New Delhi: Global trade is likely to undergo changes in 2025 influenced by various factors such as geopolitical tensions, possible US-led trade war. Donald TrumpChina’s industrial capacity, growing demands for sustainability, and rapid advances in artificial intelligence (AI).
Experts emphasized this. Indian exporters And importers should work closely with the government to effectively address these challenges.
He further highlighted the urgent need for India to prioritize its AI strategy, as the technology is poised to revolutionize trade logistics, supply chain management, and traditional business models.
Deep Kapuria, business expert and chairman of Hi-Tech Gears said, “AI is rapidly emerging as a key vehicle for the future of business travel.”
He added that AI-driven digital transformation is poised to boost not only trade in services, “it could also create whole new types of tradable AI-powered goods — from autonomous vehicles to to robotics and beyond.”
While geopolitical tensions remain beyond the control of the private sector, Kapuria emphasized the importance of business, especially in developing countries, meeting environmental and social sustainability standards.
“Compliance with sustainability indicators is also important for companies integrating into GVCs (Global Value Chains) as new laws such as the EU Corporate Sustainability Due Diligence Directive make it legally mandatory to ensure supply chain sustainability,” Kapuria said. make.”
SK Saraf, Founder Chairman, Technocraft Industries urged Indian industries to adopt new age technologies to enhance competitiveness. Invest in He highlighted the opportunities for Indian exporters in the US market, especially if the country continues to focus on Chinese goods under the Trump administration. imposes higher taxes.
“Exporters will have to find ways to increase exports to the US as higher tariffs on Chinese goods by the US will open up huge opportunities for them,” Saraf said.
Kapuria warned that retaliatory measures by Washington could affect global supply chains, trade and foreign direct investment (FDI). He also pointed to a recent series of global shocks, including the Covid-19 pandemic, the Russia-Ukraine war, and tensions in the Middle East that have forced nations to rediscover their trade relations and their economic and security priorities. According to has prompted to find a partnership.
Kapuria added that with geopolitical changes and increased focus on sustainability, countries need to adjust their trade policies to remain competitive. Must be aligned with global environmental goals.
Major economies such as the EU are leveraging trade agreements to advance the sustainability agenda in partner countries.
Meanwhile, Federation of Indian Export Organizations (FIEO) president Ashwini Kumar called for the establishment of certified agencies to measure carbon emissions in domestic manufacturing practices.
“We have roped in foreign agencies to help us in this area, as EU measures can pose significant challenges to Indian exporters,” Kumar said.