India’s plastics exports down 3.5% on global economic conditions and geopolitical tensions
NEW DELHI : India’s plastics exports fell 3.5% to $11.55 billion in FY24 from $11.96 billion in FY23, despite registering a positive y-o-y growth of 5.6% in March 2024 to $1.11 billion, as per
Govt not to impose export curbs on low-grade iron ore
NEW DELHI : India is unlikely to impose tariffs on exports of low-grade iron ore for now despite rising overseas sales to China, a source with direct knowledge of the matter said, turning down
Extension of interest subvention scheme with deeper subvention required to provide export competitiv…
NEW DELHI : Interest equalization scheme (IES) is one of the most effective instruments to remove cost disability of Indian exports. The scheme provides much needed competitiveness to our exports, said Shri Ashwani Kumar,
To promote exports from India, DGFT evaluating usefulness of Interest Equalisation Scheme
NEW DELHI : The government is scrutinising the Interest Equalisation Scheme for exporters to analyse its usefulness in promoting exports so far, including from the MSME sector, to decide if it should be continued
Apple’s iPhone exports from India have doubled, but component manufacturing needs to pick up
NEW DELHI : Since 2017, when Apple first started assembling its older version of iPhones in India, there have been many significant developments. The majority of the progress happened last year, following Apple CEO
AEO status now extended to the Gem & Jewellery sector : GJEPC
NEW DELHI : The Gem & Jewellery Export Promotion Council (GJEPC) is pleased to announce a significant milestone for the gem and jewellery industry in India. Following extensive efforts by the GJEPC in collaboration
Rice export prices fell to 3-month low on shrinking demand, ample supplies
NEW DELHI : Top exporter India’s rice export prices fell to their lowest level in more than three months this week on subdued demand and ample supplies, while Thailand’s prices remained largely flat. India’s
Commerce Ministry working on infrastructure to achieve $1 tn exports by 2030
NEW DELHI : The Commerce Ministry (MoCI) has initiated an exercise to identify required infrastructure needs, potential sectors, and clusters which would help the country achieve the $1 trillion merchandise exports target by 2030,