Ministry of Textiles approves 11 R&D projects valuing INR 103 Crores across different areas of Technical Textiles
NEW DELHI : The Union Minister for Textiles, Commerce and Industry and Consumer Affairs, Food and Public Distribution, Shri Piyush Goyal, while chairing the 8th Meeting of the Mission Steering Group (MSG) of National
Indian Exporters’ suggest to have their own shipping line to avoid hurting the World Trade due to jumping freight rates
NEW DELHI : Freight rates have skyrocketed by up to 600 per cent due to the Red Sea crisis which would hurt the world trade, say Indian exporters while suggesting the government should start
Commerce Minister urges industry to share NTB concerns in exports
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal has declared India’s intention to implement reciprocal non-tariff barriers (NTB) and encouraged the industry to abandon the subsidy mind-set. “I’ve categorically told other countries
Red Sea crisis: Commerce Ministry asks DFS to maintain credit flow to exporters
NEW DELHI : The Commerce Ministry has asked the Department Of Financial Services (DFS) under the Ministry of Finance to maintain credit flow to exporters amid disruptions in the Red Sea route that could
PLI Schemes witness exports surpassing Rs. 3.20 lakh crore, with significant contributions from Large-Scale Electronics Manufacturing, Pharmaceuticals, Food Processing, and Telecom & Networking products
NEW DELHI : Production Linked Incentive (PLI) Schemes witness over Rs. 1.03 lakh crore of investment till November 2023, which has led to production/ sales of Rs. 8.61 lakh crore and employment generation (direct
Union Commerce and Industry Minister Piyush Goyal announces commencement of work on Trade Connect ePlatform
NEW DELHI : Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal chaired the second meeting of the reconstituted Board of Trade held at Bharat Mandapam,
India’s merchandise exports in December 2023 registered 0.96% growth at USD 38.45 Billion over USD 38.08 Billion in December 2022
NEW DELHI : India’s overall exports (Merchandise and Services combined) in December 2023* is estimated to be USD 66.33 Billion, exhibiting a negative growth of (-) 4.25 per cent over December 2022. Overall imports
India sees December exports boost, but all eyes on Red Sea
NEW DELHI : Higher exports helped India’s merchandise trade deficit come in lower than expected at $19.8 billion in December, data showed on Monday, though officials signalled that the turmoil in the Red Sea