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RBI extends Interest Subvention Scheme till Sept 30

This timely extension will provide competitive rates for exports and bring it near international benchmarks particularly for MSMEs.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

RoDTEP rates for export promotion scheme expected to be notified soon

The remission rates and guidelines for export items under the new Remission of Duties and Taxes on Exported Products (RoDTEP) scheme are expected to be announced in ten days.Read more

MSME engineering exporters in India want PM intervention on rising steel prices

The engineering exporters in the MSME segment have sought Prime Minister Narendra Modi's intervention on rising steel prices.Read more

FIEO: Gradual opening of key global markets to push exports

The need of the hour is to soon notify the RoDTEP rates to remove uncertainty from the minds of the trade and industry thereby helping in further forging new contracts with the foreigner buyers.Read more

Indian aluminium industry seeks 5% RoDTEP rate for exports

Aluminium exports alone contributed about $ 5 billion to India’s Forex earning in FY-21, i.e. approximately 2% of India’s export basket and have massive potential to double the exports to the tune of $10 billion Forex earning in future, says Aluminium Association of India (AAI).Read more

FIEO lauds export performance starting the new fiscal

Sharad Kumar Saraf, President of FIEO reiterated that the government must look into the key issues such as announcing new FTP after September 2021, release of the necessary funds for RoDTEP & MEIS and clarity on SEIS benefits, softening of freight charges, resolving risky exporters' issues and continuance of seamless refund of IGST.Read more

Ministry of Commerce & Industry unveils Trade Facilitation Mobile App

The app is first-of-its-kind initiative to boost small exporters to obtain faster clearances, certifications and approvals.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

APEDA and NSIC MoU to harness MSME export potential

The MoU also envisages ensuring sustainability and growth of MSMEs by addressing issues such as technology, skill, quality products and market access. Read more

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