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Amazon to export $5 billion in small-ticket items from India in 2024

Companies such as Walmart are also scaling up their imports from India while decreasing their Chinese procurement.Read more

No PLI proposals for shipping container manufacturing; GOI

The PLI scheme, which was introduced in 2021, supports 14 sectors, including telecommunications, textiles, medical devices, automobiles, and more, with a total budget of Rs 1.97 trillion.Read more

India's imports from ASEAN FTA partners; $187.92 billion in FY24

Exports to Asean countries grew from $37.47 billion in FY19 to $41.21 billion in FY24, marking a 9.96 per cent increase. Read more

FTAs boost Engineering exports; shipments to Russia double

While Russia has become a major trading partner in the last two years largely due to imports of petroleum crude, engineering exports to the country have doubled during April-February this yearRead more

Low voltage AC drive shipments exceed 20 m in 2023

According to the market intelligence specialist, the pace of low voltage (LV) AC drive market growth slowed last year and is expected to continue to do so in 2024, with steady growth returning to the global drives market in 2025.Read more

India introduces new import authorisation system for Laptops and Tablets

The new "import management system" will be implemented from November 1. Companies are required to register the quantity and value of imports, but the government will not deny any import requests.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

Coronavirus disrupts forging and auto component industries in India

The association also observed that the commercial, passenger and the two wheeler segments will be severely affected.Read more

TANAKA begins shipments of SJeva, a newly-developed, high-quality Au deposition material

Tanaka Holdings Co., Ltd., announces the start of sample shipments of SJeva, a newly-developed, high-quality Au deposition material, by Tanaka Kikinzoku Kogyo K.K. Tanaka Kikinzoku Kogyo conducts industrial business within the Tanaka precious metals.Read more

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