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India's exports may hit $ 450B in 2024 amidst Red Sea mishap, says Ashwani Kumar

The main drivers of merchandise export growth in February include engineering goods, electronic goods, organic and inorganic chemicals, drugs and pharmaceuticals, and petroleum productsRead more

Will exports turn positive amid Red Sea crisis?

Armed conflict in the Red Sea is affecting the global trade as the movement of goods has been hindered by the conflict since November last yearRead more

India's Smartphone exports to US reach $3.53 billion in Apr-Dec fiscal

The rise in exports have resulted in India becoming the third-largest smartphone exporter to the USRead more

Toy giants shift focus from China to India, exports surge 239%

According to a report by market research firm IMARC, the toy industry in India was valued at $1.7 billion in 2023 and is expected to reach $4.4 billion by 2032, exhibiting a growth rate of 10.6 per centRead more

Niti Aayog introduce plan to enhance MSME sector exports

The Indian government recently initiated the development of two defence industrial corridors, located in Uttar Pradesh and Tamil NaduRead more

Apple and Samsung front runners to boost India’s mobile phone exports

India’s mobile phone exports are expected to cross Rs 1.2 trillion at the end of this financial yearRead more

Munitions India has orders worth Rs. 6,000 crore to supply over next 3 years

India Defence Export tops 20,000 crore in 2023-24. MIL achieved a turnover of Rs. 4,200 crore in 2022-23Read more

India eyes Rs 3 trillion defence production by 2028-29

The Ministry of Defence was allocated Rs 6.21 trillion in the Union Budget 2024-25, which is the highest among the Ministries.Read more

India's electronics exports soar over 22%, fuelled by iPhone Surge and Production Incentives

Between April and December 2023, mobile phone exports constituted 52% of the total electronics exports, reaching $10.5 billion.Read more

Govt's PLI Scheme Spurs Rs 1.03 tn investment, exceeds Rs 3.20 tn in exports

As of now, companies participating in the scheme have received incentive disbursements totaling Rs 4,415 crore, compared to the Rs 1,541 crore disbursed by September.Read more

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