Through this initiative, over 6 lakh Importer Exporter Code (IEC) holders, 185 Indian Mission officials, and more than 600 Export Promotion Council members are now connected with the Directorate General of Foreign Trade (DGFT), the Department of Commerce (DoC), and banks.
The investigation began in 2020 when the Tax Authority and the police recruited an undercover agent code named "Jack Sparrow." Posing as a customs inspector, the agent was strategically placed at Ashdod Port, where he began building relationships with importers and customs officials.
India is the world's second-largest consumer and number one vegetable oil importer, and it meets about 60 per cent of its needs through imports. A large part of it is palm oil and its derivatives, which are imported from Indonesia and Malaysia.
New Delhi [India], August 29: The Forum of Indian Food Importers (FIFI) and Sociedad de Fomento Fabril (SOFOFA) have officially signed a Memorandum of Understanding (MOU), marking a significant milestone in the bilateral trade relationship between India and Chile. This pivotal event took pla
New Delhi [India], August 8: 'The Stories of Palm Oil', a five-part documentary series sheds light on the social, economic, industrial and environmental impact of Palm Oil on the world. The series offers a comprehensive view about the production, consumption and sustainability of Palm Oil. A
Published by the US Energy Information Administration (EIA), the report says LNG export capacity expanded primarily in the United States, Mozambique, Russia, Indonesia, Norway, and Oman.
Gurugram (Haryana) [India], July 13: Abacate International, a leading importer of avocados is thrilled to announce the launch of an exciting new campaign aimed in Gurugram.This campaign aims to deliver ripe and ready-to-eat avocados to the bustling city of Gurugram within 10 minutes via Blin
Mumbai (Maharashtra) [India], July 4: The cold chain warehousing sector is experiencing significant growth, driven by increased demand for imported fresh fruits. This demand has been further fuelled by the rising preference for healthy lifestyles, higher incomes, and improved affordability.
ERAM is a significant step towards trade facilitation as the exchange rates of 22 currencies would now be published online in advance for ease of consumption by all importers and exporters, as per CBIC.
India's imports of finished steel reached 8.3 MT in fiscal 2024, marking a substantial 38 per cent increase year-on-year. The primary contributors to this surge in imports were China, South Korea, Japan, and Vietnam. Chinese steel imports alone accounted for 2.7 MT, while South Korea and Jap
In March 2024, the Indian auto industry produced a total of 2,325,959 units, covering Passenger Vehicles, Three-wheelers, Two-wheelers, and Quadricycles.
New Delhi [India], April 26: The Forum of Indian Food Importers (FIFI), convened a significant regulatory session in collaboration with the Department of Animal Husbandry and Dairying (DAHD) and the Food Safety and Standards Authority of India (FSSAI). This initiative came into being on the