Exports

FIEO-FICCI support PM's call for $400bn exports this fiscal Exporters will go an extra mile to realise the target of US$400 billion exports this fiscal, responding to Prime Minister Narendra Modi's all out support to promote trade, according to FIEO...

Exporters to get Rs.88,000cr insurance coverage The Prime Minister Narendra Modi has urged stakeholders in the Indian commerce and trade to put all their efforts to take advantage of the new opportunities created by the changes in the Global Supply...

Review of the existing FTAs is an ongoing process to maximize export potential India and EU have agreed to resume the negotiations for a balanced, ambitious, comprehensive and mutually beneficial trade agreement, Minister of State in the Ministry of Commerce...

Sakthivel says July exports highest in nine years The export sector has demonstrated its strength and resilience with a sustained growth in July shipments of about 48% valued at US$35.17 billion over FY’ 2020-21 and by 34% over FY’ 2019-20,...

Focus on building prosperity hubs in rural communities The Chennai-based DesiCrew, a digital transformation services company in the league of India’s Tier I tech service vendors with matching offerings, is set to scale up its Artificial Intelligence (AI) and Machine...

Goyal calls for investment in technology for improvement in the logistics sector A lot of work is happening in the infrastructure development while some process reforms have taken place in the past few years which should support the draft National...

Al Moulani highlights advantage of Bahrain FTAs for Indian businesses Bilateral trade between India and Bahrain could spike by as much as US$200 million as economies reopen following months of logistical challenges and supply chain pressures, Dr. Ali Al Moulani,...

PLEXCONCIL sees potential of exporting value-added plastics to the UK at US$5.6 billion India’s plastics export has increased by a strong 55% to US$3,417 million (cumulative value) during April-to-June 2021 from US$2,211 million during April-June 2020, boosted by several initiatives...

Shankar says Rs.6,322cr PLI will attract investments in technological capabilities FICCI welcomes the government's move to approve Production-linked Incentive (PLI) Scheme for Specialty Steel sector, noting that it will win Rs.40,000 crore investment and boost the production of high-grade specialty...

OEMs resuming operations in phase manner Indian automobile industry is facing headwinds like steep increase in commodity prices, semi-conductor shortage, and fear of a third Covid wave, said Kenichi Ayukawa, President of the Society of Indian Automobile Manufacturers (SIAM). "In...