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.

Jan 23

Rodtep reimbursements: Govt likely to guide industry on documentation

The government plans to handhold the industry to help them familiarise with adequate documentation that they need to maintain for the Remission of Duties or Taxes on Export Products (RoDTEP) scheme-related reimbursements, a senior government official said. This is because last year, the United States (US) and the European Union (EU) had imposed countervailing or anti-subsidy duty against some products as retaliation against India’s export boosting scheme. The RoDTEP scheme allows refunds of the embedded non-creditable central, state and local Read Full Details…

The Global Appeal of Indian Rice: A Culinary Treasure
Dec 26

The Global Appeal of Indian Rice: A Culinary Treasure

Indian rice, renowned for its aromatic fragrance, distinct taste, and varied textures, has long been a staple in the diverse cuisines of India. However, in recent years, the demand for Indian rice has transcended geographical boundaries, creating a significant impact on the international market. This article explores the factors contributing to the global appeal of Indian rice and the rising demand for this culinary treasure worldwide. Diversity of Indian Rice:India is home to an extensive variety of rice, each with Read Full Details…

Dec 21

Competitive Landscape in export marketing, Know why it is important ?

The competitive landscape in export marketing refers to the overall structure and dynamics of the market within which businesses operate when exporting goods or services. It involves analyzing and understanding the positions, strategies, strengths, and weaknesses of competing companies in the same industry or market segment. This assessment is crucial for businesses to make informed decisions and develop effective export marketing strategies. Here are key components of the competitive landscape in export marketing: Understanding the competitive landscape allows businesses to Read Full Details…

Dec 12

Understanding the Ban on Onion Exports in India Until March 2024

In a surprising move, India recently imposed a ban on the export of onions until March 2024. This decision, while seemingly abrupt, has its roots in various factors that have collectively led the Indian government to take such a measure. In this article, we will delve into the reasons behind the ban and its potential implications. Domestic Shortage: One of the primary reasons for the ban is the shortage of onions within the country. Onions are a staple in Indian Read Full Details…

Onion
Dec 10

DGFT Amends Export Policy Of Onion From “Free” To “Prohibited” Till March 31, 2023

India has banned the export of onions till March 2024, an official notification issued late Thursday evening said. The DGFT notification said the export of onions will, however, be allowed based on the permission granted by the central government to other countries based on their request. Onions are currently priced at around Rs 60 per kg in the retail markets in India. In August, the government had imposed a 40 percent duty on the exports of onions to control the Read Full Details…

Demand for Fashion and Beauty Products
Dec 01

Global Trends: Unveiling the Ever-Evolving Demand for Fashion and Beauty Products

In the dynamic world of fashion and beauty, trends are constantly shifting, reflecting the evolving desires and preferences of consumers worldwide. As we celebrate the first anniversary of our journey into the realm of knowledge sharing, let’s delve into the updates on the worldwide demand for fashion and beauty products. The Rise of Sustainable Fashion:In recent years, there has been a significant surge in consumer awareness regarding environmental and ethical concerns. This has led to a growing demand for sustainable Read Full Details…

Nov 26

Emerging areas to help meet $1 trillion goods export target for 2030: DGFT

New and emerging areas like electronics, renewable energy, IT hardware, and electric vehicles will be the key for India to get to the target of $1 trillion in merchandise exports by 2030, Director General of Foreign Trade Santosh Kumar Sarangi said Wednesday. “Our electronics exports are going up. Few years back our electronic exports were ranked 11-12 in total hierarchy of exports. It has suddenly jumped to become the fifth highest exported commodity largely on account of Samsung and Apple Read Full Details…