Categories
1 Minute-Read

India to miss $1trillion export goal

India’s exports for FY26 are projected at around $850 billion, falling short of the $1 trillion target, according to the Global Trade Research Initiative (GTRI).

Sluggish global demand, especially from the US and EU, and rising protectionism are limiting merchandise export growth. While India has signed 18 free trade agreements, GTRI notes that more effort is needed to make them effective.

Expanding export products and markets, along with improving competitiveness, will be crucial. Services exports may help offset shortfalls, but without strategic action, the $1 trillion milestone remains out of reach.

Categories
1 Minute-Read

India gains edge as exports beat US tariffs

India’s exports to the United States rose over 22% in November, defying steep US tariffs imposed by the Trump administration.

Total exports reached their highest November level in a decade, easing fears of a tariff-driven slump. The rise gives India leverage in ongoing trade talks, reducing pressure to make immediate concessions.

Analysts say the resilient performance signals India’s economy can withstand trade tensions, potentially supporting calls to lower reciprocal duties.

This export growth strengthens New Delhi’s negotiating position with Washington amid stalled discussions on tariffs and trade barriers.