"With the proposed tariff of around 500%, doing business with the US is out of the question right now. It will very badly affect exporters in textiles, engineering goods, pharmaceuticals, toys, and gems and jewellery," Mehta told ANI in an exclusive interview in the national capital. He d
The scheme is jointly implemented by DGFT and the Reserve Bank of India (RBI) and applies to both pre-shipment and post-shipment export credit in rupees. The interest subvention is benchmarked against repo rates of India and comparable economies.
The Directorate General of Foreign Trade (DGFT) has concluded 2025 with a series of strategic policy updates and digital reforms aimed at strengthening India's trade facilitation ecosystem. According to a DGFT press release, the year was marked by the institutionalization of formal consul
The Government of India on Wednesday launched the Market Access Support (MAS) Intervention under the Export Promotion Mission (EPM) to bolster international market access for Indian exporters. According to a Ministry of Commerce & Industry press release, the program aims to improve buyer con
The government today notified the first set of guidelines under its newly conceived export promotion mission, with an initial focus on market access initiatives, a senior government official from the ministry of commerce said, outlining a wide-ranging framework aimed at easing trade finance
India is working on creating an index to evaluate exporters performance based on their Importer Exporter Codes (IECs), tracking performance over a five-year period, Director General of Foreign Trade (DGFT) Ajay Bhadoo said on Wednesday, as the government sharpens its focus on data-driven exp
Indian steel and aluminium exporters are likely to face sharp pricing pressure in the European market from January 1, 2026, as every shipment entering the European Union will carry a carbon cost under the Carbon Border Adjustment Mechanism (CBAM), according to a report by Global Trade Res
Bengaluru (Karnataka) [India], December 24: For decades, Indian exporters have quietly absorbed high foreign exchange (FX) costs as an unavoidable part of global trade. While Indian products, services, and talent became globally competitive, the infrastructure supporting cross-border payment
New Zealand Prime Minister Christopher Luxon on Tuesday hailed the Free Trade Agreement with India, calling it an "excellent" deal amid potential gains for the country's exporters.
Industry leaders said the agreement reinforces India's proactive trade strategy, enhances market access for Indian exporters and is expected to catalyse bilateral growth across sectors ranging from energy and minerals to technology, green energy and agriculture, while also strengthening long
Srinagar (Jammu & Kashmir) [India], December 17: Sarveshwar Foods Limited's (SARVESHWAR | BSE: 543688 | INE324X01026), one of India's leading Basmati rice processors and exporters, today announced that it has received In-Principle Approval from the Jammu & Kashmir Horticulture Produce Market
Panipat (Haryana) [India], December 15: The second workshop under the EU Green Deal Awareness Series, organised as part of the SWITCH-Asia Green Threads Project, concluded successfully at Days Hotel, Panipat. The session brought together MSMEs from Panipat and Amroha for an in-depth understa