The US crackdown on low-value Chinese e-commerce shipments has opened a rare and potentially lucrative window for Indian exporters, said GTRI in a report.
Senior research fellow Shruti Rajagopalan welcomed America's decision to pause the trade tariffs for a window of 90 days and expressed her views on the global trade order. She also spoke about the steps Indian policymakers can adopt to make exports more competitive. Rajagopalan made the r
Green also noted the significant progress of the Quad grouping, which he said has transformed from "informal meetings to formal summits." With growing commitment among its members, the Quad is now a "key strategic framework," he added. The Quad is a grouping of Australia, India, Japan, and
India's top policy think tank body NITI Aayog has envisions the country's automotive component production growing to USD 145 billion, with exports tripling from USD 20 billion to USD 60 billion.
With a new components policy in place, the country is aiming to increase value addition from the current 15-16 per cent to 40-50 per cent. Mobile phone exports have grown 77 times in the last 10 years.
Indian export leaders are optimistic that the ongoing US-China trade tensions could create significant opportunities for India in both trade and foreign investment, according to statements from key industry figures.
The Ministry of Electronics and Information Technology (MeitY), on April 8, notified the Electronics Components Manufacturing Scheme, marking a significant step towards strengthening India's position as a global hub for electronics manufacturing.
During the meeting, participants spoke about the options for establishing and operating the exchange and mechanisms for interacting with trading platforms, producers, and grain exporters.
Union Minister Piyush Goyal met with Export Promotion Councils and industry bodies in New Delhi to discuss the evolving trade scenario. He lauded exporters for their record performance and assured continued government support in navigating global trade challenges.
Addressing the weekly press briefing, MEA spokesperson Randhir Jaiswal said, "The Transshipment facility extended to Bangladesh had over a period of time resulted in significant congestion at our airports and ports. Logistical delays and higher costs were hindering our own exports and creat
Union Minister Ashwini Vaishnaw addressing a press conference in the national capital on Sunday said that electronic exports have increased more than six times in the last ten years.