The Indian government is currently evaluating a potential reduction in import duties on raw cotton as domestic production hits a five-year low. This policy shift, under review this month in New Delhi, aims to stabilize the volatility currently plaguing the domestic textile sector, which has been struggling with soaring input costs and dwindling supply. The…
The Indian economy is projected to expand by 7.4% in the 2025-26 fiscal year, according to the government’s First Advanced Estimates released this week. Despite escalating concerns over potential US tariff policies and global trade volatility, domestic consumption and infrastructure investment remain the primary engines driving this resilience. Contextualizing Economic Resilience The latest projections place…
Government Extends Trade Safeguards The government has officially extended the Minimum Import Price (MIP) on virgin multi-layer paper board through September 30, 2026, aiming to stabilize domestic market pricing against a surge of low-cost international shipments. This regulatory extension, which builds upon the initial mandate established in August 2025, serves as a critical fiscal barrier…
Strengthening Economic Resilience India’s Chief Economic Advisor, V Anantha Nageswaran, officially signaled this week that the nation must develop a robust supply chain security framework to match the strategic protections currently employed by the United States and China. Speaking at a policy forum in New Delhi, Nageswaran emphasized that as global trade dynamics shift toward…
The Indian government has initiated high-level diplomatic discussions with the European Union this week to secure preferential access to steel scrap exports, aiming to lower the financial burden imposed by the EU’s upcoming Carbon Border Adjustment Mechanism (CBAM). By increasing the supply of high-grade recycled steel, New Delhi intends to accelerate the decarbonization of its…
The Policy Shift Impacting Solar Manufacturing The United States government is currently evaluating the implementation of new import duties on solar panels manufactured in India, a move that could significantly disrupt the supply chains of domestic Original Equipment Manufacturers (OEMs). As the Biden administration aims to balance aggressive renewable energy targets with the protection of…
NEW DELHI, INDIA – India’s Commerce and Industry Minister Piyush Goyal announced on Thursday that free trade agreements (FTAs) finalized over the past three-and-a-half-years are projected to significantly boost the nation’s exports and create hundreds of thousands of jobs by offering duty-free market access for domestic products. Strategic Trade Pacts Underpin Economic Expansion The recent…
