India’s electronics exports surged from $8.6 billion in 2015 to $42 billion in 2024. Electronics now account for 10% of export basket, making them India’s 2nd-largest export sector.
One of the steepest tariffs imposed by the Donald Trump-administration continue to deal a heavy blow to India’s textile, handicraft, apparel, gems and leather industries.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Data shows Indian exports to the US in the first seven months of this financial year crossed $50 billion. Electronic & engineering goods, drugs & pharmaceuticals drive exports.
At a policy dialogue held by Chintan Research Foundation, experts discussed the importance of export-led growth & how need for innovation is more acute in a changing global trading regime.
As India-Russia trade decreases, India's April-July exports to the US this year increased by 21% compared to last year & imports from the US grew by 12%.
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.
Initial talks held on the possibility of India entering the programme that was started in 2017 between France, Germany and Spain to ensure European sovereignty in defence and security.
Nothing will happen to this country. India will become even more protectionist, just wait and watch. India will remain a forever future country. As the Chinese say: we just talk!
Aur gun hold karne wale Saheb is the new Sheriff in town, the headman of the global village. 2. If this is not too harsh an observation, India has suffered a wasted decade. Such magnificent mandates are not redeemed by building toilets and opening bank accounts. 3. It should also be clear to our national security complex that this is not the economy that prepares us for the Chinese threat, or support the role India aspires to play on the global stage. 4. 1,500 to 2,000 Nepalis fleeing the country each day one can understand. But why the stampede out of India, across education and skill levels. 5. J R D Tata used to say about India’s future, I am a pessimist in the short term, an optimist for the long term. Feel the same way, but sharing the Editor’s year of birth, would be happy to see some more good stuff happening in the short term.
In Modi government, another parallel threat for doing business is, favoring Adani and Ambani by launching the ED and other government instruments, rigging the courts, benefitting them in every ‘grab’. In congess govrnment, the threat was sitting on files endlessly until big payments were made.
As a hardcore capitalist, i see this as comeuppance for ‘tariff king’ India. Socialist governments killed our poor country with high tariffs for too long.
Nothing will happen to this country. India will become even more protectionist, just wait and watch. India will remain a forever future country. As the Chinese say: we just talk!
Aur gun hold karne wale Saheb is the new Sheriff in town, the headman of the global village. 2. If this is not too harsh an observation, India has suffered a wasted decade. Such magnificent mandates are not redeemed by building toilets and opening bank accounts. 3. It should also be clear to our national security complex that this is not the economy that prepares us for the Chinese threat, or support the role India aspires to play on the global stage. 4. 1,500 to 2,000 Nepalis fleeing the country each day one can understand. But why the stampede out of India, across education and skill levels. 5. J R D Tata used to say about India’s future, I am a pessimist in the short term, an optimist for the long term. Feel the same way, but sharing the Editor’s year of birth, would be happy to see some more good stuff happening in the short term.
In Modi government, another parallel threat for doing business is, favoring Adani and Ambani by launching the ED and other government instruments, rigging the courts, benefitting them in every ‘grab’. In congess govrnment, the threat was sitting on files endlessly until big payments were made.
As a hardcore capitalist, i see this as comeuppance for ‘tariff king’ India. Socialist governments killed our poor country with high tariffs for too long.