June 23, 2026
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CBIC approves Customs House at Surat Diamond Bourse

August 1, 2024 EXPORT, Customs, Global Trade, Trade, Trending News
SURAT : Surat Diamond Bourse(SDB) stated, all necessary formalities were finalized on Tuesday. The customs house, which occupies an area of 40,000 square feet, is now ready for use. “The CBIC notified SDB under

Uttar Pradesh government to set up 33 logistics clusters across 30 dists

August 1, 2024 Logistics, Export - Import, Trade, Trending News
LUCKNOW : The Uttar Pradesh government, with the aim of accelerating industrial development, has initiated the process to establish 33 Integrated Manufacturing and Logistics Clusters (IMLCs) along expressways across 30 districts of the state.

Govt to set up credit guarantee fund for small businesses in next 100 days : DFS Secretary

August 1, 2024 Export - Import, Finance, Trade, Trending News
NEW DELHI : The union government plans to set up a credit guarantee fund for micro, small and medium enterprises (MSMEs) in the next 100 days, Mr. Vivek Joshi, Secretary at the Department of

Container rates out of India on major trades see sharp gains amid capacity woes

August 1, 2024 Container, EXPORT, International Shipping, Logistics, Shipping, Trade, Trending News
MUMBAI : Container freight rates on trades out of India have seen strong gains in July amid heightened demand linked to early peak season bookings and persistent capacity disruptions, according to a market analysis.

India-made telecom equipment now being exported to more than 100 nations

August 1, 2024 EXPORT, Defence, Economy, Global Trade, Technology, Trending News
NEW DELHI : Designed and manufactured in India, telecom equipment are now being exported to over 100 countries, the Centre has informed. Last year, the country exported telecom equipment and services worth more than

Govt of India takes several steps to promote business, boost exports and manufacturing

July 31, 2024 Export - Import, COMMERCE, Trade, Trending News
NEW DELHI : The Union Minister of State for Commerce and Industry, Shri Jitin Prasada informed in a written reply in the Lok Sabha that, the Central Government has undertaken several key initiatives and

755 applications approved across 14 sectors, investment of Rs. 1.23 lakh crore attracted under PLI Scheme till March 2024

July 31, 2024 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : Keeping in view India’s vision of becoming ‘Atmanirbhar‘, Production Linked Incentive (PLI) Schemes for 14 key sectors have been announced with an outlay of Rs. 1.97 lakh crore (over US$26 billion)

Negotiating teams to restart FTA talks with India as soon as possible: UK

July 31, 2024 Export - Import, COMMERCE, Economy, Global Trade, Trade, Trending News
LONDON : The process of getting negotiating teams back in the room will kick-start soon to deliver a Free Trade Agreement (FTA) with India, the UK’s newly elected Labour government announced on Monday as

Exide Industries to grow exports to 20% of sales in next few years

July 31, 2024 EXPORT, Trade, Trending News
KOLKATA : Storage battery major Exide Industries on Monday said it is committed to drive export growth to around 20 per cent of its total sales in the next few years. Currently, exports account

Spike in freight costs to hit exporters : Ind-Ra

July 31, 2024 Container, EXPORT, Logistics, Shipping Line, Trade, Trending News
MUMBAI : A recent four-fold spike in container freight costs, could hit Indian exporters’ profit margins and enhance their working capital requirements through 2024-25 if there is no respite soon, with smaller players likely to
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