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New Delhi, Dec 15 (SocialNews.XYZ) Leading industry bodies on Monday expressed satisfaction over the strong performance of India's exports in November despite global uncertainties and 50 per cent US tariffs, reflecting the resilience and competitiveness of the country's export sector. India's merchandise exports rose to $38.13 billion in November, registering a robust year-on-year growth of 19.37 per cent. Merchandise imports during the month stood at $62.66 billion. On the services front, exp ...Read More >
New Delhi, Oct 3 (SocialNews.XYZ) Industry association Engineering Export Promotion Council of India (EEPC India) on Friday welcomed the relaxation of Merchanting Trade Transaction (MTT) rules, saying that it would significantly improve the ease of doing business, particularly for small exporters and retailers. The Reserve Bank of India (RBI) has eased the MTT rules by extending the time period for outlay of foreign exchange from four to six months, effective as of October 1, 2025. The central ...Read More >
Themed 'Gateway to Growth: Harnessing Opportunities under India-UK CETA', the programme brought together senior government officials, diplomats, Export Promotion Councils (EPCs), industry leaders, and trade associations to deliberate on the transformative potential of the agreement for Indian exporters. The outreach event marked a crucial step towards strengthening India-UK trade ties and positioning Indian exporters to make the most of the CETA agreement. Anna Shotbolt, deputy trade commission ...Read More >
New Delhi: Driven primarily by higher shipments of automobiles, auto components, industrial machinery, and some basic metals, India's engineering goods exports recorded 4.91% year-on-year growth in August 2025. Engineering exports in August 2025 were recorded at US$9.9 billion, as against US$9.4 billion in the same month last year. The US remained the top destination for engineering exports from India with shipments rising 7.2% year-on-year to US$1.68 billion in August this year. On a month-o ...Read More >
NEW DELHI: Goods exports rose 6.7% to $35.1 billion in Aug - possibly due to exporters advancing shipments to beat higher US tariffs - while imports dropped 10% to $61.6 billion, helping narrow the trade deficit."Despite global uncertainty, the trade policy uncertainty, India's exports have done extremely well. It shows that the policies have worked very well," said commerce secretary Sunil Barthwal. Aug marked the second straight month of near 7% export growth after two straight months of decli ...Read More >
India's goods exports increased 6.7 per cent (year-on-year) in August 2025 to $35.10 billion fuelled by sectors such as gem & jewellery, engineering, electronics and petroleum products. Shipments to Washington continued to be front-loaded by exporters to avoid the brunt of US tariffs but there was a slowdown compared to the previous months, per data released by the Commerce & Industry Ministry on Monday. Trade deficit narrowed significantly to $26.49 billion in August 2025, from $35.64 billion ...Read More >
Kolkata, Sep 12 (PTI) The Engineering Export Promotion Council (EEPC), India, has urged the government to provide support to absorb a part of the punitive tariff imposed by the US on engineering exports. It also requested the Centre to reinstate the Interest Equalisation Scheme (IES) and ensure affordable export finance. During a meeting with Reserve Bank of India Governor Sanjay Malhotra, EEPC India Chairman Pankaj Chadha stated that the engineering sector was under pressure due to the recent ...Read More >
New Delhi [India], September 8 (ANI): Union Minister of Commerce and Industry Piyush Goyal on Monday said India has the strength to overcome any global crisis and urged businesses to focus on swadeshi products and Atmanirbhar Bharat. Addressing the 56th EEPC India National Awards in New Delhi, Goyal said, No matter how big the problem arises in the global situation, India stands together as a nation. The country has the strength to overcome any crisis. Goyal further emphasised that businesses ...Read More >
MUMBAI/NEW DELHI, Aug 26 (Reuters) - Indian exporters are bracing for disruptions after a U.S. Homeland Security notification confirmed Washington would impose an additional 25% tariff on all Indian-origin goods from Wednesday, ramping up trade pressure on the Asian nation. Indian exports will face U.S. duties of up to 50% - among the highest imposed by Washington - after President Donald Trump announced extra tariffs as punishment for New Delhi's purchases of Russian oil. The new duties will ...Read More >
Kolkata, Jun 27 (PTI) The country's engineering exports conceded a marginal fall of 0.82 per cent year-on-year to USD 9.89 billion in May due to a higher statistical base and geopolitical tensions in West Asia, EEPC India said in a statement. According to EEPC, the share of engineering goods in the country's overall merchandise exports increased to 25.53 per cent during this period. India's engineering exports to the US, a top destination among major exporting countries, remained positive in M ...Read More >
Kolkata, Jun 27 (PTI) The country's engineering exports conceded a marginal fall of 0.82 per cent year-on-year to USD 9.89 billion in May due to a higher statistical base and geopolitical tensions in West Asia, EEPC India said in a statement. According to EEPC, the share of engineering goods in the country's overall merchandise exports increased to 25.53 per cent during this period. India's engineering exports to the US, a top destination among major exporting countries, remained positive in M ...Read More >
New Delhi, June 27 (SocialNews.XYZ) India's engineering goods exports to the US registered a 4.6 per cent increase to $1.74 billion in May this year, compared to the same month of the previous year, despite the uncertainty created by the tariff hikes announced by President Donald Trump. Similarly, the exports of engineering goods to European countries such as Germany, the UK and the Netherlands also showed positive growth in May this year. Commenting on May trade data, Pankaj Chadha, Chairman, ...Read More >
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