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Lazard report suggests India is on track on becoming a global manufacturing hub

Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more

Budget 24-25: Customs duty reforms will help manufacturing and promote exports

New customs duty rates are proposed for commodities from lifesaving medicines to rare earth minerals.Read more

DGTR launches inquiry for dumping of Chinese guard rails following complaints

If the investigation confirms that dumping has harmed domestic manufacturers, the DGTR will recommend imposing anti-dumping duties on these imports. Read more

India needs to tackle Chinese and other steel imports; Ranjan Dhar, AMNS India

India is already a net importer of steel for FY24 and two months into FY25, with exports continuing to decrease in the face of rising Chinese imports.Read more

China accounts for 50% of Japan's semiconductor exports

The value of these exports to China jumped 82% in the March quarter to ¥521.2 billion, the highest figure in data going back to 2007.Read more

Vietnamese steel, shoes & other imports get stuck in India’s quality check

India's increasing focus on the quality of imports also works as a non-tariff barrier to restrict the inflow of cheap and substandard quality products.Read more

India’s automotive tyre manufacturing sufficient- imports unnecessary: ATMA

The Indian tyre industry is fast converging with the world on several counts. Read more

India's imports from ASEAN FTA partners; $187.92 billion in FY24

Exports to Asean countries grew from $37.47 billion in FY19 to $41.21 billion in FY24, marking a 9.96 per cent increase. 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

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

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