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Gandhi Automations recognised as Star Export House by Govt of India
By exporting their products to more than 30 countries, Gandhi Automations is actively contributing to India’s growth through foreign exchange. It has been consistently delivering the best-in-class entrance automation products and loading bay equipment globally.Read more
HPL Electric launches 3 switchgear products at Renewable Energy India Expo
Three new switchgear products - DC Switch Disconnector up to 1500V DC and 800V AC in 2 3 & 4 Pole configurations - were unveiled by Bhagwanth Khuba, Minister of State, New and Renewable Energy, Chemicals and Fertilizers, Government of India Read more
Seize the export opportunity
The Government of India has set an ambitious target of reaching $ 400 billion in exports for the current year. With India achieving nearly a third of its annual target in the first four months of 2021-22, $ 400 billion seems to be within the reach. Read more
FIEO: Growth in exports shows resilience & strength of India
FIEO also held that the need of the hour is to soon notify the Remission of Duties and Taxes on Export Products (RoDTEP) rates to remove uncertainty.Read more
RBI extends Interest Subvention Scheme till Sept 30
This timely extension will provide competitive rates for exports and bring it near international benchmarks particularly for MSMEs.Read more
India’s export of engineering goods crosses $8 bn mark in May 2021
May 2021 witnessed YoY growth for engineering goods and the US topped as India's export destination at $1,022 million. Shipments to China continued to decline and fell sharply by 35% to $444.65 million, says EEPC India.Read more
RoDTEP rates for export promotion scheme expected to be notified soon
The remission rates and guidelines for export items under the new Remission of Duties and Taxes on Exported Products (RoDTEP) scheme are expected to be announced in ten days.Read more
MSME engineering exporters in India want PM intervention on rising steel prices
The engineering exporters in the MSME segment have sought Prime Minister Narendra Modi's intervention on rising steel prices.Read more
FIEO: Gradual opening of key global markets to push exports
The need of the hour is to soon notify the RoDTEP rates to remove uncertainty from the minds of the trade and industry thereby helping in further forging new contracts with the foreigner buyers.Read more
Indian aluminium industry seeks 5% RoDTEP rate for exports
Aluminium exports alone contributed about $ 5 billion to India’s Forex earning in FY-21, i.e. approximately 2% of India’s export basket and have massive potential to double the exports to the tune of $10 billion Forex earning in future, says Aluminium Association of India (AAI).Read more