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India’s new Foreign Trade Policy 2023 aims to take exports to $ 2 trn by 2030
Four pillars of FTP 2023 are incentive to remission, export promotion through collaboration, ease of doing business and emerging areas. India's overall export - including services and merchandise exports - is expected to cross $ 760 billion this year (FY23).Read more
India’s engineering goods exports up 54% in 9M of 2021-22
Engineering goods sector - which constitutes the largest (more than 27%) share of India’s total exports basket - recorded exports of $ 81.8 billion during April-December 2021 as compared to $ 52.9 billion during the first nine months (9M) of 2019-20.Read more
Unlocking the export challenge
Share of exports of products related to India’s micro, small and medium enterprises (MSME) during the year 2018-19 stood at 48.10 per cent, as per the information from Directorate General of Commercial Intelligence and Statistics. Read more
Amid coronavirus pandemic Foreign Trade Policy extended for one year
Exemption from payment of IGST and Compensation Cess on the imports made under Advance/EPCG Authorisations and by EOUs etc has been extended up to March 31, 2021Read more
National foreign trade directory released by MSME ministry
Giriraj Singh, Minister of State (independent Charge) for Micro, Small & Medium Enterprises(MSME), Government of India & MSME Secretary, Dr. Arun Kumar Panda, released a directory to facilitate the exporters during the recently concluded International SME Convention - 2018Read more