India Exports News - Latest Updates & Headlines
India's engineering goods exports touch all-time high of $116.7 billion in 2024-25
New Delhi, April 28: India's engineering goods exports recorded a growth of 6.74 per cent to scale an all-time high of $116.67 billion in for the financial year ended on March 31, 2025, according to figures compiled by the Engineering Export Promotion Council (EEPC).
High US tariff on China, provides opportunity for India, but only if exporters play by rules: GTRI
New Delhi, April 24: Exporters eyeing new opportunities in the US market amid high tariffs of up to 245 per cent on China must proceed with caution, warns a new report by the Global Trade Research Initiative (GTRI).
April sees unprecedented growth of India's new export orders, PMI shows
New Delhi, April 23: April sees unprecedented growth of new export orders buoyed by the 90-day pause in the implementation of tariffs imposed by the Trump administration, HSBC Flash India PMI said.
India's leather, footwear exports jump 25 pc to $5.7 billion in FY25
New Delhi, April 21: India's leather and non-leather footwear exports have seen a significant rise of nearly 25 per cent in the 2024-25 financial year (FY25), reaching $5.7 billion, a new report said on Monday.
2nd batch of BrahMos missiles sent to Philippines in boost to defence exports
New Delhi, April 21: In a significant boost to India's defence exports, the second batch of batteries of BrahMos supersonic cruise missile system has been dispatched to the Philippines.
Nothing to ramp up exports from India amid global trade uncertainty: CEO
New Delhi, April 19: Amid growing global trade uncertainty and tariff challenges, London-based consumer electronics company Nothing is considering ramping up exports from India, its CEO Carl Pei has said.
Tools sector presents significant opportunity for India to enhance its export footprint: Niti Aayog report
New Delhi, April 18: Tools manufacturing sector presents a significant opportunity for India to enhance its export footprint, create jobs, and establish itself as a competitive player on the world stage, a joint report by NITI Aayog and the Foundation for Economic Development asserted.
US 125% tariff on China could fuel India's exports by small firms made products: GTRI
New Delhi, April 16: The US crackdown, which has imposed 125 per cent import tariffs on China, has unexpectedly created a rare opportunity for India's small manufacturers, offering them a short-term export window, said the Global Trade Research Initiative (GTRI) on Wednesday.
India's exports of goods and services up 2.65 pc at $73.6 billion in March
New Delhi, April 16: India’s total exports (merchandise and services combined) saw a 2.65 per cent annual growth at $73.61 billion in the month of March, the Ministry of Commerce and Industry data showed on Wednesday.
FIEO urges Centre for strategic support to sustain trade growth momentum
New Delhi, April 15: The Federation of Indian Exports Organisations (FIEO) on Tuesday urged the Centre for strategic support to sustain trade growth momentum, as overall exports grew by a healthy 5.5 per cent in FY25, reaching $820.93 billion.
India's total exports touch record $820.93 billion in 2024-25 despite global challenges
New Delhi, April 15: India's total exports of goods and services increased by 5.5 per cent to a record $820.93 billion during the financial year ended March 31, 2025, compared to $773 billion in the previous fiscal year, despite the uncertainties in the global market, according to Commerce Secretary Sunil Barthwal.
90-day pause a welcome announcement from US, says Shruti Rajagopalan
New Delhi, April 13: Senior research fellow Shruti Rajagopalan welcomed America's decision to pause the trade tariffs for a window of 90 days and expressed her views on the global trade order. She also spoke about the steps Indian policymakers can adopt to make exports more competitive. Rajagopalan made the remarks on the sidelines of the Carnegie Global Tech Summit.
Trade body seeks interim Textile Exports Protection Scheme as US pauses tariffs
New Delhi, April 10: The Confederation of Indian Textile Industry (CITI) on Thursday said that the 90-day relief in US reciprocal tariffs will bring short-term respite to the Indian textile and apparel exporters, who were bracing for higher tariff barriers, urging the government to introduce an interim Textile Exports Protection Scheme.
India's exports surge to record $820 billion in 2024-25 despite global challenges
New Delhi, April 10: India's goods and services exports have crossed a record $820 billion in financial year 2024-25, which represents a close to 6 per cent increase over the corresponding figure of $778 billion for the previous financial year, despite the economic uncertainties in global markets, according to data compiled by the Commerce Ministry.
