The capital-intensive industries in India have done relatively well in terms of export growth, with the government focusing on promoting assembly of electronics, machinery, and pharmaceutical products, a Goldman Sachs report observed.
India's services exports, in US dollar terms, grew at a robust compound annual growth rate (CAGR) of more than 14 per cent over the last 30 years (between 1993 and 2022), significantly higher than India's merchandise export growth (10.7 per cent) as well as world services export growth (6.8
This plan, encompassing 13 key issues, seeks to set the tone for policy direction and governance, fostering a conducive environment for robust export growth.
In an exclusive interview with ANI, Ajay Srivastava, Founder of the Global Trade Research Initiative (GTRI), shed light on India's export scenario, offering insights into current trends and future prospects.
The industry body's analysis was based on key macroeconomic indicators, including GDP growth, export growth, gross national savings, total investments, and the debt-to-GDP ratio.
Amid low foreign direct investment (FDI) and nominal export growth, the Pakistan Industrial and Traders Associations Front (PIAF) on Sunday said that foreign remittance flows are crucial to supporting the country's financial balance, Frontier Post reported.
Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has received Damien O'Connor, New Zealand's Minister of Trade and Export Growth, in Dubai as the two nations explore deeper economic collaboration, including the pursuit of a Comprehensive Economic Partnership Agreement.
Foreign Trade policy (FTP) 2023 is focussed more on export growth, and the country will achieve USD 900 billion in exports in the next financial year, Dr A Sakthivel, the President of Federation of India Export Organisation (FIEO) said.
The Minister exhorted the export promotion bodies to give an active push to exports and maintain the momentum of healthy growth recorded in the previous year.
New Delhi [India], July 13 (ANI): To give a boost to the export of horticulture products grown in North-Eastern (NE) states, the government is now up with a robust strategy to promote locally produced agricultural products to the international markets.
Beijing [China], May 9 (ANI): China's export growth witnessed a sharp fall to 3.9 per cent in the month of April, as the draconian COVID-19 curbs that the country imposed in late March in the economic hub of Shanghai, and other cities start to show their effect on the economy.
New Delhi [India], February 10 (ANI): Reserve Bank of India Governor Shaktikanta Das' Monetary Policy Statement on maintaining the status quo in key rates to support exports and manufacturing comes opportunely as early trends of the country's exports in February indicate shipments grew by 28