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Commerce Minister Goyal unveils trade connect ePlatform to boost MSME exports
Functioning as an intermediary platform, the Trade Connect ePlatform will facilitate connections between Indian exporters, entrepreneurs, and various international trade stakeholders, as explained by a senior official.Read more
RoDTEP Scheme Extended to E-Commerce Exports for Boost in Trade Benefits
Implemented three years ago, the RoDTEP scheme involves refunding non-creditable central, state, and local levies embedded in the inputs paid by exporters.Read more
Tesla's Cybertruck launch sparks optimism for Indian auto component market
Although the US and Canada dominate 54% of the global pickup truck market, initial reports suggest that Tesla's new offering could secure nearly 7% market share in its first year.Read more
Commerce minister extends investment invitation to Nordic-Baltic region, key market for exports
Addressing the CII India Nordic-Baltic Business Conclave 2023 in New Delhi, Goyal highlighted remarkable export growth rates to Finland and Norway.Read more
Tesla turns to Made In India parts, diversifies suppliers from China
Key players in this supply chain include Sona Comstar, the largest Indian supplier for Tesla, along with Graziano Trasmissioni India (a DANA group company), Tata AutoComp Systems, CISWW Engineering India, and Bharat Forge.Read more
Piyush Goyal urges Indian industries to transform India into Global Manufacturing Hub
The discussions took place on 12 sectors, including textiles, capital goods, defence, aerospace, space, metals, leather, mining, energy, food processing, chemicals, medical devices, and drones.Read more
IPF’s 3i EXPO webinar discusses shop floors of the future
Industrial Products Finder (IPF) hosted a virtual panel discussion on the topic of Shopfloor of the Future' as part of the 3i EXPO 2023 webinar series. The session discussed the changing shopfloor of manufacturing sector leading to change in operations and investments of the companies in the coming future.Read more
ONDC will democratise and revolutionise digital commerce in India
In this interview with Rakesh Rao, T Koshy, MD & CEO, Open Network for Digital Commerce (ONDC), elaborates on the roadmap for ONDC and how it will change the digital commerce landscape in India (and probably globally).Read more
India’s merchandise exports cross $400 bn; Engg goods exports up 50%
Export of cotton yarn/fabrics/made-ups, handloom products etc, gems and jewellery, other cereals and man-made yarn/fabrics./made-up etc. have registered a growth rate between 50%-60%.Read more
GeM and Indian Railways integration to generate Rs 500 bn opportunity for MSMEs
According to Piyush Goyal, after the integration of Government e-Marketplace (GeM) portal with Railways, there will be Rs 500 billion worth of annual procurement from MSMEs.Read more
