Exports

Private mills prefer to hold on to export sales, says Wirana report Indian steel plate prices have increased by about US$9/MT this week (ending 19 Aug) whereas imported scrap prices have increased by US$10/MT. Local billet prices have been marginally...

Soft commodity prices have also pulled down value-wise exports, says Dr Sakthivel Sluggish global demand with growth contraction and softening of commodity prices has led to continuous decline in Indian exports, says FIEO President Dr A Sakthivel. India’s overall exports...

Vietnamese envoy seeks 20+ weekly flights between Vietnamese and Indian cities In the face of global economic fluctuations, Vietnam and India stand strong as important trading partners, uniquely positioned to support each other, said Phan Thi Thang, Vietnam’s Deputy Minister,...

FICCI Manufacturing Survey had indicated revival of private capex, says Panda India’s exporters’ federation feels that the status quo in rates, maintained by RBI at 6.5%, will help exporting community, whose cost of credit has gone up substantially due to...

Bangari aligns with Bank’s growing focus on meeting financing gaps faced by MSME exporters India Exim Finserve IFSC Private Limited, the subsidiary of the Export-Import Bank of India (Exim Bank), at the Gujarat International Financial Tec City (GIFT City), will...

Patel lists export promotion initiatives India’s overall export (merchandise plus services) was US$776.3 billion in 2022-23, the highest in terms of overall exports until now, Minister of State for Commerce and Industry Anupriya Patel said in an update to the...

Virmani notes exporting firms are more productive than domestic firms Throughout the post-pandemic era, Indian exports have been resilience by successfully navigating the challenges thrown up by the post pandemic supply-chain issues and geopolitical factors, says NITI Aayog at the...

EFD poised to enhance collaboration on bilateral and international economic matters Indonesia has emerged as India’s largest trading partner in the ASEAN region, with bilateral trade seeing an eightfold increase since 2005, reaching US$38 billion in FY 2022-23, a 48%...

Bilateral trade has increased by 15% under CEPA implementation since 1 May 2022 The UAE-India relations have witnessed tremendous progress on all fronts with bilateral trade increasing to US$85 billion in 2022, making the Emirates India’s third-largest trading partner for...

India’s June exports dropped by 13.16% on the year to US$60.09bn FIEO expects exports to start showing better growth numbers shortly, as things are expected to improve from Q3 of the Calendar year, with fresh orders or order bookings for...