South India’s largest Multimodal Logistics Park to come soon in Bengaluru
BENGALURU : Groundwork has begun to construct South India’s largest Multimodal Logistics Park (MMLP) at Obalapura on the northern outskirts of Bengaluru, with full-fledged construction slated to start in March. Spread over 400 acres,
Shippers are counting the cost of war
OSLO : Verifiable costs for transiting the African Cape rather than the Suez Canal are around US$1,000 per box according to Xeneta Chief Analyst Mr. Peter Sand, who was responding to questions on how
Joint Statement on India – United States Trade Policy Forum
NEW DELHI : The 14th Ministerial-level meeting of the India-United States Trade Policy Forum (TPF) was held here, on January 12, 2024. Minister of Commerce and Industry, India, Shri Piyush Goyal and U.S. Trade
Maersk announces Dry port Surcharge – Export (DPS) from Amritsar to Mundra & Pipavav
MUMBAI : In order to keep providing its customers with global services, Maersk has announced the Dry port Surcharge – Export (DPS) All 20 Dry Containers from – AMRITSAR to MUNDRA & PIPAVAV. Effective
Jaishankar to visit Iran on Monday as Red Sea Conflict escalates
NEW DELHI : External Affairs Minister Shri S Jaishankar is set to visit Iran on Monday amid growing concerns over escalation of tensions in West Asia. The visit follows the US-UK forces’ attack on Houthi military positions and Jaishankar’s discussion with US Secretary
Textile company owners in Karur hope Frankfurt fair will boost exports
FRANKFURT : The manufacturers and exporters, who have set up stalls at Heimtextil, the annual Textile Fair which is being held in Frankfurt in Germany, expressed hope that the fair would help them fetch
End of tariffs in Switzerland to help exports
NEW DELHI : Abolition of tariffs or import duties on industrial goods in Switzerland is seen to help exporters of Indian textiles, shoes and other industrial inputs going into the European nation.The move comes at a time when
India to grow into a $7 trillion economy by 2030 : PHDCCI
NEW DELHI : India is expected to grow into a $7 trillion economy by the year 2030, establishing itself as the second-largest economy in the Asia-Pacific region and the third-largest globally, industry body PHD