Piyush Goyal encourages exporters to take long term view of India-US trade
New Delhi, April 9: Union Minister of Commerce and Industry, Piyush Goyal, on Wednesday held discussions with the Export Promotion Councils and industry bodies here in the light of the emerging trade scenario.
Component PLI to further boost electronics exports, generate jobs
New Delhi, April 9: As smartphone exports surpassed Rs 2 lakh crore in FY25, with iPhones alone accounting for approximately Rs 1.5 lakh crore, the IT Ministry has notified the Rs 22,919 crore Electronics Components Manufacturing Scheme (ECMS), marking a significant step towards strengthening India's position as a global hub for electronics manufacturing.
India's export in 2025 to US may decline by 6.41%, as a result of the Trump tariffs: GTRI
New Delhi, April 7: India could see a decline of USD 5.76 billion or 6.41 per cent in exports to the United States (US) because of the tariffs, in 2025, said a research report by the Global Trade Research Initiative (GTRI).
US tariffs may lead to dumping by competing countries in India: CareEdge
New Delhi, April 6: The imposition of high reciprocal tariffs by the US on other competing nations raises the possibility of increased dumping by those nations in India, as well as in other export markets, which could negatively impact certain sectors, CareEdge Ratings said in a report.
India has advantage over Asian peers after US tariff hikes: SBI
New Delhi, April 4: India;s exports to the US constitute only 4 per cent of its GDP so the direct impact of the 27 per cent hike in tariffs on Indian goods announced by President Donald Trump will have only a "limited" impact, according to an SBI Research report released on Friday.
Global brokerages warn of negative impact of Trump tariffs on both India and US
New Delhi, April 4: US President Donald Trump has announced a steep 27 per cent tariff on imports of Indian goods, triggering concern across global markets and trade analysts.
Trump's 25% tariff on auto components import may divert orders to India: FIEO
New Delhi, March 27: US President Donald Trump's latest tariff move to impose 25 per cent tariffs on auto and auto component imports could potentially reshape the international automotive supply chain. The Federation of Indian Export Organisations (FIEO) sees this as a potential opportunity for India.
Despite geo-political uncertainties, India's exports set to cross $800 billion
New Delhi, March 27: Despite global uncertainties, India's exports are set to surge, said Director General of Foreign Trade (DGFT), Santosh Kumar Sarangi, adding that exporters should tread the path pragmatically and wisely to navigate the current global trade contours.
Government implements comprehensive measures to boost exports and strengthen trade competitiveness
New Delhi, March 25: : The Government has taken various proactive measures aimed at enhancing domestic capacities, boosting exports, diversifying supply chains, exploring alternate sources of imports and fostering economic resilience. Several key initiatives and policy measures undertaken by the Government to boost exports, attract investments and to promote ease of doing business from time to time are as follows, according to the Ministry of Commerce and Industry statement.
India's renewable hydrogen developers bank on cost advantage in lackluster global market: S&P report
New Delhi, March 20: India's renewable hydrogen developers hope cost advantages and offtake interest will help kickstart "green ammonia" export opportunities in 2027 despite the sector's uncertain outlook, according to S&P Global Commodity Insights.
India's exports of goods and services rise 6.24 per cent to cross $750.5 bn in April-February
New Delhi, March 17: India's cumulative exports of both merchandise and services registered a 6.24 per cent increase during April-February 2024-25 to $750.53 billion, compared to $706.43 billion in the same period of the previous year, according to data released by the Ministry of Commerce and Industry on Monday.
India's exports declined to USD 71.95 bn in Feb from USD 74.97 bn in Jan 2025
New Delhi, March 17: India's overall exports, comprising both merchandise and services, stood at USD 71.95 billion in February 2025, declining from USD 74.97 billion in January 2025. However, it is up from USD 69.74 billion in February 2024, according to the latest data released by the Commerce Ministry.
India stands to gain in an increasingly uncertain world of tariffs: SBI Report
New Delhi March 17: US President Donald Trump's plan to impose reciprocal tariffs may only lead to a 3-3.5 per cent decline in Indian exports, and the effect will be negated by higher exports, according to SBI Research released on Monday.
