Tag: Exports

After US, Iran, India now eyes Japan, S Korea for mango exports

After scoring success with the US, Australia and Iran, India is now eyeing the untapped Japanese and South Korean markets for exporting mangoes, a top official has said. "Basically, mangoes from Thailand are mostly consumed in the (Far Eastern) region, including China. We have found that they do not like fibrous mango. So, we have …

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April 28, 2017

Mango exports may touch 50k tonne mark in FY18

India's mango exports are likely to surpass last year's level and touch 50,000 tonne mark in the ongoing fiscal, buoyed by strong demand and supply of export quality fruit, government body APEDA said on Thursday. The country had shipped 45,730 tonnes of mangoes. The export figures pertain to shipments undertaken by exporters registered with APEDA. …

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April 20, 2017

Having a good look at proposed FTA with India: Australia

Australia has said that it was having a "good look" at the situation with respect to the long-pending Free Trade Agreement (FTA) with India, days after Prime Minister Malcolm Turnbull's visit to the country. The FTA issue emerged prominently during the first official visit of Turnbull to India where he met his counterpart Narendra Modi. …

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April 18, 2017

Indian cars flood Vietnam market

Việt Nam imported nearly 4,800 Indian cars in the first quarter of this year, increasing more than threefold compared with the same period last year, according to the Vietnam Customs. The average costs, insurance and freight (CIF) price were reported at nearly $3,800 each, which does not include taxes and fees, the report said. This …

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April 17, 2017

Pakistani exports to India grow despite border tensions

Despite mounting tension along the border, the trade between Pakistan and India has remained intact since the beginning of the current fiscal year, a media report said on Friday. A report by the State Bank of Pakistan (SBP) revealed that Pakistan grew its exports to India during the first eight months of 2016-17 while curtailing …

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April 14, 2017

Steel exports surge 102% in FY 17, imports fall 36.6%

Overtaking imports, India's steel exports jumped by 102.1 per cent in 2016-17 to 8.24 million tonnes (mt), as compared to 4.07 mt shipped out in the previous financial year (2015-16), according to a Steel Ministry's report. "Export of total finished steel was up by 102.1 per cent in April-March 2016-17 at 8.24 mt over same …

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April 12, 2017

Working on increasing exports to China: Shaktikanta Das

The government is working towards increasing exports to China to balance a wide trade deficit and formulate a sustainable trade relationship between the two nations, Economic Affairs Secretary Shaktikanta Das said on Monday. "Our Commerce and Trade Department is working with China to increase our exports there so that there is parity in trade with …

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February 13, 2017

Lots need to be done to increase India’s exports: Anant Geete

Admitting that Indian businesses are facing multiple challenges in overseas markets due to the globally competitive environment, Union Minister Anant Geete on Thursday said a lot needs to be done to boost the country's shipments. `"We need to do a lot in the direction of increasing exports. In this era of globalisation, competition has reached …

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February 9, 2017

Lots need to be done to increase India’s exports: Anant Geete

Admitting that Indian businesses are facing multiple challenges in overseas markets due to the globally competitive environment, Union Minister Anant Geete on Thursday said a lot needs to be done to boost the country's shipments. `"We need to do a lot in the direction of increasing exports. In this era of globalisation, competition has reached …

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February 9, 2017

Nepal’s trade deficit widens by 87%

Nepal's trade deficit surged by 87.44 per cent during the first five months of the current fiscal year compared to same period the last year as imports increased substantially. According to Nepal's Department of Customs, the country witnessed trade deficit of $3.22 billion during the first five months of fiscal year 2016-17, Xinhua news agency …

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January 3, 2017