Imports

The Government has accepted a report on reducing energy import by 10% by 2021-22 by boosting indigenous hydrocarbon output and promoting energy efficiency, Parliament was told on 1 July 2019.

The Jawaharlal Nehru Port Trust (JNPT) showed its lead among Indian ports by winning the ‘Best Port of the Year - Containerised’ award at the 4th India Maritime Award 2019.

The Indian air purifier market is projected to grow at a CAGR of over 28% during 2019-2024 to reach over US$220 million by 2024, on the back of rising expenditure on health and wellness products along with growing awareness regarding...

The Indian diabetes market is expected to grow at a CAGR of 16.7% during 2019-2024, having reached US$1,954 million in 2018.

Santa Clara’s SoundHound Inc.®, the leading innovator in voice-enabled AI and conversational intelligence technologies, has announced a partnership with Hyundai Motor Group to bring the first voice-enabled, smart-connected SUV to the Indian market.

Contracts worth about Rs.138,727.16 crore have been signed with foreign vendors for capital procurements of defence equipment for Armed Forces during 2016-19, Defence Minister Rajnath Singh said in a written reply to Rajya Sabha on 24 June 2019

India may review some of the Free Trade Agreements (FTAs) and the Indian industry needs to be able to leverage them, Commerce and Industry Minister Piyush Goyal has disclosed.

India must seize the opportunity to increase exports to China, which will be importing goods and services worth US$24 trillion in the next five years.

Only 17 out of 30 major product groups were in positive territory during May 2019 exports including electronic goods, organic & inorganic chemicals, drugs & pharma, RMG of all textiles, plastics & Linoleum, ceramic products & glassware, handicrafts and commodities.

India is hosting the Intersessional meeting of Kimberley Process (KP) 17-21 June 2019 in Mumbai to address the flow of Conflict Diamonds which used by rebel movements or their allies to finance conflict aimed at undermining legitimate governments.