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1h agoIndia launches US$5 billion export package to mitigate impact of U.S. tariffs
The Indian government has announced a US$5 billion scheme aimed at boosting export competitiveness amid punitive U.S. tariffs, which could trim 60-80 basis points off GDP growth this year, according to trade ministry estimates. The package focuses on textile, engineering goods and electronics exports, and includes duty-drawback enhancements and credit support. The move comes as trade negotiations with the U.S. remain tense and global demand remains uneven.
The government seeks to safeguard jobs in labour-intensive sectors and protect export-oriented enterprises while external headwinds intensify.
positive
1h agoIndia launches US$5 billion export package to mitigate impact of U.S. tariffs
The Indian government has announced a US$5 billion scheme aimed at boosting export competitiveness amid punitive U.S. tariffs, which could trim 60-80 basis points off GDP growth this year, according to trade ministry estimates. The package focuses on textile, engineering goods and electronics exports, and includes duty-drawback enhancements and credit support. The move comes as trade negotiations with the U.S. remain tense and global demand remains uneven.
The government seeks to safeguard jobs in labour-intensive sectors and protect export-oriented enterprises while external headwinds intensify.
about 1 hour ago
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India introduced a US$5 billion export support package to offset U.S. tariffs and safeguard growth in labour-intensive sectors such as textiles and electronics.
The Indian government has announced a US$5 billion scheme aimed at boosting export competitiveness amid punitive U.S. tariffs, which could trim 60-80 basis points off GDP growth this year, according to trade ministry estimates. The package focuses on textile, engineering goods and electronics exports, and includes duty-drawback enhancements and credit support. The move comes as trade negotiations with the U.S. remain tense and global demand remains uneven.
The government seeks to safeguard jobs in labour-intensive sectors and protect export-oriented enterprises while external headwinds intensify.
The Indian government has announced a US$5 billion scheme aimed at boosting export competitiveness amid punitive U.S. tariffs, which could trim 60-80 basis points off GDP growth this year, according to trade ministry estimates. The package focuses on textile, engineering goods and electronics exports, and includes duty-drawback enhancements and credit support. The move comes as trade negotiations with the U.S. remain tense and global demand remains uneven.
The government seeks to safeguard jobs in labour-intensive sectors and protect export-oriented enterprises while external headwinds intensify.
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economy
trade
economy
trade
india
exports
tariffs
Nov 13, 2025 • 06:54 IST