US aluminium imports have surged in recent months as strong industrial demand from the automotive, aerospace, construction and renewable energy sectors drives shifts in global logistics and air cargo patterns. Industry data shows a marked increase in inbound aluminium shipments, particularly higher-value and semi-finished products, as manufacturers seek to secure timely supplies amid tight inventories […]
Even as global economic uncertainty drags down trade, Indian pharmaceutical exporters are seeing growth in Brazil and Nigeria as both countries are emerging as important overseas markets. Data by the commerce ministry data shows that Nigeria has been a major driver of this shift. During the first eight months of the current financial year, exports […]
Amid reports suggesting that India may exit Iran’s Chabahar port project due to pressure from the United States, the government on Friday clarified that it remains in close engagement with Washington to operationalise the sanctions waiver granted for the strategic port. Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said the US Department of the […]
The United States (US) President Donald Trump on Monday (India time) stated that Washington could raise tariffs on Indian imports if New Delhi does not cease purchasing Russian oil. “They (India) wanted to make me happy, basically. Modi is a very good man; he is a good guy. He knew I was not happy, and […]
India’s onion exports picked up in December after Bangladesh resumed purchases following a three-month suspension. The ban had been introduced by the Bangladeshi authorities to support domestic producers, but was lifted as local prices increased. According to market sources, exporters in India had accumulated around 30,000 metric tons of onions at the India–Bangladesh border by […]
Apple has achieved a major manufacturing milestone in India, with iPhone exports crossing $50 billion under the government’s Production-Linked Incentive (PLI) scheme, underscoring the country’s rising importance in the global electronics supply chain. The landmark was reached within Apple’s five-year participation period under the PLI programme for smartphones, reflecting rapid scale-up in local manufacturing and […]