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- Central government in favour of banning iron ore exports
Bangalore, July 31: The central government is planning to ban iron ore exports or restrict the quantum of export to protect the rich mineral wealth of the country, Steel Minister Virbhadra Sing....
- Exports from special economic zone zoomed 121 percent
New Delhi, July 28: In sharp contrast to the slowdown in India's external trade last fiscal, exports from special economic zones (SEZs) grew by a whopping 121.4 percent, the commerce minist....
- Shree Ganesh Jewellery expects $1 billion turnover in 2010-11
Kolkata, July 26: City-based hand-crafted jewellery maker Shree Ganesh Jewellery House expects to clock a turnover of $1 billion in 2010-11, a top company official said here today.
&#....
- Export Promotion Council to organise jewellery exhibition
New Delhi, July 4: The Export Promotion Council for Handicrafts (EPCH) will hold a special show July 9-11 in the national capital region as part of its efforts to tap the $16.3 billion world ma....
- India's exports up 35 percent in May at $16.1 bn
New Delhi, July 1: India's merchandise exports in May rose by 35 percent to $16.14 billion compared to $11.9 billion in the year-ago period, the government said here today.
Data r....
- Bangladesh losing US garment market to India, China
Dhaka, June 24: Bangladesh is losing the US market for garments to India, China, Vietnam and Indonesia, among others, causing concern among exporters.
Citing a recent report of US Com....
- Andhra aims third place in IT exports
Hyderabad, June 23: Andhra Pradesh is targeting the third place in Information Technology exports in the country, a state government official said today.
K. Ratna Prabha, principal se....
- Kashmir's spice exports witness a dip, exporters blame it on slowdown
Srinagar, June 10: Kashmir may be known as a spice destination for majority of Indians but recently the demand for Kashmiri spices has witnessed a sea dive.
Importers from abroad hav....
- No headway on high technology exports to India
Washington, June 4: India's demand to liberalise high technology exports to it has not found favour with the US.
A joint statement issued after the first ever India-US strategic d....
- Vijay Setia elected rice exporters association president
New Delhi, June 3: Vijay Setia, managing director of Chamanlal Setia Exports Ltd, was today elected unanimously as president of All India Rice Exporters Association (AIREA).
"Seti....
- India's exports up 36.2 percent in April
New Delhi, June 1: India's merchandise exports rose 36.2 percent to $16.9 billion for the sixth straight month in April after 13 consecutive months of decline, official data released here t....
- India gets permission to export basmati rice to China
Shanghai, May 30: India will soon be exporting its sweet-smelling rice to China, which has only recently given its nod for Indian basmati to enter its markets.
"We have finally go....
- India's merchandise exports up 36 percent in April
New Delhi, May 19: India's merchandise exports grew by 36.3 percent to $16.9 billion in April as against $12.4 billion in the corresponding month a year ago, a top commerce ministry officia....
- India's seafood exports cross $2 bn for first time
Kochi, May 18: India's marine product exports have for the first time crossed $2 billion, according to official figures for financial year 2009-10 released here today.
Recession i....
- India targets over $1 billion organic product exports
New Delhi, May 15: As consumers' preference for organic products grows steadily worldwide, India is targeting exports of over $1 billion of such products in the next five years, Commerce Se....
- Exports jump 54 percent in March; dip 4.7 percent for 2009-10
New Delhi, May 10: India's merchandise exports grew by 54.1 percent in March to $19.9 billion, but the value of the outward shipments dipped 4.7 percent to $176.5 billion for 2009-10 mainly....
- India likely to produce over 1,000 million kg of tea
New Delhi, May 10: India is likely to cross the 1,000-million-kg mark in tea production this financial year and exports of the commodity are expected to grow by 5-10 percent, Tea Board of India....
- India to showcase export potential in Trinidad
Port-of-Spain, May 9: Even as India's eyes are on the Caribbean as the cricket fiesta peaks with the T20 World Cup, India's huge export potential will soon be showcased here at an India....
- India to double exports by 2014: Anand Sharma
Chandigarh, May 7: Commerce and Industry Minister Anand Sharma today said the government is committed to doubling India's exports by 2014 and its share in the world trade in the coming year....
- Government may extend sops for exporters
New Delhi, May 6: The Indian government may extend sops for the exporters who are still reeling under the impact of the global meltdown, Commerce Minister Anand Sharma hinted here today.
- Exports rise 50 percent in March; fall for whole fiscal
New Delhi, May 6: India's merchandise exports grew a healthy 50 percent in March to $19.9 billion, but for the fiscal year as a whole the value of shipments was down 4.7 percent due to the ....
