Electronics—specifically smartphones—& energy & pharma products make up 30% of Indian exports to US. 25% tariff on India came into effect Thursday, extra 25% to kick in by August-end.
Trade deal is set to cut average tariffs from 15% to 3%. Indian agricultural exporters are set to enjoy duty-free access in a number of sectors, similar to those from Germany.
Trade data shows India exported cotton yarn valued at $3.57 billion in 2024, and Bangladesh was the largest recipient, accounting for about 45.9% of India's total cotton yarn exports.
Trump threatening to pull the trigger might be just what is needed to wake up India’s self-congratulatory establishment from its headline-managing fantasies.
Analysis of Indian data shows merchandise accounts for a shrinking share of India’s total export basket. This decline has accelerated since 2014, despite Modi govt's ‘Make in India’ push.
India posted healthy growth in exports in October, even as imports grew sequentially. Donald Trump’s policy stance will have significant impact on India’s trade balance with US.
Donald Trump has been vocal about India’s high import tariffs and has threatened retaliation. Simultaneously, his tough stand on China could see Chinese goods flood India.
PM Modi has sought to incentivise manufacturing in India through PLI schemes, but the components have come mainly from China, with Indian companies only engaged in assembling.
If there is bad blood between the CEC and the Opposition leaders, it will shake the people’s faith in election results. It’s the worst thing that could happen to Indian democracy.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
The deal, believed to be paid for by a third nation, will give the Sudanese Armed Forces access to light attack aircraft, engines, armoured fighting vehicles & unmanned aerial vehicles.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
COMMENTS