CARGOCONNECT-APRIL2026 - Flipbook - Page 16
THE BUZZ
India–Finland trade
records 19% growth in
FY26
Finland currently accounts for just
1% of India’s total goods trade with
the European Union and ranks 15th
among EU partners. However, the 19%
trade jump between India–Finland
in FY26 signals renewed traction,
with both governments targeting a
doubling of bilateral trade.
Global trade had a record
year in 2025, with preliminary
data pointing to a 7% increase
to exceed US$35 trillion for
the first time, according to
UNCTAD. While growth is
expected to remain positive in
2026, the pace will slow.
Godrej Enterprises
Group’s Storage
Solutions business
division has delivered
a one-of-its-kind
advanced automated
rack-clad warehouse
for one of India’s
leading pharmaceutical
companies.
Sagarmala to drive `5.79 lakh crore maritime
infrastructure investment
GCC nations account for 5.58% of total Indian
pharma exports. Recent data shows an upward
trajectory in the total export value of Indian
pharmaceuticals to West Asia to about US$1.75
billion in FY25 from US$1.32 billion in FY21.
16 | CARGOCONNECT APRIL 2026
Under the Sagarmala Programme,
India is modernising and expanding its maritime infrastructure by
investing approximately `5.79 lakh
crore in 839 projects through 2035.
Major gateways such as JNPA and
DPA are adapting to larger vessels
and increased volumes.