- Merchandise exports in 2009-10 to be $170 billion
New Delhi, May 4: Despite the recovery in exports since November last year, merchandise shipments in the 2009-10 fiscal are expected to be around $170 billion, Commerce Minister Anand Sharma sa....
- Report on exporters' transaction costs soon
New Delhi, April 27: The Indian government is looking at ways to simplify procedures and reduce transaction costs for the country's growing exporting community and a task force will submit ....
- Gems and jewellery export to grow by 20 percent this fiscal
Kolkata, April 21: The Gems and Jewellery Exports Promotion Council, an apex forum of the gems and jewellery industry in the country, expects exports growing by 20 percent in the current financ....
- Electrotherm targets Rs.350 crore exports in 2010-11
Chennai: Industrial furnace maker Electrotherm (India) Ltd is hoping to increase its exports by Rs.150 crore this fiscal from last year's figure of Rs.200 crore.
"We hope to a....
- India's exports rise 34.8 percent in February
New Delhi: India's merchandise exports grew 34.8 percent to $16.09 billion for the fourth consecutive month in February following revival of economies in developed countries, official data ....
- India's exports rise 34.8 percent in February
New Delhi: India's merchandise exports grew 34.8 percent to $16.09 billion (Rs.72,400 crore) for the fourth consecutive month in February following revival of economies in developed countri....
- Russia ready to import poultry from India
Moscow: Russia is ready to import poultry from India if the US does not resume its supplies, Russian Agriculture Minister Yelena Skrynnik has said.
India, a major poultry producer, ha....
- India's exports rise 11.5 percent in January
New Delhi: India's merchandise exports grew 11.5 percent to $14.34 billion (Rs.65,920 crore) for the third consecutive month in January, according to data released by the ministry of commer....
- Survey favours cut in excise duties on exports
New Delhi: Even as the prospects for Indian merchandise trade have brightened, it needs further cuts in excise duties, said the Economic Survey for 2009-10.
"The outlook for India....
- EU-India trade drops in 2009
Brussels: Export and import businesses between India and European Union countries have reduced by 15 to 16 percent during last year, EU office said today.
Exports from the 27-member b....
- India's merchandise exports up 11.5 percent in January
New Delhi: India's merchandise exports rose for the third successive month and logged a 11.5-percent growth in January at $14.34 billion, Commerce Minister Anand Sharma said here today.
- Decision on stimulus package for exporters this week
New Delhi: Commerce Minister Anand Sharma will meet Finance Minister Pranab Mukherjee later this week to take a decision on stimulus packages for the exporters for the next fiscal, Commerce Sec....
- Commerce ministry hopes export stimulus to stay for some more time
Kolkata: Union Minister of State for Commerce and Industry Jyotiraditya Scindia today said his ministry has requested the finance ministry to continue the export stimulus for some more time unt....
- India's HAL supplies parts for US fighter jet
New Delhi: The public sector Hindustan Aeronautics Limited (HAL) has begun supplying fuselage parts for the formidable Boeing F/A-18E/F Super Hornet fighter jet in what is seen as global recogn....
- Condoms from Kerala on way to bedrooms Down Under
Thiruvananthapuram: City-based HLL Lifecare, manufacturers and exporters of contraceptives, will launch its Moods brand of condoms in Australia in association with Indo Pacific Enterprises, a w....
- Boycott Chinese goods: Students of Arunachal Pradesh
Itanagar: Students in Arunachal Pradesh have become tremendously furious over the repeated demands of China on their state. To put an end to this, the students have decided to weaken the export....
- 25th international leather fair inaugurated
Chennai: The 25th annual India International Leather Fair began here today at Chennai Trade Centre with signs of export demand for leather products turning bright.
The four-day fair o....
- Bhutan to export oranges to Bangladesh via northeast India
Shillong: Bhutan will export oranges and other horticultural products to Bangladesh through India's northeastern states, officials said here today.
"The first consignment of o....
- Garment exporters facing competition from neighbouring countries
New Delhi: It's not just economic down turn that is giving jitters to Indian apparel exports industry, but tough competition from neighbouring China, Sri Lanka and Bangladesh as well.
<....
- Commerce ministry to offer Rs.450-500 cr to boost exports
New Delhi: Commerce Minister Anand Sharma today said his ministry would offer Rs.450-500 crore as incentives to push exports of 2,000 products till this fiscal-end.
"We will raise....
- Germany wants Indian exports free of child labour
New Delhi: Germany, concerned over reports that products made using child labour in countries like India were entering its territory, has proposed a certification scheme that will satisfy custo....
