India’s textile exports face short-term challenges due to steep US tariffs, but the India-UK Free Trade Agreement (FTA) and potential EU deals offer significant growth opportunities. Duty-free access to the UK market, government support measures, and diversification into new markets are expected to offset losses, ensuring long-term resilience for RMG,...
India’s trade registered steady growth in July 2025, supported by robust sales to the United States and healthy performance across key sectors, according to provisional data released by the Ministry of Commerce & Industry,. Exports — both merchandise and services — grew to US$ 68.27 billion in July 2025, marking...
India’s bold move to expand its export outreach to 50 new markets marks a pivotal shift in its economic strategy, driven by the urgent need to counter the crippling impact of escalating US tariffs. As global trade dynamics evolve amid geopolitical tensions, this diversification effort underscores New Delhi’s determination to...
India–US pharmaceutical trade is facing fresh challenges as the United States’ recent tariff policies, particularly those targeting Indian pharmaceutical exports, have sparked intense debate within the global healthcare industry. Indian drug makers, who supply nearly 40% of the generic drugs consumed in the US, are sounding alarms over the potential...
Nomura has warned that India’s GDP growth could fall to 6% in FY26 if trade talks with the US fail and the recently US imposed 25% tariffs on Indian exports remain unchanged. With key sectors like pharmaceuticals at risk and the US accounting for 18% of India’s exports, the brokerage...
India’s exports face a major setback after the US imposed a 25% tariff and an unspecified penalty on Indian goods, citing high tariffs and non-tariff barriers. The move comes after the failure to conclude a bilateral trade agreement by the August 1 deadline. Key export sectors like pharmaceuticals, marine products,...
With the US imposing steep tariffs and China tightening its grip on global supply chains, global trade is undergoing a major realignment. India, caught between these two powers, faces both challenges and opportunities. While China uses diplomacy, diversification, and logistics control to solidify its trade position, India must act fast—by...
The recent escalation of US tariffs under the Trump administration has sparked global trade tensions, with India now facing potential reciprocal duties starting April 2. Given that the US is India’s largest single-country export destination, these tariffs could pose significant risks to key Indian export sectors. Centre for Advanced Trade...
Former Vice Chancellor of IIFT, Dr. Manoj Pant, analyzes the strategic implications of US tariff actions, arguing they serve as negotiation tactics rather than a full-scale trade war. He highlights the potential weakening of the WTO and the growing shift toward bilateral agreements. Dr. Pant discusses how tariffs could accelerate...
Dr. Arpita Mukherjee, Professor at ICRIER examines the implications of U.S. tariff actions on global trade and multilateral frameworks. She highlights the challenges India faces in leveraging the China+1 strategy, emphasizing the need for policy clarity and tariff rationalization. Discussing a potential Bilateral Trade Agreement with the US, she underscores...
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