Govt has undertaken many initiatives to boost export competitiveness and provide support to MSMEs in the global value chain
NEW DELHI: The recent trends in exports from MSME sectors reveal that contribution of the MSME sector in overall merchandise exports has increased from 45.74% in 2023-24 to 48.55 % in 2024-25 in USD
Simplification of customs will be next big reform, says Finance Minister
NEW DELHI: Ahead of Budget 2026, Finance Minister Smt. Nirmala Sitharaman on Saturday (December 6, 2025) said the simplification of customs would be the next big reform agenda for the government. During the current
Export Promotion Mission sets unified path to strengthen India’s export competitiveness
NEW DELHI: India took a major step to strengthen its export ecosystem with the launch of the Export Promotion Mission (EPM), a unified framework approved in the Union Budget 2025-26. The Mission was designed
Rupee slide offers little relief to textile exporters as US tariffs hit volumes, margins
NEW DELHI: India’s textile and apparel exports fell 13% year-on-year to $2.67 billion in October, as per data from the Confederation of Indian Textile Industry (CITI). India’s $37-billion textile and apparel exports industry is
Joint Statement following the 23rd India – Russia Annual Summit
NEW DELHI: INDIA – RUSSIA: A Time-Tested Progressive Partnership, Anchored in Trust & Mutual Respect At the invitation of the Prime Minister of India Shri Narendra Modi, the President of the Russian Federation, H.E.
India can expand exports to Russia from USD 5 bn to USD 35 bn by 2030: GTRI
NEW DELHI: India has the potential to raise its merchandise exports to Russia from about USD 5 billion to nearly USD 35 billion by 2030, according to a GTRI report, as President Vladimir Putin’s
FIEO hails Outcomes of the 23rd India–Russia Annual Summit
NEW DELHI: The Federation of Indian Export Organisations (FIEO) has welcomed the Joint Statement issued following the 23rd India–Russia Annual Summit, describing it as a major step forward in strengthening trade, economic, technological, and
FIEO welcomes RBI’s 25-basis-point cut in repo rate, anticipates strong boost for exporters, trade finance, and economic growth
NEW DELHI: The Federation of Indian Export Organisations (FIEO) welcomed the Reserve Bank of India’s decision to reduce the repo rate by 25 basis points, describing it as a timely and encouraging step that will