Indian Export

The Budget proposals for Customs Duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation, while keeping the interest of the general public and consumers surmount, said Union Minister of Finance and Corporate Affairs Nirmala Sitharaman in her Budget speech in Parliament today. New Customs Duty rates are proposed ...

The Plastics Export Promotion Council (Plexconcil) has announced a strategic partnership with Dun & Bradstreet Information Services India, a global B2B data provider. The collaboration aims to establish an ecosystem that promotes the growth of the micro, small, and medium enterprises (MSME) sector in India. The objective ...

In a recent development, Santosh Sarangi, the Director General of Foreign Trade (DGFT), has announced the signing of a memorandum of understanding (MoU) with Amazon to bolster e-commerce exports originating from India. Sarangi revealed ongoing discussions with retail giants Walmart and Flipkart for similar agreements, aimed at propelling e-commerce exports from approximately 100 ...

India's e-commerce export, presently valued at USD 1 billion per year, is expected to surge to USD 200 billion within the next six to seven years, Santosh Kumar Sarangi, Additional Secretary & Directorate General of Foreign Trade (DGFT) said on Friday. Sarangi emphasized that this projected growth in e-commerce exports plays a crucial ...

India's exports recorded a 6.21 per cent increase, reaching USD 33.57 billion in October this year compared to USD 31.6 billion in the same period last year, according to the Ministry of Commerce and Industry. On the other hand, imports also experienced an uptick, totaling USD 65.03 billion for the month, ...