Impact of US tariffs on India minimal as country diversifies exports kitty: SBI report
New Delhi, March 17: The impact of US trade reciprocal tariffs on India will be minimal as the country has diversified its exports kitty, pitched value addition, exploring alternate areas and works on new routes that transcend from Europe to the US via the Middle East, redrawing new supply chain algorithms, a new SBI Research report said on Monday.
India to cross $800 billion in exports this year with major share of Services: Piyush Goyal
New Delhi, March 14: India is on the path to cross $800 billion in exports this year with the major share of Services exports, Union Minister of Commerce and Industry, Piyush Goyal, has reiterated.
APEDA showcases India's agricultural and processed food excellence at 39th edition of AAHAR 2025
New Delhi, March 11: The Agricultural and Processed Food Products Export Development Authority (APEDA) showcased India's agricultural and processed food excellence at the 39th edition of AAHAR 2025, organised by the India Trade Promotion Organization (ITPO) from 4th to 8th March 2025 at Bharat Mandapam, New Delhi.
APEDA showcases India's organic excellence at Natural Products Expo West 2025
New Delhi, March 11: The Agricultural and Processed Food Products Export Development Authority (APEDA) showcased India's rich agricultural heritage and growing organic sector at the Natural Products Expo West 2025, held from March 4 to 7, 2025, at the Anaheim Convention Centre, California, USA.
Trump tariff could become a catalyst to tackle high import tariffs & low FDI hitting India's exports: HSBC
New Delhi, March 7: India's export growth has been hampered over the past decade due to a combination of high import tariffs and low foreign direct investment (FDI) in mid-tech manufacturing sectors, according to a report by HSBC.
PM Modi talks of India's export boost in defence equipment, toys sector; says over Rs 42 lakh crore transferred to poor through DBT
New Delhi, March 6: Prime Minister Narendra Modi on Thursday talked of his government's success in checking corruption in the delivery of government schemes and said initiatives taken have boosted the country's exports in several sectors including defence.
With internal reforms, focus on manufacturing, India could benefit from Trump's tariffs: Expert
New Delhi, March 6: The tariffs that US President Donald Trump imposed on Chinese goods present a significant opportunity for India, if it undertakes internal reforms to capture a share of what China loses in exports.
India's engineering exports to US touch $1.62 billion in Jan but tariff wall looms ahead
New Delhi, March 6: India's engineering goods exports have recorded robust growth in January this year despite uncertainties in the global markets, with the United States being the top destination.
PM Modi urges India Inc to go for opportunities in global supply chains
New Delhi, March 4: Prime Minister Narendra Modi on Tuesday urged domestic manufacturers and exporters not to remain mere spectators but to take advantage of the opportunities that are emerging from the disruptions in global supply chains as the world needs reliable partners who produce high-quality products and ensure reliable supply.
India's auto component exports can hit $100 billion amid changing global trade dynamics
New Delhi, March 4: India's auto component industry can target $100 billion in exports, as global original equipment manufacturers (OEMs) reassess their supply chains and manufacturing strategies, presenting India with an optimal opportunity to establish itself as a top global destination, according to a report on Tuesday.
Piyush Goyal calls for bolstering supply chains and providing high-quality electronic products globally at competitive prices
New Delhi, February 24: India's electronic goods industry must work together towards more resilient supply chains, upgrade quality standards and provide high-quality goods and services to the world at competitive rates, Union Commerce and Industry Minister Piyush Goyal said on Monday.
US tariffs on steel sector unlikely to impact India materially: Crisil
New Delhi, Feb 18: The US tariffs on the steel sector are unlikely to impact India because only 2 per cent of the country's total finished steel exports in the first nine months of this fiscal were to the US, Crisil Intelligence said on Tuesday.
India's exports of goods & services post 9.7 per cent rise in January
New Delhi, Feb 17: India's total exports of both merchandise and services for January 2025 are estimated at $74.97 billion, registering a growth of 9.72 per cent vis-a-vis January 2024, according to a statement issued by the Commerce and Industry Ministry on Monday.