Nokia’s Chennai plant exports 50% of production
CHENNAI : Nokia’s Chennai manufacturing facility exports 50 per cent of the production and has so far manufactured seven million telecom units, the company said in a media statement Thursday. The
Indian exports decline by 2.59% YoY to $34.47 bn in September
NEW DELHI : India’s exports declined by 2.59 per cent to $34.47 billion in September against $35.4 billion in September 2022, according to the data released by the
DGFT announces Two-Week Export Obligation Discharge Certificates (EODC) Camp for Pending Application
NEW DELHI : The DGFT issued Trade Notice No. 29/2023-24 dated October 13, 2023, with the aim of expediting the processing of pending applications for Export Obligation Discharge Certificates
Marketing strategy to help tap $112 bn export in 10 nations in 3 yrs : FIEO
NEW DELHI : Aggressive marketing strategy including support from the government can help Indian businesses tap USD 112 billion export potential in ten countries like the US and
DNV awards AiP for Hanwha Ocean’s new 270K LNG carrier design
NORWAY : Classification society DNV presented Hanwha Ocean with an Approval in Principle (AiP) for an innovative 270,000cbm LNG carrier. The design maximizes cargo capacity while optimizing vessel
Israel-Palestine war spells woes for Indian exports
NEW DELHI : Analysts have anticipated increased shipping costs accompanied with higher insurance premiums in wake of the growing Israel -Palestine conflicts. Amidst the recent attacks, trade volumes
DGFT releases detailed procedure for the Automatic System-Based Issuance of Status Holder Certificat
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has issued Trade Notice No. 28/2023-24 dated October 9, 2023, outlining the detailed procedure for the automatic system-based issuance
Israel-Palestine Conflict: Indian exporters may face higher risk premiums, shipping costs
NEW DELHI : Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Palestine Conflict, according to experts. Israel witnessed a
India Exim Bank pitches for new export markets to empower Indian businesses
NEW DELHI : Export-Import Bank of India (India Exim Bank) is committed to empowering Indian businesses by expanding exports to new markets, and it aims to collaborate with
Huge demand for Indian chicken, dairy, basmati rice, wheat products in Middle East : UAE industry
OMAN / NEW DELHI : Another importer from GCC Group said that there is a demand for products made by Indian cottage industries and for that India has