Tag Archives: export

Export your way to prosperity? Nations like India taking the digitisation route to drive growth: Morgan St

The growing push for a digital economy is now propelling the growth of many emerging nations, including India, said global investor and author Ruchir Sharma. “Emerging nations, like India, are now able to use digitisation as a new driver of … Continue reading

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Plastics, petrochemicals should be included in the PLI scheme: Arvind Goenka, Chairman, Plexconcil

India’s plastics sector plays a catalytic role in the economic development of the country. Unsurprisingly, the country currently ranks among the top five consumers of polymers in the world, has over 30,000 plastics processing units, employing over four million people … Continue reading

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Taiwan export orders surge to record despite China energy woes

Global demand for products made by Taiwanese companies defied regional headwinds and predictions of a slowdown as export orders accelerated to a record last month. Export orders grew 25.7% in September to an all-time high of $62.9 billion, Taiwan’s economics … Continue reading

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Permit regulated FDI in tobacco: Par panel on Commerce recommends

NEW DELHI: For providing benefits to farmers, a parliamentary panel has recommended permitting regulated foreign direct investment (FDI) in the tobacco sector and establishing export-only tobacco farms to boost outward shipments. Welcoming the renewal of the Indian-Chinese Phytosanitary (related to … Continue reading

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Sri Lankan economic crisis worries South India’s textile and fabric exporters

South India’s textile and fabric exporters are worried that the economic crisis in Sri Lanka–India’s second largest export destination for clothing products—may lead to a delay in payments from buyers in the island nation. The Sri Lankan rupee has weakened … Continue reading

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Sri Lankan economic crisis worries South India’s textile and fabric exporters

South India’s textile and fabric exporters are worried that the economic crisis in Sri Lanka–India’s second largest export destination for clothing products—may lead to a delay in payments from buyers in the island nation. The Sri Lankan rupee has weakened … Continue reading

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Indian mills need to export more sugar without subsidy: Official

India’s mills need to export 6 to 7 million tonnes of sugar without government incentives in 2021/22 to bring down inventories and ensure domestic prices remain firm despite surplus production, a government official said. Sugar exports by the world’s second-biggest … Continue reading

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Gem, jewellery exports rise 29% to Rs 23,259 cr in Sept following Covid disruption

Gems and jewellery exports rose by 29.67% to Rs 23,259.55 crore in September 2021 compared to Rs 17,936.86 crore in the year-ago month, according to the Gem and Jewellery Export Promotion Council (GJEPC). In September 2019, the shipments were worth … Continue reading

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SAIL reports 7 per cent growth in crude steel production in November 2020

MUMBAI: State-owned Steel Authority of India has registered a 7% growth in crude steel production during November 2020 at 1.417 million tonne as against a production of 1.328 million tonnes during the same month last year. “The performance during November … Continue reading

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Indian steel exports to see a jump as China withdraws export rebates: ICRA

China’s recent move to withdraw export rebates of 13% on 146 steel products, along with rising international steel prices is likely to benefit Indian steelmakers to export more in the coming quarters. “Given the strong demand, export rebate cuts, the … Continue reading

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