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Apr 28, 2025
India, Netherlands discuss ways to boost trade, investments.
India and European nation Netherlands have discussed ways to boost trade and investments ties during the visit of Commerce Secretary Sunil Barthwal to Hague. The visit assumes significance as India's exports to Netherlands are recording healthy growth despite global economic uncertainties. 'Commerce Secretary Mr. Sunil Barthwal & Ambassador @ktuhinv met DG Foreign Economic Relations Mr. Michiel Sweers in The Hague to discuss strengthening bilateral trade and economic ties. Discussions focused on enhancing collaboration through the joint trade and investment committee (JTIC) and advancing strategic economic cooperation,' the department of commerce said in a post on X.
Source:
economictimes.indiatimes.com
Apr 28, 2025
Need to increase exports to make India stronger: Gadkari.
Union Minister Nitin Gadkari on Saturday said India will have to increase its exports and reduce imports to emerge as a stronger nation in the global community. Addressing an international conference on Vision 2047 Prosperous and Great Bharat, Gadkari suggested that the imposition of reciprocal tariffs by the US was a 'blessing in disguise' for India as newer markets are now opening up for the domestic industry.
Source:
economictimes.indiatimes.com
Apr 28, 2025
Uttar Pradesh sets ambitious target to triple exports by 2030.
The Uttar Pradesh (UP) government has set an ambitious target of tripling its export by 2030, as the ongoing tariff war between the United States and China has provided an opportunity for the state, an official statement said on Saturday. Amid the ongoing tariff war between the United States and China, the Yogi Adityanath-led government is gearing up to turn the global economic standoff into an opportunity for the state, the statement added.
Source:
economictimes.indiatimes.com
Apr 25, 2025
Punjab advances horticulture export with strategic initiatives.
Punjab Horticulture Minister Mr. Mohinder Bhagat chaired a high-level meeting with officials to discuss strategies aimed at boosting the export of fruits and vegetables from the state, expanding the area under horticulture, and increasing farmers’ income. The meeting was held at Punjab Kheti Bhawan, Mohali on Tuesday.
Source:
editorji.com
Apr 25, 2025
UP to promote manufacturing, preparing policy for Rs 5 trn annual exports.
The Uttar Pradesh (UP) government is preparing a new export policy that will give incentives to manufacturers for promoting industrial growth and 'boosting shipments', a senior government officer has said. The state is promoting manufacturing to attain its target of Rs 5 trillion in annual exports in four to five years. It made exports worth Rs 1.71 trillion in FY24. The state aims to increase its share in India's export basket from 4.71 per cent to 7.5 per cent over the years.
Source:
business-standard.com
Apr 25, 2025
PM’s Saudi trip to push trade ties.
India and Saudi Arabia have agreed to deepen cooperation across multiple strategic sectors, including defence, investment, culture, and space after a meeting between Prime Minister Narendra Modi and Prince Mohammed bin Salman. The announcement came during the second meeting of the India-Saudi Arabia Strategic Partnership Council (SPC) the two leaders.
Source:
newindianexpress.com
Apr 25, 2025
High US tariff on China, provides opportunity for India, but only if exporters play by rules: GTRI.
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). The sharp rise in US tariffs on Chinese goods--up to 245 per cent--has opened a window for other countries like India, which has a much lesser tariff of 10 per cent at least till July 8, but the path is not without traps.
Source:
economictimes.indiatimes.com
Apr 25, 2025
US Treasury Secy says India likely to be first to sign trade deal with Washington.
US Treasury Secretary Scott Bessent has said he expects India to strike the first bilateral trade deal to avoid President Donald Trump's reciprocal tariffs, according to the New York Post. A 26 per cent 'reciprocal' tariff on Indian exports to the US is currently on a 90-day pause, set to expire on July 8. However, like other countries, India is presently subject to a 10 per cent tariff under the existing policy.
Source:
economictimes.indiatimes.com
Apr 25, 2025
India likely to export up to 700,000 tons of sugar this season, ISMA member says.
India is likely to export 600,000-700,000 metric tons of sugar in the season to the end of September despite the government allowing 1 million tons of exports, a member of the Indian Sugar & Bio-Energy Manufacturers Association (ISMA) said on Thursday. The world's second-biggest sugar producer set the 1 million ton export allowance i9n January because the government and industry believed there was a surplus for overseas markets.
Source:
economictimes.indiatimes.com
Apr 25, 2025
India International Coffee Festival in Bengaluru from Friday.
The three day India International Coffee Festival (IICF) 2025 will be organised in Bengaluru from April 24. The Speciality Coffee Association of India has been appointed as the nodal agency by the Coffee Board to organise the IICF, which will be held at Chamara Vajra on Jayamahal main road, Bengaluru. DM Purnesh, President, Speciality Coffee Association of India, said IICF 2025 has received very good response from the coffee stakeholders. There will be over 100 stalls at the event including coffee companies, roasters, growers, equipment vendors, and also food stalls, he said.
Source:
thehindubusinessline.com
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