Category: India

Country India
Profile: South Asian country known for its cultural diversity, historical landmarks, and rapid economic growth.
Export-Import Data: Exports textiles, pharmaceuticals, and IT services. Imports machinery, petroleum, and electronics.
Trading Partners: United States, China, European Union.
Future Opportunities: Manufacturing sector growth, infrastructure development, and renewable energy expansion.

Mar 05

How India can enhance export business with SAARC member countries?

India is a leading exporter of goods and services in the world. The country has a diverse range of products that cater to the needs of various markets across the globe. The South Asian Association for Regional Cooperation (SAARC) is a regional intergovernmental organization comprising of eight member states in South Asia. India is a founding member of SAARC and has always been keen on strengthening trade relations with its member countries. In this article, we will discuss how India Read Full Details…

Mar 05

Know about the top most Problems facing Indian Exporters

India is one of the largest exporters in the world, with a wide range of products being shipped to different countries. However, Indian exporters face several challenges that make it difficult for them to operate efficiently and profitably. In this article, we will discuss some of the topmost problems facing Indian exporters. Logistics and Infrastructure: One of the biggest challenges faced by Indian exporters is the inadequate logistics and infrastructure facilities in the country. Poor road and rail connectivity, insufficient Read Full Details…

Mar 04

Find New Market and New Buyers for Exporting Goods and services from India

Exporting goods and services from India can be a lucrative business opportunity, but finding new markets and buyers can be a challenge. Here are some strategies to help you identify new markets and attract new buyers for your exports: By using these strategies, you can find new markets and attract new buyers for your exports from India. With careful planning and a little creativity, you can expand your business and tap into new revenue streams.

Mar 03

How to Get Benefits of EXIM Scheme Code

Export-Import (EXIM) Scheme Code is a unique 10-digit code assigned by the Directorate General of Foreign Trade (DGFT) to importers and exporters. It is used to identify the goods that are imported or exported and determine the benefits that can be availed under various schemes. Benefits of EXIM Scheme Code: Avail Export Benefits: With the EXIM Scheme Code, exporters can avail various benefits such as Duty Drawback, Advance Authorization, Export Promotion Capital Goods (EPCG) Scheme, etc. These benefits help in Read Full Details…

Mar 03

DGFT Gives One Time Relaxation For Furnishing Additional Fee To Cover Excess Imports Affected Under Epcg Scheme

The Directorate General of Foreign Trade(DGFT) has notified the One time relaxation for furnishing additional fee to cover excess imports affected under the Export Promotion Capital Goods Scheme to promote Ease of Doing Business via issuing Public Notice. DGFT gives One time relaxation for furnishing additional fee to cover excess imports affected under EPCG Scheme The Directorate General of Foreign Trade(DGFT) has notified the One time relaxation for furnishing additional fee to cover excess imports affected under the Export Promotion Read Full Details…

Mar 02

Gem, jewellery demand leads to expanded show in India

The continued positive impact of the gem and Jewellery industry on India’s domestic and export trade has led to an expansion of one of the country’s most anticipated industry events. For the first time in its 39-year history, the Gem & Jewellery Export Promotion Council’s (GJEPC’s) flagship event, the India International Jewellery Show Premiere (IIJS Premiere), will be held at dual venues in Mumbai: Jio World Convention Centre (JWCC) and Bombay Exhibition Centre (BEC) (located in NESCO Goregaon). JWCC will Read Full Details…

Mar 02

Seafood sector seeks to speed up free trade pact

Visakhapatnam: The seafood exporters in Andhra Pradesh and parts of surrounding states are looking to speed up the Free Trade Agreement (FTA) with key export destinations for relief from customs duty and to boost seafood exports. With the setbacks in US, the biggest market for seafood exports, seafood exporters said that there is urgent need to consider altering the strategy to attain the ambitious export target of $14 billion by 2025. We are appealing to the Union government and officials Read Full Details…

Feb 28

Union Budget to give a boost to exports and manufacturing

In a major push to LGD (lab grown diamonds) manufacturing, duty on LGD seeds reduced from 5% to 0%; research grant of Rs. 242 crore to IIT Madras approved Custom duty on imitation jewellery enhanced from 20% to 25%; move to discourage cheap imports from China and encourage domestic manufacturing Import duty of fish meal reduced from 15% to 5% ; move will make shrimp industry more competitive Measures to enhance business activities in GIFT IFSC will promote India’s financial Read Full Details…

Feb 28

Agricultural and Process Food Export Development Authority (APEDA) participates in 28th edition of Gulfood 2023

Agricultural and Process Food Export Development Authority (APEDA) is participating in the 28th edition of Gulfood 2023 being held in UAE. In order to augment trade, India has been participating in GULFOOD which is a platform that connects food and beverage sectors around the globe, providing ample of opportunities to Indian exporters. Over the years APEDA has participated in Gulfood and brought a strong contingent of suppliers from Indian diaspora. In an area of appx 600 sq. mtr, more than Read Full Details…

Feb 27

Services exports to cross $300 bn this fiscal; $1 trillion achievable by 2030: SEPC

Services exports are recording a healthy growth rate and going by this trend, the outbound shipments will cross USD 300 billion in 2022-23, and tapping global opportunities would help achieve USD one trillion target by 2030, SEPC said on Sunday. Services Export Promotion Council (SEPC) Director General Abhay Sinha said support measures in the forthcoming foreign trade policy (FTP) would help further boost the exports. Performance of sectors including IT, ITeS, tourism and healthcare is helping the exports register significant Read Full Details…