Subscribe Now Advertise

Categories

search Result

Seize the export opportunity

The Government of India has set an ambitious target of reaching $ 400 billion in exports for the current year. With India achieving nearly a third of its annual target in the first four months of 2021-22, $ 400 billion seems to be within the reach. Read more

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

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

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

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

High steel prices hammering growth of Indian forging industry: AIFI

Steel is the basic raw material for the forging industry and typically constitutes 60-65% of the ex-factory value of forgings. Association of Indian Forging Industry (AIFI) urges government to ban exports of steel and iron ore for the next six to eight months.Read more

For the first time India’s auto component exports exceed imports

The industry clocks turnover of Rs 1.19 trillion ($ 15.9 billion) in the first half of 2020-21 (April-September 2020) registering a de-growth of 34%, as per the data released by Automotive Component Manufacturers Association of India (ACMA).Read more

October exports show degrowth of 5.4 per cent due to supply challenges: FIEO

FIEO also observed that the current industry is also showing signs of revival as both order booking position and Manufacturing PMI have risen.Read more

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016