March 13, 2026
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Walmart shifts to India and cuts China imports

December 1, 2023 Trending News, Business, COMMERCE, EXPORT, Global Trade, Trade
TORONTO : Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain, data seen by Reuters shows.

Indian Solar Exports Surge by 246% YoY in Q3 2023

December 1, 2023 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : Solar cell and module exports from India surged 246% to $543.8 million (~₹45.5 billion) in the third quarter (Q3) of 2023 from $157 million (~₹12.5 billion) in Q3 2022, according to

India ahead of rest of Asia : India’s merchandise exports up 6.2% YoY in Oct 2023, likely to enable narrower CAD in FY24

November 30, 2023 EXPORT, Business, COMMERCE, Export - Import, Import, Trade, Trending News
NEW DELHI : India’s Merchandise Exports were up 6.2 per cent YoY in October 2023 and 2.4 per cent on YoY basis in Aug-Oct’23 period, recovering slightly ahead of the rest of Asia’s exports,

Manmade fibre textiles exports to rise 75% by 2030 : Textile industry

November 30, 2023 EXPORT, Trade, Trending News
NEW DELHI : Buoyed by the Production Linked Incentive (PLI) Scheme and free trade agreements with the UAE and Australia, the industry expects India’s exports of manmade fibre (MMF) textiles to increase 75% to $11.4 billion in 2030 from around

India unlikely to meet FY24 Seafood export target of $9.25 billion

November 30, 2023 EXPORT, Business, COMMERCE, Trade, Trending News
NEW DELHI : India is unlikely to meet its seafood export target worth $9.25 billion for FY24. Though there has been a slight improvement in exports in the last couple of months, the overall

Maersk diverting ships away from Red Sea amid safety concerns

November 30, 2023 Export - Import, International Shipping, Logistics, Ports, Shipping Line, Trade, Trending News
COPENHAGEN : Two container vessels operated by AP Moller-Maersk have been diverted from their scheduled routes, the company has said. The deteriorating security situation in the Middle East Gulf and Red Sea region is beginning to

Cargo ships facing Attacks opt to change course

November 30, 2023 Export - Import, International Shipping, Logistics, Maritime, Ports, Shipchartering, Shipping Line, Trade, Trending News
LONDON : Cargo vessels are being warned to be extra vigilant sailing near Yemen and Somalia after a spate of attacks on merchant shipping in the vicinity of Israel’s war in Gaza. On Wednesday the UK

DP World confirms data stolen in cyberattack, no ransomware used

November 30, 2023 Export - Import, Company, Foreign Ports, International Shipping, Trade, Trending News
SYDNEY : International logistics giant DP World has confirmed that data was stolen during a cyber attack that disrupted its operations in Australia earlier this month. However, the company says no ransomware payloads or

IAG Cargo open for partnerships with Indian carriers & logistics players

November 30, 2023 Logistics, Air cargo, AIR LOGISTICS, Company, Export - Import, Trending News
NEW DELHI : Bullish on the growth prospects in India, IAG Cargo is open for partnerships with Indian carriers and logistics players as and when an opportunity comes up, a top official said on

Commerce Ministry working to remove trade barriers, boost exports in sub-Saharan Africa & Gulf nations

November 29, 2023 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : The Commerce Ministry is working to address issues related to non-tariff barriers and market access for domestic products in sub-Saharan African countries like  Nigeria,  Ethiopia,  Ghana  and Gulf nations to boost India’s exports, an official said.
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