Singapore, the United States, and the United Kingdom have emerged as the leading sources of foreign companies entering India, reflecting growing international confidence in the country’s economic growth and investment climate. According to recent reports, India continues to attract multinational firms across sectors such as technology, manufacturing, financial services, logistics, and retail. Singapore remained one of the largest contributors due to its strong financial connectivity with India and a favourable business ecosystem. Companies from the United States and the United Kingdom ha
Union Commerce and Industry Minister Piyush Goyal has said that the India-US partnership is witnessing rapid expansion across technology, defence manufacturing and supply chain cooperation, reflecting the strengthening strategic relationship between the two countries. Speaking on the growing economic ties, Goyal highlighted that both nations are working closely in critical and emerging sectors to build resilient and trusted global supply chains. India and the United States have significantly deepened collaboration in areas such as semiconductors, artificial intelligence, clean energy, adva
India has emerged as the fastest-growing major steel producer in 2026, reflecting the rapid expansion of the country’s industrial and infrastructure sectors. The growth has been driven by rising domestic demand, increased production capacity and government initiatives aimed at boosting manufacturing and construction activity. According to recent reports, India’s steel sector has recorded substantial increases in crude steel production over the past year, reinforcing the country’s position as one of the world’s leading steel-producing nations. Investments in infrastructure projects,
Prime Minister Narendra Modi’s ongoing Europe tour has brought renewed attention to the long-pending India–European Union Free Trade Agreement (FTA), with leaders on both sides signalling stronger intent to conclude negotiations. The visit is aimed at deepening cooperation in trade, defence, semiconductors, and supply chain resilience. During the multi-nation tour covering the Netherlands, Sweden, Norway, and Italy, India has sought to strengthen strategic partnerships with European countries amid changing global geopolitical and economic dynamics. The trip comes at a time when India a
India’s manufacturing exports registered significant expansion into newer global markets during FY26 as the government’s export diversification strategy generated an additional USD 202.2 million in export revenue. The growth was largely driven by advanced engineering products, maritime manufacturing, telecom instruments, and technology-intensive sectors, reflecting India’s increasing competitiveness in high-value manufacturing. Officials stated that the strategy focused on identifying new product-market combinations and reducing dependence on traditional export destinations. Products
India and Sweden have elevated their bilateral relations to a strategic partnership following high-level talks between Prime Minister Narendra Modi and Swedish Prime Minister Ulf Kristersson in Gothenburg. The agreement marks a significant step in strengthening cooperation across trade, technology, defence, climate action, innovation, and green transition initiatives. Both countries also endorsed a joint action plan for 2026–2030 aimed at deepening collaboration in emerging sectors and boosting economic engagement. The two leaders discussed ways to enhance cooperation in renewable energy
India’s overall exports, including merchandise and services, rose by 13.17 per cent year-on-year to reach $80.45 billion in January 2026, according to data released by the Commerce Ministry. The figure marks a significant increase from $71.09 billion recorded during the same month last year. The growth was driven largely by strong performance in the services sector, including information technology, financial and business services exports. Analysts say improving external demand and continued resilience in India’s services economy contributed to the positive trade numbers.&n
The United Arab Emirates announced a $5-billion investment package in India during Prime Minister Narendra Modi’s visit to Abu Dhabi, marking another major step in the growing strategic and economic partnership between the two countries. Mr Modi held talks with UAE President Sheikh Mohammed bin Zayed Al Nahyan, with discussions focusing on defence, infrastructure, energy and regional stability. During the visit, India and the UAE signed a Framework for Strategic Defence Partnership aimed at expanding cooperation in defence production, advanced technology, maritime security an
Union Commerce and Industry Minister Piyush Goyal has announced an ambitious target of achieving $1 trillion in exports during the current financial year, calling it “our time under the sun” as India seeks to strengthen its position in global trade. The announcement came during the LEAPS Awards event and the release of the LEADS Report 2025, focused on logistics and trade infrastructure. India recorded exports worth over $863 billion in goods and services during the previous financial year, and the government now aims to bridge the remaining gap through stronger trade partnerships, imp
Indonesia recorded a sharp rise in alumina exports during the first quarter of 2026, with outbound shipments increasing by more than 40 per cent year-on-year, according to data released by Statistics Indonesia. The country exported around 1.5 million tonnes of alumina between January and March, compared to nearly 1.1 million tonnes during the same period last year. Despite the strong increase in export volumes, the total export value declined significantly due to lower global alumina prices. Export earnings fell nearly 28 per cent year-on-year to about $513.8 million during the quarter. An