India Export Import Data and Buyers Sellers trade Partner - Page 14 of 21 - EXIM TUTOR - Export Import Business Course Trainer & Consultant

Apr 11

Indian Economic growth Outlook review of financial year 2022-2023

India’s economy has been steadily recovering from the pandemic-induced slowdown. The country’s GDP growth rate rebounded to 8.4% in Q2 of FY 2021-22, after contracting for two consecutive quarters. The government has projected a GDP growth rate of 10.5% for FY 2021-22, with some estimates suggesting that it could even reach 11%. However, with the emergence of new variants and the possibility of further waves of infections, there are uncertainties around the growth trajectory. The Indian economy is expected to Read Full Details…

Apr 10

Exports-imports via Lào Cai border gate

LÀO CAI — Export-import activities via the Lào Cai border gate in the northern border province of Lào Cai thrived in the first quarter of this year and reached nearly US$186 million, reported the local customs agency. The value of exports reached $92.4 million, up 90.1 per cent annually, imports rose by 15.2 per cent year-on-year to $93.2 million. Among exports going through Lào Cai border gate, farm produce still accounted for the majority, with a value of more than Read Full Details…

Worldwide opportunity to merchant Exporter of traded goods

Apr 09

Worldwide Opportunities for Merchant Exporters of Traded Goods

As the world becomes more interconnected, the opportunities for global trade are expanding rapidly. Merchant exporters play a crucial role in facilitating international trade by sourcing goods from one country and exporting them to another. With the rise of e-commerce and the increasing demand for products across borders, merchant exporters have a significant opportunity to expand their businesses globally. In this article, we will explore the worldwide opportunities for merchant exporters in the trade of goods, with a particular focus Read Full Details…

Apr 09

Huge potential to enhance exports from Telangana: APEDA chairman

Chairman of Agricultural and Processed Food Products Export Development Authority (APEDA) M. Angamuthu has urged exporters in Telangana to increase millet export. He underscored this need in the backdrop of 2023 having been declared International Year of Millets (IYoM) and Telangana being one of the major millet producing States, according to a release on his interaction with exporters at APEDA’s regional office in Hyderabad. APEDA is a body under the Union Ministry of Commerce and Industry. Lauding exporters for their Read Full Details…

Apr 09

Combined export, import surge puts milk on the boil

Milk and cereals prices have kept food inflation from cooling, making it harder for the government to bring overall price growth to a targeted 4% (+/-2%). Milk and cereals prices have kept food inflation from cooling, making it harder for the government to bring overall price growth to a targeted 4% (+/-2%). (HT India’s import of milk products jumped slightly over 1000% to $4.77 billion in 2022-23 even as export of fat items, such as clarified butter (ghee), surged to Read Full Details…

Apr 07

How to Achieve India’s Export Target of $2 Trillion by 2030

India has set an ambitious target of achieving $2 trillion in exports by 2030, which is nearly double the current level of exports. To achieve this target, India needs to focus on several key areas, including improving infrastructure, enhancing the ease of doing business, developing new markets, and promoting innovation and entrepreneurship. Improving Infrastructure Infrastructure is a critical component of any economy, and India is no exception. To achieve its export target, India needs to invest in infrastructure projects that Read Full Details…

Apr 03

India’s Foreign Trade Policy 2023: Can It Help Achieve the $2Tn Trade Target?

The Indian government has set a target of achieving $2 trillion in foreign trade by 2030, which is an ambitious goal considering the current economic conditions and geopolitical situation. To achieve this target, the government has announced the Foreign Trade Policy (FTP) 2023, which is a comprehensive roadmap for boosting exports and reducing imports. The FTP 2023 has identified several key areas for boosting India’s foreign trade, including improving the infrastructure, simplifying procedures, increasing access to credit, and promoting innovation Read Full Details…

Apr 03

High-quality and unique products have Strong opportunities in Foreign Trade

High-quality and unique products have strong opportunities in foreign trade, and this is a fact that has been proven time and time again. With the rise of globalization and the increasing demand for quality products in international markets, businesses that prioritize producing high-quality and unique products are well-positioned to succeed in foreign trade. One of the main reasons why high-quality and unique products have strong opportunities in foreign trade is that they stand out from the competition. In today’s global Read Full Details…

Apr 03

Harmonize trade policy with India’s broad goals

India’s new Foreign Trade Policy (FTP), unveiled on Friday by commerce minister Piyush Goyal, took some time coming. The last one was meant for a five-year span that ended just as covid began in March 2020. This one has no expiry date, but it sets an export target of $2 trillion by 2030, up from goods and services worth roughly $750 billion that we expect to log in 2022-23. Apart from easing trade in general, its chief aim is to Read Full Details…

Apr 03

Centre to expand definition of ‘political risk’ under export guarantee scheme

The new FTP will cover any fresh imposition of non-tariff barriers by importing nations after a shipment has left Indian shores Exporters may soon be able to get insurance cover for some losses suffered on account of countries’ sudden imposition of barriers to trade, under the new Foreign Trade Policy (FTP), which also envisages the formation of a “whole of government” ministerial panel to address the grievances of small exporters. ALSO READ Government vows swifter nod for exportersThe government will Read Full Details…