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Dixon Technologies signs MoU with Acerpure for consumer appliance manufacturing
Acerpure is involved in the trade, import, and export of consumer durables, home appliances, peripherals, accessories, components, parts, and related services.Read more
India's domestic manufacturing; catalyst for global influence & competition
Bilateral trade between India and China recorded significant growth. Read more
India exports medical consumables & disposables worth $1.6 billion in FY 2022-23
India became a net exporter of medical consumables and disposables in fiscal year 2022-23, exporting $1.6 billion worth while importing $1.1 billion, marking a reversal in a longstanding trend.Read more
India: Leading global manufacturing
On April 11, 2024, the Asian Development Bank (ADB) - following the International Monetary Fund (IMF), World Bank, and Moody’s - raised India’s GDP growth forecast for 2024-25 to 7 per cent from the 6.7 per cent projected in December 2023Read more
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
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
Acer, Asustek boost manufacturing operations in India amidst stricter import rules
Acer and Asustek, have unveiled their intentions to amplify manufacturing operations in India.Read more
GTRI urges govt to maintain import duties on smartphone components
The think tank suggested that maintaining the current import tariffs, ranging from 7.5 to 10% on imported smartphone parts, is essential for balancing industry growth and ensuring long-term development.Read more
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