- December exports up at $14.6 billion
Mumbai: India's exports were $14.6 billion (Rs.73,000 crore) in December, up from $13.2 billion (Rs.66,000 crore) the month before, union Minister for Commerce and Industry Anand Sharma sai....
- Commerce minister pushing for stimulus for exporters
New Delhi: Commerce Minister Anand Sharma today said he was pushing for stimulus for the export industry in the annual budget.
"I met Finance Minister Pranab Mukherjee yesterday a....
- Fairs planned to boost horticulture exports to Gulf
Bangalore: Fairs will be organised in the Gulf as part of the efforts to increase exports of Indian horticulture produce to the region, a central minister said here today.
"There ....
- India's exports rose 18.2 percent in November
New Delhi: India's exports in November rose 18.2 percent to $13.2 billion (Rs.6.6 lakh crore) for the first time after 13 straight months of decline, a government statement said today.
....
- Exports small, medium scale units on the rise: CII
New Delhi: Exports from micro, small and medium enterprises (MSMEs) are on the rise despite the rising cost of raw materials and stiff global competition, says the Confederation of Indian Indus....
- Export growth sustainable in coming months: Minister
New Delhi: Minister for Commerce and Industry Anand Sharma today said the growth in exports was sustainable in the coming months.
Compared to the corresponding period last year, India....
- Australian state shelves project to export coal to India
Melbourne: Australia's Victoria state has canned its plan to allow mining and export of coal to India, a media report said.
Three months after plans to allow Melbourne-based Exerg....
- Exports worth Rs.90,000 cr from SEZs in January-June
New Delhi: The 101 special economic zones (SEZs) operational in the country recorded exports worth Rs.90,000 crore in the first six months of the year, Commerce Minister Anand Sharma said in th....
- For exports, BHEL chooses Karaikal port over Chennai
Chennai: Power equipment major Bharat Heavy Electricals Ltd's (BHEL) Tiruchirappalli unit will start exporting its boilers through the newly built private port at Karaikal, a company offici....
- Indian exports decline for 13th straight month
New Delhi: India's merchandise exports fell 6.6 percent for the 13th straight month in October to $13.19 billion, from $14.13 billion in the corresponding month last fiscal, Commerce Minist....
- New EU rules seen raising cost of Indian chemicals exports
Helsinki: The $35-billion Indian chemical industry that exports products to European countries may soon find the cost of doing business going up because of new legislation adopted by the EU to ....
- Haryana's exports touch Rs.35,000 crore
Chandigarh: Despite the global slowdown, Haryana's exports crossed the Rs.35,000-crore mark in 2008-09, a top government official said here today.
Financial Commissioner and Princ....
- India's Jindal Steel to export 80,000 tonnes of Bolivian iron ore
La Paz: India's Jindal Steel and Power Limited will export 80,000 tonnes of iron ore every month from its plant at El Mutun in eastern Bolivia, the company said.
Arvind Sharma, di....
- Treat basmati rice as a niche product, government urged
New Delhi: Rice exporters today urged the government not to interfere in the export of basmati rice and treat the rice variety as a "niche product".
"We urge the governmen....
- Exports will see turnaround in last quarter: Anand Sharma
New Delhi: India's exports, which fell for 12 consecutive months since October 2008, may see a turnaround in the January-March quarter, Commerce and Industry Minister Anand Sharma said toda....
- Garment exporters worried over US firm's bankruptcy filing
New Delhi: Indian garment exporters, already reeling under a severe demand crunch in key markets, have expressed concern over the application for bankruptcy protection filed in the US by CIT gr....
- Jute council to focus on Goa to boost sales
Panaji: The Jute Manufacturers Development Council (JMDC) is looking at Goa, a tourist destination that attracts many foreigners every year, as a potential market to sell its products, and plan....
- India's exports decline for 12th consecutive month to $13.6 bn
New Delhi: India's merchandise exports fell for the 12th straight month this September, dipping 13.8 percent to $13.6 billion, compared to the corresponding month last fiscal, a government ....
- Jute council eyes African, East European markets
Kolkata: Jute council eyes African, East European In its bid to promote and make people aware of jute products, the Jute Manufacturers Development Council (JMDC) is eyeing the African, East Eur....
- Service exports recovery likely by year-end: FICCI
New Delhi: India's exports of services, which declined in the first two quarters of 2009, will return to growth by the year-end, according to a report by the the Federation of Indian Chambe....
- India ranks first in UAE's exports
Abu Dhabi: The United Arab Emirates' (UAE) non-oil foreign trade has risen by 42.4 percent in 2008, with India ranking first in the country's exports totaling $4.9 billion, of which 29.....
