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    PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JULY 2026, AND FINA...
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    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
    The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in Apr...
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    August 14, 2026
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    Wholesale and producer price indices show July inflation movements, provisional estimates, final revisions, and manufacturing input-price trends.
    Wholesale Price Index, Output Producer Price Index, and trial Input Producer Price Index estimates under the 2022-23 base-year series set out provisional July 2026 measures and final May 2026 revisions. All-commodities WPI stood at 110.0 in July 2026, with year-on-year inflation of 9.78 per cent. The all-commodities Output PPI was unchanged at 109.9, while the trial Input PPI for manufacturing was provisionally estimated at 105.9. Final May WPI, Output PPI and trial Input PPI measures were revised from their respective provisional estimates.
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    Logistics Data Bank provides near real-time visibility of India's EXIM container movement through technology-based tracking and stakeholder monitoring tools. RFID-based coverage extends across ports, terminals, inland logistics facilities, rail networks, industrial zones, borders and highways. The platform uses RFID, Internet of Things, Big Data and Cloud technologies, with analytics on dwell time, transit time, and port and terminal performance to identify logistics bottlenecks. LDB 2.0 adds high-seas tracking of export containers and multimodal shipment visibility.
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    Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
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    Clandestine psychotropic drug manufacturing faces enforcement targeting precursor chemicals, concealed laboratories, illicit production networks and trafficking operations.
    Enforcement action against clandestine manufacture of psychotropic substances led to the detection of a residential drug-production facility. Searches recovered amphetamine and intermediary forms, precursor chemicals, reagents, raw materials, and manufacturing equipment. Field testing indicated the presence of amphetamine, a psychotropic substance regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985. The recovered apparatus and materials indicated illicit manufacture, while preliminary investigation pointed to short-term, intermittently operated facilities intended to conceal production activities.
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    International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
    UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.
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    Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
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    Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
    India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
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    GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
    GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
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    Referral arrangements connect mobile connectivity benefits with the Student Guaranteed Investment Certificate application journey. Applicants may access an online portal through a referral link, submit documents, complete know-your-customer verification, and fund the GIC from permitted Indian bank accounts in no more than two transactions. After arrival, students may activate the GIC account and open a linked bank account for receipt of GIC transfers. Eligible verified applicants receive non-cash mobile credits usable only against mobile bills, subject to a cap on the bill portion payable through credits.
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    Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
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    Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
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    Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
    India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
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    EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
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    Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
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    August 13, 2026
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    Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
    SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.

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      Customs, DGFT & SEZ

      Pharmaceutical and Export Promotion Council

      July 10, 2019

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      Pharmaceutical Export Promotion Council of India (Pharmexcil) was set up by the Ministry of Commerce & Industry in 2004 with a mandate to promote Pharmaceuticals exports and is playing the role of a facilitator in promoting exports of pharmaceutical products.

      The Indian pharmaceutical industry, through participation in various trade events and fairs have been able to enhance its presence and exports of pharmaceutical products in countries across the world.  The value of pharmaceuticals exports during the last five years is as under:

      India's Pharma exports for Five years ending 2018-19

             (In US $ million)

      Year

      2014-15

      2015-16

      2016-17

      2017-18

      2018-19

      Pharmaceuticals Exports

      15433

      16912

      16785

      17281

      19134

      List of export Promotional activities undertaken by Pharmexcil with the support of the Department of Commerce during the last five years is given below:

      List of export promotional activities undertaken by Pharmexcil with the support of Department of Commerce during the last 5 years

      2014-15

      S.No.

      Name Of The Event

      Date

      Country

      Brief Particulars

      1.

      Pharmaconex, Egypt

      01st – 03rd April, 2014

      Egypt

      23 Indian companies participated in the event

      2.

