The Latest Breaking News from GTRI

India's new import rule that could make homes and infrastructure costlier

India's new policy imposing a minimum import price on PVC resin is expected to result in higher domestic prices. This strategy supports local manufacturers but also elevates costs for downstream industries, putting additional financial strain on small businesses. Given the nation's substantial import reliance, this initiative is unlikely to lessen…

The Economic Times · Jul 28

Trump's tariffs just went from 12.5% to 10%: Why did India get a breather and what it means?

The United States has reduced tariffs on most Indian exports to ten percent. This change follows India's recent actions against forced labour imports. Indian exporters now face a more competitive position against other nations. However, some sectors will still encounter separate, higher tariffs. The trade landscape remains uncertain with potential…

The Economic Times · Jul 25

GTRI questions US 10% Section 301 tariff on Indian exports, says measure lacks credible evidence

India's new ban on imports made with forced labour helped lower a proposed US tariff on its exports to 10% from 12.5%, but the Global Trade Research Initiative says Washington has offered no evidence against India. It argues the move is mainly aimed at keeping US tariff barriers in place,…

The Economic Times · Jul 24

Scotch Whisky, Wimbledon Towels, and More: What Becomes Cheaper Under the India-UK Trade Deal

The India-UK trade deal, effective from 15 July 2026, cuts tariffs, lowers prices on select goods, and creates new opportunities for businesses and consumers in both countries.

International Business Times UK · Jul 20

Forced labour explained: Why India changed its import policy

India has amended its Foreign Trade Policy to prohibit imports of goods made using forced labour. This move creates a legal framework for banning such products in the future. The United States is investigating India and other economies over similar alleged failures. India's constitutional obligation and international commitments drive this…

The Economic Times · Jul 15

FTAs alone won’t make India a manufacturing power: GTRI’s Ajay Srivastava

Tariff concessions alone will not secure India’s long-term economic success; strengthening manufacturing competitiveness is the key, says Ajay Srivastava.

The Economic Times · Jul 15

India-UK FTA comes into effect today, unlocking duty-free access for Indian exports

India and the UK have enacted a free trade agreement, opening significant export opportunities. This pact offers duty-free access on ninety-nine percent of India's tariff lines to the UK. Indian manufacturers will gain preferential entry into the UK's sixth-largest economy. The agreement also provides regulatory certainty for Indian service providers…

The Economic Times · Jul 14

India-UK FTA from July 15: What changes for autos, whisky, exports and consumers

The India-UK Comprehensive Economic and Trade Agreement takes effect on July 15, 2026. This pact grants nearly 99% duty-free access for Indian exports to the United Kingdom. Labour-intensive sectors like textiles and footwear will see significant export gains. India will also reduce tariffs on several British products, including alcoholic beverages.…

The Economic Times · Jul 14

Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRI

A potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer manufacturing costs and impede India's ambitious power grid expansion plans. With domestic production meeting less than 10% of demand, imposing duties might raise prices without reducing import reliance, impacting vital infrastructure development and renewable…

The Economic Times · Jun 26

Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in Cred

Think tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data, covering credit cards, loans, investments, insurance, and UPI transactions. On the other hand, it said China built its digital payments ecosystem through domestic champions such as Alipay and…

The Economic Times · Jun 23