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Tag: India
Increased container freight prices threaten exports
The Reserve Bank of India stated that - while exports have been encouraging and merchandise trade have rebounded - rising freight prices continue to pose a challenge. “Buoyed by strong external demand and base effects, exports registered a sharp expansion ...Read More
Three-fold increase in Ocean freight rates
Ocean freight rates between India and the rest of the world have risen at least 3.5-fold (250%) over the past six months. Local export industries say that shipments are either being delayed or held back. The industry has written to ...Read More
Tags: Covid-19, exports, India, Seafreight, shipping
New duty refund scheme due In India
The Indian government has recently announced a new duty refund scheme for exporters, which is due to begin this week. The Commerce Ministry is expecting the schemes to increase exports. The scheme is intended to replace export incentives which are ...Read More
Import of medical equipment to Nepal doubles
Imports of medical equipment to Nepal doubled during the first 11 months of the fiscal year 2020-21. According to bank statistics, the country imported medical equipment worth Rs15.24 billion during the first 11 months, and increase from Rs8.08 billion during ...Read More
Covid-19 hampers solar manufacturers in India
Indian solar panel manufacturers kept production levels steady despite Covid-19 lockdowns this year are experiencing fewer sales and rising input costs. Protective import duties are due to be wound down in late July. Last year’s nationwide Covid lockdown has this ...Read More
Garment exports save manufacturers
Exports of fashion and lifestyle products from India have started to see an increase, as demand in the UK and the United States for imports is picking up. Pent-up demand and increased online sales are expected to give a boost ...Read More
India ministry COVID-19 helpdesk
The commerce ministry in India is starting a COVID-19 helpdesk to help resolve issues of exporters and importers, such as customs clearance delays and banking matters. The Directorate General of Foreign Trade (DGFT), decided to monitor the status of exports ...Read More
India exports 273000 kilos of roses to 41 destinations
Kempegowda International Airport, in Bangalore, India, has reported exports of 273,000 kilos of roses to 41 destinations around the world this Valentine’s Day season. The air cargo of 6.4 million rose stems was transported internationally, to destinations including Singapore, London, ...Read More
Tags: air freight, exports, India
Spices exports increase 19% to 7 lt in H1; chilli tops charts
Spice exports from India grew 19 per cent in quantity in the first half of the current financial year, touching 7,00,150 tonnnes. The export value was ₹12,274 crore. Chilli, cumin, turmeric, coriander and ginger were the top five exports. Chilli ...Read More
Import Aussie wine, buck Chinese bullying
China has slapped punitive duties on imports of Australian wine, and otherwise made its entry into China tough, to penalise the country for initiating scrutiny of China's handling of the outbreak of Covid. Some pundits in India think their government ...Read More
China allowing huge agri imports
China has been importing farm products at high volume this year, apparently to take advantage of relatively stable global prices and replenish its depleting food stocks. China’s imports are expected to continue unabated in the coming months, but this massive ...Read More
15% growth for India’s spices exports
Chilli continued to be the most exported spice from India ― 2,10,500 tonnes. Boosted by large export shipments of chilli, cumin and turmeric, India’s spices exports showed 15 per cent growth in quantitative terms during April to August this year. ...Read More
India tea exporters fear falls in export volumes
Tea exporters in India fear that there will be a drop in export volume in the current year, because higher prices are available in the domestic market. Exporters also complained about the lack of availability of shipping containers because there ...Read More
Ban on bean imports from Ethiopia lifted
A ban on beans imports from Ethiopia to Pakistan has been ceased, and flights between Karachi and Addis Ababa will start soon, the ambassador-designate of Pakistan to Ethiopia Shozab Abbas said. He said bilateral trade between Pakistan and Ethiopia is ...Read More
Exports of medical herbs up 120% in 4 months yr/yr
Iranian exports of medical plants in the first four months of the current Iranian calendar year (March 20-July 21) increased by 120 percent in volume compared with last year. Exports of the mentioned products also increased by 46 percent in ...Read More
Indian sea & road freight recovering
India Ratings and Research's credit news digest on India’s logistics sector shows a moderate recovery for sea and road transport after the easing of the Covid-19 lockdown restrictions. Air transport remains severely stressed. Ports volumes recovered to 80-85 percent of ...Read More
Chinese dragon’s grip on imports
Recent border skirmishes and the Indian government’s call for industry to become or self-reliant, have done nothing to reduce imports from China. It’s business as usual. For India, imports from China were valued at $61.5 billion in 2019-20, according to ...Read More
