In a significant move to modernise India’s trade data framework, the Directorate General of Commercial Intelligence and Statistics (DGCI&S) has revised the base year of the Merchandise Trade Indices to FY 2022–23. The update replaces the earlier base of FY 2012–13 and aims to align trade statistics with current economic…
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India Pushes Maritime Law Reforms, Boosts Smart Protein
India has taken significant steps to modernise its maritime regulatory framework while simultaneously advancing indigenous biotechnology solutions to strengthen sustainability and food security. The government is accelerating implementation of key maritime laws to enhance shipping efficiency, safety, and governance, while also supporting domestic innovation in animal nutrition through cutting-edge antimicrobial…
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Sagarmala Boosts India’s Maritime Trade, Port Capacity
India’s ambitious Sagarmala Project is significantly transforming the country’s maritime trade landscape by modernizing ports, improving cargo capacity, and strengthening coastal shipping networks. The government has completed multiple infrastructure projects under the initiative, boosting efficiency, reducing logistics costs, and enhancing India’s global trade competitiveness. Union Minister of Ports, Shipping and…
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ICEGATE–LPMS Launched at ICP Agartala for Faster Trade
Shri Surjit Bhujabal, Special Secretary & Member (Customs), CBIC, today inaugurated the integration of the Indian Customs Electronic Gateway–Land Port Management System (ICEGATE–LPMS) at the Integrated Check Post (ICP), Agartala, Tripura. This strategic move marks a significant milestone in CBIC’s ongoing digital transformation of cross-border trade facilitation, promising faster, more…
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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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Piyush Goyal Boosts Global Trade at CII Summit
Union Minister of Commerce and Industry Shri Piyush Goyal held extensive discussions with global leaders and business delegations at the 30th CII Partnership Summit in Visakhapatnam on 14 November 2025. His engagements focused on strengthening trade, boosting investment flows and reinforcing India’s role as a trusted global economic partner. Addressing…
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India Deepens Trade Ties with Peru and Chile
India has advanced its economic ties with Latin America after successfully concluding two important rounds of negotiations the 9th round of the India–Peru Trade Agreement in Lima and the 3rd round of the India–Chile Comprehensive Economic Partnership Agreement (CEPA) in Santiago. Officials said both engagements made substantive progress on market…
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India Sends 20 MT Fortified Rice to Papua New Guinea
The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, has achieved a new milestone by facilitating the export of 20 metric tonnes of fortified rice from Chhattisgarh to Papua New Guinea (PNG). This marks another significant step in India’s commitment to expanding…
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India Won’t Rush Trade Deals, Piyush Goyal Clarifies
Berlin, Germany: India’s Commerce and Trade Minister Piyush Goyal emphasized that India will not rush into any trade agreements, including ongoing negotiations with the United States. Speaking at the Berlin Global Dialogue, Goyal highlighted that New Delhi seeks long-term partnerships based on trust, not external pressure. “We are in active…
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PM Modi Highlights Make in India & Maritime Growth
New Delhi: Prime Minister Shri Narendra Modi on October 24, 2025, highlighted India’s growing and resilient industrial base, emphasizing the impact of the ‘Make in India’ initiative and the modernization of ports along the strategic east-west trade corridor. Sharing an article by Union Minister Shri Sarbananda Sonowal, the Prime Minister…