Exports

Commerce and Industry Minister Piyush Goyal has called for a Mass Movement to strengthen the cooperative sector in agriculture and tap its true potential to double farmers’ income to Rs.7 lakh crore by 2024-25.

The first ever India International Cooperatives Trade Fair (IICTF), unique initiative for taking farmers, artisans and other members of cooperatives directly to the global trade arena, is to be held in New Delhi 11-13 October 2019.

The MSME industry should come up with ‘special proposals’ and suggest steps required to be taken by the government to increase production, boost exports and enable domestic enterprises to withstand global competition.

The Jawaharlal Nehru Port Trust (JNPT) showed its lead among Indian ports by winning the ‘Best Port of the Year - Containerised’ award at the 4th India Maritime Award 2019.

Micro Small and Medium Enterprises (MSME) Minister Nitin Gadkari wants to raise the MSME sector’s contribution to GDP to 50% from the present 29% and employment for at least 15 crore people, up from 11.1 crore at present.

The Federation of Indian Export Organisations (FIEO) has elected a staunch votary of exporters issues, Sharad Kumar Saraf, as its new President.

Commerce and Industry & Railways Minister Piyush Goyal has reviewed the draft National Logistics Policy and has stressed on the need to bring down the logistics cost to less than 10% of the GDP by 2022 from the current 14%...

The Public Sector Units (PSUs) in the defence industry have been given a target to achieve 25% of their turnover through exports by 2022-23, Defence Minister Rajnath Singh told Rajya Sabha on 26 June 2019.

Commerce and Industry Minister Piyush Goyal has directed Department for Promotion of Industry and Internal Trade (DPIIT) to immediately form a committee to hear grievances and provide necessary clarifications on issues related to FDI in e-Commerce.

India may review some of the Free Trade Agreements (FTAs) and the Indian industry needs to be able to leverage them, Commerce and Industry Minister Piyush Goyal has disclosed.