India Imports

As Indonesia curbs exports, Indian palm oil imports could fall to 11-yr low

Lower palm oil purchases by the world's biggest vegetable oil importer could put pressure on Malaysian palm oil prices and may lift soyoil imports to record highs and support U.S. soyoil futures price

Will the govt's plan to prune import dependency in a new avatar work?

The aim is to boost domestic output, without raising tariffs or providing subsidy, of items on whose imports India is heavily dependent. The plan is to start with consumer and capital goods

Exports up 30.7% to $40.19 bn in April; trade deficit widens to $20.11 bn

India imported goods worth $60.3 billion, up nearly 30 per cent on year in April

Exports up 24% to $38 bn in April; trade deficit widens to $20 bn

Imports during the month under review grew by 26.55 per cent to $58.26 billion

India, Mauritius pact may include safeguard mechanism related provisions

India-Mauritius trade agreement may include safeguard mechanism related provisions to protect the domestic industry from a sudden or unusual surge in imports of goods

West notwithstanding, imports from Russia jump 33% to $1.1 bn in March

India's exports to Moscow fall 75% in March over Feb

Why we must clearly define atmanirbharta and our reasons for chasing it

Employment deficit is a bigger problem for India than trade deficit. That and the feasibility question should not be lost in PLI's search for strategic self-reliance, writes T N Ninan

Polishing industry faces production cut amid delay in rough diamond imports

The industry is facing a hit of at least 30-40 per cent to its production capacity, due to delayed diamond imports.

India in a divided world: Keeping old friendships and cultivating new ones

The question for India, as a middle or swing power with long-term external dependencies for energy and military hardware, is how to not let old friendships come in the way of new ones, notes T N Ninan

Tariffs to be eliminated on over 85% of Australian goods exports to India

The Australia-India Economic Cooperation and Trade Agreement will be signed on Saturday in a virtual ceremony by Trade Minister Dan Tehan and India's Minister of Commerce & Industry, Piyush Goyal

Solar cells import jumps to $3,447 mn in Apr-Jan; most shipment from China

Solar cells import rose to USD 3,447 million (around Rs 26,000 crore) during April-January 2021-22 as compared to USD 572 million in the previous financial year, Parliament was informed on Thursday. The imports were worth USD 1,684 million in 2019-20 and USD 2,160 million in 2018-19, New & Renewable Energy Minister R K Singh said in a written reply to the Lok Sabha. During April-January 2021-22, the maximum import was from China at USD 3,117.78 million. In another reply, the minister stated that the government has set a target of installing 100 GW solar power capacity by December 2022 in the country. Against this, projects of 108.91 GW have either been commissioned or are in the pipeline. Total 50.78 GW of solar power capacity has been installed as on February 28, 2022. About 44 GW capacity is at various stages of implementation and 13.86 GW capacity is under bidding stage, the minister said.

India's Chinese imports slip 7.2% to $65.21 bn in 2020-21; exports up 26%

Imports from China declined 7.2 per cent to USD 65.21 billion in 2020-21 from USD 70.31 billion in 2018-19, Parliament was informed on Friday

India imports 651.24 tonnes of gold in financial year 2020-21, says govt

The import of toys, games, sports equipment from China is showing a declining trend

Piyush Goyal asks auto cos to cut import dependence, increase innovation

Commerce and Industry Minister Piyush Goyal expressed disappointment over certain auto companies continuing to import even those components which can be qualitatively manufactured in India.

Exports of some products from India likely to be affected, says govt

Exports of certain products such as pharmaceuticals, telecom instruments, tea, coffee, and marine goods from India are likely to be affected due to the ongoing Russia-Ukraine conflict.

Global coal prices at record high, to increase India's import bill

The ongoing conflict between Ukraine and Russia is likely to have a bearing on the supply of thermal coal

What does Indian trade stand to lose and gain from Russia-Ukraine conflict?

While our import and export to the two warring nations have been hit adversely, there are some sectors which stand to gain

Shooting a bunch of missiles at the architecture of globalisation

The West's attempt to bring Vladimir Putin to heel by weaponising everything from aircraft spares to finance will have much wider repercussions, writes T N Ninan

'Make in India' need of hour if seen through prism of national security: PM

'Today, the world is looking at India as a manufacturing powerhouse,' Modi said while addressing DPIIT's webinar on 'Make in India for the World'

Make in India, cutting imports dependency need of the hour: PM Modi

Prime Minister Narendra Modi on Thursday said Make in India is the need of the hour and appealed to the industry to reduce dependence on imports and boost domestic manufacturing