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Structured register of government actions in the geoeconomic space — export controls, tariffs, sanctions, FDI screening, subsidies, industrial-policy laws — cross-referenced into the country, minerals, and ETF surface. Charter: docs/IPTM_CHARTER.md.
Severity 1-5 is the qualitative impact rating (1=minor, 5=structural). The bilateral-trade-grounded quant scorer is the next IPTM milestone. RBI (Register Breadth Index) is a complementary structural-breadth indicator from scripts/py/iptm/breadth.py; divergence between RBI and severity is itself informative (high-sev / low-RBI = strategic chokepoint; low-sev / high-RBI = broad but shallow). Every action has at least one primary source URL. Verify-or-don't-file. See also themes, timeline, graph, sankey, map, country exposure, sector exposure, material exposure (+ graph), weekly briefs, portfolio scan, escalation monitor, trans-shipment hubs. Internal triage tools (RSS-poller candidate feed, source-feed health) live under /admin/candidates + /admin/sources. Subscribe via Atom feed (accepts ?country=CN, ?material=lithium, ?issuer=BIS, ?type=export_control, ?etf=SOXX, ?company=NVDA, ?minSeverity=4, ?year=2026, ?q=…) or pull /api/iptm/actions.
The Government of India, exercising powers under Section 11C of the Mines and Minerals (Development and Regulation) Act, 1957, amended the First Schedule on 29 January 2026 to add "Coking Coal" explicitly to Part A (Coal expanded to "Coal, including Coking Coal") and to Part D (Critical and Strategic Minerals list). The designation transfers exclusive auction authority over coking coal mining blocks from state governments to the Central Government and extends the existing EIA public-consultation exemption — previously applicable to atomic and strategic minerals — to coking coal projects. India imports approximately 80% of its coking coal requirements (primarily from Australia, the United States, Russia, and Canada); the classification is the statutory pathway to fast-track domestic exploration, NMEDT funding eligibility, and KABIL-backed overseas-acquisition mandates for coking coal.
The US Department of Commerce preliminarily determined that oleoresin paprika from India is being sold in the United States at less than fair value, setting estimated weighted-average dumping margins of 3.33% for Mane Kancor Ingredients Private Ltd, 5.66% for Synthite Industries Pvt. Ltd, and 4.60% for all other Indian exporters (period of investigation: 1 April 2024 - 31 March 2025). Commerce made a preliminary negative critical-circumstances finding and, because it offsets antidumping cash deposits by the export-subsidy rate already countervailed in the companion CVD proceeding, the effective cash-deposit rate for all three respondent tiers is currently 0.00%. Suspension of liquidation applies to covered entries from the notice's 2026-04-02 publication date; this is the antidumping companion to the CVD preliminary determination filed 2026-02-06 in this register.
On 27 January 2026 the European Union and India announced the conclusion of negotiations on a comprehensive Free Trade Agreement at the EU-India summit hosted at Hyderabad House in New Delhi, attended by PM Narendra Modi, Commission President Ursula von der Leyen and Council President António Costa. The deal — described by both leaders as the "mother of all deals" — covers ~25% of world GDP and ~2 billion people. The EU eliminates duties on 91% of tariff lines (covering 99.3% of bilateral trade by value); India eliminates duties on 86% of lines (covering 96.6% by value). Headline cuts include Indian tariffs on EU wines (150% → 75% at entry into force, falling to 20%), olive oil (45% → 0% over five years) and processed agri-food (up to 50% eliminated); EU tariffs are reduced/eliminated on Indian textiles, leather/footwear, gems and jewelry, marine products, tea, coffee, spices and certain agricultural and steel products. The agreement still requires Council adoption, European Parliament consent and approval by India's Union Council of Ministers; entry into force is expected in early 2027. Companion instruments concluded at the same summit include an EU-India Security and Defence Partnership and a Mobility and Migration Agreement.
India's Ministry of Railways, through Northeast Frontier Railway's construction organisation, issued Request for Proposal (Tender No. CE/CON/DK/EPC/2026/01) worth INR 306.10 crore for tunnel-protection and associated works on the Dimapur-Kohima (Dhansiri-Zubza) new broad-gauge railway line in Nagaland. The tender embeds a domestic- supplier bid-evaluation preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving Class-I local suppliers an advantage across civil-engineering and general-construction categories. Global Trade Alert records the intervention as announced/implemented 23 January 2026; contract value (INR 306.10 crore, ~USD 36.9 million) is disclosed on GTA's state-act record.
