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HANNOVER MESSE 2024 to energise a sustainable industry
More than 4,000 companies will demonstrate how automation, digitalization and electrification can enable climate neutrality. Norway is Partner Country at HANNOVER MESSE 2024.Read more
Schaeffler showcases Advanced Fuel Cell, Clutch, Transmission Systems at SIAT Expo 2024
SIAT Expo 2024, from January 23-25, 2024, in Pune themed Transformation Towards Progressive Mobility serves as a premier platform for showcasing the latest advancements in automotive technology.Read more
GTRI urges govt to maintain import duties on smartphone components
The think tank suggested that maintaining the current import tariffs, ranging from 7.5 to 10% on imported smartphone parts, is essential for balancing industry growth and ensuring long-term development.Read more
Govt's PLI Scheme Spurs Rs 1.03 tn investment, exceeds Rs 3.20 tn in exports
As of now, companies participating in the scheme have received incentive disbursements totaling Rs 4,415 crore, compared to the Rs 1,541 crore disbursed by September.Read more
India's medical device imports surge by 21%, sparks calls for policy re-evaluation
The top five HS codes, constituting almost 80% of total imports, witnessed a 26% increase, notably in consumables and equipment (HS code 9018), which saw a 14% rise to approximately Rs 18,700 crore, forming 32% of the import basket.Read more
Commerce Minister Goyal unveils trade connect ePlatform to boost MSME exports
Functioning as an intermediary platform, the Trade Connect ePlatform will facilitate connections between Indian exporters, entrepreneurs, and various international trade stakeholders, as explained by a senior official.Read more
India raises concerns over data privacy in compliance with EU’s CBAM
The CBAM, the world's first system imposing carbon emission tariffs on various imported items, is set to be effective from 2026.Read more
Indian Footwear Industry eyes $90 bn market by 2030 with strategic measures: Report
The current valuation of the Indian footwear market stands at $26 billion, and the GTRI anticipates it reaching $90 billion by 2030.Read more
RoDTEP Scheme Extended to E-Commerce Exports for Boost in Trade Benefits
Implemented three years ago, the RoDTEP scheme involves refunding non-creditable central, state, and local levies embedded in the inputs paid by exporters.Read more
India eyes duty concessions on EVs through bilateral FTAs, ruling out Across-the-Board cuts
The preference for FTAs arises from the challenge of implementing a uniform duty cut for all companies, making bilateral agreements more viable.Read more