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The India–European Union free trade agreement (FTA), expected to be announced on January 27, is likely to lower costs and expand trade rather than harm domestic industry, the Global Trade Research Initiative (GTRI) said on Sunday.In FY2025, India–EU goods trade crossed $136 billion. GTRI said tariff reductions under the FTA would primarily reduce input costs,…
India’s steel capacity expansion is coming under pressure from a policy mismatch that raises input costs even as the government seeks to protect domestic producers, according to a report by the Global Trade Research Initiative (GTRI).“Protecting domestic metcoke producers is valid, but stacking quotas and duties on a non-substitutable input risks over-correction and macroeconomic consequences,”…
India’s ambition of exporting goods and services worth $1 trillion by the end of FY26 is likely to remain out of reach, Global Trade Research Initiative (GTRI) predicted in its latest report on Thursday, pointing to weak merchandise shipments due to weak global demand and increasing protectionist trends.Ajay Shrivastava, founder of the economic think tank,…
India’s exports to the US bounced back in November after two months of dip. The rebound was largely supported by supply-chain adjustments and pre-holiday season inventory restocking, according to the Global Trade Research Initiative (GTRI). This recovery came despite the US imposing 50 per cent tariffs on Indian goods since August. ‘India Got Out Of…
Putin is making his first diplomatic visit to India since the conflict in Ukraine started. (AI image) Russian President Vladimir Putin’s India visit this week is being closely watched by the world – what will it mean for India’s trade dynamics with both Russia and the US. Will India bring down its crude oil imports…
India’s exports to the United States have dropped sharply over the last five months after the US increased import tariffs on Indian goods, doubling them from 25% to 50%. A report by the Global Trade Research Initiative (GTRI) shows that exports fell 28.5%, from $8.83 billion in May 2025 to $6.31 billion in October 2025….
India’s exports to the United States saw a sharp 28.5% fall between May and October 2025 as aggressive tariff hikes by Washington hit key sectors. According to the Global Trade Research Initiative (GTRI), shipments dropped from $8.83 billion to $6.31 billion during the period, coinciding with US duties rising from 10% in April to 25%…
India’s stalled effort to negotiate a Free Trade Agreement with Israel has returned to focus after both governments finalised fresh Terms of Reference to restart talks, marking the first concrete movement since discussions drifted in 2014. The trade and economic policy think tank, Global Trade Research Initiative (GTRI) said the renewed push reflects a strategic…
India could secure a marginal competitive advantage in a select group of agricultural products after the United States removed several items from its reciprocal tariff list, the Global Trade Research Initiative (GTRI) has said in a new analysis.A White House Executive Order issued on November 12 exempted coffee, tea, tropical fruits, fruit juices, cocoa, spices,…
