Recent import-export news includes India imposing anti-dumping duties on plastic machines from China and Taiwan, while also seeing a rise in coffee and tyre exports. Additionally, India's merchandise exports to the US increased in May, but imports decreased according to NDTV. Furthermore, India's overall exports are projected to have crossed $800 billion.
India's top exported some products include petroleum products, gems and jewelry, and pharmaceutical products according to Shiprocket.
India's Foreign Trade Policy (FTP) aims to make India an export hub and integrate it further into global value chains. Companies are preparing for the EU's new deforestation law, which may impact import/export procedures.
