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Tag: India


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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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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