Search For "imports"
PLI scheme to bring in estimated investment worth Rs 2 lakh crore: Piyush
Updated : 1 year, 6 months ago IST
As part of its Atmanirbhar and Make in India plan, the government launched production incentive (PLI) schemes in 14 sectors in 2020, to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply chain and reduce dependency
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Govt may save over Rs 60,000 crore on Crude imports this fiscal: Experts
Updated : 1 year, 6 months ago IST
With the softening of crude prices in the international market, it is estimated that the government may save up to Rs 60,000 crore on crude imports this fiscal as compared to last year.
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Bharat Coking coal's strategic move boosts domestic coking coal consumptio
Updated : 1 year, 6 months ago IST
Under the "Mission Coking Coal" initiative, part of the Aatmanirbhar Bharat vision, BCCL has implemented key reforms in its auction processes, aimed at increasing the use of domestic coking coal and reducing the strain on India's foreign reserves caused by coal imports.
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Ten years of 'Make in India', manufacturing jobs grew by 200 pc in last 2
Updated : 1 year, 6 months ago IST
On completing 10 years of the 'Make in India' initiative, Union Commerce and Industry minister Piyush Goyal highlighted that after the launch of the initiative the imports of mobiles declined by around 85 per cent.
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High Gold imports has driven India's trade deficit to 10-month high in Aug
Updated : 1 year, 6 months ago IST
The surge in trade deficit in the month of August was primarily driven by record gold imports totalling USD 10.1 billion, said a report by Emkay.
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Gold Imports Surge during April-August 2024, while exports of Gems and jew
Updated : 1 year, 6 months ago IST
India's export of gems and jewellery declined to USD 11.10 billion in April-August 2024, compared to USD 12.43 billion during the same period in 2023. This dip comes even as the domestic demand for jewellery remains strong, driven by rising gold imports and changing consumer buying patterns.
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In August, India's exports decline 2.4%, imports rise 3.5%; trade deficit
Updated : 1 year, 6 months ago IST
India's overall exports, merchandise and services combined, in August were to the tune of USD 65.4 billion, a dip of 2.4 per cent on a yearly basis, Commerce Ministry data showed on Tuesday. Same month last year it was USD 67.0 billion.
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India extends duty-free import of yellow peas till December 2024
Updated : 1 year, 6 months ago IST
India has extended the timeline for duty-free imports of yellow peas by two more months until December 2024, according to an official notification from DGFT.
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China's export push is backfiring amid global pushback as countries raise
Updated : 1 year, 6 months ago IST
Today, Chinese products dominate global markets, and the label "Made in China" is everywhere. However, as China continues to push its exports, countries like the US, the EU, and Canada have started raising tariffs on Chinese items, including steel, aluminium, solar panels, and low-cost retai
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Over 17 lakh oil palm saplings planted in a plantation drive under Nationa
Updated : 1 year, 6 months ago IST
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.
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China's cheap exports to Thai market cause problems for local manufacturer
Updated : 1 year, 6 months ago IST
A "tsunami" of cheap Chinese imports to the Thai market is impacting local businesses, causing them to lose market share due to the price competitiveness of Chinese goods, potentially leading to factory closures and economic strain within the Thai manufacturing sector.
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Jayesh Saini Transforms Kenya's Pharma Industry with Dinlas Pharma
Updated : 1 year, 7 months ago IST
Kenya [East Africa], August 29: As part of Kenya's Big 4 Agenda, local manufacturing stands as a crucial pillar for achieving sustainable economic growth. This vision is being actualized through initiatives that promote self-reliance and reduce dependency on imports. A shining example of thi
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