All posts tagged: India exports

‘India Has Many Options’: Govt Sources Reject Criticism Over US Trade Deal | India News

‘India Has Many Options’: Govt Sources Reject Criticism Over US Trade Deal | India News

Published by Webster

Last Updated:February 03, 2026, 12:45 IST Government sources said India now has “many options” through new markets and FTAs, as the United States cut tariffs under the new deal announced. Donald Trump with PM Narendra Modi (Photo: PTI) India now has “many options” on trade and exports, government sources told CNN-News18 on Tuesday, pushing back against the Opposition criticism over the newly-announced trade deal with the United States. The remarks came amid debates that the 18 per cent tariff rate announced under the new agreement with the United States was still too high. According to the sources, New Delhi has followed a two-pronged strategy in recent years, seeking access to new markets while simultaneously promoting a wider basket of export products. They said the series of free trade agreements signed with other countries has diversified India’s commercial partners and reduced dependence on any single market. Handpicked stories, in your inbox A newsletter with the best of our journalism submit First Published: February 03, 2026, 12:42 IST News india ‘India Has Many Options’: Govt Sources Reject …

India’s Exports Growing Despite US Tariff Hike: Commerce Ministry To Parliamentary Panel | India News

India’s Exports Growing Despite US Tariff Hike: Commerce Ministry To Parliamentary Panel | India News

Published by Webster

Last Updated:November 27, 2025, 22:14 IST The commerce ministry told the parliamentary panel that there has been an increase in outbound shipments during April-October as compared to the same period last year Opposition MPs expressed concern, noting that while India views the US as a key partner, the sanctions were unexpected. (Image: PTI/File) India’s exports have continued to grow despite the hike in tariffs imposed by the United States, the commerce ministry told a parliamentary panel on Thursday. According to the commerce ministry, there has been an increase in outbound shipments during April-October as compared to the same period last year. The parliamentary standing committee on commerce convened under chairperson and TMC’s Rajya Sabha MP Dola Sen to review India-US relations, focusing on recent US tariff hikes. Senior officials from the commerce ministry, including commerce secretary Rajesh Agarwal, provided a comprehensive presentation. Officials stressed that domestic production remains the Centre’s primary priority, highlighting its significant contribution to India’s economy over the export sector. Members from different parties questioned why a developing, welfare-oriented country like India …

India’s electronic goods exports up by 37.9% so far this year

India’s electronic goods exports up by 37.9% so far this year

Published by Parlour News

India’s electronic goods exports jumped 37.9% to $26.29 billion in the first seven months of 2025-26 compared to $19.07 billion in the same period of the previous year, primarily led by the US, followed by the United Arab Emirates and China, according to government data. The strong performance signals demand recovery and India’s enhanced manufacturing capabilities. (HT Archive) The US saw a robust 135.9% jump in the value of electronics exports to $12.08 billion in the first half of FY26 compared to $5.12 billion in the first half of FY25, topping the list in terms of absolute value, commerce ministry data showed. Certain electronics and smart phones are among the sectors exempted from the Trump administration’s 50% tariff regime on Indian goods, allowing Indian manufacturers to maintain competitiveness in the crucial American market. The UAE became the second-largest export destination in terms of absolute value, registering 62.6% annualised growth to $2.30 billion in the period. Exports to China also witnessed a sharp year-on-year increase of 125.8%, touching $998.98 million, driven by specialised components and intermediate …

Amid Trump Tariffs, S Jaishankar, US Counterpart Push For “Early Trade Deal”

Amid Trump Tariffs, S Jaishankar, US Counterpart Push For “Early Trade Deal”

Published by Webster

New Delhi: India likes to do things differently. While the world has been struggling to get back on its feet after US President Donald Trump pulled the rug from underneath, with his reciprocal tariffs announcement, some nations, like China and Canada retaliated shortly after, with tit-for-tat tariffs. While China countered the US’ 34 per cent with the same figure, Canada mirrored the US by announcing a 45 per cent levy on the automobile sector. Several other nations reached out to Washington in order to renegotiate its own tariffs in order to evade Trump’s reciprocal move. India took a different route. It said it will not retaliate to US’ 26 per cent tariff announcement, nor will it reduce the tariffs it already imposes on America. Instead, New Delhi reportedly plans to absorb, adjust, and rework the trading dynamic in a way that President Trump’s reciprocal tariffs will have a minimal impact on Indian exporters. At the same time, both nations are accelerating trade talks to put in place a “win-win” trade deal. Even before Donald Trump …

Trump tariffs: What it means for India | Latest News India

Trump tariffs: What it means for India | Latest News India

Published by Parlour News

Apr 04, 2025 04:00 AM IST Trump’s new tariffs raise costs for Indian goods in the US, risking India’s export market unless retaliatory measures are taken. What do Trump’s reciprocal tariffs mean for India? As of now, they entail a massive increase in tariffs faced by Indian goods in the US markets. Trump’s 27% adjusted reciprocal tariff on India will be over and above the tariffs that were there on Indian goods. A Barclays research report issued last week estimated that India faced a tariff of 2.7% on its exports to the US, while US exports to India encountered a tariff of 10.5%. Unless India retaliates to the US’s latest tariffs – there are no such indications from the Indian government as of now – it is Indian exports that will now face a higher tariff in the US than US exports to India. President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday.(AP) Will this lead to a significant loss of export market for …