On January 23, 2026, the US Treasury's Office of Foreign Assets Control (OFAC) designated eight vessel-owning/management firms — based in the UAE, India, Oman, the Seychelles, and the Marshall Islands — and identified nine of their tankers as blocked property, for transporting hundreds of millions of dollars' worth of Iranian crude oil, LPG, naphtha and high-sulfur fuel oil to buyers across East Asia, South Asia and East Africa. The action was taken under Executive Order 13902 (Iran petroleum/petrochemical sector) as part of the maximum-pressure campaign under National Security Presidential Memorandum 2, and OFAC concurrently issued General License T authorizing limited safety, environmental and cargo-offloading transactions involving the newly blocked vessels.
The Rajasthan State Cabinet, chaired by Chief Minister Bhajan Lal Sharma, approved the Rajasthan Aerospace & Defence Policy 2026 on 21 January 2026 in the same session that cleared the Rajasthan Semiconductor Policy 2026. The policy positions Rajasthan as a manufacturing and MRO hub for aircraft, helicopters, drones, missiles, avionics, satellite buses, armoured vehicles, radars, defence electronics, and precision engineering, targeting OEMs, system integrators, MSMEs, and startups under the Make in India / Atmanirbhar Bharat defence-industrial pivot. Projects are tiered (large / mega / ultra-mega) with differentiated incentive menus including capital grants, tax reimbursements, and turnover-linked incentives aligned with national DPEPP and iDEX frameworks.
The Government of Rajasthan approved its first dedicated semiconductor industrial policy on 21 January 2026, offering a layered incentive stack on top of India's national Semiconductor Mission (ISM). The policy covers fab, ATMP, OSAT, compound semiconductors (SiC, GaN), display fabs, sensors, power electronics, PCBs, and fabless design, with investment-classification tiering (large / mega / ultra-mega categories). Key incentives include a 60% top-up on any ISM capital subsidy received, a 5% interest subsidy on term loans, 100% electricity duty exemption for seven years, 75% stamp duty and land conversion charges exemption, and SGST reimbursements. The official policy document was publicly released on 24 March 2026 via the Rising Rajasthan portal.
India's Ministry of Road Transport and Highways (MoRTH) issued a Request for Proposal (tender ref. 215/13Yata-NH-10//2025) for a road-widening project, valued by Global Trade Alert at INR 263.27 crore (~USD 31.5m). The tender embeds a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving a bid-evaluation advantage to Class-I local suppliers across civil-engineering, general-construction, and engineering-services categories. GTA records the intervention as announced/implemented 20 January 2026.
India's Ministry of Mines on 19 January 2026 notified the country's first national Tailings Policy, establishing a standardised framework for the systematic exploration, sampling and economic evaluation of critical and strategic minerals from secondary sources — tailings, mine dumps, slag, anode slimes, red mud and fly ash — at existing mines. The policy designates the Geological Survey of India (GSI), Indian Bureau of Mines (IBM) and Atomic Minerals Directorate (AMD) as the implementing agencies, and mandates inter-ministry coordination across the Ministries of Coal, Mines, Petroleum and Atomic Energy because critical-mineral host materials cut across sectoral jurisdictions. It supplements the National Critical Mineral Mission (2025-01-29) by adding a secondary-source recovery track aimed at lithium, cobalt, nickel and rare earth elements found as companion minerals in legacy mining waste, with the explicit objective of reducing import dependency.
NHAI issued a tender (ref. NHAI/Tech/Del/MRT/174600) for road construction in Uttar Pradesh state, valued by Global Trade Alert at INR 194.35 crore. The tender embeds a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving a bid-evaluation advantage to Class-I local suppliers across civil-engineering, general-construction, and engineering-services categories. GTA records the intervention as announced/implemented 16 January 2026.
On 15 January 2026, Canada's Minister of Housing and Infrastructure announced the federal government's CAD 950.9 million contribution — matched by a CAD 950 million Ontario investment, for a combined CAD 1.9 billion — toward the Toronto Transit Commission's contract with Alstom Americas for 55 new subway trains (New Subway Train / Line 2 fleet). The procurement is publicized as the first implementation instance of the Buy Canadian Procurement Policy Framework (in force since 16 December 2025): TTC states 55% of train content will be Canadian-sourced, with final assembly at Alstom's Thunder Bay, Ontario plant and testing in Kingston, Ontario, creating roughly 900+ direct and 1,700+ indirect jobs. Global Trade Alert logs the intervention as a public-procurement localisation measure affecting India and the United States as the countries where Alstom's competing manufacturing bases (and rival bidders) would otherwise have supplied the contract.
