Mexico’s decision to raise tariffs on India is set to impact $1 billion car exports from the world’s third largest car market, including those by Volkswagen Group AG and Hyundai Motor Co., despite the industry lobbying against such a move. Škoda Auto Volkswagen India Pvt. Ltd., a wholly owned subsidiary of Germany’s Volkswagen Group, accounts […]
India’s trade deficit widened to a record in October 2025 as imports rose due to higher domestic demand after a cut in consumption tax, while exports fell due to US tariffs on the world’s fourth largest economy. India’s exports fell 11.8% year-on-year to $34.38 billion in October, while imports stood at $76.06 billion, rising 16.6% […]
Amazon.com Inc. says its e-commerce exports from India has surpassed $20 billion, including nearly $7 billion this year, despite the punitive US tariffs on the world’s fourth largest economy. Amazon’s exporter base in India has grown by a third in year to about 2 lakh sellers, spanning 28 states and seven union territories. (AFP) “We […]
India’s exports to the US fell in the first full month since 50% US tariffs on Indian goods came into effect, underscoring the country’s reliance on its biggest export market. Imports increased. Nearly 55% of India’s exports to the US were affected by the tariffs. (Reuters) India’s US exports fell 11.93% year-on-year to $5.46 billion […]
India’s trade deficit in September widened the most in eleven months as 50% US tariffs took effect in the world’s fourth largest economy. Shipping containers at Mundra port in Gujarat. The 50% US tariffs on India came into effect on 27 August 2025. (Reuters) The gap between exports and imports stood at $32.15 billion in […]
