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India reports export contraction and rising imports in October trade data

India’s export slump contrasts with sharp import growth in October data

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Exports see double-digit decline in October amid strong import growth India’s merchandise exports declined 11.8 percent to USD 34.38 billion in October, even as imports...
India is also the EU’s second-largest supplier of shrimp, holding an 8% market share, and contributes 12% of the EU’s squid imports

India’s seafood and wine industries see remarkable growth, exports surge: Centre

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India’s premium seafood, wine exports flourish, strengthening trade relations with the EU India’s seafood and wine industries have experienced substantial growth, with seafood exports alone...
The report highlights that geopolitical tensions and India's focus on indigenization are creating new opportunities for domestic defence companies

India’s defence exports set to grow at 18% CAGR by 2030: Report

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GOI’s push for defense indigenization boosts opportunities for Indian companies India’s defence exports are projected to expand at a compound annual growth rate (CAGR) of...
The facility will address inefficiencies in logistics, reduce multiple handlings, and extend the shelf life of agricultural products

Mumbai: India’s first integrated agri-export facility to be built at JNPA

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Union Minister Sarbananda Sonowal approves Rs.284.19 cr PPP project to revolutionize agri-logistics and reduce wastage Jawaharlal Nehru Port Authority (JNPA)'s project for the development of...
The data for August 2023 is an estimation, which will be revised based on RBI’s subsequent release

India’s services exports rise 8.4% to $28.72 bn in August

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Driven by its strong software, IT services sector, India is one of the largest services exporters in the world As per provisional data released by...
India's merchandise imports in March 2022 increased by 24.21 percent over last year to $60.74 billion from $48.90 billion

India’s merchandise exports for March surge over 19% YoY basis

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Merchandise exports surge over 19%, imports 24% As per the official data released on Wednesday, India's March 2022 merchandise exports rose to $42.22 billion, higher...
India's engineering goods shipments to China more than doubled in November this year to $434.6 million, the EEPC India said on Friday

India’s engineering goods export to China surges to 128% than previous year

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India’s engineering goods export to China doubled, says EEPC In the financial year 2020-21 (FY21), engineering exports from India to China rose to 128% to...
A determined India cuts back its Defence imports as focus on internal sourcing picks up

US, French and German arms exports rise, Russian and Chinese exports fall. India’s arms...

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India’s import of arms has dropped over the past 10 years Very interesting things emerge from the Stockholm International Peace Research Institute (SIPRI)’s report released...
Amazon’s Biggest Bet Yet: AI, Exports & Jobs for India

Amazon to invest ₹3.14 lakh crore in India, targets USD 80 billion exports

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Amazon targets USD 80 billion in exports from India by 2030 Amazon on Wednesday announced plans to invest USD 35 billion (over ₹3.14 lakh crore)...
Major breakthrough in India–US talks

US praises India’s best-ever market-access proposals in trade talks

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US: India gives “best offer ever” The United States is intensifying trade negotiations with India, with US Trade Representative Jamieson Greer telling lawmakers that New...

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