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Seafood exporters rebound after a 50% US tariff as India records record FY26 shipments

Seafood exporters rebound after a 50% US tariff as India records record FY26 shipments

India’s seafood sector is turning tariff shock into momentum. After the US slapped a cumulative 50% tariff on Indian seafood last year—citing trade imbalance, anti-dumping claims, and links to energy purchases from Russia—exports were disrupted and some processing units had to pause. Instead of breaking, the sector diversified markets, boosted domestic demand measures, and restored access to high-value buyers. By FY26, India logged record exports, and the government is now considering a production-linked incentive scheme for deeper value-added growth.

Summarised by Beize from a story on The Economic Times on 15 May 2026
India may launch PLI for seafood MSMEs to surge exports and value added products

India may launch PLI for seafood MSMEs to surge exports and value added products

India’s Fisheries Department will explore a production-linked incentive (PLI) scheme for MSMEs in the seafood sector, aiming to improve global competitiveness and accelerate exports. The plan, discussed in a high-level meeting between commerce and industry minister Piyush Goyal and fisheries minister Rajiv Ranjan Singh, targets a major shift toward value-added seafood and a larger export base. Export-oriented infrastructure and sustainability measures are part of the roadmap, alongside strengthening sanitary and phytosanitary compliance from production to packing.

Summarised by Beize from a story on The Economic Times on 14 May 2026

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CII presses PMO to fix EV PLI scheme gaps as startups flag crippling eligibility barriers

CII presses PMO to fix EV PLI scheme gaps as startups flag crippling eligibility barriers

The Confederation of Indian Industry has urged the PMO to overhaul India’s EV auto PLI scheme after EV startups complained that current eligibility and selection rules create a cost disadvantage. CII, via six startup CEOs, wants a new application window and relaxed criteria, shifting focus toward R&D intensity, IP generation, and domestic value-add. A parliamentary panel report also cites low fund disbursal and high investment hurdles.

Summarised by Beize from a story on Startup Talky on 4 May 2026
EV startups demand PLI Auto overhaul after eligibility rules block them from incentives

EV startups demand PLI Auto overhaul after eligibility rules block them from incentives

Electric vehicle startups are calling for a major rethink of India’s production-linked incentive scheme for automobiles, saying PLI Auto’s eligibility rules favor established automakers. Despite EV-first firms leading on technology and localization, they’re excluded and forced to compete at a cost disadvantage. Founders want reforms that better match India’s rapidly evolving EV ecosystem.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Ather CEO Tarun Mehta blasts Centre over PLI rules shutting out startups from EV growth

Ather CEO Tarun Mehta blasts Centre over PLI rules shutting out startups from EV growth

Ather Energy CEO Tarun Mehta has criticised the Centre’s auto PLI stance for excluding startups, calling it a policy mismatch that could weaken India’s EV ambitions. After a government official suggested PLI is only for “global champions,” Mehta argued eligibility thresholds favour legacy makers, leaving startups at a 13-16% cost disadvantage and deterring investment in innovation areas like batteries and software.

Summarised by Beize from a story on Inc42 on 30 Apr 2026
PLI Scheme a game changer to lure global firms as India targets long term manufacturing export growth

PLI Scheme a game changer to lure global firms as India targets long term manufacturing export growth

Finance Minister Nirmala Sitharaman said India’s PLI scheme is designed to attract global firms by rewarding players with scale while strengthening both the domestic market and exports. Speaking at the M V Kamath Centenary Memorial Lecture, she argued that the government’s economic approach follows consistent short- and medium-term policy set within a long-term vision outlined in the Budget presented on February 1, 2021.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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