- Slowdown in exports sector arrested: Anand Sharma
New Delhi: Commerce and Industry Minister Anand Sharma today said the sharp decline in India's exports over the last few months has been arrested.
"The sharp fall in the expor....
- India's exports dip between April and August
New Delhi: India's exports in the five months since April have dipped 31 percent in dollar terms and 20.4 percent in rupee terms, government data released today said.
Imports fell....
- Recessionary impact, lower exports loom over planters' meet
Coonoor (Tamil Nadu): Plantation owners from south India will deliberate on the effects of global recession on the exports of tea, coffee and spices among other issues during their annual jambo....
- India's farm exports to top $20 bn by 2014: Govt
New Delhi: Exports of agricultural products from India will more than double to top Rs.1 lakh crore (Rs.1 trillion or $20 billion) in the next five years, says an official export promotion agen....
- Australian iron ore mines worry Goa exporters
Panaji: Iron ore exporters in Goa say Australia's Yandi mines have emerged as a tough competition.
According to Goa Mineral Ore Exporters Association (GMOEA) executive director S.....
- Karnataka logs $17-bn software exports despite meltdown
Bangalore: Defying the global meltdown, Karnataka earned $17 billion (Rs.74,929 crore) from software exports last fiscal (2008-09) as against Rs.60,800 crore the previous year, registering a 23....
- India's merchandise exports slip for 10th straight month
New Delhi: India's merchandise exports fell for the 10th straight month in July and were valued 28.4 percent lower at $13.62 billion against $19.04 billion during the corresponding month la....
- Textiles export to US to go up by $1.5 bn: Maran
New York: India's exports to the US can increase by $1.5-billion if it made an effort to bail out the ailing textiles sector, according to Textiles Minister Dayanidhi Maran, now on an offic....
- New foreign trade policy seeks to reverse fall in exports
New Delhi: India's new Foreign Trade Policy was unveiled today with a mix of fiscal sops and procedural reforms in a bid to reverse 10 consecutive months of decline in merchandise exports a....
- Indian envoys asked to remain vigilant on protectionism
New Delhi: Commerce Minister Anand Sharma on Tuesday asked Indian envoys at various missions to remain on guard over protectionism, even as he urged for a renewed focus on Africa and Latin Amer....
- 'India can boost exports only through better product designs'
New Delhi: India's exports can only be sustained if large and small companies designed globally competitive products, said a global innovative solutions provider here today.
"....
- Four cargo berths at Kandla port approved
New Delhi: The government today approved development of four multipurpose cargo berths at Kandla port on an investment of Rs.755.5 crore.
"The Cabinet Committee on Infrastructure ....
- India planning to double agri exports in five years
New Delhi: Despite the ongoing drought conditions and the global recession, India is working on doubling its agricultural exports to $18 billion in five years from now.
"Starting ....
- Haryana to export basmati to US
Chandigarh: Haryana will export basmati rice to US markets after an agreement between the state owned cooperative service and an American firm was signed here on Wednesday.
The agreem....
- More stimulus for export sector on cards: Sharma
New Delhi: To support the export sector, the foreign trade policy (FTP) to be announced later this month is likely to contain stimulus packages, Commerce Minister Anand Sharma said here on Mond....
- 'Engineering exports to remain flat this fiscal'
Kolkata: India's engineering exports are expected to remain flat this fiscal at $37.5 billion, a senior industry official said here today.
"We grew by about 15 percent in 2008....
- India's merchandise exports decline ninth straight month
New Delhi: India's merchandise exports fell for the ninth straight month in June and were valued at $12.82 billion, down 27.7 percent over $17.73 billion registered in the like month of las....
- Mango exports rose by 43 percent in 2008-09
New Delhi: India has seen an increase of 43.76 percent in its mango exports in 2008-09 as compared to the year before, a union minister said here today.
"There was a drop in mang....
- Exim policy will have sops for exports sector: Sharma
New Delhi: The government will announce more sops for the slowdown-hit exports sector in the export-import policy (Exim) for 2009-10, which will be released next month, Commerce and Industry Mi....
- Turnaround visible in India's exports: Anand Sharma
New Delhi: The decline in India's exports due to the global financial crisis has been arrested and a turnaround is now visible, the Rajya Sabha was informed today.
"The downwa....
- India's exports dip by 29 percent in May
New Delhi: India's merchandise exports continued to suffer a setback this fiscal to register a decline for the second straight month with the value of shipments 29.2 percent lower at $11.01....
- Anand Sharma pushes for sops to exporters in budget
New Delhi: Commerce and Industry Minister Anand Sharma today expressed concern over the continuing fall in India's exports and said he would push for sector-specific sops to boost the count....
