Category: News
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India’s Total Export Value Reaches USD 860 Billion in FY 2025-26
India’s total exports of goods and services reached USD 860 billion in the financial year 2025-26, making the highest level recorded to date, according to the Union Minister of Commerce and Industry, Piyush Goyal. Record Milestone Shows Increased Growth Across Goods and Services Trade This latest figure represents an increase from USD 825 billion in 2024-25, indicating continued expansion in India’s overall…
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Hormuz Crisis Locks Down UAE’s Trade Arteries, Leaving Global Oil & Gas Buyers Exposed
Dubai’s Jebel Ali Port loses $530m in daily trade as procurement teams look for alternatives. The 2026 Strait of Hormuz crisis, triggered by the US-Israeli conflict with Iran, has dealt a direct blow to the UAE’s role as a global trade hub. As a result, international oil & gas buyers are confronted in real time.…
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India-UK FTA to Move Toward Implementation and Further Trade Access
The India-UK FTA moves towards implementation. Both countries are on track for an April 2026 start date as soon as contingent approvals from the UK Parliament come through. Implementation Progress and Market Access The agreement is expected to support tariff reductions and increase bilateral trade flows. Under the CETA (Comprehensive Economic and Trade Agreement), 99% of Indian exports are set to enter the UK…
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India-US pact expands market access for auto component exports
India-US trade measures introduce preferential tariffs for auto components, supporting expanded market access and export participation for Indian suppliers.
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India’s garment exports stable amid changing trade conditions
India’s ready-made garment exports recorded marginal growth during April 2025 to February 2026, as exporters navigate evolving demand, costs, and global sourcing patterns.
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Revenue secretary highlights role of customs reforms for MSMEs and India’s manufacturing drive
Revenue Secretary Arvind Shrivastava says customs reforms centred on technology and stakeholder partnership will help exporters, MSMEs and manufacturing access global markets.
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Engineering goods exports rise 10.4% in January 2026, surpass $100 billion in FY26
India’s engineering goods exports recorded a 10.4% year-on-year increase in January 2026, reaching US$10.40 billion, driven primarily by strong shipments of copper, iron and steel, and motor vehicles. The sector also crossed a major milestone during the fiscal year, with cumulative exports exceeding US$100 billion for the first time. Sector crosses a major export milestone…
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Government extends export obligation timelines amid West Asia disruptions
Government extends export obligation timelines to August 2026 to support exporters facing shipping and logistics disruptions linked to the West Asia crisis.
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Export Promotion Mission seen supporting apparel sourcing growth
The Apparel Export Promotion Council (AEPC) has welcomed incentives announced under the Export Promotion Mission (EPM), describing the initiative as a timely step that could support India’s apparel exports and sourcing capabilities across global markets. According to the AEPC, the programme could support both emerging apparel brands and established exporters by strengthening access to global…
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EU, UK apparel brands increase India engagement ahead of FTA ratification
UK and European brands, including Marks & Spencer, Primark, Next, C&A, and Mothercare, have stepped up engagement with Indian manufacturers as free trade agreements with the United Kingdom and European Union move closer to ratification. Exporters in Tiruppur report an increase in factory visits, technical audits, and discussions about expanding sourcing volumes. “Brands such as…