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AiMeD urges govt action to curb soaring Medical Device Import Bill

Despite support from the Department of Pharma in the previous year, the Medical Devices Industry Proposal for Union Budget 2023-24 was overlooked, according to AiMeD.Read more

India's medical device imports surge by 21%, sparks calls for policy re-evaluation

The top five HS codes, constituting almost 80% of total imports, witnessed a 26% increase, notably in consumables and equipment (HS code 9018), which saw a 14% rise to approximately Rs 18,700 crore, forming 32% of the import basket.Read more

Steel Industry urges govt action to stem rising imports in interim budget

The steel ministry is reportedly assessing the feasibility of implementing World Trade Organization (WTO)-compliant policy measures if steel dumping is identified, primarily from China and select Southeast Asian countries.Read more

India implements 5 yrs anti-dumping duties on Chinese imports

These measures were instituted based on the findings of the Directorate General of Trade Remedies (DGTR), an investigative arm of the commerce ministry.Read more

Xiaomi India considers local tablet manufacturing amid IT hardware import restrictions

This initiative aligns with India's Make in India program, aiming to bolster investment and entrepreneurship in the fifth-largest global economy.Read more

India's Trade Deficit Narrows to $20.58 bn in November, Imports Drop 4.3%

Conversely, exports experienced a more modest contraction of 2.8%, reaching $33.90 billion, down from $34.89 billion in the corresponding period last year.Read more

Turkey tightens grip on Chinese EV imports with stringent regulations

The Turkish Trade Ministry recently issued a decree stating that companies importing electric vehicles (EVs) must have a minimum of 140 authorised service stations evenly distributed across the country.Read more

India reviews 13-year trade pact with ASEAN amidst surge in imports

The surge in imports primarily originated from countries such as Singapore, Thailand, Indonesia, Malaysia, Vietnam, and the Philippines.Read more

India considers Chinese imports for Green Hydrogen Boost

The Ministry of New and Renewable Energy (MNRE), a crucial player in the country's decarbonisation efforts, has suggested exemptions for green hydrogen developers.Read more

India navigates green steel transition amidst European scrutiny

This move is anticipated to impact Indian steel exporters, particularly those reliant on environmentally damaging coking coal for furnace operation.Read more

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