Kachch (Gujarat) [India], May 23 (ANI/NewsVoir): In 2022, the Indian edible oil market grew by 24.3 million tonnes. Projections indicate continued growth with a 5.1 percent volume growth in 2024. The average volume per person in the Edible Oils segment is expected to reach 4.47 kg in 2023. T
The additional secretary said that the industry is worth around Rs 82,000 crore and the exports were valued at around Rs 42,000 crore. According to Rajiv Singh Thakur, India contributes 2.65 per cent to the global export in the sector.
India's overall exports in the just concluded financial year 2022-2023 were worth USD 775.87 billion, a growth of over 14 per cent and almost USD 100 billion more than last year's figures, official data released by commerce ministry showed on Monday. In 2021-22, the overall exports were at U
China's imports contracted sharply in April by 7.9 per cent, while exports grew slower at 8.5 per cent compared to 14.8 per cent in March. Consumer prices rose at the slowest pace in more than two years in April, while factory gate deflation, prices offered by China's industrial wholesalers,
In 2022, over half of the EU's high-tech imports from non-EU countries came from China (38 per cent; Euro 183 billion) and the United States (19 per cent; Euro91 billion), with other top partners being Switzerland (six per cent; Euro 30 billion), Taiwan (five per cent; Euro 23 billion) and t
China's imports contracted 7.9 per cent in April while exports rose at a slower pace of 5.8 per cent, official data showed, reinforcing signs of feeble domestic demand despite the lifting of Covid curbs.
Cisco, a global technology leader, announced it will start manufacturing in India, a major step in the expansion of its footprint in the country. It aims to drive more than USD 1 billion in combined domestic production and exports in the coming years.
In 2022, the bilateral trade between the two countries consisted of imports valued at AED 25.2 billion, while exports and re-exports were valued at approximately AED 4.2 billion.
In a significant move to promote reforms and bring ease of doing business, the Department of Defence Production has waived off Quality Assurance (QA) charges levied by the QA agencies under its administrative control for the stores meant for exports.
IOL Chemicals and Pharmaceuticals has received the European Directorate for the Quality of Medicines and HealthCare's (EDQM) Certificate of Suitability (CEP) to export paracetamol to the European market.
"The military or the defence attaches will now be deployed in countries where they can mainly help in increasing defence exports of the country including products from both the public sector and the private sector," senior defence officials told ANI here.
"Growth in the next year will likely pick up as investment kickstarts the virtuous circle of job creation, income, productivity, demand, and exports supported by favourable demographics in the medium term," said Rumki Majumdar, Economist, Deloitte India.