Tag

International Trade

11 articles
India is reinforcing its position as a key global trade hub, evidenced by robust export growth and expanding partnerships across Africa, Asia, and Europe. Recent developments include finalized terms for a Preferential Trade Agreement with the Southern African Customs Union, alongside rising trade with Namibia and deepened investment commitments from Japan, all underpinned by a focus on sectors like engineering goods, pharmaceuticals, and critical minerals. These efforts, coupled with India’s chairmanship of BRICS trade and industry meetings emphasizing MSME support and digital integration, reflect a strategic push toward achieving a $30 trillion economy by 2047 and diversifying trade relationships beyond traditional markets, presenting opportunities for businesses seeking growth in a dynamic emerging economy.
Goyal Invites Japanese Investment in India Partnership
Commerce Minister Piyush Goyal invited Japanese businesses to deepen investments and partnerships in India, highlighting Uttar Pradesh as a key platform. India-Japan bilateral trade reached USD 27.5 b
India's April-July Exports Grow 13.16% to $316.42B
India's cumulative exports reached $316.42 billion in April-July 2026-27, growing 13.16% year-on-year with merchandise exports up 17.04%. Merchandise trade deficit widened to $118.60 billion while ser
India Chairs BRICS Trade Ministers Meeting in Jaipur
India concluded the 16th BRICS Trade Ministers' Meeting, issuing a Chair's Statement with four annexes covering economic partnership and trade. Ministers adopted the Jaipur Consensus and Guiding Princ
India Hosts Tenth BRICS Industry Ministers Meeting
India concluded the Tenth BRICS Industry Ministers' Meeting in Jaipur under its 2026 BRICS Chairship. Ministers adopted a Joint Declaration to advance industrial cooperation on MSMEs, photovoltaics, s
India-Namibia Trade Rises to $593 Million in 2025-26
India-Namibia bilateral merchandise trade reached USD 592.94 million in 2025-26, with India exporting USD 349.09 million and importing USD 243.85 million. The Joint Trade Committee designated investme
Goyal Urges Fair Trade, $30T Economy by 2047
Commerce Minister Piyush Goyal addressed Bharatiya Vyapar Mahotsav, urging fair trading practices and global expansion of Make in India. India's exports reached $863 billion last year with 73% growth
India and SACU Sign Preferential Trade Agreement Terms
India and Southern African Customs Union signed Terms of Reference for Preferential Trade Agreement negotiations covering eight chapters including goods trade and market access. Commerce Minister Piyu
India's FTA Utilization Drives Record $863B Exports
India's combined merchandise and services exports reached a record $863.1 billion in FY 2025-26, with 11.37% growth in April-June 2026. UAE emerged as largest FTA export destination at $37.36 billion,
India's FTA Exports Reach Record $863.1 Billion
India's combined merchandise and services exports reached a record US$ 863.1 billion in FY 2025-26, with strong growth continuing into FY 2026-27. FTA partners constitute major export markets, with UA
Jinkushal Industries Q1 Revenue Up 37.4% YoY
Jinkushal Industries reported Q1 FY27 standalone revenue growth of 37.4% YoY to ₹5,129.42 lakhs while consolidated revenue grew 15.9% to ₹5,656.55 lakhs. Consolidated PAT declined 66.2% YoY to ₹220.05
India June Services Exports Up 13.3% YoY
The June 2026 international trade in services data show exports of $36.371 bn and imports of $18.477 bn, both provisional. Exports grew 13.3% YoY in June, while imports surged 16.2% YoY, the highest g