ENA Global 2025-09-08 15:42:27 <p><span style="font-size:14px"><strong>New Delhi, Sep 8 (KNN)</strong> Indias commerce ministry is moving quickly to cushion the impact of steep 50 per cent tariffs imposed by the U.S. on key exports.</span></p> <p><span style="font-size:14px">The government is strengthening ties with Singapore and the UAE to open up new markets for seafood, textiles, and other goods.</span></p> <p><span style="font-size:14px">Singapore has agreed to increase imports of Indian farm produce and is exploring access for Indian seafood. This offers much-needed relief for marine exporters facing U.S. restrictions.</span></p> <p><span style="font-size:14px">The UAE, a long-time trade partner, is being considered as a hub for Indian textile exports, one of the hardest-hit sectors.</span></p> <p><span style="font-size:14px">In FY25, Indias marine exports to the U.S. stood at USD 2.68 billion, up from USD 2.50 billion in FY24. Textile exports reached USD 10.9 billion, compared with USD 10.02 billion the year before.</span></p> <p><span style="font-size:14px">By comparison, textile exports to the UAE grew modestly to USD 2.1 billion in FY25 from USD 1.95 billion in FY24.</span></p> <p><span style="font-size:14px">Senior officials will soon travel to Singapore to promote a wider range of Indian products, including eggs, poultry, and fish. Talks with the UAE are also under way, covering sectors such as pharmaceuticals, gems and jewelry, textiles, and agriculture.</span></p> <p><span style="font-size:14px">Industry experts stress that while markets like Singapore and the UAE cannot fully replace the U.S., they can absorb a significant share of diverted exports.</span></p> <p><span style="font-size:14px">Ajay Sahai, director general of FIEO, noted that even partial absorption by smaller markets would provide critical relief to Indian exporters.</span></p> <p><span style="font-size:14px">The government is also focusing on Free Trade Agreements (FTAs) and complementary trade arrangements to guard against future tariff shocks.</span></p> <p><span style="font-size:14px">A high-level India UAE meeting is planned for mid-September, where the two nations are expected to push toward their USD 100 billion trade target by 2030, excluding oil and precious metals.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43425 https://knnindia.co.in/news/newsdetails/global/india-looks-beyond-us-with-fresh-export-push-to-uae-and-singapore 2025-09-08 15:42:27 knnindia.co.in