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India records 54% jump in engineering goods exports in 9M 2021-22

Thanks to the Zero duty Export Promotion Capital Goods (EPCG) scheme, exports of India’s engineering goods jumped to $ 81.8 billion during April-December 2021 (Provisional) as compared to $ 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%, said the Union Ministry of Commerce & Industry in a press release. Engineering goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period.Read more

India’s engineering goods exports up 54% in 9M of 2021-22

Engineering goods sector - which constitutes the largest (more than 27%) share of India’s total exports basket - recorded exports of $ 81.8 billion during April-December 2021 as compared to $ 52.9 billion during the first nine months (9M) of 2019-20.Read more

PLI scheme to place India firmly in the global manufacturing value chain

PHD Chamber of Commerce and Industry recently held a Virtual Open House Session on the Implications of Production Linked Incentive (PLI) Scheme on India’s Manufacturing and Trade Competitiveness. 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

Government designs a ‘Four Point Plan’ to deal with Suez Canal Blockage

Blockage of Suez Canal since March 23, 2021 is seriously hitting the global trade. This route is used for Indian exports/imports worth US $ 200 Bn to/from North America, South America and Europe. Read more

Government deliberates on strengthening manufacturing ecosystem in India

The Investment Clearance Cell (ICC) is being set up to facilitate and support businesses through a one stop digital platform - the National Single Window System. Read more

Government caps MEIS benefits to Rs 2 crores

The government has announced discontinuation of MEIS as a new WTO-compliant scheme, the Remission of Duties or Taxes On Export Product (RoDTEP) which will replace starting 1 January, 2021. Read more

EEPC displays India’s manufacturing potential at Hannover Messe 2019

The organisation - along with the Ministry of Commerce and Department of Heavy Industry – took various initiatives to reach out to German companies for attracting technology and investment in IndiaRead more

Bengaluru-based HHV bags ‘Star Performer’ award from EEPC India

HHV has received this award for commendable export performance for the fourth consecutive year.Read more

Inefficient logistics impacting competitiveness of Indian products

Minister of State for Commerce & Industry, C R Chaudhary said that India is losing 14% of GDP due to inefficient logistics which impacts the competitiveness of Indian products.Read more

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