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Plexconnect 2023 foresees 380 international buyers from over 63 countries

The international plastic event, Plexconnect 2023 is happening from June 15 to 17, 2023 at Bombay Exhibition Centre (NESCO), Mumbai. The event organised by Plastics Exports Promotion Council of India (Plexconcil) anticipates buyers from countries such as 63 countries Kyrgystan, Uzbekistan, Korea, Brazil, Israel, and Indonesia.Read more

Modern Automotives to export Differential Pinion Shafts to BMW, Murich

Modern Automotives Ltd is going to supply 2.5 million units of Differential Pinion Shaft valued at approximately Rs 150 crore by 2034 to BMW in Murich for Electric Vehicle Powertrain. With this order the company becomes first in India to deliver this product overseas. Read more

India: The beacon of growth

India’s exports - estimated at $ 767 billion - for FY 2022-23 recorded a rise of 14.5 per cent over FY22’s $ 669.65 billion.Read more

Why India is the next big thing in manufacturing

With record exports last year and consistent high GDP growth, India has emerged as a leading investment option for international investors offering a big domestic market with potential to become a major global manufacturing hub. Clearly, India is a market to be in – currently and in the future, says Rakesh Rao.Read more

India’s new Foreign Trade Policy 2023 aims to take exports to $ 2 trn by 2030

Four pillars of FTP 2023 are incentive to remission, export promotion through collaboration, ease of doing business and emerging areas. India's overall export - including services and merchandise exports - is expected to cross $ 760 billion this year (FY23).Read more

India will end up with a good engineering exports figure in FY23

In this interview, Arun Kumar Garodia, Chairman, EEPC India, elaborates on the prevailing global merchandise trade business and growth prospects for Indian engineering goods sector.Read more

Ushering another era of growth in plastics processing

The plastics industry has consistently expanded in India increasing the amount and type of plastic produced. By focusing on sustainable manufacturing, India’s plastics processing industry can not only contribute immensely to environmental protection, but also create a healthy ecosystem for business growth and employment, says Sribash Dasmohapatra.Read more

Askar Microns plans to double production, eyes exports

Manufacturer of CNC machine tools for the past 27 years, Askar Microns is looking to capitalise on the growing machine tools market. At IMTEX 2023, it introduced two 45-degree slant bed designed machine tools.Read more

Vayana TradeXchange hosts roadshow in Gujarat for exporters

The event was organised in association with International Financial Services Centres Authority (IFSCA) and saw participation of various export promotion councils, banks, factoring & insurance companies, exporters/importers, MSMEs, officials from trade credit insurance companies, etc.Read more

Removal of export duties to strengthen steel sector: Jyotiraditya Scindia

PLI Scheme for specialty steel will result in an investment of close to Rs 46,020 crore and increase in capacity of almost 26 million tonnes, said Union Minister Jyotiraditya Scindia at the Indian Steel Association (ISA) conclave in New Delhi.Read more

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