India’s defence exports reach Rs. 21,083 Crore in 2023-24
NEW DELHI : In the fiscal year 2023-24, India achieved a significant milestone in its defence sector. The country’s defence exports reached a record-high value of Rs 21,083 crore (around USD 2.63 billion), marking a 32.5%
EEPC India proposes ‘faceless’ GST audit system to boost ease of doing biz
NEW DELHI : The Engineering Export Promotion Council (EEPC), India on Sunday proposed the introduction of a faceless GST audit system to boost ease of doing business in the country. The apex engineering exports
India-Australia Economic Cooperation and Trade Agreement marks two years of success
NEW DELHI : The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) completes two years of remarkable success, driving mutual growth and showcasing the complementarity of both economies. The Ind-Aus ECTA has significantly advanced
Indian logistics sector: High on delivery, low on cost
NEW DELHI : For the logistics sector, the year gone by was marked by efforts to move closer to the goals envisaged by the National Logistic Policy (NLP) in 2022. Following India’s elevation to
Logistics major Flomic Global Logistics accelerates expansion plans amid industry shifts
NEW DELHI : As global markets recover and e-commerce reshapes supply chain dynamics, Flomic Global Logistics is gearing up to expand its presence in the cross-border logistics sector. The company aims to capitalise on
Nitin Gadkari highlights role of AI in transforming India’s Logistics Sector
NEW DELHI : Union Minister Shri Nitin Gadkari has emphasized the transformative potential of Artificial Intelligence (AI) in revolutionizing India’s logistics sector. Addressing the ‘Revolutionizing Supply Chain with Artificial Intelligence’ conference organized by the
Recovery in markets, focus on key products boost export prospects for 2025
NEW DELHI : India’s growing capabilities in high-value sectors like machinery and electronics are supporting the country’s exports, amid global uncertainties caused by conflicts, and the gradual economic recovery in developed markets offers improved
DPIIT establishes 1,300+ manufacturing units under PLI Scheme in 2024
NEW DELHI : Success related to the production-linked incentive (PLI) Scheme to boost the start-up ecosystem, streamlining logistics, enhanced foreign direct investment (FDI) inflows and establishing of over 1,300 manufacturing units under the PLI