Mundra Port has emerged as India’s largest automobile export hub after achieving a record shipment of 6,008 vehicles in a single vessel. Operated by Adani Ports and Special Economic Zone (APSEZ), the port’s milestone highlights the growing strength of India’s automobile export sector and its improving logistics infrastructure. The record was made possible by the port’s advanced Roll-on/Roll-off (RoRo) terminal, which allows vehicles to be driven directly onto ships. This system reduces handling costs, improves efficiency, and enables faster loading and unloading of large volumes.
Union Commerce and Industry Minister Piyush Goyal has hailed India’s innovation ecosystem as “unstoppable” after patent filings reached a record high in the financial year 2025–26. According to official data, total patent applications rose to over 1.43 lakh, marking a significant 30.2 per cent increase compared to the previous year. The surge reflects a steady upward trend in India’s intellectual property activity, with filings increasing consistently over recent years. Domestic applicants accounted for more than 69 per cent of total filings, highlighting the growing role of Indi
Prime Minister Narendra Modi highlighted the rapid progress of India’s maritime sector, describing it as moving forward with “master speed and energy” while recalling the country’s rich maritime heritage. Speaking on the occasion of National Maritime Day, the Prime Minister underscored the importance of ports, shipping, and waterways in driving economic growth and global trade connectivity. He noted that India has undertaken significant reforms and infrastructure development in recent years to modernise ports, enhance logistics efficiency, and boost coastal shipping. Initiatives su
India has approved the export of 67,719 tonnes of sugar to the Maldives under a bilateral trade agreement for the financial year 2026–27 (FY27). The move is aimed at ensuring a stable supply of essential commodities to the island nation while reinforcing strong economic ties between the two countries. The export decision comes as part of India’s broader strategy to support neighboring countries through reliable trade partnerships. Given the Maldives’ limited domestic production capacity, India remains a key supplier of essential goods, including food items such as sugar, rice, and wh
India’s Commerce and Industry Minister Piyush Goyal held a series of crucial bilateral meetings on the sidelines of the World Trade Organization (WTO) Ministerial Conference, focusing on strengthening trade partnerships and enhancing global economic cooperation. During these discussions, Goyal emphasized India’s commitment to fair and balanced trade practices, while advocating for reforms within the multilateral trading system. The meetings saw participation from several key economies, with discussions revolving around market access, supply chain resilience, and reducing trade barriers
The Government of India has approved the export of essential commodities to the Maldives for the financial year 2026–27, reinforcing bilateral ties and supporting the island nation’s food security needs. The decision includes the supply of key items such as food grains, sugar, onions, potatoes, and other daily essentials under a special quota system. India has traditionally extended such assistance to the Maldives, ensuring a steady supply of critical goods due to the country’s limited domestic production capacity. This move reflects India’s “Neighbourhood First” policy, aim
Union Commerce and Industry Minister Piyush Goyal held discussions with a European Parliament delegation led by Angelika Niebler on the early implementation of the India–European Union Free Trade Agreement (FTA). The meeting highlighted the growing momentum in India–EU relations and the shared commitment to strengthening economic ties between the two regions. Goyal expressed optimism about the agreement, noting that India and the European Union are witnessing increased cooperation across multiple sectors, including trade, investment, and technology. The FTA, concluded in January
South Korea has recorded a surge in exports, reaching a four-decade high, driven by a booming semiconductor industry. The strong global demand for chips, particularly in sectors such as artificial intelligence, consumer electronics, and automotive manufacturing, has significantly boosted the country’s trade performance. Semiconductors remain South Korea’s top export, with leading companies ramping up production to meet increasing international demand. The global shift towards digital technologies and AI-driven applications has further accelerated the need for advanced chips. The exp
The Government of India has announced a major investment of Rs 39,272 crore aimed at strengthening the fisheries sector, with a strong emphasis on innovation, sustainability, and startup-led growth. The initiative builds on existing frameworks such as the Pradhan Mantri Matsya Sampada Yojana, which seeks to modernise infrastructure and enhance productivity in the sector. The investment is expected to support the development of modern fishing infrastructure, cold chains, processing units, and export-oriented facilities. It also aims to improve livelihoods for millions of fishermen and promo
External Affairs Minister S. Jaishankar met a visiting delegation from the European Parliament, reviewing the evolving strategic partnership between India and the European Union. The discussions focused on strengthening cooperation across trade, technology, security, and global governance frameworks. The meeting comes at a crucial time when India–EU relations have gained renewed momentum, particularly after the conclusion of a landmark free trade agreement earlier in 2026. The agreement aims to liberalise trade, boost investment flows, and enhance regulatory cooperation between the two e