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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

China's rare earth export ban sparks global race for alternative technologies

Rare earths, a set of 17 metals essential for manufacturing magnets used in electric vehicles, wind turbines, and electronics, are at the centre of this geopolitical struggle.Read more

Indian engineering exports decline 3% in November, industry optimistic for recovery

Arun Kumar Garodia, Chairman of EEPC India, noted a positive growth trend in the sector from August to October after a first-half slump in 2023, instilling hope for a continued upward trajectory.Read more

India's 2023 exports decline 5.3%, electronics shines amid challenges

According to the Global Trade Research Initiative (GTRI), India's merchandise exports are projected to decrease to $429 billion in 2023 from $453 billion in 2022, representing a 5.3% fall.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

BCIC advocates manufacturing growth for India's export ambitions

Bangalore Chamber of Industry and Commerce (BCIC) asserted that India's manufacturing sector must increase its contribution to the country's GDP from 16.5% to 20% to achieve the ambitious export target of $8.3 trillion by 2047.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 navigates green steel transition amidst European scrutiny

This move is anticipated to impact Indian steel exporters, particularly those reliant on environmentally damaging coking coal for furnace operation.Read more

International Hardware Fair 2023, pioneers new era in global hardware dynamics

The much-anticipated International Hardware Fair India (IHF India) made a grand entry at Pragati Maidan, New Delhi, ushering in a new era for the hardware industry in India.Read more

India's exports surge, outpacing Asian Peers in Oct 2023: ICICI Securities report

Analysts and economists Prasenjit Basu and Laavanya Sisaudia from ICICI Securities anticipate a further acceleration in India's merchandise exports throughout the remaining fiscal year 2024.Read more

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