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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

Exporter Status certificates to be issued automatically on available data

Under the new system, introduced during a meeting with Commerce and Industry Minister Piyush Goyal and Export Promotion Councils, exporters no longer need to apply to the Directorate General of Foreign Trade (DGFT) for a Status Certificate.Read more

Indian exporters brace for challenges due to Israel-Hamas conflict

International trade specialists have indicated that this conflict might reduce the profits of Indian exporters temporarily, though trade volumes are unlikely to be impacted unless the war escalates significantly.Read more

Indian Mobile Phone exports soar, nearing $5.5 billion in 2023

During the period between April and August 2023 alone, India exported mobile phones amounting to around $3 billion, equivalent to about Rs 24,850 crore.Read more

India's automotive industry aims for $1 trn export hub by 2035: Arthur D Little report

Barnik Chitran Maitra, the Managing Partner (India & South Asia) at Arthur D Little, highlighted India's capability to become a worldwide centre for automotive design, development, and production, catering to international markets.Read more

India's exports to EU threatened by green initiatives: Think Tank report

According to the report by the Centre for Energy, Environment, and Water, this impact could account for 43% of India’s exports to the EU, a significant market for India second only to the United States.Read more

Exporters call for enhanced benefits and expansion of RoDTEP Scheme

The Federation of Indian Export Organisations (FIEO), representing exporters, highlights disparities in refund rates. For instance, while aluminum bars and rods receive a RoDTEP refund rate of 2.2%, their value-added counterparts only get 1.2%.Read more

Samsung receives Rs 500 cr incentives under PLI Scheme for increased production

The South Korean electronics manufacturer had submitted a claim under the PLI scheme for large-scale electronics manufacturing, which was introduced in 2020.Read more

VECV targets new export markets and EVs in India, celebrating 15 years

Volvo Eicher Commercial Vehicles (VECV) plans to broaden its footprint in the domains of light and medium-duty as well as heavy-duty trucks and buses.Read more

Asus boosts Make-In-India with key manufacturing shift from China to India

With a market valuation of $15 billion, Asus is aggressively expanding its production operations in India, leveraging the government's PLI scheme.Read more

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