Exports

Indian exporters are among more than 3,000 companies from over 130 countries participating in the six-day China International Import Expo being held in Shanghai.

Tata Motors Ltd's India operations of 39.5%, albeit on a lower base, and a 10%-12% depreciation in the Indian rupee seem to have tempered the impact of decline in Jaguar Land Rover Automotive PLC (JLR).

The Federation of Indian Export Organizations (FIEO) wants banks to move proactively to increase the flow of export credit.

Maharashtra will set up nine more textile parks in the state and become skill exporter over the next five years, especially benefiting from incentives given under the government’s new textile policy.

The Prime Minister Narendra Modi has unveiled 12 key initiatives, including a loan portal to enable in 59 minutes easy access to credit for Micro, Small and Medium Enterprises (MSMEs).

The Shipping Ministry is awaiting Revenue Department’s response on allowing domesticated containers to carry export-import cargo for exim routes.

European buyers have shown interest in Indian products and companies at the SIAL Paris exhibition, the largest international market place for food service professionals.

The Government is committed to facilitate technological tie-ups between domestic CG producers and their foreign counterparts for capacity building.

Exports growth has been affected due to high base effect but aggregate exports lead towards US$350 billion milestone, says Ganesh Kumar Gupta, President, Federation of Indian Export Organizations (FIEO), responding to September 2018 trade data.

More than 60 million Indian Micro, Small and Medium Enterprises (MSMEs) have the ability and capability to access international markets and work as ancillaries to larger international firms.