Exports

Daikin, Panasonic, Hitachi to manufacture critical components in India Fifty-two companies have filed their application with committed investment of Rs.5,866 crore under the PLI scheme to incentivize the domestic manufacturing of components of White Goods (Air conditioners and LED lights),...

Industry leaders urged to focus on transfer of technology through joint ventures Defence Minister Rajnath Singh has invited US companies to invest in India and contribute in realising the dream of ‘Make in India, Make for the World’ at the...

India to work on increasing its share in global automotive trade Taking steps forward towards the vision of an ‘Aatmanirbhar Bharat’, the Government has approved the PLI Scheme for Automobile Industry and Drone Industry with a budgetary outlay of Rs.26,058...

Minister calls for NTFCs to facilitate cross-border trade The Minister for Ports, Shipping & Waterways Sarbananda Sonowal has underlined the importance of cross-border connectivity among India and developing nations of South-East Asia, adding to the dynamism of economic and social...

Goyal-Truss discussed FTA and other trade matters India and the UK are aiming to launching their Free Trade Agreement (FTA) negotiations by November 2021, looking at Interim Agreement as priority and later a Comprehensive Agreement, to unlock extra ordinary business...

Companies see a steady pick-up in economic activities There are signs of improved consumer confidence in several key sectors of the economy, including contact services like hospitality while activities in construction and renovation have been on a pick-up for the...

Over 45,000 exporters to benefit at most challenging times: Dr A Sakthivel The Federation of Indian Export Organisations has welcomed the government’s decision of budgeting Rs.56,027 crores for pending export incentives due to exporters, which is for claims related to...

Dawra emphasises on quality and global standards to be in the world market The PHD Chamber of Commerce and Industry has identified 75 potential export products and markets to enhance and increase India’s exports to achieve US$400 billion in 2021-22...

Sakthivel says the scheme addresses concerns of garment exporters and encourages MMF manufacturing The Rs.10,683 crore Production Linked Incentive (PLI) scheme is a major milestone for the textile sector to attract fresh investment, build capabilities and capture a significant share...

Basic raw material prices have increased by more than 50% in one year There is a need to further fuel the drivers of household consumption and private investments to enhance the aggregate demand in the economy as it will have...