Exports

Incentive schemes for specific sectors needed to boost exports Indian exporters want to seek better market access through the ongoing Free Trade Agreement (FTA) negotiations, branding of services sectors and addressing of regulatory bottlenecks. The exporters also called for setting...

Goal set for $300bn electronics manufacturing with a $120bn of exports The Government is laser focused on achieving the target of US$300 billion electronics production by 2026, and make India a trusted partner in global value chains. Stating this, Minister...

The Chabahar port strategic role to unlock trade potential is huge, says Sonowal Ministerial delegation from India and Iran have discussed the possibilities of trade and unlock trade potential between Central Asian countries with South Asian, ASEAN and even from...

HAL has responded twice to RMAF RFI-RFA in 2019-21, says Bhatt Argentina, Australia, Egypt, the US, Indonesia, the Philippines and Malaysia have evinced interest in Light Combat Aircraft (LCA) while Hindustan Aeronautics Ltd (HAL) has offered LCA Tejas twin seater...

FIEO sees export slowdown as global inventories are pretty high India is benefiting from rising demand for low-price products while buyers are moving away from sourcing supplies out of China, according to FIEO President Dr A Sakthivel. Commenting on the...

Minister wants to take trade relations forward with technology Commerce and Industry Minister Piyush Goyal has identified seven emerging areas of cooperation to boost bilateral trade between India and Uzbekistan. These are Digital Payments, Space Cooperation, Agri and Dairy, Pharma,...

Five-year bilateral trade grew by 10.57% CAGR, says Patel Bilateral trade between India and the Gulf Cooperation Council grew to US$154.66 billion in FY2021-22, registering an increase of 77.06% year-on-year, from US$87.35 billion in FY2020-21. This update was given by...

The six-month imports rose to $361.1bn, says Patel India’s merchandise exports during January-June 2022 were US$235.7 billion, up from US$185.9 billion during the same period of the previous year, Minister of State for Commerce and Industry Anupriya Patel said in...

Govt held Buyer-Seller Meetings in UAE-US markets India’s agricultural and processed food products exports rose to US$5,987 million in the first three months (April-June) of current fiscal, up 14% on the quarter a year ago and covering 25.4% of the...

RBI move timely as countries face forex shortages in Africa and South America The Federation of Indian Export Organizations (FIEO) has welcomed the Reserve Bank of India's (RBI) decision to allow exports and imports to be denominated in rupees. The...