Smartphones, pharma drive India’s increasing share of bilateral trade with G7 nations
NEW DELHI : According to an analysis by Rubix Data Sciences, India’s merchandise trade with the G7 countries has recorded a healthy 13% compound annual growth rate (CAGR) since FY21, with a strong trade
Indian pharmaceutical exports ranked 11th globally in value terms in the year 2023 and accounted for 3% of the total pharmaceutical exports
NEW DELHI : Union Minister of State for Chemicals and Fertilizers Smt Anupriya Patel in a written reply to Rajya Sabha that, as per a secondary market research analysis published by Bain and Company
US tariff imposition to hit pharma and auto sectors
WASHINGTON : Enhanced tariffs on pharma imports in the US can severely impact Indian drug manufacturers as it would lead to higher production costs, making shipments less competitive against products from other countries. Smaller
DGFT eases policy conditions on Cough Syrup Exports to USA, UK, Canada, EU, Japan, Australia, Singapore, Republic of Korea and Switzerland
NEW DELHI : The Directorate General of Foreign Trade ( DGFT ) has eased export policy conditions on the export of cough syrups to select countries, including the USA, UK, Canada, the European Union,
Piyush Goyal addresses challenges faced by pharmaceutical exporters
NEW DELHI : In a significant move to bolster India’s pharmaceutical exports, Union Commerce and Industry Minister Shri Piyush Goyal convened a crucial meeting on Wednesday with key stakeholders from the pharmaceutical sector, including
Electronic goods, engineering goods, drugs & pharmaceuticals exports of India beat global trade slowdown during FY24
NEW DELHI : Only a few Indian sectors—engineering goods, electronic goods, and drugs & pharmaceuticals products—have seen a rise in their annual export value during FY24, a year that saw high interest rates globally
India’s exports of medical consumables, disposables surged by 60% in 2022-23
NEW DELHI : India’s exports of medical consumables and disposables have surged by about 60 per cent to USD 1.6 billion in the fiscal year 2022-23 from USD 1.08 billion in 2019-20, according to
Exports take a massive hit despite drop in freight charges
INDORE : Despite a drop in freight charges, exports across most sectors have failed to match last years’ levels in the corresponding period amid currency fluctuations and a slowdown in global demand, hitting home