Govt plans global trade promotion body for MSME exports, to be announced in budget
NEW DELHI : The Centre may propose a global trade promotion body focused on boosting MSME exports in the upcoming Union budget, three people aware of the development said. The move comes on the
Indian exporters must prepare for EU’s sustainability compliance regulation : GTRI
NEW DELHI : Indian firms exporting items such as textiles, paints, furniture, mattresses, steel and aluminium to the EU must proactively prepare to comply with Ecodesign for Sustainable Products Regulation (ESPR) which requires them
Chinese imports slowdown during Jan-April 2024
NEW DELHI : India’s efforts to boost manufacturing and cut its dependence on Chinese imports appear to have met with some success with merchandise imports from the neighbour declining in the three months since
Gold and silver import from UAE jumps 210%, need duty revision in FTA : GTRI
NEW DELHI : India’s gold and silver imports from its Free Trade Agreement (FTA) partner UAE have skyrocketed 210 per cent to $10.7 billion in 2023-24 and there is a need to potentially revise
India poised to benefit from US tariff hikes on Chinese products : Experts
NEW DELHI : US President Joe Biden‘s plan to levy high tariffs on a host of Chinese products, including electric vehicles (EVs), batteries, and medical supplies, will likely benefit Indian exporters, government officials and
China largest trading partner of India in FY24 with $118.4 bn; US second with $118.3 bn
NEW DELHI : China has emerged as the largest trading partner of India with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank GTRI. The
India’s plastics exports down 3.5% on global economic conditions and geopolitical tensions
NEW DELHI : India’s plastics exports fell 3.5% to $11.55 billion in FY24 from $11.96 billion in FY23, despite registering a positive y-o-y growth of 5.6% in March 2024 to $1.11 billion, as per
India fails to make substantial export gains in the US and Europe in FY24
NEW DELHI : India’s exports to its largest markets, Europe and the US, remained flat as its global shipments declined in FY24 on account of falling demand and gepolitical flare-ups. While India’s overall exports