India’s reliance on Chinese imports for MSME goods declining
NEW DELHI : India’s reliance on imports of MSME goods such as articles of leather, toys, and musical instruments from China is declining steadily, reflecting the country’s efforts to diversify import sources and strengthen
Govt mulls easing rice export curbs
NEW DELHI : Given the surplus rice stocks and robust kharif crops, the government is likely to announce measures to relax restrictions on rice exports imposed last year soon. Sources told that basmati rice
Manufacturing sector will play a key role in making India a developed nation by 2047: Piyush Goyal
NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal said on Friday that manufacturing will determine the direction of India’s growth trajectory, adding that India can achieve far more through a robust
Container freight rates out of India begin to trend down after strong gains in July
MUMBAI : Container freight rates on trades out of India have generally moderated in August with the exception of bookings to Europe, according to an analysis of market data . On the westbound India-Europe
Govt invites proposals to set up E-Commerce hubs
NEW DELHI : The government on Friday invited proposals from companies to set up E-commerce Export Hubs (ECEH) in the country that will be first launched on a pilot basis. The companies have been
India’s July engineering exports up 3.66%, shipments to Bangladesh fall 12%
NEW DELHI : Based on the Engineering Exports Promotion Council (EEPC), the exports of Indian engineering goods to various countries, including the US, UAE, Saudi Arabia, and Singapore, increased in July 2024, although its
Transformers and Rectifiers India gets nearly $17 million export orders
NEW DELHI : Transformers and Rectifiers (India) on Thursday said it has secured new export orders worth USD 16.80 million (about Rs 141 crore).The first contract awarded by Linxon Global Sweden is valued at
Spices Board launces ‘SPICED Scheme’ to boost spices export and cardamom productivity
NEW DELHI : Spices Board, under the Union Ministry of Commerce and Industry, has launched a transformative scheme aimed at significantly enhancing the export of spices and value-added spice products as well as improving