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India's exports to EU threatened by green initiatives: Think Tank report

According to the report by the Centre for Energy, Environment, and Water, this impact could account for 43% of India’s exports to the EU, a significant market for India second only to the United States.Read more

Exporters call for enhanced benefits and expansion of RoDTEP Scheme

The Federation of Indian Export Organisations (FIEO), representing exporters, highlights disparities in refund rates. For instance, while aluminum bars and rods receive a RoDTEP refund rate of 2.2%, their value-added counterparts only get 1.2%.Read more

Samsung receives Rs 500 cr incentives under PLI Scheme for increased production

The South Korean electronics manufacturer had submitted a claim under the PLI scheme for large-scale electronics manufacturing, which was introduced in 2020.Read more

VECV targets new export markets and EVs in India, celebrating 15 years

Volvo Eicher Commercial Vehicles (VECV) plans to broaden its footprint in the domains of light and medium-duty as well as heavy-duty trucks and buses.Read more

Asus boosts Make-In-India with key manufacturing shift from China to India

With a market valuation of $15 billion, Asus is aggressively expanding its production operations in India, leveraging the government's PLI scheme.Read more

India triumphs in Global Manufacturing, BCG Study Reveals

A BCG study titled 'Navigating the Transformative Shifts in Global Manufacturing’ revealed a remarkable surge of $23 billion in exports to the US, a staggering 44% increase from 2018 to 2022.Read more

Indian auto component exports at risk amid UAW Strike in the US

Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more

India's August exports decline, trade deficit at $24.16 billion

Imports also saw a decline of 5.23%, reaching $58.64 billion, down from the $61.88 billion recorded in August 2022.Read more

French syrup company, Monin announces Rs 300 cr investment in India

This substantial investment in Monin India Pvt Ltd will be sourced directly from the family-owned French enterprise.Read more

JCB explores hydrogen engines and export growth in India

JCB aims to manufacture electrolysers, devices that split water into hydrogen and oxygen using electricity, to produce hydrogen for testing their zero-emission backhoe loaders.Read more

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