Exports

Ten lakh jobs would be created in India under ECTA The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) will enter into force on 29 December 2022, setting the pace for bilateral trade to cross US$45-$50 billion in 5 years...

Govt urged to provide 200% tax deduction on exporters’ expenditure The Federation of Indian Export Organizations (FIEO) has called for creation of an Export Development Fund with a corpus of minimum 0.5% of preceding year’s exports, pointing out that its...

Merchandise exports likely to increase by $10bn in 2026-27 Commerce and Industry Minister Piyush Goyal said that duties on 100% tariff lines would be eliminated by Canberra under the India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) which was approved...

MSME promotion programme launched in North Eastern Region-Sikkim Manipur will emerge as a premier gateway to the 665 million people strong markets in the Association of South East Asian Nations (ASEAN) because of the Central and State Governments' combined efforts,...

Mobile industry has grown to nearly 200 manufacturers, says Goyal India will launch a Free Trade Agreement (FTA) with Gulf Cooperation Council (GCC) next week while negotiations are underway for similar trade pacts with the UK, Canada, EU and Israel,...

Indian exports to Australia grew over 100% in 2021-22, says FIEO President Indian buyers are just waiting for the India-Australia Economic Cooperation and Trade Agreement (ECTA) to be ratified by Canberra so that tariff benefits may flow to them, according...

Dr Sakthivel says it is a stark reality that most economies are facing contraction The slowdown in merchandise export is a reflection of the toughening global trade conditions facing demand slowdown on account of high inventories, rising inflation, economies entering...

ACETECH – a good platform for Malaysian companies, says Nasri Trade Commissioner at Consulate General of Malaysia (MATRADE), Norman Dzulkarnain Nasri has shared key insights on growth strategies, free trade agreement, a sustained relationship development paradigm between India and Malaysia....

TAP supports cross-border trade transaction The India Exim Bank has onboarded Absa Bank Ltd into its new trade facilitation initiative, Trade Assistance Programme (TAP), to increase trade with South Africa. “The conclusion of Issuing Bank Agreement with ABSA opens up...

Policy amended as interest rises in Rupee internationalisation The Government has made suitable amendments in the Foreign Trade Policy and Handbook of Procedures to allow for international trade settlement in Indian Rupees such as invoicing, payment and settlement of exports...