- Exporters meet Mukherjee, ask for Rs.5,000-crore fund
New Delhi: Representatives of the ailing export sector sought a slew of sops including a Rs.5,000-crore market development fund when they met Finance Minister Pranab Mukherjee and top officials....
- India's merchandise exports dip 33 percent in April
New Delhi: The current fiscal year has started on a sour note for India's merchandise exports sector with the value of such shipments down 33.2 percent at $10.74 billion in April against $1....
- ITC apparel factory in Nepal closes after labour trouble
Kathmandu: Indian tobacco major ITC's NRS 250 million, state of the art garments factory in southern Nepal has been shut down indefinitely due to security concerns after disputes with a Mao....
- Seafood exporters want separate fisheries ministry
Kochi: A seafood exporters' lobby in Kerala has urged the government to create a separate ministry for fisheries and wants K.V. Thomas, a Congress party parliamentarian from the state, to h....
- Stronger rupee to hit exports: Goldman
New Delhi: Already hit by a sluggish offshore market, export-dependent sectors such as information technology (IT), textiles, pharmaceuticals and export-oriented oil refiners will now likely be....
- Export sector has wish list for government
New Delhi: Facing its worst crisis in over a decade, India's ailing export sector wants the new government to gift it a three-year income tax holiday, with experts pushing for concrete step....
- Maruti plans to double exports
Chennai/Kolkata: India's largest car maker Maruti Suzuki, with a turnover of almost Rs.20,500 crore, is hoping to nearly double its exports this fiscal and expand its footprint in the rural....
- Indian IT exports projected to grow in single digit
Bangalore: The Indian IT industry is set to witness a single-digit growth in software and services exports in 2009-10 because of global recession and lower technology spending in the US and Eu....
- India's seafood exports to grow despite meltdown
Brussels: India's multi-billion dollar marine products industry has remained largely unaffected by the global economic meltdown, Indian officials and exporters have said.
"T....
- India's exports miss target with $169 bn last fiscal
New Delhi: India's merchandise exports fell short of the target set for the previous fiscal and were valued at $168.7 billion, up merely 3.4 percent over $163.13 billion in the year before,....
- India's exports to US fall nearly 12 percent: FICCI
New Delhi: India's exports to the US have fallen by 11.5 percent in the five-month period since last October, said the Federation of Indian Chambers of Commerce and Industry (FICCI), adding....
- Govt to lift ban on wheat exports after polls
New Delhi: The government on Thursday agreed in principle to lift the two-year-old ban on wheat exports once elections end in mid-May this year, said a top official.
The empowered group ....
- India's exports decline for fourth straight month
New Delhi: India's merchandise exports fell for the fourth consecutive month in January and were valued at $12.381 billion, down 15.9 percent from the $14.717 billion registered in the like mon....
- India's exports decline for fourth straight month
New Delhi: India's merchandise exports fell for the fourth consecutive month in January and were valued at $12.381 billion, down 15.9 percent from the $14.717 billion registered in the like m....
- Indian engineering exporters bank on Africa, Southeast Asia
Kolkata: At a time when the world is reeling under the economic meltdown, exporters of engineering goods in the country are looking to Africa and Southeast Asia for salvation.
"Though the....
- India unveils steps to push exports, target still $200 bn
New Delhi: India is expected to miss its export target of $200 billion this fiscal due to the global meltdown, Commerce Minister Kamal Nath said, but hoped this figure will be achieved next yea....
- South Asian exports grew fastest, thanks to India: UNIDO
New Delhi: India's rapid growth of merchandise exports made South Asia the fastest growing region in shipping out manufactured goods between 2000 and 2005, says a UN agency's annual report on....
- 'Goa's mining export revenue will fall 50 percent'
Panaji: Goa's Rs.60-billion (Rs.6,000-crore) low-grade iron ore exports are expected to fall 50 percent this fiscal, an industry leader said here on Monday.
While exports this year have sh....
- India planning to lower base price for basmati exports
New Delhi: The government is looking at another cut in the minimum export price (MEP) for basmati rice to help domestic players compete with their counterparts from Pakistan, Commerce Secre....
- Bharti-Del Monte becomes largest fresh baby corn exporter
Ludhiana: A joint venture between telecom major Bharti and Del Monte India Monday said it had emerged as the largest fresh baby corn exporter in the country.
To mark the occasion, a cons....
- Ashok Leyland bags export orders from Honduras, Thailand
Chennai: Though its domestic sales have witnessed a steep fall, there is good news for India's second largest commercial vehicle manufacturer Ashok Leyland Limited, as it has bagged a expor....
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