Over 50,000 garment workers left jobless as Bangladesh’s apparel sector faces crisis
DHAKA : The garment industry, a crucial driver of Bangladesh’s export economy, is currently grappling with a series of challenges that have led to a significant downturn. In the past year, at least 76
Exports to China saw sharpest fall in December
NEW DELHI : India’s outbound shipments to four of top 10 export destinations – United Arab Emirates (UAE), the Netherlands, China, and Singapore – contracted in December last year, which led to a decline
India sets ambitious target of USD 250 Billion in engineering exports by 2030
NEW DELHI : Indian Government aims to achieve USD 1 trillion in exports by 2030, with USD 250 billion expected from the engineering sector, according to Commerce Secretary Sunil Barthwal. This ambitious target reflects
India’s regulatory system ensures transparent process for high-tech exports : DGFT Sarangi
BENGALURU : India’s Regulatory system is ensuring a robust and transparent process for exports of high-tech goods, a senior official said on Thursday. Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said that
Piyush Goyal launches National Turmeric Board
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush inaugurated the National Turmeric Board in New Delhi. Shri Goyal announced Shri Palle Ganga Reddy as its first Chairperson. The headquarters of the
India’s Merchandise Exports see marginal dip of 1% in December 2024; FIEO urges Supportive Bud…
NEW DELHI : Merchandise exports in December 2024 stood at USD 38.01 billion, reflecting a slight 1% year-on-year decline. FIEO President, Mr Ashwani Kumar, attributed this drop to volatility in commodity and metal prices,
India’s first E-Commerce Export Hub to launch by March : DGFT
NEW DELHI : India’s first E-Commerce Export Hub is set to start operations by March 2025, revealed Santosh Kumar Sarangi, Director General of Foreign Trade (DGFT). The pilot launch for these hubs has been
Minister of Textiles inaugurates India Pavilion at Heimtextil 2025, Frankfurt
FRANKFURT : India showcased its growing strength in the textile industry as the Hon’ble Minister of Textiles inaugurated the India Pavilion at Heimtextil 2025, held at Messe Frankfurt. With the largest country participation at