NHPC Limited issued Notice Inviting e-Tender No. 2026_NHPC_894115_1 (registered ~12 January 2026, corrigendum 19 January 2026) for "Development of Power Evacuation Infrastructure for 1200MW Jalaun Solar Park" — three 33/400 kV pooling substations and associated transmission works for the Bundelkhand Saur Urja Limited (BSUL) solar park, a joint venture between NHPC and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA). Global Trade Alert values the tender at INR 614.21 crore. Per NHPC's standing compliance with the Government of India's Public Procurement (Preference to Make in India) Order, 2017, bidders must certify minimum local content, giving Class-I local suppliers a bid-evaluation preference margin. GTA records the intervention as announced/implemented 15 January 2026.
Bangalore Metro Rail Corporation Limited (BMRCL) issued a tender (RFP ref. BMRCL/Phase-3/P3/Double Decker/2026/145, 13 January 2026) for construction of elevated structures — metro viaduct, rail-cum-road flyover, and stations spanning approximately 6.652 km — as part of the Bangalore Metro Phase 3 double-decker corridor, with a disclosed contract value of INR 1,415.65 crore (~USD 165-170 million). The tender embeds a domestic-supplier local-content preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, restricting bid-evaluation advantage toward Class-I local suppliers across the civil-engineering, general-construction, and engineering-services categories. Global Trade Alert records the intervention as announced and implemented on 13 January 2026.
On 12 January 2026 India's Ministry of Road Transport and Highways published a Request for Proposal (ref. TN.No.25/HDO/NH/2025-26/) for a flyover-construction project in Tamil Nadu valued at INR 116.78 crore (~USD 13.6 million), embedding a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, across civil-engineering, general-construction, and engineering-services categories. Global Trade Alert records the intervention as announced/implemented 12 January 2026, in force, with no revocation date; full tender terms sit behind GTA's account-gated view.
On 12 January 2026 the National Highways Authority of India published a Request for Proposal (ref. RW/NH-12014/08/2025-RJ/ZONE WEST) for a road-construction project in Rajasthan valued at INR 481.35 crore (~USD 56 million), embedding a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, across civil-engineering, general-construction, and engineering-services categories. Global Trade Alert records the intervention as announced/implemented 12 January 2026, in force, with no revocation date; full tender terms sit behind GTA's account-gated view.
On 12 January 2026 India's National Highways Authority of India issued a Request for Proposal (ref. RW/JAI/RJ/RO/AP/2024-25/138) for a road-construction project in Rajasthan valued at INR 633.99 crore (~USD 76 million), embedding a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, across civil-engineering, general-construction, and engineering-services categories. Global Trade Alert records the intervention as announced/implemented 12 January 2026, in force, with no revocation date; full tender terms sit behind GTA's account-gated view.
On 12 January 2026 the National Highways Authority of India (Zone West, Rajasthan) published a Request for Proposal (ref. RW/NH-12014/11/2025-RJ/ZONE-WEST) for a road-construction project in Rajasthan valued at INR 883.21 crore (~USD 103 million), embedding a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, across civil-engineering, general-construction, and support-services categories. Global Trade Alert records the intervention as announced/implemented 12 January 2026, in force, with no revocation date; full tender terms sit behind GTA's account-gated view.
On 12 January 2026 NHPC Limited (a Government of India enterprise) launched a tender for civil works on the Kamala Hydroelectric Project (1,720 MW, Kamle district, Arunachal Pradesh) valued at INR 3,137.8 crore (~USD 378 million), embedding a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, across general-construction and civil-engineering categories. Global Trade Alert records the intervention as announced/implemented 12 January 2026, in force, with no revocation date; full tender terms sit behind GTA's account-gated view.
MPPKVVCL, a Madhya Pradesh state power-distribution utility, issued a tender for smart prepaid electricity meters valued by Global Trade Alert at INR 1,329 crore. The tender embeds a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving a bid-evaluation advantage to Class-I local suppliers in the electricity/electronics-manufacturing procurement category. GTA records the intervention as announced/implemented 9 January 2026.
MPPKVVCL, a Madhya Pradesh state power-distribution utility, issued a tender for smart prepaid electricity meters (advanced metering infrastructure appointment) valued by Global Trade Alert at INR 1,498 crore. The tender embeds a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving a bid-evaluation advantage to Class-I local suppliers in the instruments/electricity-and-gas procurement category. GTA records the intervention as announced/implemented 9 January 2026 — a separate lot from the same utility's companion INR 1,329 crore smart-meter tender filed the same day.