      CPhI-China

      26th – 28th June, 2014

      China

      22 Companies participated in the event

      3

      CPhI-Istanbul

      04th – 06th June, 2014

      Turkey

      Pharmexcilparticipated 1st time in the Event and 15 companies participated in the event

      4

      Korea Pharma

      10th – 13th June, 2014

      South Korea

      Pharmexcilparticipated 2nd time in the event.  12 Companies have participated in the event

      5

      Interphex

      05th – 07th JULY, 2014

      Japan

      Pharmexcilorganized B2B and 15 companies participated in the event

      6

      Expo-Cum-BSM In South America

      05th – 07thAugust, 2014

      Brazil

      15 Companies participated in the Event.

      7

      Business Delegation Latin America

      07th – 20thAugust, 2014

      Bolivia,Peru

      ,El Salvador And Guatemala

      27 Companies participated in the Event

      8

      India Show At Russia,  Moscow

      24th – 25thSeptember, 2014

      Russia

      20 Companies participated in the Event and 120 Foreign Buyers have attended

      9

      CPhI-Worldwide

      07th – 09thOctober, 2014

      Paris

      Pharmexcilparticipated 9th time in the event and 35 companies participated

      10

      Pharmtech

      25th – 28th Nov, 2014

      Russia                   

      2nd participation by Pharmexciland 10 Companies have taken part in the Event.

      11

      Arab Health

      26th– 29thJanuary, 2015

      Dubai

      This is the 08th consecutive participation in the event.  48 companies participated in the event

      12

      Business Delegation To East European Countries

      15th – 25thFebruary, 2015

      Hungary, Romania, Czech Republic

      Pharmexcilorganized and 22 companies participated in the Event

      13

      Expo-Cum-BSM in  Myanmar

      19th – 21stFebruary, 2015

      Myanmar

      20 Companies participated in the Expo

      14

      Business Delegation to CIS Countries

      08th – 18thMARCH, 2015

      Uzbekistan,Kyrgyzstan & Kazakhstan

      48 Indian Companies participated in the BSMs

      15

      Business Delegation to ASEAN Countries

      11th – 20thMARCH, 2015

      Philippines, Cambodia & Vietnam

      EXPO organized in Vietnam and BSM in other 2 countries. 45 Companies participated

      16

      Engredia

      06th – 08thMARCH, 2015

      USA

      10 Companies participated in the Event

      17

      IPHEX

      21st – 23rd May, 2014

      India

      300 Indian Exhibitors and 620 Foreign Delegates have participated

      18

      BSMs In Vibrant Gujarat

      09th-11thJanuary, 2015

      India

      120 Indian delegates and 70 Overseas have attended the BSMs

      19

      Bio Asia

      05th – 07thFebruary, 2015

      India

      24 Overseas and 60 Indian Delegates attended the event

      2015-16

      S.No.

      Name Of The Event

      Date

      Country

      Brief Particulars

      1

      Pharmaconex

      18th-20th April,2015

      Egypt

      Pharmexcil participated for the 3rd consecutive year and orgnaized India Pavilion. 23 companies participated

      2

      CPhI-China

      24th-26th ,June,2015

      China

      Participated for the 5th consecutive year and organized India Pavilion. 23 companies

      3

      Korea Pharma

      21st -24th April,2015

      South Korea

      Pharmexcil participated for the 3rd consecutive year and orgnaized India Pavilion. 12 companies participated

      4

      Iran Health

      15th-18th May,2015

      Iran

      Pharmexcil participated   and orgnaized India Pavilion. 20 companies participated

      5

      CPhI-Istanbul

      03rd- 05thJune,2015

      Turkey

      Pharmexcil participated for the 2nd consecutive year and orgnaized India Pavilion. 26 companies participated

      6

      BSM – Cum - EXPO IN LAC COUNTRIES

      23rdAugust – 05thSeptember,15

      Peru,

      Paraguay

      ,Chile and Argentina

      Pharmexcil has organized BSM-cum-Expo in Peru and BSMs in 3 LAC Countries. 42companies participated in the event

      7

      CPhI-Worldwide

      13th-15thOctober,2015

      Spain

      10th participation of the Pharmexcil in the event.  50 companies participated in the event

      8

      Expo-Cum-BSM In Russia & BSM In Belarus & Uzbekistan

      24thFebruary – 05thMarch, 2016

      Russia, Belarus & Uzbekistan

      Pharmexcil organized BSM cum Expo in Russia followed BSMs in 2 countries. 75 companies participated in the Event.

      9

      Arab Health 2016

      25th – 28th January,

      2016

      Dubai

      Pharmexcil participated for the 9th consecutive year and organized India Pavilion. 51 companies participated

      10

      Vita Food

      05th-7th May 2015

      Switzerland

      Pharmexcil participated for the 6th consecutive year and orgnaized India Pavilion. 10 companies participated

      11

      IPHEX-Africa And BSM In Nigeria

      18th-19thFebruary2016

      Nigeria

      Pharmexcil organized Expo in Nigeria. 84 companies participated

      12

      IPHEX

      13th  – 15th May, 2015

      India

      3rd edition of IPHEX was held at Mumbai .401 Indian companies exhibited. 550 Overseas buyers taken part in the event.

