Exports

Dr Sakthivel notes impact of rising inflation on international demand India will be on course to cross the previous year’s export target quite easily touching almost US$440-$445 billion this fiscal with a growth of over 4-5% on the year. Overall,...

India has become a promising manufacturing destination, says Rajnath Singh The Prime Minister Narendra Modi sees India’s defence exports reaching US$5 billion by 2024-25, up from the current US$1.5 billion. “India will take rapid strides to be included among the...

RBI requested to extend "Export Refinance Facility" to banks FIEO President Dr A Sakthivel has advised Indian exporters to opt for foreign currency denominated credit which is available at LIBOR+150-200 basis points and provide a comfort, during the extreme volatility...

Fruitful discussions were held on bilateral maritime cooperation, says Sonowal Minister of Ports, Shipping & Waterways Sarbananda Sonowal has discussed various policies and programs initiating progress in the transportation facilities with Qatar Transport Minister Jassim Saif Ahmed Al-Sulaiti in New...

Panda says some incentives to support exports would have been timely FIEO President Dr A. Sakthivel has welcomed the Rs.200 crore allocation for Market Access Initiative (MAI) scheme in Budget 2023-24 but was quick to point out that this may...

Patel says Indian missions promote trade, tourism, technology and investment goals Indian automobile sales increased by 35.9% to 5,617,246 in 2021-22 from 4,134,047 in 2020-21, parliament was told on 3 Feb 2023. Passenger vehicle exports increased 42.9% to 577,875 in...

13 French companies to participate in Plastindia at Pragati Maidan India is a major player in the plastic industry worldwide with a wealth of raw materials and potential of plastics exports reaching US$25 billion within the next 3 years, according...

Sakthivel hopes energy prices will come down further The decline in India’s December 2022 merchandise exports is a reflection of the toughening global trade conditions on account of high inventories, economies entering recession, high volatility in currencies and geopolitical tensions....

LDCs getting duty-free access to Indian market, says Minister India is keen to enter into Preferential Trade Agreements (PTAs) with interested countries in the South, Commerce and Industry Minister Piyush Goyal has told Ministers from 13 countries - Benin, Bosnia...

Goyal-Tai work on diversifying bilateral trade The India-US bilateral trade in goods and services continued to rise rapidly and reached about US$160 billion in 2021, but the significant potential remains unfulfilled. This was highlighted after Commerce and Industry Minister Piyush...