Exports

Commerce & Industry Minister Piyush Goyal has emphasized the need for reciprocal market access for Indian products during meetings with Japan, USA, UK, China, France, Singapore, South Korea, Spain, Canada, EU, Mexico, Saudi Arabia, South Africa, Chile and Australia.

Commerce and Industry Minister Piyush Goyal has asked RBI to extend US$25 billion line of credit to exporters, ensuring funds with interest rates not 2% above LIBOR.

Trade and economic relations between India and China have seen rapid progress in the last few years with bilateral trade reaching US$87.06 billion in 2018-19 from a low of US$2.92 billion in 2000-01.

The Federation of Indian Chambers of Commerce and Industry (FICCI) has called for a dialogue between India and the US to find a workable solution with regard to the termination of the Generalized System of Preferences (GSP) for Indian products.

India must think and go for 10% economic growth by boosting consumption, drawing investments and increasing exports, said the newly appointed President of Confederation of Indian Industry, Vikram Kirloskar.

The United States of America (USA) has withdrawn India’s benefits under the Generalized System of Preferences (GSP), a scheme under which India exported US$6.35 billion worth of goods last year.

Growth of India’s eight core sectors has slowed to 2.6% in April 2019 compared to 4.7% a month ago, government data showed on 31 May 2019.

Build Infra-improve ease of doing business   India, with a large consumer market, is in a favourable position to attract Foreign Direct Investment (FDI) to a ratio of 1.5% to 2% of its Gross Domestic Product (GDP), up from the...

The Competition Commission of India has approved the formation of a joint venture for consumer healthcare products in the country by British pharmaceutical giants GlaxoSmithKline (GSK) and Pfizer of New York.

The Indian industry has congratulated Prime Minister Narendra Modi on his landslide win from the 2019 General Election on 23 May 2019 with a call for more reform in critical areas like land and labour laws.