      13

      Business Delegation to ASEAN Countries

      13th-23rd  March ,16

      Cambodia,Vietnam & Thailand

      Pharmexcil organized Business delegation to Vietnam, Cambodia and Thailand and 35 Indian Companies participated

      14

      Supplyside – West

      07th – 08thOctober, 2015

      Switzerland

      Pharmexcil participated in the Exhibition and 10 Indian Companies participated

      15

      BSM at India Pharma Expo

      07th -09th January, 2016

       India

      Pharmexcil participated in the Event  and 100 Indian Companies and 20 Foreign Buyers participated

      2016-17.

      S.No.

      Name Of The Event

      Date

      Country

      Brief Particulars

      1

      Pharmaconex

      19th-21st April, 2016

      Egypt

      Pharmexcil participated for the 4th consecutive year and orgnaized India Pavilion. 23 companies participated

      2

      CPhI-Japan

      20th-22nd April, 2016

      Japan

      Pharmexcil participated in the event and 15 companies participated

      3

      Korea Pharma

      26th-29th April, 2016

      South Korea

      Pharmexcil participated for the 4th consecutive year and orgnaized India Pavilion. 19 companies participated

      4

      Vita Food

      10th-12th May, 2016

      Switzerland

      Pharmexcil participated for the 7th consecutive year and orgnaized India Pavilion. 10 companies participated

      5

      Iran Health

      15th-18th May, 2016

      Iran

      Pharmexcil participated   and orgnaized India Pavilion. 20 companies participated

      6

      CPhI-Istanbul

      01st-03rd June, 2016

      Turkey

      Pharmexcil participated for the 3RD consecutive year and orgnaized India Pavilion. 13 companies participated

      7

      AAPI – USA

      01st-03rd July, 2016

      USA

      Pharmexcil participated 1st time in the Event

      8

      IPHEX– LATAM & BSM in Lac Countries

      24thAugust, – 02ndSeptember, 2017

      Peru,Colombia,Mexico, Panama

      Pharmexcil has organized BSM-cum-Expo in Peru and BSMs in 3 LAC Countries. 25 companies participated in the event

      9

      CPhI-Worldwide

      4th-6th October, 2016

      Spain

      11th participation of the Pharmexcil in the event.  45 companies participated in the event

      10

      2nd European World Ayurveda Congress

      15th-18thOctober, 2016

      Germany

      1st time Pharmexcil participated in the Exhibition

      11

      Expo-Cum-BSM in Russia & BSM in Maldova and Kazakhstan

      22nd November – 10th December 2016

      Russia, Moldova & Kazakhstan

      Pharmexcil organized BSM cum Expo in Russia followed BSMs in 2 countries. 50 companies participated in the Event.

      12

      Arab Health 2017

      28th January,  – 01st February, 2017

      Dubai

      Pharmexcil participated for the 11th consecutive year and organized India Pavilion. 35 companies participated

      13

      CPhI-China

      21st-23rd June, 2016

      China

      Participated for the 6th consecutive year and organized India Pavilion. 19 companies

      14

      IPHEX-Africa and BSM in Zambia and Tanzania

      13th-21st February, 2017

      Ethiopia,Zambia,Tanzania

      Pharmexcil organized Expo in Ethiopia and BSMs in 2 countries. 40 companies participated

      15

      IPHEX

      27th-29thApril,2016

      India

      4th edition of IPHEX was held at Mumbai during 27-29th April 2016. 300 Indian companies exhibited. 600 Overseas buyers taken part in the event.

      2017-18

      S.No.

      Name Of The Event

      Date

      Country

      Brief Particulars

      1.

      Pharmaconex, Egypt

      08th-10th, February, 2017

      Egypt

      19 Indian companies participated in the event

      2.

