Latest India Trade Intelligence

EU importers filed first full CBAM quarterly report (Q1 2026). Indian steel exporters with pre-verified GHG data report zero late penalties.

India-EU FTA negotiating round 12 concluded in Brussels. Services chapter 85% complete. Investment chapter 70% agreed.

EU adds 18 new APIs to Critical Medicines Act priority list — India supplies 14 of the 18. CDMO mandate enquiries increase 40%.

EUDR (Deforestation Regulation) enforcement postponed to June 2026. India cotton exporters gain 3-month preparation extension.

EU battery passport regulation (Battery Regulation 2023/1542) enforcement begins June 2026. Indian battery cell manufacturers in supply chain must comply.

EU ETS carbon price tests EUR 68/tCO2e — highest since February 2023. CBAM cost for BF-BOF steel reaches EUR 143/tonne.

EU Defence Industrial Strategy (EDIS) passes final reading — EUR 100B joint procurement by 2030. Indian dual-use electronics mandates shortlisted.

REACH SVHC list expands by 12 substances. Indian chemical exporters must re-screen formulations for Q3 2026 EU shipments.

India Basmati rice receives EU GI protection under Lisbon System — 43rd Indian GI registered internationally.

EU AI Act high-risk AI system obligations active from February 2025. Indian AI companies with EU deployments: conformity assessments due.

Maersk announces direct Mundra–Rotterdam green methanol-fuelled service from Q4 2026 — first India-EU green shipping lane.

GIFT City IFSC unit count reaches 500 — EU banks account for 18% of active IFSC units.

EU Critical Raw Materials Act (CRMA) Year 1 targets published — 10% of annual EU consumption must be EU-sourced by 2030. India lithium and rare earth partnerships prioritised.

Portugal IFICI 2024 replacement regime — 245 applications from Indian NRI professionals in Q4 2025. Porto and Lisbon remain top destinations.

India announces 50GW renewable energy auction — largest single auction globally. EU infrastructure funds submit bids for GIFT City IFSC co-investment structures.