Kolkata, February 26: India is on course to emerge as a leading global maritime hub by 2047, with ports already handling nearly 95% of the country’s trade by volume. Union Minister of State for Ports, Shipping and Waterways Shri Shantanu Thakur said the maritime sector will be central to achieving…
Tag: #ExportGrowth
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PLI Scheme Boosts Manufacturing with ₹1.91 Lakh Crore
India’s Production Linked Incentive (PLI) Scheme, backed by an outlay of ₹1.91 lakh crore, has emerged as one of the most ambitious industrial reform initiatives in recent years. With 836 approved applications spanning 14 strategic sectors, the scheme is accelerating investments, boosting exports and generating large-scale employment across the country….
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Paradip Port Drives Odisha Growth With Record Cargo
Paradip, Odisha: Paradip Port Authority has emerged as a cornerstone of Odisha’s ambitious economic transformation, achieving record cargo handling while unveiling major expansion plans that position the port as a future global maritime gateway. The port’s operational strength and strategic vision are set to play a crucial role in driving…
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“India–US Trade Deal Opens $30T Export Market”
India has achieved a landmark breakthrough in global trade with the signing of the India–United States Bilateral Trade Agreement, securing sustained preferential access for Indian exports to the U.S. market valued at over USD 30 trillion. The agreement delivers wide-ranging tariff reductions, zero-duty access for key product categories and calibrated…
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Andhra Pradesh to Lead India’s Blue Economy Under Budget 2026
Union Minister of State (Independent Charge) for Science and Technology and Earth Sciences, Dr Jitendra Singh, on Friday said that Andhra Pradesh, along with other coastal states, will emerge as the torchbearer of India’s Blue Economy mission under the strategic framework of Union Budget 2026–27. Addressing media representatives and social…
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India–EU Seal Historic Free Trade Deal After 20 Years of Talks
India and the European Union have announced a historic free trade agreement, ending nearly two decades of prolonged and often stalled negotiations. The landmark pact, unveiled in New Delhi during a high-level India–EU summit, is being hailed as the largest trade deal ever signed by India and one of the…
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Budget 2026: India’s Trade Policy Reset in Turbulent Times
New Delhi: As India approaches the Union Budget 2026, trade policy has emerged as a central economic challenge rather than a background consideration. Slowing global growth, renewed protectionism and disrupted supply chains have reshaped the rules of international commerce. For India, which remains deeply integrated with major global markets, trade…
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NITI Aayog Releases Trade Watch Quarterly on India’s Auto Exports
NITI Aayog on Tuesday released the fifth edition of its flagship publication, Trade Watch Quarterly, offering a detailed and data-driven assessment of India’s trade performance amid changing global economic conditions. The latest edition, covering the first quarter of FY 2025–26 (April–June 2025), places a special emphasis on the structure, competitiveness,…
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SAIL Achieves Record December Sales, Sustains FY26 Growth
Steel Authority of India Limited (SAIL), the Maharatna public sector steel producer, achieved a historic milestone by recording its highest-ever December sales volume of 2.1 Million Tonnes (MT) in 2025. This represents a remarkable 37% increase compared to 1.5 MT in December 2024, highlighting the company’s strong focus on customer…
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India New Zealand FTA Explained: Zero Duty Big Gains for India
India and New Zealand have finalised a landmark Free Trade Agreement (FTA) that promises zero-duty access on 100 percent of Indian exports to New Zealand, marking a major breakthrough in bilateral economic relations. Announced following a telephonic conversation between Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon,…