India exports tea to China
Indian tea exports to China and Iran have increased in spite of economic uncertainty due to Covid-19 and the stalemate between India and China on border issues. Chinese importers are paying good prices for Indian black tea and exportsto the ...Read More
Government of India to ease blockage of China imports
The central government of India is attempting to ease blockage of imports from China which are critical for domestic sectors as well as for India-based conglomerates from countries like South Korea, Japan and Germany. As Indian ports have been doing ...Read More
India to sign pacts to push leather exports
The Council for Leather Exports (CLE) of India recently said it will sign an agreement with Washington-based Footwear Distributors and Retailers of America and the United States Fashion Industry Association to take advantage of emerging opportunities for Indian exporters there. ...Read More
India pharma exports
The government of India has allowed the exports of 13 pharmaceutical formulations, including those made of Vitamin B6, B12 and B1 under advance licenses issued on or before March 3. It also permitted exports of the restricted 13 active pharmaceutical ...Read More
Nutritious, niche food exports to get big push
The government of India is planning to promote agriculture exports to capitalise on the rising global demand for healthy and nutritious food products. “During this pandemic, people world-over have realised the importance of immunity booster food products like herbal, medicinal, ...Read More
India’s chemical industry depends on Chinese imports
One of the bright spots in India’s manufacturing sector is in severe stress because of the Coronavirus lockdown and over-depence on China. The chemical industry, worth $163 billion, which covers more than 80,000 commercial products, is now struggling. India sector ...Read More
Nigerian Government urged to suspend Customs revenue target
The Federal Government of Nigeria has been urged to cancel the revenue target given to the Customs Service. The outbreak of the corona virus pandemic which has caused a decline in the volume of imports, making the target difficult to ...Read More
China keen to import tea from India
China is beginning to recover from the Covid-19 outbreak, and is now making import enquiries purchase for exports of black-tea shipments from India. The Indian trade is concerned about the spread of the virus at home, which may disrupt production ...Read More
Indian producers request ban on import of silk from China
The Khadi and Village Industries Commission has contacted the commerce ministry of India, requesting a ban on import of silk and silk products from China. India is the second largest producer of silk in the world after China. "The import ...Read More
Royal Enfield exports from India
Year to date figures show that exports of Royal Enfield motorbikes from India witnessed 95 per cent growth. The company expanded its reach in the domestic and international markets. During the last quarter (Q3 FY2019-20), Royal Enfield added seven new ...Read More
Mango exports from India decline
Alphonso mango exports from the region of Maharashtra in India are on the decline. These mangoes have a Geographical Indication (GI) tag, which is used on products with a specific geographical origin indicating quality and distinctiveness. GI may become a ...Read More
Grape exports hit by COVID-19
The new strain of coronavirus, COVID-19, has reportedly impacted grape exports from the India. A horticultural production organisation in India said that most countries had become cautious about imports. “Countries in the Gulf, such as the U.A.E, which used to ...Read More
India Coffee exports fall 17% from January 1
India’s coffee exports are likely to fall this quarter because of a shortfall in the crop and a reduction in the government export incentive. Coffee Board figures show a 17 per cent drop from last year in exports from January ...Read More
China coronavirus not affecting seafood exports
The Marine Products Export Development Authority in India said last week that seafood exports to China will not be affected by coronavirus. Approximately 500 exporters are exporting seafood from India to China;exporters have not raised any issue about exports on ...Read More
India grape exports expected to improve
Exporters in India said that lack of availability of quality grapes had resulted in a fall in exports. January was slow for the export of grapes, and overall exports from the country fell. As compared to the 600 containers (each ...Read More
Tags: containers, exports, India
Sugar exports from India increasing
Although domestic sugar production in India during the current 2019-20 crushing season fell by 30 per cent, mills have signed sugar export contracts worth 2.5 million tonnes so far. Quoting market information, Indian Sugar Mills Association (ISMA) said on that ...Read More
Iranian exports
Khorasan province in Northern Iran exported 245,400 tons of products worth $74m to Afghanistan in the first nine months of the current Iranian calendar year (started on March 21). India (18 percent) and China (8 percent) received the second and ...Read More
