Exports

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...

President Halimah Yacob sees strengthening ASEAN-India Strategic Partnership Singapore, having drawn US$71 billion Indian investment from 2008 to 2021, act as a springboard for India's ASEAN strategy, High Commissioner P. Kumaran has underlined this in a special supplement launched at...

Industry encouraged to move to hydrogen, innovation and technology path The industry has welcomed the proposed Rs.100 lakh crore Pradhan Mantri Gati Shakti programme for uplifting the economic growth by investment in infrastructure, manufacturing and competitiveness to drive India’s future...

More than 40 satellites launched through PSLV launchers India will be on the top list of global arms exporters in the next few years, having become self-sufficient in the manufacture of fighter aircraft, missiles, satellites, radar systems and other defence...

Incumbent on Indians to address the world's expectations, says Goyal India is pursuing Free Trade Agreements (FTAs) with United Kingdom and European Union very seriously while it has reservations on RCEP due to weak ‘rules of origin’ and many participating...