North Eastern Electric Power Corporation Limited (NEEPCO), a Government of India enterprise, published a public-procurement tender on 9 January 2026 for Power House Electro-Mechanical Works on the 3x80 MW Heo Hydro Electric Project (Shi Yomi District, Arunachal Pradesh) that embeds a domestic-supplier local-content requirement under India's Public Procurement (Preference to Make in India) Order, 2017. Global Trade Alert records the intervention as announced and implemented the same day. The underlying EM-works tender (NIB No. 477, dated 26 February 2025, Tender ID 2025_NEEPC_228155_1) was independently located via third-party tender-aggregator listings, though its specific local-content percentage sits in the full RFP document rather than in public summaries.
NHAI's Project Implementation Unit at Lucknow (PIU-LKO) published a Request for Proposal (ref. NHAI/PIU-LKO/NH-27/Blackspot/2026) for the rectification of an accident blackspot on NH-27 in Uttar Pradesh, valued by Global Trade Alert at INR 107.87 crore. The tender embeds a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving a bid-evaluation advantage to Class-I local suppliers across civil-engineering, general-construction, and engineering-services categories. GTA records the intervention as announced/implemented 9 January 2026.
North Eastern Electric Power Corporation Limited (NEEPCO), a Government of India enterprise, published a public-procurement tender on 8 January 2026 for civil works (RCC abutments, wing walls and allied structures) on the 240 MW Heo Hydro Electric Project (West Siang / Shi Yomi district, Arunachal Pradesh) that embeds a domestic-supplier local-content requirement under India's Public Procurement (Preference to Make in India) Order, 2017. Global Trade Alert records the intervention as announced and implemented the same day. This is a separate procurement package (civil works) from the electro-mechanical-works tender for the same underlying project already on the register.
On 8 January 2026, NHAI published a Request for Proposal (tender ref. MPDIV-2101...) for a road-construction project in Madhya Pradesh state, valued by Global Trade Alert at INR 1,662.93 crore (~USD 190m). The tender embeds a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving a bid-evaluation advantage to Class-I local suppliers across civil-engineering, general-construction, and supporting-services categories. GTA records the intervention as announced/implemented 8 January 2026.
Bhabha Atomic Research Centre (BARC), India's primary nuclear research organisation, published an engineering-procurement- construction (EPC) tender (Tender ID BARC(V)/CES/IPR/EPC/208) on 6 January 2026 for an isotopes production reactor at Visakhapatnam that embeds a domestic-supplier local-content requirement and bid-evaluation preference margin under India's Public Procurement (Preference to Make in India) Order, 2017. Global Trade Alert records the intervention as announced and implemented the same day. This follows the same pattern as the register's other single-tender DPIIT Make-in-India filings (NHAI, NHIDCL, NEEPCO, UPMRC, BMRCL, NHPC, MPPKVVCL), applied here to nuclear infrastructure procurement.
On 6 January 2026 National Highways Logistics Management Limited (NHLML), an NHAI subsidiary, published a Request for Proposal (ref. NHLML/Ropeways/Kamakhya/2026/) for the development, operation, and maintenance of a ropeway connecting Kamakhya Railway Station to Kamakhya Temple in Guwahati, Assam, valued at INR 201.52 crore (~USD 24 million), embedding a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, across civil-engineering, general-construction, and engineering-services categories. Global Trade Alert records the intervention as announced/implemented 6 January 2026, in force, with no revocation date; full tender terms sit behind GTA's account-gated view.
Rail Vikas Nigam Limited (RVNL) issued tender RVNL/KOL/EL/Metro/20 (announced and implemented 6 January 2026) for Design, Supply, Erection, Testing and Commissioning of Environmental Control Systems (ECS) and Tunnel Ventilation Systems (TVS) across four underground stations on the Kolkata Metro, with a disclosed contract value of INR 305.81 crore (~USD 36 million). The tender embeds a domestic- supplier local-content preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, restricting bid-evaluation advantage toward Class-I local suppliers across the civil-engineering, general-construction, and engineering-services categories. Global Trade Alert records the intervention as announced and implemented on 6 January 2026.