India Liquor producers seek to increase exports
An industry body in India which represents liquor manufacturers is asking for government support to increase exports of alcoholic beverages. The body said that the ministry should not give major duty concessions to regions like the EU as it will ...Read More
India increases income from tea exports by 10%
Up until the end of October 2019, India has earned 10.41 per cent more than last year from tea exports. This was because of a 9.52 per cent increase in the price, even though volume fell marginally, according to data ...Read More
Marine exports to China may exceed $1-billion
Marine exports from India to China may exceed $1 billion by the end of the year. A trade delegation from China visited India on 9 October 2019, and signed a contract for imports of marine products worth $500 million in ...Read More
India’s rice exports drop
Rice exports from India in August fell 29% year-on-year to 644,249 tonnes. One of the main reasons was weak import demand from African countries for non-basmati rice. "West African countries have imported a lot from China and don’t need to ...Read More
Basmati exports growth slowing
Exports of basmati rice from India are expected to slow down after two years of increases. There is uncertainty over the level of exports to Iran and probably a reduction in average export sales. Basmati rice exports are expected to ...Read More
Indian exports
The Finance minister of India has announced a series of measures to boost exports. Since the beginning of the decade, exports from India have grown at an annual average of just 4%. Recovery has been intermittent. In the previous financial ...Read More
Leather exports from India decline
Exports of leather and leather goods from India have been on a declining trend since 2014-15. Global demand for leather imports has shrunk, and it has been difficult to obtain raw materials. In 2014-15, India had exported leather and leather ...Read More
Turmeric Exports from India affected by sanctions
Indian turmeric exports have been affected by the US sanctions against Iran, which is the largest importer of the spice from India. “In the absence of Iran, there are no big orders for Indian turmeric. Bangladesh is now buying but ...Read More
Chickpea exports from Australia down
Australian chickpea exports in May totaled 27,288 tonnes, a reduction of 37pc from the April total of 43,134t, according to the latest data from the Australian Bureau of Statistics (ABS). This reduction reflects reduced tonnage shipped to Bangladesh, which is ...Read More
Kesar mangoes from Valsad shipped by
For the first time Kesar mangoes from the Valsad area of India have been shipped by sea to the UK. The mango exports always previously travelled by air, but air freight costs have become so expensive that it was decided ...Read More
Concern about fraudulent imports of cashew kernel
Cashew processors and exporters in India are worried about the sharp increase in fraudulent imports of cashew kernels. India produces 6-7 million tonne of raw cashews per year and until recently was the leading exporter of kernels to the global ...Read More
Knitwear exports from India
Knitwear exports from India during April 2019 are on the increase which is a very encouraging sign, said the chairman of India International Knit Fair. India now has an advantage because the United States (US) imposed import tariffs on some ...Read More
Drug exports from India rise on disruption in China
Exports of bulk drugs from India have been growing in double digits during the financial year 2019. This period that was marked by drug shortages in the global market because of supply disruptions in China. The domestic market in India ...Read More
Exports from India reach all-time high
Exports from India in 2018-19 reached the highest in value for any financial year as India took advantage of the trade war between the US and China. Exports grew more than 9 per cent over the last financial year. Imports ...Read More
India wants to increase Exports To China
The commerce ministry of India has called a meeting of stakeholders, including export promotion councils, on April 5 to discuss ways to increase exports to China. Participants would include officials from the agriculture ministry, Agricultural & Processed Food Products Export ...Read More
Tractors exports soar 130% in January
An integrated tractor manufacturing plant in India exports tractors to over 100 countries; it can also offer customised produts to farmers. “We are extremely delighted to register the unprecedented growth of 130% in exports. This phenomenal growth is accredited to ...Read More
Indian importer buys 130 MT of blueberries
A fresh fruit importing firm in India is importing 130 MT different varieties of blueberries for its urban Indian consumers. These fruits are being imported for use mainly in Delhi, Mumbai, Bangalore, and Ahmedabad. Blueberries are said to have very ...Read More
Jordan’s exports increase by 10%
Exports by members of the Amman Chamber of Industry (ACI) increased in 2018 by 10 per cent. The rise was attributed to the recent relative stabilisation in the region. The Chairman of the Jordan Chamber of Industry expressed hope that ...Read More
