariffs on Indian goods, the Indian leather and footwear industry aims to maintain a flat growth […]
India plans to start shipping green ammonia overseas as early as 2028, according to Renewable Energy Secretary Santosh Kumar Sarangi, a boost to the nation’s ambition to become a global hub for clean hydrogen and its derivatives. “Today we had a meeting with the Netherlands,” Sarangi said on Thursday on the sidelines of India Energy […]
Rising automobile exports are reflective of the increasing acceptance of India-manufactured vehicles across global markets, according to Economic Survey 2025-26. The automobile industry witnessed tremendous growth in exports, with more than 53 lakh vehicles shipped across passenger, commercial, two-wheeler, and three-wheeler segments in the FY25 and posting double-digit growth in the first half of 2025-26, […]
The three markets accounted for most of the gains during the month, offsetting a decline in apparel shipments to other destinations, according to the data released by the Joint Apparel Association Forum (JAAF). During the month, exports to the US rose by 6.49% to $178.29m compared with December 2024. Shipments to the EU grew by […]
The India-EU free trade agreement will bring down tariffs to zero immediately after the agreement is officially implemented. Shaleen Toshniwal, Chairman, Manmade and Technical Textiles Export Promotion Council (MATEXIL) said the India-EU FTA, which is one of the most complex trade negotiations India has undertaken, comes at a crucial phase when there is global trade […]
Mumbai | New Delhi: Even as Europe has emerged as the largest export destination for Indian auto component makers ahead of the US, manufacturers expect the proposed free trade agreement with the European Union-set to be signed this week-to accelerate technology transfers, joint ventures and exports. The country’s largest-ever FTA is expected to boost shipments […]
India’s gem and jewellery exports were almost flat during April-December 2025 over the previous year, but exports to the United States during the same period declined 44% from $6.95 billion in April–December 2024 to $ 3.86 billion for the nine months of 2025, the Gem and Jewellery Export Promotion Council (GJEPC) said on Friday. Exports […]
Bajaj Auto Ltd.’s exports outpaced India sales for the first time in at least three years, amid a revival abroad and muted demand at home. The Bajaj Auto HQ in Pune. Bajaj Auto is a rare Indian two-wheeler maker which has equally robust global and local operations. (Tushar Deep Singh/HT) Domestic sales of the Pulsar […]
India’s trade deficit has narrowed to a five-month low as gold imports fell and exports to the US picked up despite punitive tariffs. The decline in India’s trade deficit in November 2025 was attributed to lower gold, oil and coal imports and higher US exports—up 10% month-on-month at $6.92 billion. (Reuters) Exports rose to $38.13 […]