      CPhI-China

      20th-22nd  June,17

      China

      20 Companies participated in the event

      3

      LATAM-Peru

      27th August – 09thSeptember, 2017

      Peru,Colombia, El Salvador

      Pharmexcil organized BSM-cum Expo in Peru and BSMs in Colombia, El Salvador and 30 companies participated in the Event

      4

      CPhI-Worldwide

      24th – 26thOctober, 2017

      Germany

      Pharmexcil participated 12th time in the event and 52 companies participated

      5

      Arab Health

      28th – 31st, January 2018

      Dubai

      This is the 12th consecutive participation in the event.  60 companies participated in the event

      4

      BSMs in Africa

      18th-28thFebruary, 2018

      Congo,Nigeria And Cote D’ Ivoire

      Pharmexcil organized first time BSM cum Expo in Africa and 49 companies participated in the event

      5

      IPHEX

      27th-29th April, 2017

      India

      5TH edition of the event and 300 Indian companies and 650 Foreign Buyers participated

      6

      CPhI-India

      28th-30thNovember, 17

      India

      12TH time Pharmexcil participated in the Event.  106 companies participated in the event

      7

      International Arogya

      04th- 07thDecember, 17

      India

      70 overseas and 130 Indian participants have taken part in the event

      2018-19

      S.No.

      Name of the event

      Date

      Country

      Brief Particulars

      1.

      CPhI Japan

      18th-20th April, 2018

      Japan

      Pharmexcil organised India pavilion at CPHI, Japan and 20 Indian companies participated.

      2.

      IPHEX

      8th-10th May, 2018

      India

      IPHEX (International Exhibition for Pharma and Healthcare) held at New Delhi where over 360 exhibitors, 900 overseas delegates and 1500 visitors attended.

      3.

      CPhI China

      21st-23rd June, 2018

      China

      Pharmexcil organised India pavilion and 21 Indian companies participated in the exhibition.

      4.

      International business and regulatory meet

      20th-22nd August, 2018

      China

      Pharmexcil with 27 Indian companies participated in the meet and interacted with over 200 Chinese companies.

      5.

      Maghreb Pharma Expo

      17th-19thSeptember, 2018

      Algeria

      Pharmexcil participated with 17 Indian companies in Maghreb Pharma Expo and exporters aware of opportunities for APIs nutraceuticals pharma missionary.

      6.

      Iran Pharma

      24th-27thSeptember, 2018

      Iran

      In view of good exporting opportunities available for API exporters and contract manufacturing opportunities, Pharmexcil organised pavilion in this events wherein 19 Indian companies participated.

      7.

      Business delegation to LAC

      3rd-14th September, 2018

      Brazil, Guatemala and Honduras

      To promote Indian pharma exports to LAC region, Pharmexcil took the delegation with 21 Indian companies as participants.

      8.

      CPhI Worldwide

      9th-11th October, 2018

      Spain

      Pharmexcil participated with 55 Indian companies and organised India pavilion.

      9.

      Business delegation to CIS countries

      17th Nov-1st Dec, 2018

      Russia, Turkmenistan and Ukraine

      Delegation of Indian Pharma companies led by Pharmexcil held Buyer Seller Meets and interactive meetings with Government officials. 23 Indian companies participated in the event

      10.

      CPhI India

      12th-14thDecember, 2018

      India

      Pharmexcil organised a pavilion with 116 stalls wherein 108 companies participated.

      11.

      RBSM at World Arogya Congress

      18th-20thDecember, 2018

      India

      Pharmexcil organised Reverse Buyer Seller Meet (RBSM) wherein 17 overseas buyers from 6 countries were invited for the meet and over 17 Indian delegates interacted with them.

      12.

      Arab Health

      28th-30 January, 2019

      Dubai

      Pharmexcil organised India pavilion and 63 Indian pharma companies participated.

      13.

      Trade Delegation to ASEAN countries

       

      Philippines, Indonesia and Vietnam

      Pharmexcil organised a trade delegation and held Buyer Seller Meets wherein 24 Indian companies participated.

      14.

      IPHEX Africa and Buyer Seller Meets in Uganda and Sudan

      6th-16th March, 2019

      Nigeria, Uganda and Sudan

      Pharmexcil participated in 3rd addition of IPHEX Africa in Nigeria and organised BSMs (Buyer Seller Meets) in Uganda and Sudan. 53 Indian companies participated in the events.

      This information was given by the Minister of Commerce and Industry, PiyushGoyal, in a written reply in the Lok Sabha today.

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