India starts grape exports early this season
Export of grapes from India has started early this year; approximately 300 containers left India early in December. The unit president of the Grape Growers Association said that exports are destined for Russia, Malaysia and the Middle-East. The export season ...Read More
Tags: containers, exports, India, russia
India exporters request support to boost exports
A new agriculture export policy has been announced by the government of India. An Exporters' Welfare Association said this will not be of much help in boosting exports of fruits and vegetables, unless various government departments dealing with such exports ...Read More
Iraq wishes to resume tea imports from India
Iraq wants to resume import of orthodox teas from India; the import trade was stopped eight years ago due to geopolitical tensions. A delegation from the Trade Promotion Council of India recently went to Iraq and found that importers wished ...Read More
Fishermen demands fish imports ban lifted
The Fishermen Congress of India have demanded that the government of Goa should lift the ban imposed on imports of fish from other states. The ban was imposed by Goa Health Department’s Food and Drugs Administration section. The FDA has ...Read More
Apple exports from Turkey take off
The Turkey West Mediterranean Exporters Association (BAIB) say that west Mediterranean Turkish growers have exported 21,900 tons of apples to 31 different counties in the first 9 months of 2018. This represents a dramatic increase of 564% from last year ...Read More
Exports to benefit from robust US growth
The robust US growth is expected to help Indian exporters, according to the Indian press. “With the US, India’s largest destination for merchandise exports, showing a robust economic growth, its best in the last four years, Indian exports hold a ...Read More
Commerce ministry in India aim to increase exports
In India the Commerce ministry is focusing on nine sectors, including pharmaceuticals, food processing and textiles, to boost exports in the current financial year. The ministry is aiming for a minimum growth rate of 16 percent in exports. Last week, ...Read More
Basmati traders expect robust exports
Exporters of basmati rice in the Punjab and Haryana areas of India are unfazed by the recent incessant rains which damaged paddy. They hope to maintain the increase in exports which started from July this year. "The rain damaged 'Pusa-1509'; ...Read More
Afghanistan’s exports worth $56 million
Afghan officials say that exports worth around 56 million US Dollars have been shipped to various countries via air corridors. The head of Public Relations said the exports have continued over a period of almost a year, since establishment of ...Read More
Rice bran oil: exports on the rise
Rice bran oil from Bangladesh is gradually improving its exports thanks to manufactures' efforts to sell the antioxidant-rich edible oil abroad. The country exported more than 20,000 tonnes of rice bran oil for the second consecutive financial year in 2017-18. ...Read More
Meeting to focus on banana exports
The National Research Centre for Banana in India focussed its Foundation Day on banana exports. It teamed up with Agricultural and Processed Food Products Export Development Authority and a banana producer to export bananas through sea ports last year.The post-harvest ...Read More
Mango growers advised to focus on exports
The Indian Industries Minister said that mango growers should focus on galvanising their business by exploring means of capturing external markets and exports to ensure internationally viable trade. The Minister was giving cheques to the mango growers near Chittoor. As ...Read More
Exports must be a priority for India
A major Indian CEO has said that the Indian economy cannot survive without exports. Citing the example of 13 percent growth for China in 2016 with the country’s exports contributing more than 37 percent to the economy during the period, ...Read More
EU countries vote on steel import restrictions
European Union countries were due to discuss on July 5 measures proposed by the European Commission to restrict steel imports into the bloc. The Commission proposed a combination of a quota and a tariff to prevent a surge of steel ...Read More
Bengal state intends to double exports
The state of Bengal in India has a strategy to double exports in three years. The State finance minister said exports from Bengal in the last financial year stood at $9.15 billion, a growth rate of 11.17 per cent over ...Read More
UK exports to Emerging 7 could be higher
The UK could benefit from £10bn worth of exports a year to a group of emerging economies, according to a study by Standard Chartered bank. Annual UK exports to the 'Emerging 7' (China, India, Pakistan, Nigeria, Bangladesh, Vietnam and Indonesia) ...Read More
Record India soybean imports
Traders overseas have signed deals to export up to 100,000 tonnes of soybeans to India since December, shipping mainly from the African countries of Ethiopia and Benin, with which India has concessional import duty agreements. India's soybean imports have hit ...Read More
Indian bicycle hub threatened by imports from China
