Exports

Trade benefitted $2.5bn from lower ECTA tariffs in Jan 2023, says Farrell Prime Minister Anthony Albanese said that Economic Cooperation and Trade Agreement (ECTA) signed between India and Australia is a transformative agreement which will unlock the next level of...

Indian Technical Textile market will grow more than 10-12% a year The world wants to see India in the resilient supply chains, and it is the right time to capture the global market and play a major role in international...

Lulu Group will facilitate promotional activities for millet products The Agricultural and Processed Food Products Export Development Authority (APEDA) aims to promote millet products and value-added products around the world in association with Lulu Group, which is an international retail...

Every country wants to invest in India for Startups capabilities, says Goyal India’s IT industry would eventually overtake merchandise export by 2030 with the achievement of US$1 trillion worth of merchandise and services export, which will be a manifestation of...

FIEO handholding and mentoring exporting community, assures Dr Sakthivel Growing and diversifying merchandise trade itself says it all about the India’s growth story, which continues to remain intact year after year as one of the fastest growing economies, FIEO President...

Dr Sakthivel notes impact of rising inflation on international demand India will be on course to cross the previous year’s export target quite easily touching almost US$440-$445 billion this fiscal with a growth of over 4-5% on the year. Overall,...

India has become a promising manufacturing destination, says Rajnath Singh The Prime Minister Narendra Modi sees India’s defence exports reaching US$5 billion by 2024-25, up from the current US$1.5 billion. “India will take rapid strides to be included among the...

RBI requested to extend "Export Refinance Facility" to banks FIEO President Dr A Sakthivel has advised Indian exporters to opt for foreign currency denominated credit which is available at LIBOR+150-200 basis points and provide a comfort, during the extreme volatility...

Fruitful discussions were held on bilateral maritime cooperation, says Sonowal Minister of Ports, Shipping & Waterways Sarbananda Sonowal has discussed various policies and programs initiating progress in the transportation facilities with Qatar Transport Minister Jassim Saif Ahmed Al-Sulaiti in New...

Panda says some incentives to support exports would have been timely FIEO President Dr A. Sakthivel has welcomed the Rs.200 crore allocation for Market Access Initiative (MAI) scheme in Budget 2023-24 but was quick to point out that this may...