India | DD News

February 12, 2026 10:07 AM

India’s trade surplus with US may cross $90 billion annually: SBI report

India’s trade surplus with the United States may cross $90 billion annually, driven by a sharp rise in exports and higher import potential, according to a report by SBI Research. The report estimates that Indian exporters could increase shipments of the top 15 items to the US by around $97 billion annually. Including other products, the total export potential may easily cross the $100 billion mark each year. Terming the decline in tariffs a “golden opportunity” for Indian exporters to ex...

February 9, 2026 4:17 PM

Gujarat’s textile, garment exports set to grow 100-150 pc after India-US trade deal

The trade agreement between India and the United States is expected to provide a substantial boost to Gujarat’s exports, with medium-term growth in certain sectors projected to increase by 100-150 per cent, officials said on Monday. The reduction of US tariffs on Indian goods from 50 per cent to approximately 18 per cent is set to make Indian products significantly more competitive in the American market, generating higher demand. Gujarat, already India’s leading export-oriented state unde...

February 5, 2026 6:33 PM

India-US trade deal safeguards farmers’ interests, no compromise on agriculture or dairy: Shivraj Singh Chouhan

Union Minister for Agriculture and Farmers’ Welfare Shivraj Singh Chouhan on Thursday said that the proposed India-US trade deal fully protects country’s agricultural and dairy sectors, asserting that there has been no compromise on farmers’ interests. Addressing the media in New Delhi, Chouhan said the government has ensured that India’s staple grains, millets, fruits, major crops and dairy products remain outside the scope of any market-opening measures that could harm domestic produc...

February 5, 2026 2:45 PM

First tranche of India-US trade deal in 4-5 days, formal pact by mid-March: Piyush Goyal

India is set to roll out the first tranche of its bilateral trade agreement (BTA) with the United States within the next four to five days, Commerce and Industry Minister Piyush Goyal said on Thursday. The initial phase of the agreement will lead to a reduction in US tariffs on Indian exports to 18 per cent. Goyal said a joint India-US statement is expected to be issued in the coming days. Following this, an executive order will be released, bringing the reduced 18 per cent tariff on Indian goo...

February 4, 2026 3:57 PM

India safeguarded agriculture, dairy in US trade deal: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Wednesday assured Members of Parliament that India has successfully safeguarded the interests of sensitive sectors, particularly agriculture and dairy, in the trade agreement with the United States, while ensuring significant benefits for Indian exporters. The India–US trade deal, which reduces tariffs on Indian goods entering the US to 18 per cent, has triggered a political row, with Opposition members expressing concern over claims by...

February 3, 2026 4:39 PM

Trade deal with US boosts business confidence, say industry leaders

Industry leaders across sectors have welcomed the India–US trade deal, saying the agreement will strengthen strategic and economic ties between the two countries while opening up new avenues for investment, manufacturing, and collaboration. Reacting to the development, Kumar Mangalam Birla, Chairman of the Aditya Birla Group, said the reduction in tariffs would help deepen bilateral economic engagement and support long-term growth for both nations. In a social media post, Birla congratulated...

February 3, 2026 3:25 PM

India-US trade deal to boost MSMEs, job opportunities: Amit Shah

Union Home Minister Amit Shah on Tuesday said the India-US trade agreement will significantly boost micro, small and medium enterprises (MSMEs), enhance the global competitiveness of small industries, and create new employment opportunities across the country. In a post on X, Shah said the agreement between the two nations would strengthen India’s MSME sector by securing new supply chains and improving investment and credit flow. “India-US trade deal will give new strength to India’s MSM...

February 3, 2026 12:35 PM

India-US trade deal to help stabilise rupee, boost FDI inflows: Report

The India-US trade deal should help narrow the current account deficit, stabilise the rupee, and reduce India’s vulnerability to global shocks over time, a report showed on Tuesday. The US has decided to reduce the reciprocal tariff on Indian goods to 18 per cent from the earlier 50 per cent. The trade deal is structurally positive for India’s medium-term growth and external stability. Improved market access and tariff certainty are likely to boost exports, support manufacturing investment...

February 3, 2026 10:04 AM

Engineering goods, textiles, leather among sectors to gain significantly: FIEO on US deal

The Federation of Indian Export Organisations (FIEO) on Tuesday hailed finalisation of the India-US trade deal, under which the United States has agreed to reduce tariffs on all 'made in india' products to 18 per cent, saying it marks a significant milestone in further boosting and strengthening bilateral trade relations between the two countries. Sectors such as engineering goods, textiles and apparel, pharmaceuticals, chemicals, leather products, gems and jewellery, and agricultural products ...

February 3, 2026 9:50 AM

When noise subsides, 2 natural partners come together: Industrialists on US deal

Leading industrialists have welcomed the historic India-US trade deal, saying that the reduced 18 per cent tariffs will help strengthen the strategic and economic ties between the two great countries. Anand Mahindra, Chairman of Mahindra Group, wrote in a post on X, “More evidence of the benefits of ‘Making haste slowly.’” “When the noise subsides, two natural partners will come together,” he posted. Kumar Mangalam Birla, Chairman of Aditya Birla Group, applauded Prime Minister Na...