Red Sea shipping diversions are boosting airfreight volumes and rates
OSLO : Retailers and manufacturers are flying more goods around the shipping crisis in the Red Sea, industry experts say, helping boost international airfreight operators after a long period of sagging cargo volumes. The
Essar Group’s GreenLine aims to deploy 5000 LNG-powered vehicles by end of FY25
AHMEDABAD : Industries across India are rapidly adopting LNG (Liquefied Natural Gas) transportation as a powerful solution to combat climate change. It is driven not only by environmental concerns but also by economic benefits.
Honda selects APM Terminal Pipavav port for Japan Route
PIPAVAV : GPPL has created Indian Auto export history as the first choice for Honda to export their new mid-size SUV to Japan. The made in India Honda Elevate got launched
India allowing exports of essential goods to Maldives despite strained ties
NEW DELHI : India has allowed limited exports of essential commodities, including sugar, wheat, rice, and onions, to the Maldives, the government said on Friday, even as ties between Male and New Delhi remained
PM Modi sets ambitious India economic goals for probable third term
NEW DELHI : Indian Prime Minister Shri Narendra Modi, confident of winning a national election starting this month, has set an ambitious target of roughly doubling the economy and exports this decade, according to a government
India’s Merchandise Exports may reduce despite expecting double-digit growth in March
NEW DELHI : Merchandise exports from India for the financial year 2023-24 (FY24) may show a contraction of around 1-1.5 per cent after two consecutive years of growth, even as March is likely to
India has set a target of $12 billion Marine exports in the next 2 years
NEW DELHI : The Government of India aims to increase its marine product exports to $12 billion in the next two years by increasing its processing capacity and shifting to higher-value-added products. In 2022-23,
Commerce Ministry shifts focus to push fresh fruits and vegetables to US and EU
NEW DELHI : With an export ban in place on rice and wheat, the Union Commerce Ministry has shifted its focus to exports of agricultural products including fresh fruit and vegetables to new destinations,