Exports

Comprehensive business model offering multi-country, multi-product solutions may reduce impact of tariff

Smartphones may be powering a surprise jump in India’s exports to the US 

Shipments to the US rose 15.4% in October 2025, despite a steep 50% reciprocal duties, likely buoyed by tariff-exempt smartphones, which recorded a 31% sequential surge in exports.

US exemption to benefit $1 billion of India’s farm exports, says commerce ministry

“While this applies to all trading partners, it creates a level playing field for Indian exporters,” the ministry said.

Merchandise trade deficit widens to $42 bn on 200% surge in gold imports

Merchandise exports for October 2025 stood at $34.38 billion, while the imports came in at $76.06 billion during the same period

Govt’s new Credit Guarantee Scheme may offer up to Rs 50 crore to each eligible exporter, sources say

It will remain open till March 31, 2026, or until guarantees worth Rs 20,000 crore are issued, with each loan having a tenure of four years, including a one-year moratorium on repayment, sources indicated.

Exporters await clarity as only Rs 2,600 crore likely left under Export Promotion Mission in FY26

The Rs 20,000-crore Credit Guarantee Scheme will ease access to bank finance for exporters but may not offer any relief for existing NPAs.

Cabinet clears Rs 20,000 crore additional funds for credit guarantee scheme to aid exporters

The scheme shall be implemented by DFS through National Credit Guarantee Trustee Company Ltd to provide additional credit support by MLIs to the eligible exporters including MSMEs

Cabinet clears Rs 25,060 crore Export Promotion Mission to support sectors hit by tariff hikes

The Union Cabinet also expanded the Credit Guarantee Scheme for Exporters with an additional support of Rs 20,000 crore

India seeks steel tariff relief from EU for auto duty cuts in FTA talks

Sources say New Delhi is seeking relief from the EU’s proposal to double duties on steel to 50% and tighten steel import quotas, while weighing tariff concessions on high-end European cars under the FTA

Spain is the new European destination for Indian petroleum, exports skyrocket 46,000%

The move reflects a strategic shift in India’s European fuel trade, reducing reliance on northern distribution hubs such as The Netherlands in favour of direct end markets such as Spain

FTA talks with EU, Chile, New Zealand may conclude this year as India seeks export markets, rare‑earth supplies

The trade deal with EU could even happen by November, it is learnt, given that there is consensus on key issues such as automobiles, whisky and wine, on which the 27-nation bloc is seeking significant tariff reductions.

High US tariffs prompt exports pivot to UAE, China, Europe

Shipments to markets such as UAE, China, and Spain show growth, but reliance on the US remains high

PM Modi meets exporters; discusses ways to increase India's competitiveness in global trade

Representatives from sectors, including apparel, leather, gems and jewellery, handicrafts, engineering, and seafood participated in the meeting

Tariffs trigger export pain for India as shipments shrink 37.5% in May-September

The report said exports of pharmaceuticals, smartphones, metals and auto have declined during the period

How China’s factory muscle is blunting Trump’s tariffs—for now

As US duties bite, China’s manufacturing hubs like Yiwu are finding new buyers in Europe, Africa, and Southeast Asia — keeping exports strong even as the domestic economy sputters.

FTA delayed, India to expand preferential trade agreement with Brazil-led Mercosur: Govt officials

Currently, the preferential trade agreement (PTA) with the Mercosur trade bloc covers about 450 tariff lines. Talks are on to expand the PTA further to cover more items across agriculture, industrial goods, pharmaceuticals, and textiles, government officials told Moneycontrol.

Trump tariffs dented India’s labour-intensive exports in September, but marine shipment defied odds

Unsurprisingly, exports of electronic goods, unaffected by Trump’s steeper tariffs, grew a massive 50.5 percent on-year to $3.1 billion last month, nearly double the growth registered in August.

India’s goods trade deficit widens to 13-month high of $32.15 billion in September

'Import increase in September 2025 has been higher than exports. Gold, silver, fertiliser and electronics have led to the import surge,' Commerce Secretary Rajesh Agarwal said.

Tariffs being used as weapons, India will choose its own path: Shivraj Singh Chouhan

While India has achieved surplus production in rice and wheat, the Union agriculture minister said, the next frontier is achieving self-reliance in pulses and oilseeds. "PM Modi will be launching India's Dalhan Atmanirbharta Mission (Chana–Masoor) day after tomorrow to strengthen pulse production," he said.

EU’s steel duties a new threat for Indian producers

The EU’s proposal to halve tariff-free import quotas and double duties to 50% on the rest may be meant to halt Chinese imports, but it could end up singeing Indian exporters too

India well placed to benefit from AI, could spur investment cycle

World Bank’s Franziska Ohnsorge says AI adoption already lifting services exports; trade deals may trigger manufacturing revival

India allows exports of de-oiled rice bran after two-year ban

Before the ban was imposed in July 2023, India exported 500,000 metric tons of de-oiled rice bran per year, worth about Rs 1,000 crore, mainly to Vietnam, Thailand, and other Asian countries

Chart of the Day: Steel sector at a crossroads

The future of India’s steel industry hinges on overcoming key challenges to maintain leadership in the global market

Trump's 100% tariff on branded drugs: Exporters assessing impact on complex generics

Pharmexcil, the sector's leading export body, said it is prudent to stay prepared for any future policy shift and build risk-mitigation strategies.

India formulating strategy to cut export hurdles in shipments to trading partners: Report

The report said the Central government is working on resolving procedural obstacles and connecting with key trading partners