Country Trade Profile · IN
🇮🇳

India

World's fastest-growing major economy · 5th largest by GDP

Capital
New Delhi
Currency
INR
GDP
$3.9T
Trade Volume
$1.16T
Rank
#15 exporter · #8 importer

Country Overview

India is the world's fifth-largest economy and a top-tier exporter of engineering goods, pharmaceuticals, IT services, textiles and agri-products. With a young workforce and aggressive FTA expansion (UAE CEPA, Australia ECTA, EFTA TEPA), India is the destination of choice for the next decade of trade growth.

Marketplace Opportunities

  • GeM (Govt e-Marketplace)
  • IndiaMART
  • Udaan
  • ONDC Network

Major Exports

Refined PetroleumDiamonds & JewelleryPharmaceuticalsEngineering GoodsTextiles & ApparelRice & SpicesAuto Components

Major Imports

Crude OilGoldElectronicsIndustrial MachineryPlasticsCoalFertilizers

Trade Opportunities

Opp · 01
Electronics PLI scheme — $25B incentive pool for global OEMs.
Opp · 02
Green Hydrogen mission — $2B subsidy for exporters.
Opp · 03
Defense Corridor (UP/TN) — 100% FDI under automatic route.
Opp · 04
Semiconductor fabs — $10B incentives across Gujarat & Karnataka.

Customs Information

Average duty
8.5%
Regulator
CBIC · DGFT
Portal
icegate.gov.in
Open Customs Engine

Compliance Information

  • GST e-invoicing mandatory above ₹5cr turnover
  • IEC code required for every exporter
  • Mandatory BIS certification for 350+ products
  • Quality control orders on imports

Trade News · India

Trade Events in India

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