Month: April 2023

Apr 17

New foreign trade policy tightens norms on ‘gift’ imports

It may become easier to receive Rakhis and life-saving drugs as gifts from relatives or friends abroad, under India’s new Foreign Trade Policy (FTP), even though it has tightened provisions for other gifts from overseas, including those purchased from global e-commerce portals. As per the 2015-20 trade policy, whose provisions were extended till March 31 this year, the import of gifts was free in case of goods that are otherwise freely importable under India’s foreign trade classification norms. Any other Read Full Details…

Apr 17

At China’s largest trade fair, exporters worry about world economy

GUANGZHOU, April 16 (Reuters) – Chinese exporters exhibiting their products at the country’s largest trade fair said the weak global economy was hurting their businesses, with many freezing investments and some cutting labor costs in response. The subdued mood at the Canton Fair in the southern city of Guangzhou suggests China’s unexpected jump in exports in March may have reflected exporters catching up with orders delayed last year by COVID curbs rather than renewed economic strength. The first major trade Read Full Details…

Apr 17

UAE is India’s second biggest export destination, third biggest source for imports

The UAE continues to be the second most important export destination for India, according to annual trade figures released by the Ministry of Commerce and Industry here. The US and the UAE retained the first and second places respectively in this category during the financial year 2022-23, the Ministry’s figures showed. The figures for the year were released a fortnight after the new year began. They showed that India’s overall exports of merchandise and services rose by six percent during Read Full Details…

The growth scenario and opportunities in foreign trade with Project export import
Apr 16

Golden opportunities high demanding top Project Export Import worldwide in 2023-2024

In today’s global economy, export-import businesses are becoming increasingly important, especially in the project export-import sector. With the world becoming more interconnected than ever before, there are many opportunities available for businesses looking to expand their reach and enter new markets. This is particularly true for those involved in high-demanding top-project export-import, as there is a growing need for infrastructure development in emerging markets. One of the key drivers of this trend is the growing demand for energy and infrastructure Read Full Details…

White Barite Mineral Demand and Industrial Applications
Apr 16

White Barite Mineral Demand and Industrial Applications

Barite is a mineral that is composed of barium sulfate (BaSO4) and is found in a variety of colors, including white, gray, brown, and blue. White barite, in particular, is a valuable mineral due to its purity and high specific gravity, making it a popular choice for a variety of industrial applications. Demand for White Barite: White barite is in high demand due to its unique properties, including its high specific gravity, chemical inertness, and whiteness. These properties make it Read Full Details…

Worldwide Demand and Future Growth of FMCG Products in 2023
Apr 16

Worldwide Demand and Future Growth of FMCG Products in 2023

Fast-moving consumer goods (FMCG) refer to products that are sold quickly and at a relatively low cost. These products are typically used on a daily basis and include items such as food and beverages, personal care products, household cleaning supplies, and other similar goods. In recent years, the FMCG industry has experienced significant growth, with the worldwide demand for these products set to continue to rise in 2023. The global FMCG market is expected to grow at a steady rate Read Full Details…

Artificial Intelligence and Data Science in Export Business
Apr 15

Know How Artificial Intelligence and Data Science Can Help in Export Business Growth of India

With the rise of globalization and technological advancements, the export business has become an essential aspect of the Indian economy. In recent years, there has been a significant increase in the demand for Indian goods and services in the global market. However, to stay competitive, Indian businesses need to adopt the latest technologies to improve their efficiency, productivity, and quality. Artificial intelligence (AI) and data science are two such technologies that can help Indian exporters gain a competitive edge in Read Full Details…

Apr 15

Modern Export Business Boosting Tips

Exporting goods or services can be a profitable business venture, but it requires a lot of effort and hard work. With the world becoming more interconnected and globalized, the opportunities for exporting have never been better. However, with competition also increasing, it’s essential to stay ahead of the curve and adopt modern export business boosting tips. Use technology to your advantageTechnology has revolutionized the way we do business. It’s now easier than ever to reach customers worldwide and manage your Read Full Details…

Apr 15

Export Import impact on International monitory Economics

International trade is a critical component of modern economies, and it plays an essential role in determining a country’s economic growth and development. Exports and imports are the two main components of international trade. Exports refer to goods and services produced domestically that are sold abroad, while imports are goods and services produced in other countries that are purchased domestically. Exports and imports have a significant impact on a country’s international monetary economics. In this blog post, we will explore Read Full Details…

Trustworthy India Trade Partner Countries and Export Opportunities for Indian Exporters
Apr 14

Trustworthy India Top Trade Partner Countries and Export Opportunities for Indian Exporters

India is one of the world’s fastest-growing economies and a leading exporter of a wide range of goods and services. With a population of over 1.3 billion people and a rapidly expanding middle class, the country offers a large and lucrative market for businesses around the world. At the same time, India is also an important exporter, shipping products ranging from textiles and agricultural goods to high-tech electronics and pharmaceuticals to countries around the globe. Trustworthy India Trade Partner Countries Read Full Details…