Freight rate surge shocks Indian importers on Asia routes
NEW DELHI : Indian importers sourcing goods from Asia, especially from China, are facing a steep hike in container freight rates, underscoring the ongoing volatility in the shipping market. Market data reveals that spot
Country’s merchandise exports surge by 17.25% year-on-year to USD 39.2 billion, amidst continuing global economic uncertainties: President FIEO
NEW DELHI : Reacting to the October, 2024 merchandise exports of USD 39.2 billion, which surged impressively with a high double-digit growth of 17.25%, the highest in recent times, said FIEO President, Mr AshwaniBangladesh turmoil boosts India’s garment export success
NEW DELHI : India’s garment exports are seeing a significant boost due to the ongoing unrest in neighboring Bangladesh. In the first half of the current financial year, Indian garment exports rose by 8.5%,
FIEO partners with Stenn to meet growing financing needs of SMEs ; Strengthening their export competitiveness
NEW DELHI : The Federation of Indian Export Organisations (FIEO), an apex export promotion organisation of India, (set up by the Ministry of Commerce, Government of India) has partnered with Stenn to provide tailored
FIEO seeks 5-year extension of interest subvention scheme
NEW DELHI : Exporters’ body Federation of Indian Export Organisations (FIEO) on Tuesday said it has requested the government to extend the interest subvention scheme for exporters for five years. “If there is no interest equalisation
Piyush Goyal chairs inter-ministerial meeting to address rising freight cost, shipping delays, shortage & non-availability of containers and congestion at the ports
NEW DELHI : An inter-ministerial meeting was held here on Thursday under the chairmanship of Union Minister of Commerce & Industry, Shri Piyush Goyal to address rising freight cost, shipping delays, shortage & non-availability
August exports decline by over 9 % YoY amidst global economic uncertainties coupled with drop in commodity prices and logistical challenges : FIEO President
NEW DELHI : Reacting to the August goods exports of USD 34.71 billion, which saw a decline of over 9 percent, FIEO President, Mr Ashwani Kumar said that such a sharp decline in merchandise
Another container shortage coming for Indian exporters: GTRI
NEW DELHI : Indian exporters may face yet another round of container shortages, compounded by already soaring freight costs, as reports emerge of China cornering all available container capacity to push as much shipments
