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India's trade deficit shrinks significantly in September 2023
The country's goods exports saw a slight decrease of 2.59%, dropping to $34.47 billion from $35.39 billion in September 2022.Read more
Indian Patent Office boosts workforce to address surging Intellectual Property Applications
Indian patent office (IPO) will be hiring 900 more people with a view to enhance manpower for processing the increasing number of intellectual property applications, a top government official said.Read more
India reverses laptop import restrictions amid backlash
The country's trade secretary, Sunil Barthwal, announced the change, stating that the government aims to closely monitor laptop importers.Read more
India's leading solar manufacturers call for trade barriers amidst import influx
India's largest manufacturer of solar modules is urging the government to reintroduce trade barriers to shield it from competition from countries like China and Vietnam.Read more
Indian cold chain market expected to reach Rs 4.3 tn by 2027 with a CAGR of 14.27%
The data revealed during REFCOLD India, 2023, South Asia's leading exhibition and conference dedicated to refrigeration and cold-chain technologies, commenced at the Chennai Trade Centre.Read more
Indian Solar exports skyrocket, fuelled by US market success
Between April and July 2023, India's solar cell and module exports surged to $628.38 million, marking a staggering 1,062% increase from the $54.04 million recorded in the same period of 2022.Read more
Taiwan Machine Tools open platform shines at EMO Hannover 2023
Over 46 international media and 30 global buyers and agents participated in Taiwan's International Press Conference on September 18th to discover the latest developments in Taiwan's global trends.Read more
Israel-Hamas conflict to impact Indian exporters: Report
The conflict serves as a reminder of the uncertainties facing ambitious trade projects like the India-Middle East-Europe Economic Corridor (IMEC), says Container xChange report. Adani Ports, operator of the Haifa Port, has assured stakeholders of operational readiness while closely monitoring the situation.Read more
DPIIT introduces stricter guidelines for PLI Scheme in white goods sector
Under these updated regulations, selected companies must now provide a certificate from a registered cost accountant, confirming related party sales and determining the arm's length price, in order to avail the scheme's benefits.Read more
Taiwan, India strengthen economic ties and supply chain cooperation
In stark contrast to the modest $2 billion recorded in 2006, the current trade volume between the two nations has surged to over $7 billion.Read more