Cheap imports from China are threatening the survival of Ludhiana’s bicycle industry in western Punjab. Once one of the leading manufacturing hubs in India, the town’s most famous industry is becoming only an assembly point for bike imports smuggled in ...Read More
Spice exports from India rise 24%
India exported 5.57 lakh tonnes of spices and spice products worth Rs. 8,850.53 crore during April-September 2017, compared with 4.5 lakh tonnes of exports worth Rs. 8,700 crore during the same period a year earlier. This is an increase of ...Read More
Tea exports from India increase 6.6 pct
India's tea exports in the first ten months of 2017 increased by 6.6 percent from a year ago. Iran and China increased their imports of tea from India,the state-run Tea Board said in a statement lastg week. Iran imported 20.98 ...Read More
India cotton exports to drop
India is likely to export nearly one-fifth less cotton than estimated as pink bollworms are expected to eat into the south Asian country's output. Lower exports from the world's biggest producer will help its rivals like the U.S, Brazil and ...Read More
India begins anti-dumping investigation into paper imports
India has initiated an anti-dumping probe into imports of paper from Indonesia, Thailand and Singapore following complaints from some domestic companies. Various companies have filed an application before the Directorate General of Antidumping and Allied Duties (DGAD) for initiation of ...Read More
Exports helping Norfolk traders
According to the latest report from the Norfolk Chamber of Commerce, manufacturing businesses had an improvement in export sales from 11% to 27% and export orders from 7% to 27%. Concern over exchange rates increased, with 76% of firms surveyed ...Read More
India’s coffee exports up 9.36%
Coffee exports from India, Asia s third-largest producer and exporter of coffee, increased by 9.36 per cent to 3,76,873 tonne in the year ending September 2017, buoyed by higher global prices, according to state-run Coffee Board. The country's export coffee ...Read More
Pharmaceutical exports from India decline
Pharmaceutical exports from India registered a negative growth of 4 per cent during the first five months of the current financial year, owing to increased regulatory issues and pricing pressure. According to the Director General of the Pharmaceuticals Export Promotion ...Read More
Tea exports from India rise 4.6%
In spite of the loss of exports on account of the prolonged closure of the Darjeeling tea estates, India’s tea exports have increased 4.6% by volume duringthe first seven months of 2017. Two countries where Indian teas made major inroads ...Read More
Shrimp demand may increase seafood exports from India
Seafood exports from India could exceed $6 billion in the current financial year, driven by demand for shrimps in the global market. In 2016-17, India exported $5.78 billion worth of marine products. Cultured shrimps amount to about 70% of the ...Read More
Indian spices exports at all-time high
Exports of spices and spice products from India have touched an all-time high during 2016-17, said the Commerce and Industry Minister Nirmala Sitharaman recently. Spices exports from the country have touched Rs. 17665 crore in the year, compared with Rs ...Read More
Gems & jewellery exports rise
India gems and jewellery exports from India rose by over 11 per cent to $6.78 billion during the first two months of the current financial year. In April-May last year, the sector's exports amounted to to $6.1 billion, according to ...Read More
Furnace closures in China increase scrap exports
The closure of dangerous induction furnaces in China has caused flows of displaced steel scrap exports to India, Japan, South Korea and Taiwan, despite the country’s 40% export duty. A delegate told the Bureau of International Recycling (BIR) conference in ...Read More
US may put emergency tariffs on solar imports
The United States has notified the other 163 members of the World Trade Organization that it is considering imposing emergency "safeguard" tariffs on imported solar cells. There is a global battle to dominate the solar power industry, which has grown ...Read More
Indian Export recovery on stream
The Indian export sector started the last financial year badly, with exports falling by 6 percent in the very first month. By the end of the year the sector has distinctly reversed the trend, growing for seven months in a ...Read More
India celebrates 10 years of mango exports to Japan
The country will be close to completing a decade of export of the famed Alphonso mangoes to Japan this season, the Maharashtra State Agriculture Marketing Board (MSAMB) said. The first export consignment for the season has already left, and more ...Read More
UK car exports to India grow 11-fold in 7 years
Export of cars from Britain to India grew almost 11-fold in the past seven years with Land Rover and Jaguar models topping the best selling list, according to UK's Society of Motor Manufacturers and Traders. On the other hand, imported ...Read More
India Imports More Wheat
Wheat production in India will probably fall short of a government forecast, causing the world’s second-biggest grower to import a large quantity amid declining domestic inventory. Imports in 2017-18 may total 2 million tons, the second highest level in 11 ...Read More
