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Exports breach $380 bn so far this fiscal; may touch $410 bn in FY22: Union Minister Piyush Goyal
Sat, Mar 12, 2022
The country's merchandise exports have reached over USD 380 billion so far this fiscal till March 7 and are expected to reach USD 410 billion in 2021-22, Commerce and Industry Minister Piyush Goyal said on Friday.
Budget 2022: What is most important to increase exports?
Fri, Jan 21, 2022
There are only a few days left in the announcement of the budget, in such a situation, it is our effort to know about every sector, what are their demands from Budget 2022.
Exports rise 18.8% to USD 20 billion so far in November
Mon, Nov 22, 2021
The country's exports rose 18.8 per cent to USD 20.01 billion during the three week period of this month (November 1-21), due to healthy growth in sectors such as petroleum products, engineering goods, chemicals and gems and jewellery, according to the preliminary data of the commerce ministry.
Tariff-rate quota: India notifies 8,424 tonnes of raw sugar exports to US under TRQ
Fri, Oct 15, 2021
The government on Friday permitted export of 8,424 tonnes of raw or white sugar under tariff-rate quota (TRQ) to the US, which enables shipments to enjoy relatively low tariff.
India exports merchandise worth $774,000 per minute; know interesting data on FDI and GDP here
Thu, Oct 07, 2021
MyGovIndia has posted a series of tweets regarding the achievements of the country across various sectors. In one of its tweets from the official Twitter handle, it said in Hindi that India exports merchandise worth $774,000 per minute.
How exports are contributing to PM Narendra Modi's ambitious 'Aatmanirbhar Bharat' mission
Tue, Oct 05, 2021
Data furnished by the Ministry of Commerce and Industry showed that in comparison to September 2019, last month's exports rose by 28.51 per cent.
India’s exports touch $185 billion till September: Piyush Goyal
Wed, Sep 29, 2021
Union Commerce Minister Piyush Goyal has announced that the country's merchandise exports have reached a whopping $ 185 billion in the first six months of the current financial year.
Beating all Covid-19 odds! India records nearly 22% rise in export of agricultural, processed food products in Apr-Aug
Tue, Sep 21, 2021
It's a major boost to export prospects of agricultural produce as India has achieved a significant increase of 21.8 percent in export of agricultural and processed food products in the 2021-22 (April-August) in comparison to the corresponding period of 2020-21.
Shortage of containers: Govt chalks out plan to tackle crisis, TMA scheme for agri exports extended till March 2022; incentives to steel industry under consideration
Tue, Sep 21, 2021
The central government has prepared a plan to deal with the shortage of containers.
India notifies RoDTEP, scheme rates to cover 8,555 tariff lines
Tue, Aug 17, 2021
India has notified the RoDTEP (Refund of Duties and Taxes on Exported Products) scheme, meant to provide refunds to exporters on taxes and levies borne on exported products.
Centre Notifies RoDTEP scheme guidelines, rates to boost exports, competitiveness - marine, agriculture, leather, automobile, electronics, machinery sectors to benefit
Tue, Aug 17, 2021
Export centric industries are being reformed and introduced to better mechanisms so as to increase their competitiveness, boost exports, generate employment and contribute to the overall economy. This will go a long way in achieving our vision of building an Aatmanirbhar Bharat
BIG achievement for Modi government during Covid 19! EXPORTS increase by 50.45 per cent between THIS PERIOD - check report
Tue, Aug 10, 2021
There has been a big achievement by the Modi government in the midst of COVID-19 pandemic, based on the data from August 1, 2021, to August 7, 2021, the value of export stood at $7.41 billion. This figure reflects an increase by 50.45 per cent over the same period of 2020-21.
India's July YoY exports rise by over 47%
Mon, Aug 02, 2021
"Exports during April-July 2021 were $130.56 billion, up by 73.86 per cent over the same period of 2020 ($75.10 billion) and up by 21.85 per cent over same period of 2019 ($107.15 billion)."
Growth Curve: India's June YoY exports, imports surge as world trade recovers
Fri, Jul 16, 2021
India's merchandise exports last month rose to $32.50 billion, higher by 48.34 per cent over $21.91 billion recorded in June 2020, official data showed on Thursday.
Heranba Industries will maintain a growth rate of 18-20% in FY22: Raunak Shetty
Wed, Jun 23, 2021
Heranba Industries Raghuram Shetty, MD, and Raunak Shetty, ED, talks about the March quarter numbers, expansion plans in Vapi, Demand situation, current capacity utilisation levels, export orders and growth outlook for FY22 during a candid chat with Mansee Dave, Zee Business.
Rates for RoDTEP likely to be announced in 2 weeks: DGFT
Fri, May 14, 2021
Rates for the tax refund scheme for exporters -- Remission of Duties and Taxes on Exported Products (RoDTEP) -- are expected to be announced in the coming two weeks, a senior official said on Friday. Director General of Foreign Trade (DGFT) Amit Yadav said it is working with the finance ministry on the scheme
Another measure to facilitate traders, importers! Central Board of Indirect Taxes and Customs (CBIC) allows this
Sun, May 09, 2021
Central Board of Indirect Taxes and Customs (CBIC) has restored the facility for trade to provide an undertaking in lieu of bond for customs clearance of their goods.
India's exports grew around 60% in March for the first time in a month
Fri, Apr 02, 2021
India’s merchandise exports rose by over 58.2 per cent for the first time ever in a month. It crossed USD 34 billion in March 2021 as compared to USD 21.5 billion in March 2020, a Ministry of Commerce and Industry report released on Thursday said.
Umbrella PLI scheme proposed to replace MEIS, promote domestic manufacturing
Sun, Sep 06, 2020
The government proposes to introduce an umbrella production-linked incentive (PLI) scheme with an allocation of about Rs 40,000 crore to replace the existing Merchandise Exports India Scheme (MEIS) scheme introduced in April 2015 to promote manufacturing and exports of specified goods from India.
Turant Customs: Exporters alert! Secure QR coded Shipping Bill is here from CBIC - All about new customs clearance process
Tue, Jun 23, 2020
This eliminates in one stroke the requirement of the exporters having to approach the Customs officers for proof of export.