India is working to establish itself as a trusted partner in global supply chains, particularly in manufacturing, design and other emerging capabilities, Union Electronics and Information Technology Minister Ashwini Vaishnaw said on Wednesday. “It is no longer just about cost. Trust and cybersecurity are becoming very important. Countries like India are placing themselves as a trusted partner for global value chains,” Vaishnaw said while speaking at the Bloomberg New Economy Forum being held in the city. He added that technology sovereignty needed to be approached with a broader and more mature perspective. Countries must assess their strategic dependencies, strengthen resilience and identify the products and technologies for which they should rely on external partners.
India is waiting for greater clarity on the US tariff framework, including proposed 100% tariffs on countries purchasing Russian oil and the findings of the Section 301 investigation into excess manufacturing capacity, before implementing the first phase of its bilateral trade agreement, Commerce Secretary Rajesh Agrawal said on Thursday. Trade negotiations are moving in the right direction, and both countries are in a “very good zone”, with the aim of signing the agreement as soon as possible, he said. “India will look at more tariff stability and trade stability as a part of the deal,” Agrawal said in response to a question about whether the issue of Russia-related sanctions would be covered under the agreement. Commerce and Industry Minister Piyush Goyal had earlier said that the first phase of the agreement was in the final stages of defining its scope and completing legal drafting. India wants to put the arrangement into operation after securing a “comparable advantage or competitive advantage” over competing countries. Agrawal said the agreement must provide Indian exporters with preferential access to the US market rather than simply opening the market to them. The signing will depend on Washington finalising its revised tariff structure, including the implications of the Section 301 investigations. “The deal has to be signed when the overall tariff structure is getting formalised,” he said.
Kanpur. The Free Trade Agreement (FTA) between India and New Zealand comes into effect on Tuesday, opening fresh opportunities for Indian exporters. New Zealand is currently witnessing a rise in the issuance of certificates of origin, with leather and textile consignments worth over 10 million being sent to ports across the country for dispatch on Tuesday. The products are expected to reach markets in time for Christmas sales. Alok Srivastava, Uttar Pradesh head of the Federation of Indian Export Organisations (FIEO), said the free trade agreement could provide a significant boost to Kanpur's micro, small and medium enterprises (MSMEs). Kanpur and its neighbouring areas are major exporters of leather goods to New Zealand, generating an annual turnover of Rs 200-300 crore. With the agreement coming into effect on October 20, exporters are securing certificates of origin to benefit from the new trade arrangement. Leather and textile goods worth Rs 1 crore have already been shipped from the city to ports across the country. Previously, exporters received around five to eight certificates of origin a month. The number has now risen to eight certificates a day, covering both leather goods and textiles. Demand is particularly strong for Christmas-related products such as purses, bags and belts. Srivastava said the agreement could help exports more than double. India imports wool, iron, steel, aluminium, kiwifruit, apples and dried fruits from New Zealand. Greater trade activity could also increase the availability and consumption of these products in Kanpur and other Indian markets.
The Union Cabinet has approved the creation of an Integrated Transport & Logistics Authority (ITLA) aimed at improving coordination across India's transport sectors and supporting long-term infrastructure planning. The new authority will function under the Ministry of Commerce & Industry and act as an apex body for project planning and appraisal, research, monitoring and evaluation across the country's transport sector. Announcing the decision, Information and Broadcasting Minister Ashwini Vaishnaw said key transport sectors, including railways, highways and aviation, would have representation in the proposed authority. Vaishnaw said the need for a more integrated approach has become increasingly important as India's logistics requirements rise alongside economic growth. According to him, a 7% increase in GDP could result in around 10% growth in logistics demand, making coordinated development of highways, railways, waterways, ports and airports increasingly necessary.
Adani Airport Holdings Ltd (AAHL) has stopped processing export cargo bound for Russia, leaving around 150 tonnes of shipments stranded for nearly 10 days and disrupting the India-Russia air cargo trade route. The affected shipments mainly comprise pharmaceuticals, machinery and spare parts and are currently awaiting clearance. AAHL operates eight airports, including Mumbai, Navi Mumbai and Ahmedabad. The cargo includes shipments booked on Russian national carrier Aeroflot as well as non-scheduled Russian freighter operator Volga-Dnepr. Aeroflot currently operates daily flights from Delhi and five services a week from Goa, but has no scheduled operations from Mumbai or other airports managed by AAHL. Mumbai, however, remains an important export processing hub for cargo originating in western and southern India and heading to Russia. Shipments are transported to Mumbai by road, processed at the airport cargo facility, security-screened and cleared by Customs before being moved by domestic flights or bonded trucks to Delhi or Goa for onward loading onto Russian aircraft. The disruption has also reportedly affected regular government-to-government supplies being transported between India and Russia, according to a source cited in the report. SW Trading, Aeroflot's authorised cargo sales agent in India, has raised concerns over the growing delays. Its director, Shubham Singh, said an extended disruption could affect cargo movement from Mumbai and have a wider impact on the India-Russia trade corridor.
New Delhi, October 7, 2026: India-Mozambique aviation cooperation received fresh attention on Wednesday as Union Civil Aviation Minister Ram Mohan Naidu met Mozambique's Minister of Transport and Logistics, Joao Jorge Matlombe, in New Delhi. According to Naidu, the discussions focused on improving air connectivity between the two countries as India's business and investment presence in Mozambique continues to expand. In a social media post, details of which were reported by All India Radio's News On AIR, Naidu said India has consistently extended a warm and positive hand of friendship towards Mozambique. He also said he looked forward to maintaining dialogue on cooperation in the aviation sector. No specific agreements or new flight routes were announced following the meeting. Why India-Mozambique aviation cooperation matters For a bilateral relationship driven largely by energy, minerals and agricultural commodities, air connectivity remains a significant gap. There is currently no nonstop scheduled flight between the two countries. Passengers travelling between Maputo and Mumbai typically need to connect through hubs such as Addis Ababa, Nairobi or Doha, according to flight-schedule listings. The lack of direct connectivity has also emerged as an issue in Mozambique. In December 2025, Mozambican President Daniel Chapo said the country's national carrier, LAM (Linhas Aereas de Mocambique), would resume services to Portugal before expanding to Brazil and subsequently India as part of its restructuring plans. However, no specific timeline has been announced for an India route. The two countries already have the legal framework needed for closer aviation ties. India and Mozambique signed an Air Services Agreement in New Delhi on January 16, 2017. The agreement provides the basis for airline designation and operating rights, according to a copy published by the Ministry of Civil Aviation.
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