Tag
International Trade
11 articles
India's expanding trade relationships and supportive policy adjustments signal continued resilience in the nation's export sector. Recent data reveals robust trade figures with key partners like the UAE and ASEAN, reaching $128.38 billion and $101.25 billion respectively, reinforcing the ambition of achieving $200 billion in trade with the UAE by 2032. Simultaneously, the government is easing compliance burdens for smaller exporters through exemptions from registration requirements, while software exports have grown by 8.2% to $221.4 billion, driven largely by the US and European markets. These developments suggest a favorable environment for Indian businesses engaging in international trade, though investors should monitor potential trade asymmetry adjustments within ASEAN agreements.
Government Extends RoDTEP Export Scheme to December 2026
Government extends RoDTEP export incentive scheme until December 31, 2026, maintaining current rates and value caps.
Scheme refunds embedded central, state, and local duties/taxes on exported products
GPT Infraprojects Subsidiary Wins ₹385 Crore Railway Contract
GPT Infraprojects subsidiary GPT Concrete Products South Africa wins ZAR 660 million contract from Transnet Freight Rail.
The 5-year contract involves manufacturing and supplying railway concrete slee
India-ASEAN Trade Hits $128.38 Billion in FY26
India participated in the 14th East Asia Summit and 23rd ASEAN-India Economic Ministers' Meeting in Manila, Philippines.
Bilateral trade between India and ASEAN reached USD 128.38 billion in 2025–26,
India Proposes BRICS Women-Led Trade Expansion Initiatives
Commerce Minister Piyush Goyal proposed four initiatives to boost women-led enterprises in BRICS trade, including a common trade platform and Women's Advancement Fund.
India reported 15% merchandise e
Government Exempts RCMC for Exports Up to ₹3 Lakh
DGFT amended Foreign Trade Policy to exempt RCMC requirement for export consignments with FOB value up to ₹3 lakh.
Exemption aims to reduce compliance burden for MSMEs, first-time exporters, and facil
India-MERCOSUR Sign Protocol for Electronic Origin Certificates
India and MERCOSUR signed First Additional Protocol to enable electronic Certificates of Origin under existing PTA.
Protocol amends Article 16 of Annex III to grant electronic certificates same legal
India-MERCOSUR Launch Expanded Trade Agreement Negotiations
India and MERCOSUR announced launch of negotiations to expand their existing Preferential Trade Agreement.
Both sides agreed to cover new areas of mutual interest to deepen economic relations and crea
India-Afghanistan Joint Working Group Reviews Trade Cooperation
India and Afghanistan held a virtual Joint Working Group meeting on trade and investment to strengthen bilateral economic ties.
Key discussion areas included trade facilitation, customs cooperation, v
India-Afghanistan Joint Working Group Reviews Trade Cooperation
India and Afghanistan held a virtual Joint Working Group meeting on trade and investment to strengthen bilateral economic ties.
Key discussion areas included trade facilitation, customs cooperation, v
India-UAE Joint Task Force Reviews CEPA Progress
14th India-UAE High Level Joint Task Force meeting co-chaired by Commerce Minister Piyush Goyal and ADIA's Sheikh Hamed bin Zayed Al Nahyan reviewed bilateral investment priorities.
Bilateral trade re
RBI Survey Shows 8.2% Rise in Software Exports
India's software services exports (excluding overseas commercial presence) grew 8.2% YoY to US$221.4 billion in FY 2025‑26, according to RBI's annual survey.
Private limited companies led the sector w