Afghan dried fruit, herbal exports up
Officials of the Afghanistan Chamber of Commerce and Industry (ACCI) last week claimed an increase in the export of dried fruit from the province of southern Kandahar. They said that the quality of dried fruit had driven up demand in ...Read More
Pakistan puts cotton imports from India on hold
Pakistan has suspended cotton imports from its top supplier, India, because the shipments failed to fulfil phyto-sanitary certification. Traders say it is possible that rising hostility between the neighbours might have prompted Pakistan to restrict imports. This will help other ...Read More
Chinese firm exports transistor chips to India
The leading locomotive maker in China said last week that it has made its first bulk export of eight-inch transistor chips to India for upgrading the transformers of 100 electric locomotives to make the electric trains more energy-efficient. The state-run ...Read More
India’s Exports Showing Signs of Recovery
Container shipping companies, which handle about 55 percent of India's merchandise trade, say exports volumes are picking up. The improvement they have witnessed is starting to show in official exports figures, which in September rose at the fastest pace in ...Read More
Monsoon Rainfall Seen Trimming India Imports
India may import less sugar than predicted three months ago, after global prices surged to a four-year high and the first normal monsoon in three years boosted the outlook for domestic crop. Imports may total 1.25 million metric tons in ...Read More
Basmati exports from India on credit banned
Basmati rice exports are likely to be affected temporarily by a ban on their export on credit. The Agricultural and Processed Food Products Export Development Authority (Apeda) has restricted exporters from shipping basmati on credit, known as 'document against acceptance' ...Read More
Olive oil imports likely to rise 20% in 2016-17
India's olive oil imports are expected to rise 20 per cent to 13,500 tonnes this financial year, on the back of rising demand in large conurbations, a top Indian Olive Association official said. The country had imported 11,106 tonnes of ...Read More
Gold exports from India drop
Exports of gold jewellery contracted by 25.13 percent to $1 billion during the first quarter of the financial year, from $1.36 billion a year ago. Exports of gold medallion and coins too fell by 9.51 percent to $1.48 billion. The ...Read More
India leads China in pharma exports
India has maintained its lead over China of pharma exports, according to a statement by the ministry of commerce and industry. The country’s pharma exports rose 7.55%, from 2014 to 2015. China’s pharma exports rose 5.3% from $6.59 billion to ...Read More
South Africa aims to boost exports to India, France
Trade and Industry Minister of South Africa, Rob Davies says the country will use the up-and-coming state visits involving India and France to boost trade and investment, in a bid to boost exports to those markets. The Minister also said ...Read More
World’s Biggest Coal Producer Exploring Exports
Coal India Ltd., the world’s largest producer, is exploring options to export the fuel amid rising production and mounting stockpiles. The state-run miner, which produces the bulk of the country’s coal, is “exploring avenues to export” amid record production, Coal ...Read More
India’s apparel exports to decline 5%
India's apparel exports are likely to decline by five% during the first quarter (April-June) of the current financial year. This is because of the global economic slowdown and uncertainty over recovery. Apparel export was $4 billion in the same quarter ...Read More
India doubles grape exports to Europe
Exports of grapes from India touched an all-time high in 2015-16, with exports to Europe more than doubling compared to that in the previous financial year. At the same time, India became an importer of many other commodities such as ...Read More
Onion exports from India fall 6.75%
Onion exports fell by 6.75 percent to 8.28 lakh tonnes in the first ten months of 2015-16 because of restrictions on the overseas sale of this key vegetable. However, in terms of value, exports rose over 35 percent to Rs ...Read More
India’s wheat imports to hit decade high
India’s 2016/17 wheat imports are expected to increase more than five-fold to the highest in a decade, as a severe drought and unseasonal rains push domestic output down to the lowest since 2011. A spike in overseas purchases by India, ...Read More
India spice exports drop 6% in April-December
India's spice exports fell by 6.26 per cent to 6,03,885 tonnes during April-December 2015-16 on sharp decline in shipments of spice seeds and cumin. But in value terms, the spices exports increased to Rs 11,453.99 crore in the first nine ...Read More
Dairy segment gets Russia exports boost
India’s efforts to boost falling farm exports has got a boost as Russia has agreed to drop a stringent condition which was obstructing Indian exports of dairy products to that country. Once formalities are completed, major dairy producers like Amul ...Read More
Environmentalists wants freight corridor realigned
