Tag: Export

India’s $400bn export target illustrates capability, potential: Modi

In his monthly radio address 'Mann ki Baat', he said the export target also signified that the demand for items made in India has been increasing all over the world and the supply chain is getting stronger by the day.

March 27, 2022

India’s export of Ajwain increases by 158%

The government has been taking up a number of proactive steps to boost exports including a dedicated export monitoring desk

February 4, 2022

Export of Indian ‘Ready to Eat’ food products registered a 26% growth

India’s export of final consumer food products mainly Ready to Eat (RTE), Ready to Cook (RTC), and Ready to Serve (RTS) have been on the rise for the past decade, claimed a senior officer of the Commerce Ministry.

January 30, 2022

Indian Marine Products registers export growth of 35% during April-December 2021

In the month of December 2021, exports of Marine Products touched USD 720.51 Million, registering a growth of 28.01% over USD 562.85 Million logged in December 2020, said a senior officer of the Commerce Ministry.

January 30, 2022

Rice and buffalo meat export contributes 58% of India’s total export in agriculture and processed food sector

The Ministry said the top three products in the APEDA (The Agricultural and Processed Food Products Export Development Authority) export basket in 2020-21 were Non-Basmati Rice (23.22% share), Basmati Rice (19.44%) and Buffalo Meat (15.34%) and these products together account for 58 per cent of total shipments.

December 31, 2021

Govt clears sugar export subsidy worth Rs 1,800 cr so far this season

According to the ministry, the country's sugar production is likely to remain flat at 30.5 million tonnes in the next 2021-22 season.

September 20, 2021

Will focus on new products, markets for diversification of exports basket: FIEO

Speaking at the meeting, FIEO Vice Chairman Khalid Khan said that the continuous growth in exports since March will help in achieving the target.

September 20, 2021

Israel to examine rules to tighten export of spywares like Pegasus

"We certainly have to look anew at this whole subject of licenses granted by DECA [Israel's Defence Exports Control Agency]. When they finish their review, we'll demand to see the results and assess whether we need to make corrections,"

July 23, 2021

Exports grow 47 pc to USD 32.46 bn in June; trade deficit at USD 9.4 bn

The merchandise exports were recorded at USD 82 billion during April-June 2018-19 and USD 90 billion during the last quarter of 2020-21, he said.

July 3, 2021

Biden behind on global vaccine sharing, cites local hurdles

White House broadly outlined its plans for all 80 million doses, but it is not publicly releasing a list of how many and of what type of vaccines each recipient will get

July 1, 2021

Daimler India adds Malaysia to its export markets

India is the fifth most important market for Daimler Trucks.

October 21, 2020

Export of 19-20% needed to achieve $5 trillion economy: Piyush Goyal

In order to reach the 5-trillion-dollar economy mark as envisaged by Prime Minister Narendra Modi, India must try to bring back the 19-20 per cent export growth.

September 12, 2019

Surveys indicate China manufacturing demand is weak amidst trade war

A monthly purchasing managers' index released by a business magazine, Caixin, rose to 50.4 from July's 49.9 on a 100-point scale on which numbers above 50 show activity increasing. That

September 2, 2019

Indian tea firm strikes $1 mn export deal with Chinese company

China is India's 10th largest tea export destination. Last year, India's export of tea to China was worth $25 million.

November 6, 2018

Odisha’s export turnover may touch Rs 1 lakh cr by 2025: Minister

The Odisha government on Saturday said the export turnover of Odisha may touch Rs one lakh crore before 2025. Inaugurating the “Raptani Bhawan” here, MSME Minister Prafulla Samal said Odisha is going to have a new Export Strategy, which is being prepared in consultation with Federation of Indian Export Organisation (FIEO). With opening and shifting...

January 21, 2018

US oil export to India will increase jobs: Perry

Export of American crude oil to India will create jobs, economic stability and national security in both countries, US Energy Secretary Rick Perry has said, days after the first ever shipment of US crude oil landed in Odisha. The shipment, loaded at Saint James, Louisiana and Freeport, Texas terminals last month, docked at Paradip port...

October 6, 2017

GST: Jaitley hints at more sops for small exporters

Following its decision to exempt small exporters from furnishing bank guarantee for shipping goods and services, the government on Saturday hinted that it may take more steps to provide additional relief to such business houses. Union Finance Minister Arun Jaitley, referring to the decision scrap bank guarantees said: “This decision is taken in response to...

September 30, 2017