Exports

Gowda assures Govt support The chemicals and petrochemicals industry has become a top export sector of the country for the first time, shipping Rs.2.68 lakh crore during April 2019-Jan 2020, 14.35% of the total exports. The Apr’19-Jan’20 chemical exports grew...

Good time to re-evaluate supply chain strategy Several Asian countries including India have emerged as attractive manufacturing destinations based on large capacity creation and low-cost labor as well as industry friendly policies as manufacturers look for alternative to China. Besides...

Economy blessed with internal consumption While the world tries to revive weakening economies, the investment case for India has only strengthened under the current circumstances, even though these are largely made worse by COVID-19. India's main attraction as an investment...

CII wants Infrastructure Status for Bulk Drug Industry India needs to overcome challenges around land acquisition, ease of doing business, environmental clearances, taxation, and R&D need to be resolved for India to become a global active pharmaceutical ingredient (API), according...

Appreciated: Rs.15,000 crore refinancing The Government should immediately announce a comprehensive economic package for the industry to provide relief in payment of wages, statutory obligations, rental and utilities, said FIEO President welcoming measures to maintain adequate liquidity in the system...

Shukla seeks clarity on Defence & Aerospace status The Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the Ministry of Home Affairs (MHA) to classifying Defence & Aerospace Sector as an essential service and allow manufacturing across...

March 2020 exports down 34.57% FIEO President Sharad Kumar Saraf expects about 80-85% of the manufacturing to restart gradually and augment supply, bringing exports and manufacturing back on track following the government decision to allow opening of economic units in...

Capture China’s loss in export markets Minister of Road Transport and Highways Nitin Gadkari has told the Indian industry including MSMEs to convert this crisis into an opportunity, accelerate infrastructure projects and win this war against Coronavirus to achieve economic...

Govt signal on India normalizing The opening of all export industries, large as well as MSMEs including Special Economic Zones and Export-oriented Units will help exporters to execute whatever little orders remain with them after huge cancellations in the last...

Over 50% orders cancelled FIEO President Sharad Kumar Saraf has sent out SOS call, pointing out that export sector may lose over 15 million jobs unless the Government announces immediate relief. He was reacting to the extremely lowered forecast for...