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Niti Aayog introduce plan to enhance MSME sector exports
The Indian government recently initiated the development of two defence industrial corridors, located in Uttar Pradesh and Tamil NaduRead more
Apple and Samsung front runners to boost India’s mobile phone exports
India’s mobile phone exports are expected to cross Rs 1.2 trillion at the end of this financial yearRead more
Munitions India has orders worth Rs. 6,000 crore to supply over next 3 years
India Defence Export tops 20,000 crore in 2023-24. MIL achieved a turnover of Rs. 4,200 crore in 2022-23Read more
India eyes Rs 3 trillion defence production by 2028-29
The Ministry of Defence was allocated Rs 6.21 trillion in the Union Budget 2024-25, which is the highest among the Ministries.Read more
India's electronics exports soar over 22%, fuelled by iPhone Surge and Production Incentives
Between April and December 2023, mobile phone exports constituted 52% of the total electronics exports, reaching $10.5 billion.Read more
Govt's PLI Scheme Spurs Rs 1.03 tn investment, exceeds Rs 3.20 tn in exports
As of now, companies participating in the scheme have received incentive disbursements totaling Rs 4,415 crore, compared to the Rs 1,541 crore disbursed by September.Read more
Commerce Minister Goyal unveils trade connect ePlatform to boost MSME exports
Functioning as an intermediary platform, the Trade Connect ePlatform will facilitate connections between Indian exporters, entrepreneurs, and various international trade stakeholders, as explained by a senior official.Read more
Indian auto exports decline 21% in 2023, passenger vehicles buck trend with 5% growth
This downturn was attributed to monetary and geopolitical crises in various overseas markets. The overall exports totalled 42,85,809 units in the last year, down from 52,04,966 units in 2022.Read more
Red Sea crisis threatens India's exports, projected $30 bn decline
The preliminary evaluation, conducted by the New Delhi-based think tank Research and Information System for Developing Countries, implies a 6.7% decline in Indian exports, considering last fiscal year's total of $451 billion.Read more
China surges as top buyer of Indian Iron Ore, driving exports to record levels
Iron ore serves as a crucial feedstock, primarily utilised by China in steel production. Interestingly, India competes with China globally in the market for finished steel products such as hot rolled coils.Read more
