Exports

Ministerial meeting in three months following HLD Indian and European Union Ministers have agreed to meet within the next three months, with an objective for reaching consensus on a host of bilateral trade & investment cooperation issues through a bilateral...

Defence exports grew to Rs.9,000cr in 2020 The Indian aero components sector is set to grow to Rs.60,000 crores by 2024 from the current Rs.30,000 crores, Defence Minister Rajnath Singh said at the close of Aero India 2021 at Bengaluru...

Hopes on Budget 2021-22 to accelerate economic growth The Reserve Bank of India (RBI) has kept benchmark interest rate unchanged at 4% while maintaining an accommodative stance, implying rate cuts in the future if need arises to support the COVID-19...

Five-year contract for HAL's Bengaluru Foundry and Forge Division GE Aviation has initiated the development of a raw material supply chain in India under a "Make in India" under a Rs.100 crore (US$15 million) contract signed with Hindustan Aeronautics Ltd...

Saraf calls for a National Shipping Line to help exporters Positive growth of about 5.5% with US$27.24 billion of exports show not only signs of better order booking position but further improvement in coming months and the new fiscal, reiterated...

Economic recovery to provide opportunity for India The Production Linked Incentive (PLI) Scheme will be a game changer and put India's focus on technology exports such as electronics, electrical machinery and automobiles, which accounts for over 35% of global imports,...

Sports goods manufacturing faced slump during pandemic India has an untapped potential of US$110 million a year for exports of sports goods which in 2019-20 was US$278.9 million, according to Export-Import Bank of India. Some of the key strategies highlighted...

India emerges as hub IoT products for global markets Cavli Wireless Inc, an emerging player in cellular Internet of Things (IoT) technology from the United States, has partnered with GCT Semiconductor to license the chipsets and manufacture LPWAN, LTE, and...

PM Modi explains to global business leaders at WEF The Indian Government has invested US$150 billion in urban development during 2014-20 and is focused on sustainable urbanisation such as ease of living, ease of doing business and climate sensitive development,...

Japanese hand-holding of India textile-apparel industry The Japanese State Minister of Economy, Trade and Industry Yasumasa Nagasaka sees a substantial development in the India-Japan trade relationship, taking it forward from the 2011-signed Comprehensive Economic Partnership Agreement (CEPA) with an immediate...