India Trade News - Latest Updates & Headlines
Dedicated EFTA desk launched to expand trade between India, member countries
New Delhi, February 10: India has launched a dedicated desk to deepen the economic engagements between India and the European Free Trade Association (EFTA) countries -- Iceland, Liechtenstein, Norway and Switzerland.
India's total trade to reach USD 1.8 trillion by 2033, growing at 6.4% CAGR: Report
New Delhi, February 9: India's total trade is expected to grow at a compound annual growth rate (CAGR) of 6.4 per cent through 2033, reaching USD 1.8 trillion annually, according to a BCG report.
Council for Leather Exports targets USD 47 bn by 2030; with special focus on footwear, exports
New Delhi, February 6: The Council for Leather Exports (CLE) has set a target of USD 47 billion by 2030, out of which USD 13.7 bn is for the export sector, according to Rajendra Kumar Jalan, Chairman, Council for Leather Exports.
Balanced, transparent trade environment vital to deepening US-India economic ties: USIBC
New Delhi/Washington, Feb 1: A balanced and transparent trade environment is vital to deepening US-India economic ties and in line with President Donald Trump's emphasis on fair and reciprocal trade, India can consider bolder steps to address structural bottlenecks and foster a more predictable policy environment that instills investor confidence and promotes long-term strategic partnerships, the US-India Business Council (USIBC) said on Saturday.
India should leverage evolving global dynamics to accelerate growth: Eco Survey
New Delhi, January 31: India should leverage evolving global trade dynamics, such as greater protectionism, to accelerate its growth and enhance its presence in global trade, said the Economic Survey 2025, tabled in the parliament on Friday.
India and Belgium to strengthen economic ties with focus on trade, investment, and emerging sectors
New Delhi, January 21: The Commerce and Industry Minister of India, Piyush Goyal, met with the Belgian Minister of Foreign Affairs, European Affairs, and Foreign Trade, Bernard Quintin, in Brussels on Tuesday to discuss strengthening bilateral trade and investment ties.
India's seafood exports cross Rs 60,000 crore in FY25 to date, set for new record
New Delhi, Jan 18: India's seafood exports have crossed the Rs 60,000 crore mark in FY24-25 to date, according to latest government data.
USIBC urges new US administration to prioritise reciprocal trade agreements with India in key sectors
New Delhi, January 18: The US-India Business Council (USIBC) has urged the incoming Trump administration in US to prioritise reciprocal trade agreements with India, particularly in defence, digital services and pharmaceuticals among others.
Assam govt holds investment roadshow in London ahead of showpiece 'Advantage Assam' summit
London, January 18: The Assam government in partnership with the High Commission of India, hosted the Assam Investment Roadshow in London to support the upcoming Advantage Assam 2.0 Investment and Infrastructure Summit 2025 to be held in Guwahati next month.
India will face over USD 14.6 bn in additional duties, if US imposes 20 per cent tariff: BCG Report
New Delhi, January 13: The ASEAN region, alongside India, stands out as a major beneficiary of the ongoing geopolitical shifts. India's trade is forecasted to grow at an impressive 6.4 per cent annual rate, reaching USD 1.8 trillion by 2033 according to Boston Consulting Group (BCG) report.
Mahakumbh 2025 expected to boost trade by Rs 2 lakh crore says Confederation of All India Traders
Prayagraj, January 13: The Mahakumbh 2025, which began today in Prayagraj, is projected to generate trade worth approximately Rs 2 lakh crore in the region, according to the Confederation of All India Traders (CAIT).
India can hit $100 bn exports target in F&B, agriculture and marine products in 5 years: Piyush Goyal
New Delhi, Jan 10 (IANS): India has the potential to reach $100 billion of combined exports in the food & beverage (F&B), agriculture, and marine products industries in the next five years, Commerce & Industry Minister Piyush Goyal said on Friday.
India's gold imports turn out to be $5 billion lower in Nov, trade deficit narrows
New Delhi, Jan 8: The government has scaled down its estimate of gold imports for November 2024 to $9.84 billion from the preliminary estimate of $14.86 billion announced last month, data compiled by the Commerce Ministry's Directorate General of Commercial Intelligence and Statistics showed on Wednesday.