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India's Long-Term Foreign Investment Outlook Strong despite Recent Dip: DPIIT secretary
Rajesh Kumar Singh, the secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), emphasised that ongoing geopolitical conflicts and economic challenges in advanced economies would not significantly impact foreign direct investment (FDI) flows to India.Read more
India seeks to justify RoDTEP reimbursements amid US countervailing duties
This initiative follows the recent imposition by Washington of countervailing or anti-subsidy duties on certain Indian products in response to the RoDTEP scheme implemented for outgoing shipments in January 2021.Read more
India's Trade Deficit Narrows to $20.58 bn in November, Imports Drop 4.3%
Conversely, exports experienced a more modest contraction of 2.8%, reaching $33.90 billion, down from $34.89 billion in the corresponding period last year.Read more
Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors
It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more
Turkey tightens grip on Chinese EV imports with stringent regulations
The Turkish Trade Ministry recently issued a decree stating that companies importing electric vehicles (EVs) must have a minimum of 140 authorised service stations evenly distributed across the country.Read more
India-Oman free trade agreement set to boost exports, fuelling economic growth
The report, titled "India-OMAN CEPA: Gateway to Middle Eastern Markets and Beyond," by the Global Trade Reproach Initiative (GTRI), outlines the potential impact of the agreement.Read more
India reviews 13-year trade pact with ASEAN amidst surge in imports
The surge in imports primarily originated from countries such as Singapore, Thailand, Indonesia, Malaysia, Vietnam, and the Philippines.Read more
15 countries participates at CII EXCON at BIEC, Bengaluru
The Government of Karnataka is the Host State for EXCON 2023. The Ministry of Road Transport & Highways, The Ministry of Heavy Industries, Government of India and the National Highways Authority of India (NHAI) are supporting partners to the event. Read more
CASE unveils Bharat Stage V compliant loader backhoes, compactors at EXCON 2023
Company upgrades its entire loader backhoe range with the safest operator cabin compliant to ROPS & FOPS standards, and 22 unique features.Read more
Wolffkran presents High-speed positioning assistance system
High-Speed-Positioning-System (HiSPS) enables loads on the crane hook to be moved virtually sway-free and positioned with millimetre precision.Read more