Exports

Certain exporters have formally urged the Commerce Ministry to pursue a Free Trade Agreement (FTA) with Mexico to cushion the blow, with a source adding that industry leaders have even flagged the issue directly to Minister Piyush Goyal.

Mexico's Congress approves tariff hikes on imports from China, others

The Senate passed the measure Wednesday evening, following the lower chamber, which had approved the increases before dawn.

Credit guarantee scheme for exporters in last leg of consultations, rollout likely by December-end

Meeting with key export promotion councils scheduled for December 10; interest rates, moratorium, eligibility, and processing mechanism under discussion.

India-EU kick off fresh round of FTA talks as clock tick on year-end deadline

Carbon tax and market access for automobiles and steel, rules of origin, and barriers in services are the remaining sticking points, officials have said

Putin's India visit spotlights trade, rupee-ruble payments, and crude oil deals

The visit comes amid a fall in India’s Russian crude oil purchases and ongoing efforts to settle trade in local currencies, alongside talks on energy cooperation and boosting bilateral commerce.

FedEx launches new integrated hub at Bengaluru airport to boost exports

The launch comes as the airport advances plans to nearly double its annual cargo capacity to 1 million metric tonnes, positioning Bengaluru as a critical export gateway

CEA Nageswaran isn't 'losing sleep' over depreciating rupee, says it's 'not hurting' exports, inflation

Nageswaran said he is not 'losing sleep' over the weakening of the domestic currency as long as it is not hurting exports

Indian CEOs, exporters set to meet Russian delegation during Putin’s Delhi visit

The engagement could take the form of a roadshow or an exhibition featuring select exporters on December 4, and the next day will include meetings between 75 Indian business leaders and a similar number of Russian executives, sources say.

How tariffs are eating into export gains from a weak rupee

This year, steep US tariffs are offsetting the benefit of an undervalued rupee

Higher cover, structured hedging strategies: How India Inc is battling rupee depreciation, volatility

Exporters and importers are responding differently but both sides are accelerating hedge coverage, hedging their exposure using structured products and preferring shorter tenor hedges until policy and geopolitical backdrop stabilises

India’s exports bounce back in November after October slump

On special economic zones (SEZs), Union commerce and industry minister Piyush Goyal said inter-ministerial discussions are "going on very actively" to make the units in these zones competitive. Surplus capacity in SEZs can be used to reduce imports from countries such as China and ASEAN, he said.

SP Apparels: Q2 numbers buck the industry trend

The garment exporter delivered quietly when the entire sector was facing the US tariff impact

iPhone grey market exports: Crackdown begins as retailers warned against foreign SIM activations

The unprecedented alert comes as the latest iPhone 17 models virtually vanish from Indian shelves, their scarcity worsened by bulk diversion of units to high-margin destinations across Africa, the Middle East and Southeast Asia.

Pearl Global: Growth amid tariff turmoil, disruptions

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