GTRI Urges Tariff Overhaul to Boost India's Manufacturing
Think tank GTRI recommends simplifying India's complex import tariff structure and customs procedures to reduce trade costs and enhance manufacturing competitiveness.
Think tank GTRI recommends simplifying India's complex import tariff structure and customs procedures to reduce trade costs and enhance manufacturing competitiveness.
Think tank GTRI recommends sweeping changes to India's import tariffs and customs administration to reduce trade costs, enhance manufacturing competitiveness, and revive export growth.
Commerce Secretary Sunil Barthwal forecasts India's total exports will surge to $850 billion in 2025-26, driven by strong manufacturing and global demand.
India's exports show strategic rebalancing post-tariff, reducing US dependence while expanding in West Asia, Asia, and emerging markets. Electronics and pharmaceuticals lead growth.
Maharashtra emerged as the top performer among large states in NITI Aayog's Export Preparedness Index 2024, with Uttarakhand leading among small states and UTs.
Maharashtra emerges as India's most export-ready state in Niti Aayog's 2024 index, surpassing Tamil Nadu. Gujarat, Uttar Pradesh, Andhra Pradesh follow in rankings.
India's auto component exports surged by 9.3% in the April-September period, reaching $10.5 billion. The growth is driven by strong demand from key markets like the US and Europe.
Maharashtra emerges as the top-performing state in NITI Aayog's Export Preparedness Index 2024, followed by Tamil Nadu and Gujarat, according to the latest report.
China closed 2025 with a historic $1.2 trillion trade surplus, the largest ever recorded. Despite US tariffs, exports surged 6.6% in December, highlighting Beijing's export resilience and market diversification strategy.
Gujarat announces ambitious plan to develop Saurashtra as a massive manufacturing and export zone, projecting 15-fold GDP growth by 2047 with focus on ceramics, food processing, engineering and tourism.
Facing 50% US tariffs, India aggressively pursues new trade pacts with UK, EU, and others to diversify exports and safeguard its manufacturing ambitions. Explore the strategy and key deals.
Madhya Pradesh's Hack & Make 2026 hackathon on Jan 11 in Bhopal brings 500+ teams to create tech solutions for agriculture, exports & MSMEs. Read how it nurtures startups.
Exports from Gadchiroli district skyrocketed from ₹4 crore to ₹32 crore in four years, fueled by rice and surprising new items like locally farmed pearls. Collector aims for ₹100 crore target.
A proposed US law with 500% tariffs on Russian crude buyers could severely impact India's export market. Learn about the bill's details and its potential consequences for India's economy.
EAC-PM Chairman Prof S Mahendra Dev reveals India's four-pronged strategy against US tariffs, highlights export diversification and FTAs. Learn how India aims to increase its global GDP share to nearly 25%.
India's exports to China surged 33% to $12.22 billion from April-November 2024-25, driven by electronics, agriculture, and metals. This marks a structural shift as trade with the US faces high tariffs. Read more.
India's exports to China grew by 33% from April to November 2025, driven by oil meals, telecom gear, and spices. Discover the key drivers behind this major trade shift.
Citi's Sector General warns of rising pessimism in India's textile sector as US proposes steep tariff hikes. Key apparel exports face a 25% duty threat. Read the full analysis.
India's gem and jewellery industry is poised to achieve a $100 billion export milestone by 2047, reducing reliance on traditional markets. Read the full story.
Rajkot gears up to host the Vibrant Gujarat Regional Conference for Saurashtra-Kutch on Jan 11. Explore the city's industrial evolution and its future as a global manufacturing hub.
China has immediately banned exports of dual-use goods to Japan, citing national security. The move escalates tensions linked to Taiwan. Read the full details and implications.
India launches a massive ₹25,060-crore Export Promotion Mission to slash MSME export costs, ease credit stress, and access new global markets. Learn how this 5-year plan works.
Mint Plain Facts: Major central banks tread carefully in 2026 as US intervenes in Venezuela's oil, China tightens export controls, and US growth surprises. Analysis of global ripples and India's impact.
India's seafood exports grew 16% to $4.87 billion in Apr-Oct FY26 despite US tariffs. Exports to Vietnam soared 110%, China up 19%. Read how India is diversifying its markets.
India's manufacturing sector growth eased in December 2024, with the HSBC PMI hitting a two-year low of 55.0. Export orders and employment moderated, while business sentiment weakened. Explore the key drivers and implications.
The Indian government launches two key financial schemes to boost MSME exports: an interest subvention of 2.75% and a collateral guarantee up to 85%. Learn how this ₹25,060 crore mission aims to slash export costs.
Indian government launches a ₹7,295 crore export support package with interest subvention and collateral guarantee schemes for MSME exporters, running from 2025 to 2031. Read details.
A Parliamentary Standing Committee visited Amritsar to gather feedback from local industry leaders on challenges and opportunities. The aim is to shape national policies for industrial growth and export promotion.
As manufacturing and IT face headwinds, India's next growth engine could be medical tourism. With skilled doctors and cost advantage, India aims to capture 25-30% of the $100B global market by 2030. Discover the potential.
Cochin International Airport Ltd (CIAL) enhances cargo infrastructure, doubling export capacity to 125,000 MT. New facility features cold rooms, X-ray machines & specialized zones for efficient, secure handling. #Kochi #Logistics