marine exports
India-Russia Trade Expansion: Seeking Approvals for Marine and Pharmaceutical Exports to Reach $100 Billion Goal by 2030
Nov 14, 2025 03:10 am CST
India seeks Russia's expedited approval for marine and pharmaceutical exports as part of strategic efforts to enhance bilateral trade from current $25 billion to $100 billion by 2030. Commerce Secretary Rajesh Agrawal's Moscow visit resulted in a comprehensive trade protocol covering multiple sectors including engineering, chemicals, electronics, and IT services, with both nations committing to explore payment solutions benefiting businesses of all sizes.
India's Exports to US Decline 37.5% Between May-September 2025: GTRI Analysis Reveals Sector-Wide Impact
Nov 03, 2025 02:21 am CST
A comprehensive analysis by the Global Trade Research Initiative (GTRI) reveals that India's exports to the United States have dropped by 37.5% between May and September 2025, falling from $8.8 billion to $5.5 billion. This significant decline affects multiple sectors including pharmaceuticals, textiles, metals, and solar panels, coinciding with the US implementation of 50% tariffs on various Indian products effective August 27.
India's Export Diversification: Textiles, Gems, and Marine Products Show Strong Growth in Non-US Markets
Nov 01, 2025 09:42 am CST
India's exports of textiles, gems and jewellery, and marine products have shown remarkable growth across non-US markets in 2025, with significant increases in UAE, Vietnam, Belgium, and Saudi Arabia. This strategic diversification reflects India's expanding global trade footprint and reduced dependence on traditional markets, with marine exports rising 15.6% year-on-year and new opportunities emerging in Asia, Europe, and West Asia.