The US Department of Commerce preliminarily determined that chromium trioxide (chromic acid anhydride, used in chrome plating and surface-finishing) from India and Türkiye is being sold in the United States at less than fair value, following a September 2025 petition by American Chrome & Chemicals. Commerce set a preliminary weighted-average dumping margin and cash-deposit rate of 14.44% for India's Vishnu Chemicals (12.00% cash-deposit rate) and 40.88% for Türkiye's Şişe ve Cam Fabrikaları, triggering suspension of liquidation and cash-deposit collection on covered entries from both countries effective 2026-05-22. The investigation period was July 1, 2024 - June 30, 2025; final determinations are scheduled for 2026-08-10 (Türkiye) and 2026-10-07 (India, aligned with the companion countervailing-duty case).
Australia's Treasury applied its annual 1 January indexation to the monetary screening thresholds under the Foreign Acquisitions and Takeovers Act 1975, effective 1 January 2026. Most thresholds move with CPI (the 2026 update reflects roughly a 2.3% rise in the June-quarter CPI), producing country-specific changes where thresholds are set relative to free-trade agreement status or country-specific baselines — Global Trade Alert logged threshold decreases for Chile, New Zealand and the United States and increases for India, Hong Kong and Peru in this cycle. Fixed ($0) national- security, residential-land, media and foreign-government-investor thresholds and the non-indexed agricultural-land thresholds ($15m cumulative general; $50m for Thailand) are unchanged.
NHAI's Jharkhand Division tendered a Performance-Based Maintenance Contract (PBMC) covering operation and maintenance of the 4-laned Kutchery Chowk (Ranchi)–Piska More–Bijupara section of NH-75 (km 3.560–55.000) and the Piska More–Palma section of NH-23 (km 3.600–26.000), a combined ~72.67 km, estimated cost ~INR 160.70 crore (NIT), with Global Trade Alert recording a related contract value of INR 197.36 crore. The tender embeds a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving a bid-evaluation advantage to Class-I local suppliers in civil-engineering, general-construction, and engineering-services categories. GTA records the intervention as announced/implemented 2 January 2026, referencing tender ID E-249659; the underlying NIT was published 25 February 2025 with bid opening 23 May 2025 for a 1,825-day (~5-year) O&M term.
NHAI's Maharashtra & Goa Division issued a Request for Proposal (ref. MHDIV-24/14/2025-Maharashtra & Goa Division) for road-works maintenance in Maharashtra state, valued by Global Trade Alert at INR 94.57 crore. The tender embeds a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving a bid-evaluation advantage to Class-I local suppliers across civil-engineering, general-construction, and engineering-services categories. GTA records the intervention as announced/implemented 2 January 2026.
NHIDCL issued a Request for Proposal on 2 January 2026 for Package-1 (Km 0+000 to Km 45+645, project cost ~INR 4,734.24 crore) of the Mawlyngkhung (Meghalaya)–Panchgram (Assam) greenfield high-speed corridor, to be built on a hybrid annuity basis. The tender embeds a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, applying a bid-evaluation advantage to Class-I local suppliers in the civil works and general-construction categories. Bid submission deadline is 8 July 2026.
NHAI published a Request for Proposal for the rehabilitation and strengthening of a further section of NH-44 (Panipat–Khanna, Package 1), spanning Haryana and Punjab, valued by Global Trade Alert at INR 275.49 crore. As with the companion Package 2 and Package 3 tenders on the same corridor, the RFP embeds a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving a bid-evaluation advantage to Class-I local suppliers across civil-engineering, general-construction, and engineering-services categories. GTA records the intervention as announced/implemented 1 January 2026.
NHAI published a Request for Proposal for the rehabilitation and strengthening of a further section of NH-44 (Panipat–Khanna, Package 2), spanning Haryana and Punjab, valued by Global Trade Alert at INR 278.04 crore. As with the companion Package 3 tender on the same corridor, the RFP embeds a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving a bid-evaluation advantage to Class-I local suppliers across civil-engineering, general-construction, and engineering-services categories. GTA records the intervention as announced/implemented 1 January 2026.
NHAI published a Request for Proposal for the rehabilitation and strengthening of a section of NH-44 (Panipat–Khanna, Package 3) in Punjab, valued by Global Trade Alert at INR 284.48 crore. The tender embeds a domestic-supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving a bid-evaluation advantage to Class-I local suppliers across civil-engineering, general-construction, and engineering-services categories. GTA records the intervention as announced/implemented 1 January 2026.
NHAI published a Request for Proposal for the permanent rectification of blackspots and accident-prone locations on the Madurai–Kayathar section of NH-44 in Tamil Nadu, valued by Global Trade Alert at INR 255.94 crore. The tender embeds a domestic- supplier preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving a bid-evaluation advantage to Class-I local suppliers across civil-engineering, general-construction, and engineering-services categories. GTA records the intervention as announced/implemented 1 January 2026.