There is strong opposition to the Delhi-Mumbai Freight Corridor, because it will cause large-scale tree-felling at Sanjay Gandhi National Park. Environmentalists are demanding that the corridor be realigned. The freight corridor, which is part of the Delhi-Mumbai Industrial Corridor, is ...Read More
Mango exports in Maharashtra may see 15% jump this year
After a disappointing 2015 due to the vagaries of climate, mango growers in the state of Maharashtra in India are hoping for a 15 per cent increase in exports this year. Although the European Union lifted ban on imports of ...Read More
Work on Indian dedicated freight corridor begins
Work has commenced on the Rs 4328 crore project to build the 320-kilometre stretch of the western dedicated freight corridor. This will be a dedicated freight line connecting Delhi and Mumbai, and is expectedto be completed within 48 months. "This ...Read More
Tags: freight, India, rail freight
Coffee exports drop from India
India's coffee exports declined marginally to 3,00,522 tonnes in the 2014-15 marketing year due to multiple factors, including drop in global prices, according to the Coffee Board. Exports stood at 3,03,250 tonnes in the previous year. The coffee marketing year ...Read More
India’s biggest Jewellery exporter has designs on Europe
India's biggest jewellery exporter has informed the Bombay Stock Exchange that it plans to market designer jewellery in Europe and North America. The jewellery exporter said in a filing to the Bombay Stock Exchange that it has developed a special ...Read More
Asian imports of Iran oil fall slightly in July
Asian imports of Iranian oil fell slightly from a year ago in July, after a landmark agreement on Tehran's disputed nuclear programme that may pave the way for an increase in crude exports as early as next year. Imports by ...Read More
Pulse imports to India set new record this year
Indian importers are looking for huge quantity of chickpeas, yellow peas, pigeon peas (tur) and black matpe (chana) from Australia, Canada and other countries. Lower prices are expected, which is prompting importers to sign early contracts. Imports are being ordered ...Read More
Marine product exports from India raises huge foreign exchange
The ministry of commerce and industry in India has stated that during the financial year 2014-15, exports of marine products reached an all-time high of $5511.12 million. Marine product exports crossed all previous records in quantity, rupee value and USD ...Read More
India onion exports fall
Onions from India have gained fame worldwide for their pungency and good quality. In the last five years, however, erratic weather and shifting policies on export have left the country behind others. Countries such as China and Pakistan are fast ...Read More
India’s plan to curb steel imports could hit small mills
Steps by India to protect its large steelmakers from a flood of cheap imports could end up closing scores of small, local firms that process the metal, industry analysts and executives said. These processors currently buy imported steel at up ...Read More
Indian Poultry Industry Demands Soybean Imports to Compete with USA
The Indian poultry industry has demanded permission to import at least one million tonnes of soybean meal, to help them deal with the impending competition of cheaper imports of chicken legs from the USA. Producers think this will help the ...Read More
India signs biggest wheat imports deal in a decade
India has signed the biggest wheat import deal in over a decade, despite surplus stocks at home, with a deal with Indian flour millers and the local units of global trading giants to import 5,00,000 tonnes of premium Australian wheat ...Read More
India’s sugar exports may double
Sugar exports from India may double as farmers prepare to harvest the third-biggest crop ever, extending the country’s surplus for a sixth year. Farmers will be shipping 2 million metric tons in the 12 months starting October 1, according to ...Read More
Complex procedures delay imports
Lack of standard norms for clearance of inbound shipments at ports coupled with complex procedures lead to inordinate delay in imports,the government auditor of India said earlier this week. "It was seen that the procedural complexities and consequent delays in ...Read More
Railway freight scam in India
Country-wide surprise inspections in India have brought to light multi-crore irregularities at the Electronic In-Motion Weigh Bridges (EIMWB) where systematic manipulations in weighing freight has been detected. The surprise checks revealed an intricate web of railway officials and private vendors ...Read More
Tags: freight, India, rail freight
Indian Wheat imports hit five-year high
India has purchased some 80,000 tonnes of Australian wheat in recent deals, the biggest amount of such imports by Asia's third-largest economy in five years. The imports were necessary after unseasonal rains damaged the crop in the Indian subcontinent. Imports ...Read More
Cotton exports to fall as China curbs buying
Cotton exports from India, the world's second-biggest producer and seller, are expected to fall 41 percent to 7 million bales this crop year, ending on Sept. 30 as top importer China curbs purchases, the Textile Commissioner of India said. Last ...Read More
