Exports

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...

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...