Topic
export growth
China emerges as key growth driver for India's frozen shrimp exports; US remains top market in FY26
India's frozen shrimp exports hit an all-time high in FY 2025-26, with the US remaining the largest market at USD 1.61 billion. China emerged as a key growth driver, with exports valued at USD 941.6 million. The government is diversifying destinations and strengthening sector competitiveness.
Automobiles Drive India's Export Growth to Japan, Rubix Data Sciences Report Shows
A new report by Rubix Data Sciences reveals that automobiles are the largest contributor to India's export growth to Japan. India's goods exports increased from USD 4.4 billion in FY21 to USD 6.2 billion in FY25, while imports rose from USD 10.9 billion to USD 18.9 billion, widening the trade deficit. The report also highlights strong Japanese investment interest, with 81.5% of Japanese firms planning to expand operations in India.
Trade FTAs, Agri-Start-ups and FPOs to Drive Next Phase of Farm Export Growth: APEDA Chief
APEDA Chairman Abhishek Dev said the authority is leveraging recent FTAs with the UK and EU, its agri-start-up programme Bharti, and farmer producer organisations (FPOs) to drive the next phase of agricultural export growth. Dev described the FTAs as potential 'game changers' that will level the playing field for Indian processed food exporters. APEDA aims to nearly double its FPO membership to 3,000 and launch a dedicated FPO export promotion programme within two to three months.
India's engineering exports jump 24% to USD 12.31 billion in May, EEPC reports as sector adapts to West Asia disruptions
India's engineering exports jumped 24% year-on-year to USD 12.31 billion in May 2026, according to EEPC India. Cumulative exports for April-May 2026-27 stood at USD 22.66 billion, a 16.8% increase over the same period last year. EEPC Chairman Pankaj Chadha highlighted the sector's adaptability amid West Asia conflict and noted that challenges persist despite the US-Iran peace deal announcement.
Indian Goods Exports Estimated to Grow 15% in May, Driven by Petroleum and Other Sectors
Indian goods exports are estimated to have grown 15% in May 2026, driven by high global oil prices boosting the crude refining industry, according to a government official. Excluding petroleum, exports rose 11%. The official also stated that the first phase of the India-US bilateral trade agreement can be finalised after the US concludes Section 301 investigations, which will end temporary 10% tariffs on July 24.
India-Oman CEPA Boosts Trade and Energy Security
The India-Oman Comprehensive Economic Partnership Agreement (CEPA) is set to enhance trade resilience and energy security. The agreement offers India duty-free access to Oman, boosting exports in key sectors.