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
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
Businessmen struggles due to high rates, delayed approvals at port
KOCHI : The industrial community in Kerala is expressing hesitancy to rely on the Kochi coast for their import and export activities. Despite Kochi Port handling a significant
India’s overall exports in April 2023 estimated at USD 65.02 billion; a positive growth of 2 perce
NEW DELHI : India’s overall exports (Merchandise and Services combined) in April 2023* is estimated to be USD 65.02 Billion, exhibiting a positive growth of 2.00 per cent
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
India trade deficit in April falls to lowest in 21 months
NEW DELHI : India’s merchandise and services trade deficit fell to a 21 month low in April partly due to lower oil imports, a senior government official said on Monday. The merchandise and services deficit
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
A.P. Moller – Maersk expands its warehousing footprint to over half a million sq. ft. in Banglad
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
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
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