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October exports show degrowth of 5.4 per cent due to supply challenges: FIEO
FIEO also observed that the current industry is also showing signs of revival as both order booking position and Manufacturing PMI have risen.Read more
Despite decline in exports FIEO predicts move towards normalcy
14 out of the 30 major product groups were in positive territory during August 2020. Saraf added that the exports during the month for emergency and essential items apart from some labour-intensive sectors.Read more
IEEMA to host virtual expo Digielec Bharat for electrical industry in Sept
Indian Electrical & Electronics Manufacturers’ & Association (IEEMA) wants to promote exports and position India’s indigenous electrical industry as an alternative to China through Digielec Bharat, which will be held virtually from Sept 24-27, 2020Read more
IEEMA aims for $ 25 bn electrical & electronics exports by 2024-25: R K Chugh
After June 15, 2020, the Government took many steps to curb imports of electrical and electronics (E&E) products from China into India. In this interview with Rakesh Rao, R K Chugh, President of IEEMA, explains the benefits of these steps and road ahead for the industry.Read more
Government caps MEIS benefits to Rs 2 crores
The government has announced discontinuation of MEIS as a new WTO-compliant scheme, the Remission of Duties or Taxes On Export Product (RoDTEP) which will replace starting 1 January, 2021. Read more
Schmersal India expands export oriented unit at Ranjangaon in Pune
Export Oriented Unit combines German products, Indian craftsmanship, high quality and competitive prices and contributes to the economic success.Read more
Machine tools expo IMTEX 2021 rescheduled to June 17-23 due to COVID 19 pandemic
ToolTech - a trade fair for parts, accessories and systems for machine tools and manufacturing technology - and “Digital Manufacturing†will also be hosted along with IMTEX 2021, organised by the Indian Machine Tool Manufacturers' Association (IMTMA)Read more
Incentivise manufacturing services in SEZs to boost exports
About 90% of the manufacturing units in global supply chain are manufacturing service providers. Manufacturing services can be incentivised by providing them with SEIS benefits as they are WTO compliant, says Tamil Nadu Association of SEZ Infrastructure DevelopersRead more
Steel exporters to tap demand in China
Apart from China, the EU and CIS nations are also being tapped by the steel exporters.Read more
Slump in steel production hits Indian refractories
Currently, government safety norms , stalled material, and lower demand is causing worry for refractory makers.Read more