Exports

Sakthivel encouraged by quantum jump in exports to developed economies such as US, Europe, Singapore-Hong Kong India achieved an all-time high annual merchandise exports of US$417.81 billion in FY 2021-22, an increase of 43.18% over US$291.81 billion in COVID-hit FY2020-21...

Rigorous efforts for deepening integration in the Global Value Chains, says Ministry A detailed strategy was in place, including specific targets set such as country-wise, product-wise, monitoring and course correction, for achieving US$400 billion export target, a key milestone in...

Bayyapu urges Indian logistics companies to form partnerships in the UAE The India-UAE Comprehensive Economic Cooperation and Partnership Agreement (CEPA) will accelerated trade and investment, as well as open a new world of opportunities, Dr Thani Bin Ahmed Al Zeyoudi,...

UPDIC and TNDIC have secured Rs.19,867cr in potential investments The Uttar Pradesh Defence Industrial Corridor (UPDIC) and Tamil Nadu Defence Industrial Corridor (TNDIC) have secured investment commitments of Rs.8,764 crore and Rs.11,103 crore, Minister of State for Defence Ajay Bhatt...

CEPA for expanding bilateral trade in goods and services The Canadian and Indian trade and export ministers have agreed to formally relaunch negotiations for the India-Canada Comprehensive Economic Partnership Agreement (CEPA) while calling for an Interim Agreement or Early Progress...

February imports of US$55.45 billion is a point of concern, says Dr Sakthivel The February 2022 merchandise shipments of US$34.57 billion has once again showcased the continuous resilience of India's exports sector, but there a need to allow transfer of...

India-Bangladesh looking to advance CEPA Commerce and Industry Minister Piyush Goyal has given a '3-point Call to Action for the Industry', saying that irrespective of problems in the northern parts of Asia-Europe, India is well on track not only to...

Indian diaspora youth plays an indispensable role in innovation and new technologies, says Baroness Prashar Business leaders in the United Kingdom agree that a Free Trade Agreement (FTA) with India would encourage their business to explore more opportunities in the...

Goyal launches innovative weather-based crop insurance scheme Commerce and Industry Minister Piyush Goyal has called upon the spice industry to double their exports to US$10 billion in the next five years, bringing forward the target by three years. "We now...

Goyal calls for consistent strengthening of DGFT and other bodies to promote investment and trade The Department of Commerce is being revamped to be future ready and facilitate the creation of the ecosystem necessary to manage US$2 trillion exports by...