Buffalo meat exports decline
Buffalo meat exports from India are likely to fall, due to traders’ reluctance in bringing animals for slaughtering in registered abattoirs following a ban on certain kinds of cattle in Maharashtra and Haryana. The other big challenge for Indian exporters ...Read More
Indian Government prepares China export strategy
Concerned about the widening trade deficit with China which is expected to surpass $40 billion this financial year, the Commerce ministry of India is preparing an export strategy identifying specific products to boost outbound shipments to the neighbouring country. "The ...Read More
Indian mango imports to EU to resume
A ban on Indian mango imports into the European Union will be lifted, clearing the way for them to return to the UK and other EU member states. But imports of other foodstuffs such as Indian aubergines, two types of ...Read More
India Asks For Protection Against Cheap China Imports
Indian industries are seeking a limit on imports from China and a string of other measures to give local manufacturers a chance against a tidal wave of cheap Chinese imports. Industry players also urged a policy on import substitution, the ...Read More
Indian Railways’ freight traffic up 4.2%
The Indian railway has registered an increase in freight traffic during the six months between April and September this year compared with the corresponding period last year. According to data published by the Rail Ministry, marking an increase of 4.2 ...Read More
Apparel exports from India expected to increase
India's cotton and apparel exports are expected to climb by around 10 percent this year as higher wages, political instability and concerns about workplace conditions in other markets lead international buyers toward Indian exporters, industry officials said. The rise in ...Read More
India – PM says port development will increase exports
IndianPrime Minister Narendra Modi said development of ports is essential to promote exports from India and take the 'Made in India' brand global. The recently elected PM was speaking as he laid the foundation of a special economic zone (SEZ) ...Read More
Exports essential to India
As the Indian Prime Minister laid the foundation of a highway connecting the country's biggest container port to the hinterland, he emphasised repeatedly that if India wants to focus on exports it needs to focus on port-led development. "Port development ...Read More
India – Duty on solar gear won’t reduce imports
In a setback to the Indian government's bid to encourage domestic solar cell industry, solar power project developers have said that they would continue to import solar cells from different countries and would not source domestically, even if an anti-dumping ...Read More
Nepal Pashmina exports rebound
Nepali pashmina exports are doing well again in the international market despite facing stiff competition from other countries, said traders. Manufacturers had been trying to boost business and come out of an extended slump by creating new design ranges, and ...Read More
Nepal concentrates on quality exports
According to the Nepali pashmina industry, shawls, stoles and scarves in natural, multi-colour and artistic designs are the most popular Nepali products among importers. The country’s industry had plunged into a prolonged downturn after some traders began shipping poor quality ...Read More
India: Officials support Dedicated Freight Corridors
The future of the railways in India for the next five years will depend on how quickly it can activate three major projects — the east and west dedicated freight corridors (DFCs), transport of coal from three areas with huge ...Read More
India Railways should focus on freight
The new Prime Minister of India has promised significant investment in the railway infrastructure, so there is now a chance for real reform. The Railway needs to shift the focus to freight: in 1950, 90 per cent of India's freight ...Read More
Bhubaneswar State, India targets 10% export growth
The state government aims to achieve annual growth rate of 10% in exports from 2014-15 and has prepared a draft policy for it. The draft export policy has proposed several initiatives like business to business (B2B) exchange, district-level export promotion ...Read More
Record cashew exports from India
Cashew exports rose to a record high last financial year in volume and value compared with the previous year. Total exports during 2013-14 increased by over 13 per cent to 1,13,620 tonnes from 1,00,105 tonnes. “Performance in all the segments ...Read More
New foreign trade policy to boost exports from India
The Indian government has said that a new Foreign Trade Policy will focus on ways to boost India's exports, and reduce dependence on imports. "India being part of WTO cannot only think in terms its export promotion without equally supporting ...Read More
Record Buffalo meat exports from India to China
Though China has yet to formally open its doors to buffalo meat exports from India, a threefold rise (in dollar terms) in exports routed through Vietnam has lifted traders. China has, in principle, decided to allow direct imports, but the ...Read More
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