UPMRC issued a Notice Inviting Tender (ref. UPMRC/LKCC(02)-02/Vol-1/NIT) on 1 January 2026 for the design and construction of the elevated viaduct and five elevated stations (Thakurganj, Balaganj, Sarfarajganj, Musabagh, Vasantkunj) on Lucknow Metro Line-2's East-West Corridor (Phase 1B), valued at approximately INR 492.22 crore. As with the parallel NHAI/NHIDCL road-tender filings on this register, the NIT embeds a domestic-supplier local-content requirement and purchase preference margin under India's Public Procurement (Preference to Make in India) Order, 2017, giving Class-I local suppliers a bid-evaluation advantage in the civil-engineering, general-construction, and site-preparation-services categories. Global Trade Alert logs this as two linked interventions (localisation and preference margin) under the same state act; both are consolidated into this single filing.
The Government of Maharashtra, Industries Department, notified the Maharashtra Industry, Investment, and Services Policy-2025 on 31 December 2025, valid for five years and superseding the prior Maharashtra Industrial Policy 2019. The umbrella state-level instrument supports Maharashtra's "trillion-dollar economy by 2030" and "Developed Maharashtra 2047" vision with targets of ₹70.5 lakh crore (~USD 850 bn) cumulative investment, 50 lakh (5 million) jobs across manufacturing and services, and expansion of industry's share of Gross State Value Added to 30%. It is Maharashtra's first-ever combined industry + services + investment-promotion framework (prior policies were industry-only), establishes the unified "Invest Maharashtra" platform and revamped MAITRI 2.0 portal (125+ services, AI investor support, blockchain document verification), and empowers a Cabinet Sub-Committee under the Chief Minister to sanction bespoke customised-package incentives for Mega and Ultra-Mega Projects above the ₹500 crore threshold.
India's Ministry of Defence signed contracts worth Rs 2,770 crore (~USD 315 million) on 30 December 2025 for 425,000 Close Quarter Battle (CQB) carbines with accessories for the Indian Army and Navy, carrying a domestic-manufacturing/localisation requirement. Bharat Forge Ltd was awarded ~60% of the order (~255,000 units, ~Rs 1,662 crore) for an indigenous DRDO-ARDE-designed 5.56x45mm carbine; PLR Systems Pvt Ltd (an Israel Weapon Industries-India Adani joint venture) was awarded ~40% (~170,000 units, ~Rs 1,108 crore) to produce the Israeli-origin IWI ACE 21N carbine at its Kanpur and Gwalior facilities in India. Deliveries run from September 2026 through 2028.
The Ministry of Finance, Department of Revenue (Central Board of Indirect Taxes and Customs) issued Notification No. 02/2025-Customs (SG) dated 30 December 2025, imposing a definitive three-year safeguard duty on imports of "Non-Alloy and Alloy Steel Flat Products" classified under Customs Tariff headings 7208, 7209, 7210, 7211, 7212, 7225 and 7226 (hot-rolled coils/sheets/plates, hot-rolled plate-mill plates, cold-rolled coils/sheets, metallic coated sheets including galvanneal and aluminium-zinc coated, and colour-coated coils/sheets). Duty rates are graduated: 12% ad valorem for 21 April 2025 – 20 April 2026, 11.5% for 21 April 2026 – 20 April 2027, and 11% for 21 April 2027 – 20 April 2028. The notification implements the final findings of the Director General (Trade Remedies) (DGTR notification 22/01/2024-DGTR dated 16 August 2025) which concluded that imports of subject goods rose from 2.293 mt in FY 2021-22 to 6.612 mt during the period of investigation, causing serious injury and threat of serious injury to the domestic industry. The definitive measure supersedes the provisional 200-day safeguard duty imposed at 12% ad valorem from 21 April 2025 by Notification 01/2025-Customs (SG); no safeguard duty applies for the interim period between expiry of the provisional duty (early November 2025) and the day preceding Gazette publication of the definitive notification. Imports from developing-country WTO members are exempt unless the share of any individual developing country exceeds 3% of total imports of the subject goods, or the collective share of developing countries exceeding 3% individually exceeds 9% — the China and Vietnam carve-outs from this exemption preserve full applicability of the duty to the dominant cheap-import sources.
