Exporters’ body seeks easy credit, global shipping line
NEW DELHI : Exporters have highlighted the need for access to easy and affordable credit, support for development of a global shipping line in the country and increased allocation for the Market Access Initiative
Union Govt approves continuation of export incentive scheme for apparel, garment till March 2026
NEW DELHI : The government on Thursday approved the continuation of an export incentive scheme – RoSCTL – for apparel, garments and made-ups up to March 31, 2026. The Rebate of State and Central
India-Switzerland EFTA Trade Pact : Commerce Ministry
MUMBAI : Commerce and Industry Minister Shri Piyush Goyal recently held a meeting with Swiss Federal Councillor Guy Parmelin in Mumbai, as India has sought investment commitments from Switzerland under the proposed Free Trade
Red Sea diversion sends shipping costs soaring for Bangladesh apparel exporters
DHAKA : There’s been a more than 30 per cent increase in freight charges and an additional 15 days in sailing time due to ships rerouting away from the Red Sea. Media reports maintained
Finance Ministry reviews that there are Scopes to add more quality and complexity to India’s exports
NEW DELHI : There is scope to add more quality and complexity to India’s exports, given the existing capabilities, the Finance Ministry said in its economic review for January. It also said that despite subdued global trends
Electronics and engineering goods’ exports among six focus sectors for targeting $1 trillion
NEW DELHI : India has identified electronics, engineering goods, textiles, marine & agriculture, toys and pharmaceuticals as the six sectors that could help the country achieve almost 70% of its $1-trillion goods export target by FY30.
Container freight rates out of India continue to soar amid Red Sea crisis
MUMBAI : The boost in container freight rates seen on trades out of India as a consequence of the Red Sea crisis has accelerated in recent weeks, according to the latest market analysis. On
FIEO’S Pre-Budget proposal for FY’ 2024-25 by FIEO President
NEW DELHI : FIEO President (OFFICIATE) Mr. Israr Ahmed has announced FIEO’s Pre- Budget proposal for the upcoming Union Budget 2024-25. 1. R&D Support key to sustained Exports growth: R&D is an integral part