Exports

Ministry says 173,350 MSMEs supplies reached global markets The Micro, Small, and Medium Enterprises’ (MSMEs) exports have increased to Rs.12.39 lakh crore in 2024-25 from Rs.3.95 lakh crore in 2020-21 while the number of MSME exporters increased to 173,350 in...

Emirate centre to deliver exceptional value to customers BSE-listed Sealmatic India Ltd has acquired Abu Dhabi Economic License (CN-5595547) for its newly formed joint venture to cater to the ever-increasing demand for mechanical seals in the UAE region, especially from...

1,300+ manufacturers have received Rs.9,721cr The PLI Schemes for 14 key sectors with an outlay of Rs.1.97 lakh crore (over US$26 billion) has achieved exports worth Rs.4 lakh crore (US$48 billion) and production/sales of Rs.12.50 lakh crore (US$150 billion) since...

India must invest in branding and quality certification, says Sarangi High collateral demand by financial institutions is a big deterrent for MSMEs to access institutional finance, and that discourages them from getting into the export market, says Santosh Kumar Sarangi,...

Nair says shipyards building high-quality ships for Western market Udupi Cochin Shipyard Limited, the wholly owned subsidiary of India’s leading shipyard - Cochin Shipyard Limited - is building six 3,800 TDW General Cargo Vessel for Wilson ASA, Norway, under the...

MSMEs face financing challenge in marketing Indian products Continuing global economic uncertainties especially the ongoing international trade disruptions along with the volatility in crude and metal prices have resulted declining value of exports, says FIEO President Ashwani Kumar. “The rising...

Bilateral trade was US$137.41bn in 2023-24, says Ministry The Free Trade Agreement (FTA) negotiations, after 9 rounds of intense engagement, need political directions to arrive at a commercially meaningful deal while understanding the sensitivities of each other, said Minister of...

Govt is likely to maintain public capex-to-GDP ratio India could gain from trade diversion and the ongoing shifts in supply chains, as de-risking from China gathers momentum under a Trump presidency, says Nomura in its latest 2025 Outlook report. Donald...

Domestic growth remains fragile due to aging infrastructure   India's external sector faces pressures from decelerating foreign portfolio investment (FPI) inflows, constrained export growth due to global competition and weaker demand, and a widening fiscal and current account deficit driven...

Govt committed to reduce industry’s import dependency Exports of telecom products has reached Rs.149,563 crore in the FY2023-2024 compared to Rs.9,978 crore in the FY2014-2015 as the Government continues to provide incentives and initiatives to reduce procurements of such products...