Hyundai Motor India Ltd (HMIL) has officially commenced engine production at its Talegaon manufacturing facility in Maharashtra, marking a significant milestone in the company’s ₹6,000 crore investment plan to expand its footprint in the Indian automotive market. The engine assembly line went

The Tata Group has initiated a major overhaul of Air India, bringing in global consultancy firm McKinsey & Company to spearhead the next phase of the airline’s transformation. The move comes in the wake of growing scrutiny following the recent Ahmedabad crash and underscores Tata’s commitment to turning around the national carrier into a globally […]

India’s merchandise exports to the United States rose sharply in May, increasing by 16.9% year-on-year to $8.83 billion, while imports from the US declined by 5.8% to $3.62 billion. This dynamic helped narrow India’s overall trade deficit for the month. India–US Trade During April and May, India’s exports to America grew 21.8%, reaching $17.25 billion, […]

India’s status as a global iPhone production hub is accelerating, with Tata Electronics rapidly gaining ground in Apple’s supply chain. Amid ongoing U.S.–China trade tensions and heavy tariffs on Chinese-made electronics, India has emerged as a strategic manufacturing alternative, and Tata is now central to that transformation. In the first five months of 2025,

Meta Platforms has announced the appointment of Arun Srinivas as its new Managing Director and Head for India, effective July 1, 2025. Srinivas currently oversees Meta’s advertising business in India and will report to Sandhya Devanathan, who now leads both India and Southeast Asia. Meta India leadership change Srinivas steps into the role as Meta deepens […]

Sweden has urged the European Union and India to expedite finalisation of their long‑pending free trade agreement, highlighting the need to tackle both tariff and non‑tariff barriers. Speaking at a business summit in Stockholm on June 11, Sweden’s Minister for International Development Cooperation and Foreign Trade, Benjamin Dousa, described current regulations on both

Niti Aayog is urging the government to allow controlled imports of genetically modified (GM) crops such as soybeans and corn from the United States to enhance agricultural trade, while maintaining stringent domestic safeguards. The proposal comes amid stalled India–US trade negotiations, where farm goods have emerged as critical bargaining chips. During a recent policy

India’s Engineering Export Promotion Council (EEPC India) recently organised an open house session to address exporter anxieties surrounding the proposed India–US trade agreement. Industry participants raised significant concerns relating to fluctuating US tariffs, clarity on policy timelines, and the stability of export conditions. These discussions are critical as

India and the United States have made substantial progress toward a bilateral trade agreement, but key issues around agricultural imports threaten to derail finalization. Recent rounds of negotiations in New Delhi from June 5 to 10 highlighted significant tensions over market access for US-grown apples and genetically modified (GM) crops such as corn and soybeans. American

Apple’s top assembler Foxconn has exported nearly all of its iPhones manufactured in India to the United States between March and May 2025. Of the $3.2 billion worth of devices shipped in this period, 97 percent went to the US—a sharp increase from about 50 percent in 2024. This move reflects Apple’s strategy to sidestep high tariffs on […]