India’s palm oil imports in May surged to a six-month high, as lower inventories and the tropical oil’s discount to rival soy oil and sunflower oil prompted refiners to increase purchases, according to five dealers. Higher palm oil and soy oil imports by India, the world’s biggest buyer of vegetable oils, could support Malaysian palm oil […]

Ekart, one of India’s leading logistics and supply chain providers, is now live on Open Network for Digital Commerce (ONDC), marking a significant step forward in the expansion of e-commerce logistics infrastructure. The integration brings Ekart’s pan-India capabilities to a growing base of network participants, offering sellers and brands of all sizes, from MSMEs to large […]

American electric carmaker Tesla Inc. has leased 24,565 sq. ft. of space at Lodha Logistics Park in Mumbai’s Kurla West. The transaction adds to the Elon Musk-promoted company’s steady expansion of its real estate footprint in India—through offices, showrooms, and now warehousing—as it inches towards an expected market entry. The five-year lease was signed between Tesla […]

British airline Virgin Atlantic is betting big on the “tremendous opportunities” in the Indian market and expects to carry more cargo from the country as business activities are set to rise with the India-UK free trade agreement. The carrier, which has been flying to India for 25 years, currently operates five flights daily from Delhi, Mumbai […]

Foreign importers are seeking updates from their Indian suppliers on the elevated geopolitical tensions with Pakistan amid slow cargo movement in certain ports, while some banks are taking longer to check documents related to shipments bound for Turkiye, exporters said, though ruling out any major concern in trade. “There were alerts for ports such as […]

India is expected to double its market share from 6 per cent in 2024 to 12 per cent in the UK’s readymade garments (RMG) imports, translating into an incremental annual export opportunity of around USD 1.1-1.2 billion in the near to medium term, according to CareEdge Ratings. On May 6, India and the UK successfully concluded […]

In a first, Indian banks are being pushed to accept ships as collateral for shipbuilding loans – a bold move to turbocharge India’s maritime sector, senior officials from the Ministry of Ports, Shipping and Waterways (MoPSW) said. With a policy push being in the works, plans are afoot to finalise the contours of the Maritime Development […]

As the US-China tariff war intensifies, the Indian toy industry leaders are calling the situation a “golden opportunity” to position India as a major export hub for toys, especially to the United States, a trade body official said on Sunday. The US recently imposed a steep 145 per cent tariff on toy imports from China – […]

India’s seafood exporters are gearing up to dispatch between 35,000 and 40,000 tonnes of shrimp to the United States, following the announcement of a pause in the implementation of steep new tariffs by the US president Donald Trump. Industry officials confirmed on Monday that orders from American buyers remain stable after Trump delayed the 26 per […]

Indian exporters are expected to face a steep rise in freight rates following U.S. President Donald Trump’s decision to pause reciprocal tariffs for 90 days. The temporary relief, announced on April 9, reduces tariff levels to 10% for countries including India, while continuing to exclude China. The development has triggered a wave of front-loaded shipments, leading to a […]