India’s export slump a worry as peers outshine

India’s exports shrank 17.84 per cent during the seven month period between April and November this year,  triggering serious concerns as exports from most Asian countries have in contrast to India been rising. Vietnam’s exports grew by 12 per cent in the last three months, while China saw exports by over 11 per cent in.

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APEDA formulating strategy to promote export of millets

Commerce ministry arm APEDA is formulating a strategy with the Indian Institute of Millets Research (IIMR) and other stakeholders to promote export of millets and its products, an official statement said on Thursday. “APEDA (Agricultural and Processed Food Products Export Development Authority) is preparing a perspective action plan for increasing export of millet and millet.

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Exports dip 17.84% in April-November this fiscal: Commerce secretary

The country’s exports declined by 17.84 per cent during April-November this fiscal while imports contracted by 33.56 per cent in the same period, commerce secretary Anup Wadhawan said on Wednesday. He said that the trade deficit has come down. “In 2020-21, April to November, there has been a decline of 17.84 per cent in our.

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India’s exports fell 9% in Nov, in second straight month of decline

India’s exports reduced by 9.07 per cent in November, in a second straight month of decline, as major markets continued to be impacted by Covid-19. The outbound shipment in November this year stood at $23.43 billion, against $25.77 billion in the same month a year earlier, official data showed today. In October, the country’s exports.

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Govt invites proposals to set up Export Promotion Council for Technical Textiles

The government has invited proposals from exporter associations and trade bodies for setting up a dedicated Export Promotion Council for Technical Textiles. The Cabinet Committee on Economic Affairs in its meeting held on February 26, 2020 had approved the constitution of a dedicated Export Promotion Council (EPC) for Technical Textiles. Therefore, it has been decided that.

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India does not need to import from China: Nitin Gadkari

Highlighting the role of MSMEs in enhancing exports and helping the country achieve self-reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China. “Already in automobile sector, in many sectors now, in agriculture, automobiles, everywhere, we have already found the solutions. Now we don’t need to import from China,”.

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Covid-19 goods exports from India to rise: Drip Capital report

COVID-19 pandemic might have wrecked the global economy but on a positive side it has unlocked new opportunities in exports for Indian businesses, creating growth and new markets in multiple product categories, Drip Capital, a trade finance company which provides working capital for such businesses said in a report. As per this report items like.

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