Exports to China saw sharpest fall in December
NEW DELHI : India’s outbound shipments to four of top 10 export destinations – United Arab Emirates (UAE), the Netherlands, China, and Singapore – contracted in December last
India sets ambitious target of USD 250 Billion in engineering exports by 2030
NEW DELHI : Indian Government aims to achieve USD 1 trillion in exports by 2030, with USD 250 billion expected from the engineering sector, according to Commerce Secretary
India’s regulatory system ensures transparent process for high-tech exports : DGFT Sarangi
BENGALURU : India’s Regulatory system is ensuring a robust and transparent process for exports of high-tech goods, a senior official said on Thursday. Director General of Foreign Trade
Piyush Goyal launches National Turmeric Board
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush inaugurated the National Turmeric Board in New Delhi. Shri Goyal announced Shri Palle Ganga Reddy as its
India’s Merchandise Exports see marginal dip of 1% in December 2024; FIEO urges Supportive Bud
NEW DELHI : Merchandise exports in December 2024 stood at USD 38.01 billion, reflecting a slight 1% year-on-year decline. FIEO President, Mr Ashwani Kumar, attributed this drop to
India’s first E-Commerce Export Hub to launch by March : DGFT
NEW DELHI : India’s first E-Commerce Export Hub is set to start operations by March 2025, revealed Santosh Kumar Sarangi, Director General of Foreign Trade (DGFT). The pilot
India’s Trade deficit shrinks to $21.94 Billion in December
NEW DELHI : India’s trade deficit dropped to $21.94 billion in December, improving from November’s $32.84 billion, driven by higher exports and lower imports. Merchandise exports rose to
Minister of Textiles inaugurates India Pavilion at Heimtextil 2025, Frankfurt
FRANKFURT : India showcased its growing strength in the textile industry as the Hon’ble Minister of Textiles inaugurated the India Pavilion at Heimtextil 2025, held at Messe Frankfurt.
Major drivers of merchandise exports growth in December 2024 include Electronic Goods, Engineering G
NEW DELHI : India’s total exports (Merchandise and Services combined) for December 2024* is estimated at USD 70.67 Billion, registering a positive growth of 0.92 percent vis-à-vis December
Budget 2025: Trade think tank GTRI bats for cut in average import tariff to 10%
NEW DELHI : The Global Trade Research Initiative (GTRI) proposed six reforms for Budget 2025-26 to boost India’s trade and manufacturing. The proposals include reducing the average import