India’s Trade Deficit Widens as Machinery and Chemicals Drive Import Growth
Imports reached USD 76 billion in July 2026, with machinery & electronics up 32%, adding to a widening trade imbalance
Imports reached USD 76 billion in July 2026, with machinery & electronics up 32%, adding to a widening trade imbalance
Analysis by ANDAMAN PARTNERS Co-Founder Rachel Wu on how China's role has evolved in global capex project procurement
Exports grew 19% yoy in the first eight months of 2026, with regional growth ranging from 7% in North America to 26% in Africa
Clean-tech exports reached almost USD 200 billion through August 2026, already 89% of the 2025 full-year total
FAI has contracted for six consecutive months as private and construction spending weakens, while industrial output continues to expand.
China installed 434 GW of new wind and solar capacity in 2025, while clean-tech exports hit a record level in 2026
Revenue and profits have returned to growth while investment remains positive, although performance varies significantly across segments
Industrial profits rose 17.6% so far in 2026, nearly three times faster than revenue, while PMI readings remained below 50
H1 2026 export growth was driven increasingly by Asia, Africa and fast-growing markets including Singapore, China and South Africa
India's merchandise trade exceeded USD 1.2 trillion in 2025, with exports remaining resilient and imports continuing to expand through 2026