In a significant shift in the country's energy landscape, the Ministry of Coal is spearheading a transformative initiative to reduce coal imports and promote coal exports aimed at enhancing domestic coal production, bolstering energy security, and supporting the growth of the coal sector.
In a significant move to bolster India's agricultural export and import capabilities, the Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal approves the Jawaharlal Nehru Port Authority (JNPA)'s project of 'Development of Export-Import cum Domestic Agricultural Commodity-Ba
The reduction in duty rates on mobile phones and gold-silver imports is expected to significantly boost India's exports, according to CBIC Chairman Sanjay Kumar Agarwal.
Sitharaman said, "With a three fold increase in the domestic production and almost a 100-fold jump in exports of mobile phones over the last 6 years, the Indian mobile industry has matured. In the interest of consumers I now propose to reduce the Basic Customs Duty (BCD) on mobile phones,
From USD 14.39 million in 2019-20, exports from Gujarat to Bhutan have climbed to USD 21.98 million in 2023-24, reflecting a remarkable 52 per cent growth over the past five years.
The services export post-pandemic times have maintained a steady momentum and accounted for 44 per cent of India's total exports in FY24 the survey notes. India ranked fifth in services exports, with other countries being the European Union (excluding intra-EU trade), the United States, the
The Indian exports have been growing since financial year (FY) 2017 with the exception of slow down observed in FY 2020, the economic survey of 2023-24 revealed on Monday which was tabled in the parliament ahead of the union budget.
Gujarat exported 689.5 metric tonnes of mangoes in 2023-24, according to data from the Gujarat Agro Industries Corporation (GAIC). From 2019-20 to 2023-24, the state has exported over 2,500 metric tonnes of mangoes.
Agricultural exports in April-June 2024 dropped by 3 per cent due to the Red Sea crisis. According to the Agricultural and Processed Food Products Export Development Authority (APEDA), agri exports during this period were USD 5886.81 million, compared to USD 6083.83 million a year ago.
Pakistan's Commerce Ministry is intending to double its exports to USD 60 billion within the next three years, however, the data does not showcase any such growth prospects in the country.
Adopting more flexible policies and addressing existing challenges in customs, payments, and logistics will help Indian exports meet the target of USD 200-300 billion in e-commerce export by 2030, says a report released by EY in association with ASSOCHAM.
New Delhi [India], July 18: Synergy Steels, India's fourth-largest stainless-steel producer, welcomes the robust growth forecast projected for the global stainless-steel industry in 2024. Anticipating a 4.4% increase in global production to reach 60.53 million tons, this surge holds signific