India’s merchandise exports registered a strong increase in August 2026, rising by more than 26% compared with the same month last year. The sharp rise in exports, combined with a comparatively slower increase in imports, helped narrow the country’s merchandise trade deficit during the month. Merchandise exports climbed to approximately $43.81 billion in August, compared...
In a major push to strengthen India’s position as a global electronics manufacturing hub, the Union Cabinet has approved a comprehensive incentive package worth ₹62,500 crore aimed at expanding domestic mobile phone manufacturing and developing a stronger electronics supply chain. The decision marks another significant step in the government’s long-term strategy to increase local production,...