Exports

The Confederation of Indian Industry (CII) has identified 18 developing economies that hold the promise of sustained growth over the coming few decades based on current GDP levels and population indicators and offer opportunities for Indian exporters.

The Government is stepping up engagement with EU, US, and UK to secure markets for Indian exports even as it withdrew from the Regional Comprehensive Economic Partnership, Commerce and Industry Minister Piyush Goyal has assured delegates at Export Summit 2019.

The Government is planning to invest around Rs.100 lakhs crore in logistics infrastructure in the next 5 years, Minister of State for Commerce and Industry Som Parkash said.

Domestic and global factors have led to the marginal 0.34% decline in November exports, noted FIEO President Sharad Kumar Saraf. November exports totalled US$25.98 billion.

Los Angeles’ Flowerkist Incorporated has entered into a proprietary agreement with Delhi-headquartered Dabur Research Foundation (DRF) to develop and launch a wide range of 100% hemp-based CBD infused topical products with its patent-pending “Rapid Penetration Technology™”.

Readymade garments, leather goods, processed foods and engineering products like auto components are among the products that enjoy tariff concessions from Japan, South Korea and Some of the ASEAN Countries, Commerce and Industry Minister Piyush Goyal has told Lok Sabha...

A Saudi Aramco unit has signed a Memorandum of Understanding in India which will provide opportunities for Indian MSMEs to be global vendors .

The Rapaport Group, which supports over 20,000 clients in 121 countries, is organizing 2020 Trade Mission to Surat, home to an estimated 500,000 diamond cutters who manufacture over 90% of the world’s polished diamonds.

The Monetary Policy Committee (MPC) at its meeting on 5 December 2019 decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.15%.

The Special Economic Zones has received investment of Rs.521,631.44 crore as of 30 Sept 2019 since the concept was first passed by parliament in May 2005.