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FIEO: Growth in exports shows resilience & strength of India
FIEO also held that the need of the hour is to soon notify the Remission of Duties and Taxes on Export Products (RoDTEP) rates to remove uncertainty.Read more
RBI extends Interest Subvention Scheme till Sept 30
This timely extension will provide competitive rates for exports and bring it near international benchmarks particularly for MSMEs.Read more
India’s export of engineering goods crosses $8 bn mark in May 2021
May 2021 witnessed YoY growth for engineering goods and the US topped as India's export destination at $1,022 million. Shipments to China continued to decline and fell sharply by 35% to $444.65 million, says EEPC India.Read more
RoDTEP rates for export promotion scheme expected to be notified soon
The remission rates and guidelines for export items under the new Remission of Duties and Taxes on Exported Products (RoDTEP) scheme are expected to be announced in ten days.Read more
MSME engineering exporters in India want PM intervention on rising steel prices
The engineering exporters in the MSME segment have sought Prime Minister Narendra Modi's intervention on rising steel prices.Read more
FIEO: Gradual opening of key global markets to push exports
The need of the hour is to soon notify the RoDTEP rates to remove uncertainty from the minds of the trade and industry thereby helping in further forging new contracts with the foreigner buyers.Read more
Indian aluminium industry seeks 5% RoDTEP rate for exports
Aluminium exports alone contributed about $ 5 billion to India’s Forex earning in FY-21, i.e. approximately 2% of India’s export basket and have massive potential to double the exports to the tune of $10 billion Forex earning in future, says Aluminium Association of India (AAI).Read more
FIEO lauds export performance starting the new fiscal
Sharad Kumar Saraf, President of FIEO reiterated that the government must look into the key issues such as announcing new FTP after September 2021, release of the necessary funds for RoDTEP & MEIS and clarity on SEIS benefits, softening of freight charges, resolving risky exporters' issues and continuance of seamless refund of IGST.Read more
Ministry of Commerce & Industry unveils Trade Facilitation Mobile App
The app is first-of-its-kind initiative to boost small exporters to obtain faster clearances, certifications and approvals.Read more
Indian exports went up by 58.23 per cent, the highest ever in a month
Key sectors such as engineering, gems and jewellery and pharmaceuticals recorded healthy growth rate during the month. Read more