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Modi government will make India leader in seafood exports: Minister of State for Commerce and Industry Som Parkash

Modi government will make India leader in seafood exports: Minister of State for Commerce and Industry Som Parkash

Sun, Feb 09, 2020

The Central government will help the seafood sector in all possible ways to make India the number one exporter, Union Minister of State for Commerce and Industry, Som Parkash, said on Saturday.

BIG BOOST for defence exports! Modi government takes this important decision - Know why it's a shot in Indian economy's arm

BIG BOOST for defence exports! Modi government takes this important decision - Know why it's a shot in Indian economy's arm

Fri, Oct 25, 2019

In a major decision, Modi government has approved the issuance of two open general export licences (OGELs) for export of certain parts and components as well as intra-company transfer of technology to select countries.

Knitwear exports from Tirupur to clock Rs 30,000 crore in FY20

Knitwear exports from Tirupur to clock Rs 30,000 crore in FY20

Thu, May 09, 2019

Exports of knitwear products from Tirupur is likely to cross Rs 30,000 crore during this fiscal from Rs 26,300 crore registered in 2018-19.

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Impact of Brexit on trade with India is expected to be minimal: Nirmala Sitharaman

Impact of Brexit on trade with India is expected to be minimal: Nirmala Sitharaman

Mon, Jul 18, 2016

Sitharaman further said, “At present, there is no bilateral trade agreement that India has with EU.”

Rise in exports after 18-month gap narrows trade deficit to $8 billion

Rise in exports after 18-month gap narrows trade deficit to $8 billion

Fri, Jul 15, 2016

This was mainly due to the rise in exports for the first time after a gap of 18 months.

Bajaj Auto sales decline by 4% in June

Bajaj Auto sales decline by 4% in June

Mon, Jul 04, 2016

Motorcycle sales during the month fell 5 per cent to 2,73,298 units from 2,87,582 in June last year, led by decline in export. The export reported a decline of 21% to 1,04,673 units compared to to 1,32,986 same quarter of the previous year.

Is Maruti Suzuki's 14% decline in sales something to be worried about?

Is Maruti Suzuki's 14% decline in sales something to be worried about?

Sat, Jul 02, 2016

A month earlier, for instance, it registered a total sales growth of 7.1%, as domestic sales growth rose to 10.6%.

Will Brexit impact Indian exports?

Will Brexit impact Indian exports?

Mon, Jun 27, 2016

Federation of Indian Export Organisations on Indian Express reported, that India’s export will face pressure led by currency volatility post Brexit decision in the immediate future as both British Pound and Euro will depreciate, giving greater competitiveness to their products.

Brexit impact: Currency volatility may hit India's exports, says FIEO

Brexit impact: Currency volatility may hit India's exports, says FIEO

Sat, Jun 25, 2016

Currency volatility post Britain's decision to exit from the European Union (EU) may put pressure on India's exports in the immediate future as both British Pound and Euro will depreciate, giving greater competitiveness to their products, exporters' body FIEO said on Friday.

Brexit is an opportunity for India, says Nirmala Sitharaman

Brexit is an opportunity for India, says Nirmala Sitharaman

Fri, Jun 24, 2016

Nirmala Sitharaman, Minister of State (MoS) for Commerce and Industry said that there will be a short term impact on India's exports due to currency volatility as a result of Brexit.

Japan records first trade deficit since start of 2016

Japan records first trade deficit since start of 2016

Mon, Jun 20, 2016

By country, the deficit with China, Japan's largest trading partner, rose 401.093 billion yen ($3 billion) in April, representing a 4 % year-on-year increase.

Govt to extend incentives to boost India's exports, says Nirmala Sitharaman

Govt to extend incentives to boost India's exports, says Nirmala Sitharaman

Fri, Jun 17, 2016

"So it is a time when the help will have to be extended whether in the form of interest subvention or in the form of any kind of incentives for exports. We have been looking at sectorally," Sitharaman told reporters.

Are free trade agreements to blame for India’s exports fall?

Are free trade agreements to blame for India’s exports fall?

Thu, Jun 16, 2016

Imports South Asia surged 41.16% from 4.83%, 17.4% increase from Sri Lanka, Thailand saw an export rise of 41.05% as against 7.39%.

Exports fall marginally by 0.79% in May as non-oil sectors recover

Exports fall marginally by 0.79% in May as non-oil sectors recover

Wed, Jun 15, 2016

Exports fell for the 18th month in a row in May, though marginally by 0.79 % to $ 22.17 billion as several non-oil sectors such as engineering and gems and jewellery saw a rise in outward shipments.

Extend incentives for gems, jewellery sector to boost export: Assocham

Extend incentives for gems, jewellery sector to boost export: Assocham

Wed, Jun 08, 2016

The chamber has also appealed to the government for granting industry status to the gems and jewellery sector to give a fillip to investments.

Trade deficit to widen to 1.6% of GDP in FY17, says Nomura

Trade deficit to widen to 1.6% of GDP in FY17, says Nomura

Tue, May 17, 2016

In April, exports contracted for the 17th straight month, deepening 6.7% y-o-y from 5.5% in March.

Exports fall yet again but there is a silver-lining

Exports fall yet again but there is a silver-lining

Sun, May 15, 2016

India's merchandise exports declined for the 17th month in a row in April. Outbound shipments in the month fell 6.70% this year albeit at a slower pace than in March, and experts see the downward trend to continue in the current fiscal. There is a good news, though.

India can grow exports by improving quality of goods, services: IMF

India can grow exports by improving quality of goods, services: IMF

Fri, May 06, 2016

India should capitalise further on its comparative advantage in exports of high-value services, said an IMF paper titled 'Make in India: Which Exports Can Drive the Next Wave of Growth'

Port-based 29 industrial projects to boost exports by $110 billion

Port-based 29 industrial projects to boost exports by $110 billion

Thu, May 05, 2016

The clusters are planned in the vicinity of India's top 12 major ports.

Hope that worst is over for Indian exports: Nirmala Sitharaman

Hope that worst is over for Indian exports: Nirmala Sitharaman

Thu, May 05, 2016

Sitharaman said that the global dip in trade would impact India's exports also.

GST to help reorient states towards export promotion: Parliamentary panel

GST to help reorient states towards export promotion: Parliamentary panel

Tue, May 03, 2016

The Parliamentary Standing Committee on Commerce in its report said that the Department of Commerce must further deepen its engagement with the states.

Tata Motors sales pick up 10% in April

Tata Motors sales pick up 10% in April

Mon, May 02, 2016

Sales of passenger vehicles in the domestic market last month stood at 11,161 units as against 10,341 a year ago, up 7.9%.

EU, China slowdown, price slump cause of exports fall: Nirmala Sitharaman

EU, China slowdown, price slump cause of exports fall: Nirmala Sitharaman

Tue, Apr 26, 2016

The minister said fall in crude oil prices has resulted in a decline in petroleum products` prices as well as export realisations ,

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