Decree reforming various tariff fractions of the General Import and Export Duties Tariff (TIGIE), published in the Diario Oficial de la Federación on 29 December 2025 and in force 1 January 2026. The reform, approved by Congress as a statutory amendment to the LIGIE (Chamber of Deputies and Senate, Dec 2025) and signed by President Claudia Sheinbaum, raises MFN import duties to between 5% and 50% ad valorem on 1,463 tariff lines covering more than 20 chapters of the TIGIE, spanning automotive, auto parts, textiles, apparel, footwear, steel, aluminum, plastics, paper, leather, furniture, glass, toys, appliances and cosmetics. The increases apply only to goods originating in countries without a free trade agreement with Mexico — principally China, South Korea, India, Vietnam, Thailand, Brazil, Indonesia, Chinese Taipei, the UAE, and South Africa. The decree formalises at statutory level the September 2024 Sheinbaum executive order placing a 50% duty on finished passenger vehicles from non-FTA states and is framed by the Secretaría de Economía and SHCP as the operational tariff instrument of Plan México (2025-01-21).
India's Ministry of Ports, Shipping and Waterways notified operational guidelines on 26 December 2025 for two paired shipbuilding subsidy schemes with a combined outlay of ₹44,700 crore (~USD 5.4bn). SBFAS (₹24,736 crore corpus) provides 15–25% per-vessel financial assistance tiered by vessel category, with milestone-linked disbursement and a 40% scrap-value credit for vessels broken at Indian yards. SbDS (₹19,989 crore outlay) funds greenfield shipbuilding clusters, brownfield-yard modernisation, and establishment of an India Ship Technology Centre. Both schemes are valid to 31 March 2036 with an in-principle extension to 2047, with applicability for shipbuilding contracts signed from 24 September 2025. On 7 January 2026 the guidelines were amended to include chemical tankers under SBFAS Category-1.
India's DGFT issued Notification No. 50/2025-26 on 18 December 2025 (Gazette of India, Extraordinary, Part II, Section 3(ii)), inserting a new Policy Condition No. 08 under Chapter 29 of ITC (HS) 2022, Schedule-I (Import Policy). Imports of diluted Potassium Clavulanate below a CIF value of USD 77/kg, Potassium Clavulanate (KGA) below USD 180/kg, and specified clavulanic-acid-manufacture intermediates below USD 92/kg are reclassified from "Free" to "Restricted," requiring a DGFT import authorisation before Customs clearance. The measure took immediate effect and runs until 30 November 2026. It is aimed at countering low-priced Chinese potassium-clavulanate exports and protecting Indian bulk-drug fermentation capacity (Aurobindo Pharma and other domestic API makers) amid a global potassium-clavulanate supply glut.
On December 18, 2025, the US Treasury's Office of Foreign Assets Control (OFAC) designated 29 shadow-fleet vessels and 17 vessel-management/shipping firms — plus Egyptian businessman Hatem Elsaid Farid Ibrahim Sakr and two of his UAE-registered companies (Red Sea Ship Management LLC and High Seas Petroleum LLC) — under Executive Order 13902 for operating in Iran's petroleum sector. The vessels, flagged across Palau, Panama, Cook Islands, Barbados, Jamaica and unknown registries, are said to have transported "hundreds of millions of dollars'" worth of Iranian crude oil, fuel oil, bitumen, naphtha and condensate to buyers in Asia. Treasury frames the action as part of a campaign that has sanctioned more than 180 vessels since President Trump resumed office in January 2025, implementing NSPM-2 maximum-pressure policy.
The Ministry of Finance, Department of Revenue (Central Board of Indirect Taxes and Customs) issued Notification No. 35/2025-Customs (ADD) dated 18 December 2025, imposing a definitive five-year anti-dumping duty on imports of Cold Rolled Non-Oriented Electrical Steel (CRNO) originating in or exported from the People's Republic of China, falling under tariff headings 7210, 7225 and 7226 of the First Schedule to the Customs Tariff Act 1975. Duty rates are specific: USD 223.82 per metric tonne for Wuhan Iron & Steel Co., Ltd., Baosteel Zhanjiang Iron & Steel Co., Ltd., and Baoshan Iron & Steel Co., Ltd., and USD 414.92 per metric tonne for all other Chinese producers/exporters. The measure implements the DGTR final findings F.No. 06/32/2024-DGTR dated 19 September 2025 (JSW Steel and Tata Steel principal domestic complainants), which found dumping margins and material injury to the Indian domestic industry. Cold-rolled fully hardened silicon electrical steel (CRFH), the upstream feedstock used to produce CRNO, is explicitly excluded from the duty. CRNO is a critical input for electric motors, transformers, generators and EV traction motors — its dumping into India underpinned a complaint from integrated mills (JSW, Tata) competing against Chinese supply at margins below construction-cost-plus-reasonable-profit benchmarks.
