Exports

Keep India's stance firm in the context of tariff duties imposed by the US on certain Indian goods so as to send a strong message, Anand Sharma, Deputy Leader of Opposition in Rajya Sabha, has told the country's business leaders.

A critical driver for higher growth was competitiveness and the proposed new industrial policy aims to achieve this objective for India, said Ramesh Abhishek, Secretary, Department of Industrial Policy and Promotion (DIPP).

A government-appointed committee has recommended high speed multi modal connectivity, business services and utility infrastructure in re-designing Special Economic Zones (SEZs).

Tuticorin port development has been redesigned with a Rs.2,000 crore project to make it a deep-water port on the East West trade route, Shipping Minister Nitin Gadkari said on 12 Dec 2018.

The Commerce and Industry Ministry is creating an action-oriented plan which will highlight specific sector level interventions to bolster India’s march towards becoming a US$5 trillion economy before 2025.

India’s major ports in India have recorded a growth of 4.83% and together handled 461.21 million tonnes of cargo during the period April to November 2018 as against 439.96 million tonnes handled during the corresponding period of previous year.

India has a lot to learn from South Korea in terms of innovation in the manufacturing sector and creating a robust industrial base as it moves on to strengthen its own manufacturing sector, said a Principal Economic Adviser at the...

Public sector bank’s top executives are not accessible to exporters especially those from the Micro, Small and Medium Enterprises while credit issues are yet to be resolved.

HCL Technologies will pay US$1.8 billion for select IBM software products which represents a market of more than US$50 billion.

The Cabinet has approved the Agriculture Export Policy 2018 to double the sector’s exports to US$60 billion by 2022, and US$100 billion a few years after that from the US$30 billion as of now.