HIGH DEMAND FOR MEDICINAL PLANTS IN INDIA
India has 15 agroclimatic zones that comprise ~18,000 types of plants, of which 6,000-7,000 have therapeutic properties. These medicinal plants are used in numerous applications
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.
Government must look at reducing import duty on gold in Budget 2023 to boost performance
For December 2022, the total gross export of Gold Jewellery (Plain & Studded) a decline of 4.55% to Rs 4,635.64 crores (declined 12.62% in dollar
India’s imports from China reach record high in 2022, trade deficit surges beyond $100 billion
India’s bilateral trade with China reached a record $135.98 billion in 2022, Chinese Customs data showed on January 13, 2023, driven by surging Indian imports
Taxes slow India’s solar power rollout but boost manufacture
In May last year Fortum India, a subsidiary of a Finnish solar developer, won the bid for a solar power project in the state of
Match box producers call for ban on importing lighters
National Small Matchbox Manufacturers’ Association has appealed to the Union and Tamil Nadu governments to ban import of plastic lighters. In the larger public interest