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Crossing the $2 trn export barrier

The Government of India has set a target of tripling annual exports to $2 trillion within five years to boost economic growth, increase the contribution of manufacturing sector to GDP and create jobs for the country's youth.Read more

K U Sodalamuthu receives award from Engineering Export Promotion Council

K S Balamurugan, MD of K U Sodalamuthu, received the award from Basavaraj Bommai, Karnataka Chief Minister, at a recently held function in Bengaluru.Read more

Scaling up MSME exports

With all the policy stimulus and rapidly changing geo-political scenario, the share of MSMEs in India's export kitty is expected to scale up manifold in the coming years.Read more

India’s $1-trillion manufacturing export opportunity

India is on the cusp of structural shifts in the manufacturing sector. Driven by growth in priority sectors and propelled by favourable megatrends in manufacturing, India is expected to scale up its manufacturing exports to $1 trillion by FY28, says a Bain & Company report.Read more

Rising material & oil prices are affecting machine tools industry

Mastercam creates software and services that solve the world’s manufacturing challenges. During an interview with IPF, Vineet Seth, Managing Director – South Asia & Middle East, Mastercam APAC, spoke thoroughly about the impact of declining auto sales & shift towards electric vehicles on the machine tools industry and the ways to mitigate it.Read more

DEP bags second place in EPC awards

The award criteria were based on the organisation's yearly turnover accounting their exports.Read more

All set to scale new heights

India’s merchandise exports crossed $ 400 billion (approximately Rs 30.44 trillion) on March 21, 2022 (10 days ahead of the closure of FY2021-22), according to Piyush Goyal, Union Minister of Commerce and Industry.Read more

India’s merchandise exports cross $400 bn; Engg goods exports up 50%

Export of cotton yarn/fabrics/made-ups, handloom products etc, gems and jewellery, other cereals and man-made yarn/fabrics./made-up etc. have registered a growth rate between 50%-60%.Read more

German machinery exports reach pre-Covid level

Despite many disruptions in the supply chains, machinery and plant manufacturers from Germany were able to significantly increase their exports last year.Read more

Govt selects 4 bidders for PLI scheme for ACC battery storage

The government expects direct investment of around Rs 45,000 crore in Advanced Chemistry Cell (ACC) battery storage manufacturing projects.Read more

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