Tiruppur and Noida apparel exporters are in plan for periodic shutdowns
TIRUPPUR/NOIDA : Due to a lack of international orders, clothing exporters in Tiruppur and Noida have opted to close their manufacturing facilities for 10 to 15 days per month to decrease operating costs. Post
CBIC : Circular on Amnesty scheme for one time settlement of default in export obligation by Advance…
NEW DELHI : The CBIC has issued Circular No. 11/2023-Customs dated May 17, 2023 regarding the amnesty scheme for one time settlement of default in export obligation by Advance and Export Promotion Capital Goods
April 2023 exports show positive growth, however order bookings for festival and New Year season rem…
NEW DELHI : Reacting to the April, 2023 overall (goods & services) export figures, FIEO President, Dr A Sakthivel said that starting the new financial year 2023-24 on a positive note with US$ 65.02
India’s exports to EU & US grow but Asia and Africa suffer in FY23
NEW DELHI : India’s Merchandise Shipments to certain Asian and African regions contracted in FY23, thus weighing on overall growth in exports. There was growth in exports to the European Union and the US,
A.P. Moller – Maersk expands its warehousing footprint to over half a million sq. ft. in Bangladesh…
DHAKA : A.P. Moller – Maersk (Maersk) on Monday announced the expansion of its warehousing footprint in Chattogram. Commissioned in cooperation with ISATL, Maersk has embarked on the second phase of its partnership with ISATL, which
Netherlands emerges as India’s 3rd largest export destination
NEW DELHI : The Netherlands has emerged as India’s third largest exports destination after the US and UAE during 2022-23, showed commerce ministry’s data on Sunday. This can be attributed to a surge in shipment of goods
The new foreign trade policy is a watershed moment for MSMEs
NEW DELHI : The newly launched Foreign Trade Policy (FTP) by the Directorate General of Foreign Trade (DGFT) is the most significant one yet. While multiple factors such as the pandemic and geopolitical tensions
Shipping starts on the Chittagong-Dubai route
DHAKA : Shipping has recently started in the Chittagong-Dubai route even as part of its debut journey, a ship carrying 121 export containers from Bangladesh left Chittagong Port recently to Jebel Ali port in