Exports

Exim Bank told to help exporters by studying the requirements of developed markets Commerce and Industry Minister Piyush Goyal has told project exporters to diversify and foray into developed economies, just not restrict to Government Line of Credit Projects and...

Dr Sakthivel applauds exporters’ outstanding accomplishments India has achieved monthly value of merchandise export in April 2022 amounting US$38.19 billion, an increase of 24.22% over US$30.75 billion in April 2021. Value of non-petroleum exports in April 2022 was US$30.46 billion,...

US companies are contributing to India’s defence exports, says Rajnath Singh Defence Minister Rajnath Singh has invited the US companies for co-production, co-development, investment promotion and development of Maintenance Repair and Overhaul facilities in India. “American companies are welcome to...

Indian pharma units second largest to get US FDA approvals Commerce and Industry Minister Piyush Goyal has called on the Indian pharma sector to adopt good manufacturing practices and increase pharma exports to US$200 billion. “India must strive to become...

Verma calls for competitive FTAs to promote MSMEs globally The Exim Bank and SIDBI will invest from a joint fund, which has a size of Rs.250 crore with a green shoe option of Rs.250 crore, by way of equity and...

Dr Sakthivel says exporters will work on FTAs/CEPAs and PLI schemes Trade agreements being worked out with the UK, EU, GCC, Canada and South African Custom Union (SACU) would boost Indian textile exports to US$100 billion a year by 2030,...

Goyal says recent trade pacts offer zero duty on textile products Commerce and Industry Minister Piyush Goyal has set a target of US$100 billion exports by 2030 for the textile industry, pointing out that benefits expected from the recently signed...

Invest India to open Trade Promotion Office in Australia soon The newly signed IndAus ECTA will help India and Australia double bilateral trade in the next 5-6 years, said Commerce and Industry Minister Piyush Goyal, setting a target of US$100...

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...