India faces a major trade disruption after the US imposed a 50% tariff on Indian exports, threatening US$ 49 billion and heavily impacting sectors like carpets, apparel, gems, and made-ups. To mitigate risks, the government has rolled out a phased strategy: short-term measures include liquidity support, SEZ relaxations, GST rationalisation,...
India is aggressively expanding its FTA network to drive export-led growth, with the impending India-Oman CEPA holding strategic importance despite Oman’s smaller size. Bilateral trade, though historically deficit-ridden for India, shows rebalancing potential, with exports growing at 14.1% CAGR, outpacing imports. Energy dominates trade, but high-growth sectors like chemicals (122.9%...
India and Canada have agreed to resume free trade agreement (FTA) negotiations and restore diplomatic ties, starting with the return of High Commissioners. The talks, paused since September 2023, aim to advance the Early Progress Trade Agreement (EPTA) and eventually conclude a Comprehensive Economic Partnership Agreement (CEPA). Both nations emphasized...
As India and the United States deepen their strategic and economic partnership, a Bilateral Trade Agreement (BTA) holds significant promise for transforming agri-food trade between the two nations—if crafted strategically. The Centre for Advanced Trade Research (CATR), the research division of the Trade Promotion Council of India (TPCI), explores this...
In May 2025, India and the UK signed a Free Trade Agreement eliminating tariffs on 99% of Indian exports and 90% of UK imports. With projected trade growth of 15% annually, the deal opens major opportunities for sectors like textiles, engineering, and luxury goods—offering a competitive edge for Indian exporters...
Dr. Arpita Mukherjee, Professor at ICRIER, discusses the key challenges and opportunities in global food security, trade policies, and supply chain resilience. She highlights how disruptions like the COVID-19 pandemic and the Russia-Ukraine war have exposed vulnerabilities in global food supply chains. Emphasizing the need for policy stability, she critiques...
India has had limited success in benefiting from the ‘China Plus One strategy,’ while countries like Vietnam, Thailand, Cambodia, and Malaysia have gained more from factors such as lower labor costs, simplified tax laws, reduced tariffs, and active Free Trade Agreements, according to Niti Aayog report. It said that the...
India and Peru are advancing toward a free trade agreement (FTA) expected to be finalized in 2025, which would strengthen their growing economic relationship. Bilateral trade between the two nations has seen consistent growth, driven largely by gold exports to India, with exports to India reaching US$ 3.5 billion between...
India is in the process of re-negotiating its free trade agreement with ASEAN to address a widening trade deficit and seek deeper tariff cuts on exports like chemicals and gems. The review also aims to strengthen rules of origin to prevent trade misuse. ASEAN may request more concessions. The process...
The global economic landscape is marked by a decline in world trade, as indicated by the World Trade Organization’s forecast of slowing trade growth in 2023 due to multiple global economic slowdowns. This challenging environment is mirrored in India, where India’s exporters face challenges, with a slowdown anticipated globally due...
India Business & Trade is a thought leadership initiative of the Trade Promotion Council of India, a premier trade promotion body recognised by the Department of Commerce, Government of India.
India Business & Trade
M-62, Saket, New Delhi-110064, India
Stay ahead in the dynamic world of trade and commerce with India Business & Trade’s weekly newsletter.
Copyright © 2026 India Business & Trade. All Rights Reserved