Brazil's Ministry of Science, Technology and Innovation (MCTI) and its financing arm FINEP opened a non-reimbursable economic-subsidy call of up to R$60 million (~USD 11 million), funded by the National Fund for Scientific and Technological Development (FNDCT), to finance Brazilian companies developing a low-cost small tractor (15-18hp) plus at least six compatible agricultural implements for family farming. The formal edital ("Seleção Pública MCTI/FINEP/FNDCT — Desafios Tecnológicos para Agricultura Familiar") was published 23 December 2025 with a submission deadline of 3 March 2026; funded projects must donate completed technology packages to farmer cooperatives. The programme is a domestic R&D/production-support subsidy rather than a border instrument, but it directs public financing toward import-substituting domestic tractor manufacturing.
On 12 December 2025 India's Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved higher Minimum Support Prices (MSP) for copra for the 2026 marketing season (January-April 2026). The MSP for milling copra (Fair Average Quality) rises to Rs 12,027 per quintal, up Rs 445 (+3.8%) from the 2025 season, while the MSP for ball copra rises to Rs 12,500 per quintal, up Rs 400 (+3.3%). Procurement is executed nationally through NAFED and NCCF as Central Nodal Agencies under the Price Support Scheme (PSS)/PM-AASHA umbrella, primarily benefiting coconut growers in Kerala, Karnataka and Tamil Nadu, and structurally disadvantages coconut/copra-based edible-oil imports and re-exports competing with subsidized domestic supply, including from Indonesia.
On 11 December 2025 the US Department of State announced the inaugural Pax Silica Summit, held in Washington D.C. on 12 December 2025, at which the United States, Australia, Japan, the Republic of Korea, the United Kingdom, Singapore and Israel signed the non-binding Pax Silica Declaration. The declaration commits signatories to coordinate "trusted" supply chains across the full technology stack — software, frontier foundation models, network infrastructure, compute and semiconductors, advanced manufacturing, transportation logistics, minerals refining and processing, and energy — explicitly to reduce "coercive dependencies." The coalition has since expanded to add the United Arab Emirates, Greece, Qatar, Sweden and India (signed 20 February 2026 at the India AI Impact Summit), and on 26 March 2026 State announced a USD 250 million Pax Silica Fund intended to catalyse trusted-capital co-investment in critical-minerals processing and semiconductor supply chains.
Pakistan's Directorate General of Customs Valuation (Karachi), acting under the Federal Board of Revenue, issued Valuation Ruling No. 2029/2025 on 3 December 2025, fixing new minimum customs values for imports of eleven aroma and aromatic chemicals used in perfumes and cosmetics — Citronellol, Coumarin, Dihydro Myrcenol, Eugenol, Geraniol, Linalool, Musk Ambrette, Sandela, Eucalyptus Oil, Peppermint Oil, and Vanillin — sourced primarily from China. The ruling was triggered by representations from domestic importer M/s Franscent (Pvt.) Ltd., which alleged systematic under-invoicing of these products, and was determined under Section 25(9) read with Sections 25(5) and 25(6) of the Customs Act, 1969, after the Directorate found transaction-value and comparable-goods valuation methods unworkable due to sparse and inconsistent import data. Clearance Collectorates were instructed to enforce accurate CAS-number and chemical-identity declarations to prevent misclassification against the new benchmark values.
On 26 November 2025 Prime Minister Mark Carney announced a package of measures to protect Canada's steel and softwood lumber industries, effective 26 December 2025. For steel, Canada tightened the tariff-rate quota (TRQ) available to countries without a Canada free trade agreement from 50% to 20% of 2024 import levels, and cut the TRQ for FTA partners outside CUSMA (i.e. not the US/Mexico) from 100% to 75% of 2024 levels; imports above quota face a 50% surtax. A new 25% tariff on the full value of listed steel-derivative products (doors, windows, fasteners, structural components and related goods) applies to all countries, covering an estimated CAD 10 billion+ of derivative imports. For softwood lumber, Canada added CAD 500 million to the BDC Softwood Lumber Guarantee Program (bringing it to CAD 1.2 billion) and earmarked a further CAD 500 million under the Large Enterprise Tariff Loan facility for lumber-sector liquidity support.