Exports

Significant growth seen in export markets A significant economic recovery is on the anvil in 2021-22 as indicated by a CEOs poll conducted among 117 Senior CEOs at a recent meeting of the CII National Council. Majority of the CEOs...

Minister inaugurates 7.5-km of Western Extension Metro Line Bengaluru is one of the major engines of economic growth for the entire country, with strong presence in information technology, biotechnology and applied sciences research, Minister of Housing & Urban Affairs and...

Karnataka's Auto Industry gets 88% FDI Equity inflows India received foreign direct investment (FDI) of US$22.53 billion during first quarter of (April-June) 2021-22, almost double of US$11.84 billion reported in the first three months of 2020-21, reported Commerce and Industry...

1,000 businesses attends Jain International Trade Organisation's virtual expo India is fast progressing on negotiating Free Trade Agreements (FTAs) with Australian, the European Union, United Kingdom, UAE and other GCC member countries while having agreed with the United States to...

Banks can play a critical role by hand-holding industries Finance Minister Nirmala Sitharaman has directed Public Sector Banks (PSBs) to interact with export promotion agencies including the Federation of Indian Exporters Organizations as well as with bodies of industry and...

New line output for domestic and Middle East-African markets Expanding its current capacity for manufacturing of low voltage motors, ABB has added a new manufacturing line at its Faridabad plant that will develop energy efficient motors up to 55kW for...

Patel inaugurated "India-ASEAN Engineering Partnership Summit" Indian exports to the Association of South East Asian Nations (ASEAN) is expected to be US$46 billion in 2021-22, making the region one of the largest destinations for Indian origin products. Giving this estimates,...

Goyal urges industry stalwarts to create a roadmap for vibrant and robust ecosystem The Government's focus will be on Rs.1.97 lakh crore PLI for 13 sectors in next 5 years, when 50,000 news startups will create 20 lakh jobs, Commerce...

Exporters get WTO compatible rates Welcoming the announcement of the Remission of Duties and Taxes on Exported Products (RoDTEP) rates for the merchandise sector, FIEO President Dr A Sakthivel called for coverage of various other sectors such as Pharma, Organic...

MSMEs get app-based forex trading solutions In line with the Government’s ‘Digital India Initiative’, the Federation of Indian Export Organisations (FIEO) has signed an MoU with tech-based forex solutions company ‘Myforexeye’ to provide innovative digital mobile app-based forex trading solutions...