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.
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
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,
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
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
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
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
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
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
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.