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
The first shipment of maize from Krishnapatnam Port in Andhra Pradesh to Vietnam was officially flagged off this week, marking a significant milestone for agricultural exports from the region. The export initiative is expected to provide better market access and improved prices for maize farmers in the Nellore district and nearby areas. District Collector Himanshu Shukla and Adani Krishnapatnam Port CEO Jagdish Patel jointly inaugurated the export operation. The vessel, MV Parvaraj, departed carrying more than 53,000 metric tonnes of maize bound for Vietnamese markets. Officials stated tha
Piyush Goyal held discussions with Dutch officials to strengthen economic and trade relations between India and the Netherlands, with both sides focusing on investment, skilled workforce mobility, and deeper strategic cooperation. The talks were held with Dutch Minister Sjoerd Sjoerdsma as the two countries explored ways to further expand bilateral trade and business partnerships. The Netherlands remains one of India’s key trading partners in Europe and serves as an important gateway for Indian exports to the European Union. Officials also discussed the possibility of convening the Joint
Malaysia has recorded strong growth in its medical tourism sector as foreign patient arrivals and healthcare revenues continue to surge, particularly in regions such as Penang. Industry reports show that the country attracted nearly 1.84 million international patients in 2025, generating over RM3.3 billion in revenue and strengthening Malaysia’s position as a leading healthcare destination in Asia. Officials attribute the increase to Malaysia’s affordable treatment costs, advanced private healthcare infrastructure, shorter waiting times, and improved international connectivity. Penang,
Indonesia is in talks with Malaysia for a major rice export agreement involving 200,000 metric tonnes of rice, a deal estimated to be worth nearly Rp 2 trillion, or about $115 million. The proposed agreement highlights Indonesia’s improving food security position after the country significantly boosted domestic rice reserves in recent months. According to reports, Indonesia’s State Logistics Agency, Bulog, currently holds more than five million tons of rice reserves, marking one of the highest stockpile levels in the country’s history. The export discussions with Malaysia come as Ind
India and Vietnam have set an ambitious target of achieving bilateral trade worth $25 billion by 2030, Prime Minister Narendra Modi announced after talks with Vietnamese President To Lam in New Delhi. The announcement came during To Lam’s first official visit to India, where both countries agreed to elevate their relationship to an “Enhanced Comprehensive Strategic Partnership". The two nations also discussed expanding cooperation in critical minerals, rare earths, energy security, and supply chain resilience. Modi emphasised that the partnership would strengthen economic security for
India’s steel exports have recorded a significant surge of 29.1%, reflecting the country’s growing self-reliance and strengthening position in the global market. The increase is attributed to enhanced domestic production capacity, policy support, and a focus on the “Atmanirbhar Bharat” initiative, which emphasizes reducing dependence on imports while boosting exports. Industry experts note that improved infrastructure, modernization of steel plants, and increased efficiency have played a key role in this growth. India’s ability to produce high-quality steel at competitive prices
Union Commerce and Industry Minister Shri Piyush Goyal held discussions with Japanese leaders to strengthen economic ties between India and Japan. The meetings focused on enhancing bilateral trade, promoting investment opportunities, and exploring new avenues for collaboration across key sectors. The engagement reflects ongoing efforts to deepen the strategic and economic partnership between the two countries. During the talks, both sides emphasized the importance of expanding trade volumes and addressing challenges faced by businesses. Discussions also covered cooperation in areas such as