by TEXTILE VALUE CHAIN | May 6, 2024 | Business & Policy, News & Insights
In a recent announcement, the Commerce Ministry disclosed quick estimates of exports and imports for March 2024, shedding light on the overall trade performance. The report also includes a comprehensive analysis of export figures for the fiscal years 2003-04, 2013-14,...
by TEXTILE VALUE CHAIN | May 3, 2024 | Business & Policy, News & Insights
The Union Commerce Ministry is paving the way for India to reach its ambitious target of $1 trillion in merchandise exports by 2030. Anant Swarup, Additional Secretary in the Department of Commerce, revealed that the ministry has kickstarted an initiative to identify...
by TANVI_MUNJAL | Dec 21, 2023 | Business & Policy, News & Insights
The Commerce Ministry of India has launched an exercise to provide support to Indian exporters in maintaining proper documentation for handling countervailing duty cases on domestic products in the United States, according to an official. To achieve this objective,...
by TANVI_MUNJAL | Dec 7, 2023 | Finance & Economy, News & Insights
The Commerce Ministry of India is actively seeking inputs from exporters across various sectors to address non-tariff barriers and complex rules of origin they face in ASEAN nations. The review aims to facilitate an effective revision of the ASEAN-India Free Trade...
by TANVI_MUNJAL | Nov 29, 2023 | Business & Policy, News & Insights
In an effort to enhance India’s exports, the Commerce Ministry is actively working to resolve issues related to non-tariff barriers and improve market access for domestic products in sub-Saharan African countries such as Nigeria, Ethiopia, Ghana, and the Gulf...
by TANVI_MUNJAL | Nov 16, 2023 | Business & Policy, News & Insights
In a major development towards streamlining the process of issuing exporter status certificates, the Commerce Ministry is gearing up to release approximately 20,000 such documents by the end of this year, according to a high-ranking official on Wednesday. Santosh...
by TANVI_MUNJAL | Nov 7, 2023 | Finance & Economy, News & Insights
Indian Government taking significant steps to reduce imports of non-essential products such as TV tyres, wallpaper, and AC gas compressors has yielded positive outcomes. The Commerce Ministry’s efforts to curtail the inbound shipments through various measures,...
by Manali bhanushali | Feb 4, 2021 | Industry And Cluster, News & Insights
Imports expanded 2.05% last month while exports grew 5.37%, leaving a trade deficit of $14.75 billion, according to preliminary data released by the commerce ministry. Non-petroleum and non-jewellery imports grew 5.94%. India’s merchandise exports as well as imports...