01 Oct, 2024 News Image UPITS: Fair helps export companies secure orders worth crores of rupees.

Export companies in Uttar Pradesh have experienced a remarkable surge in business, thanks to lucrative orders secured at the Uttar Pradesh International Trade Show held at the India Expo Mart. Many companies reported securing orders far exceeding their expectations, with several startups benefiting from contracts worth crores.


 Source:  timesofindia.indiatimes.com
01 Oct, 2024 News Image US remains top trading partner, export destination for India in Jan-July 2024.

The US has retained its position as India’s top trading partner in the January-July 2024 period with bilateral goods trade surpassing $72 billion and Indian exports growing 9.3 per cent to $48.2 billion. 


 Source:  thehindubusinessline.com
01 Oct, 2024 News Image Russia pips Canada as top yellow peas exporter to India.

Russia has become the largest export of yellow peas to India pipping Canada which has been dominating the market so far, data from the Agricultural and Processed Food Products Exports Development Authority (APEDA) show. 


 Source:  thehindubusinessline.com
01 Oct, 2024 News Image Food Corporation of India (FCI) transforms supply chain management system under Anna Darpan.
As a part of 100 Days Achievements of Department of Food and Public Distribution under Ministry of Consumer Affairs, Food and Public Distribution, the Food Corporation of India (FCI) has embarked on a comprehensive digital transformation initiative to modernize its existing supply chain management system, known as the 'Depot Online System'. 
 

 Source:  pib.gov.in
01 Oct, 2024 News Image Global rice prices drop after India allows white rice exports.

Global rice prices fell on Monday after India, the world's No.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said.


 Source:  reuters.com
01 Oct, 2024 News Image Government extends export benefits under RoDTEP till September 2025.

The government on Monday extended benefits under the RoDTEP scheme for exports made from domestic tariff area (DTA) units for one year till September 30, 2025. The scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) provides for refund of taxes, duties and levies that are incurred by exporters in the process of manufacturing and distribution of goods and are not being reimbursed under any other mechanism at the Centre, state, or local level.


 Source:  economictimes.indiatimes.com
01 Oct, 2024 News Image India targets $1 trillion exports by 2030: Coimbatore DGFT.

India has an ambitious target of exporting goods worth $1 trillion USD by 2030, said Anand Mohan Mishra, Joint Director General of Foreign Trade (DGFT) of Coimbatore, during a seminar ‘Export Finance and Trade Facilitation for the Apparel Industry’ in Tiruppur on Saturday.


 Source:  newindianexpress.com
01 Oct, 2024 News Image India will take a multi-pronged approach to boost exports: Piyush Goyal.

In an exclusive interview ahead of his US visit, Commerce and Industry Minister Piyush Goyal discussed wide-ranging issues, including India’s export strategy, investment opportunities, key trade partnerships, manufacturing growth, the evolving trade relations with China, and more, with Shreya Nandi and Asit Ranjan Mishra at his office in Vanijya Bhawan.


 Source:  business-standard.com
30 Sep, 2024 News Image India and Bhutan discuss trade, new integrated border check-posts.

India and Bhutan have decided to expedite development of cross-border and connectivity infrastructure, including establishment of an integrated check post in Jaigaon-Phuentsholing and rail-links between Kokrajhar-Gelephu and Banarhat-Samatse, the commerce ministry said on Friday.


 Source:  hindustantimes.com
30 Sep, 2024 News Image Commerce Minister urges industry to promote Brand India through focus on quality.

Marking a decade of the transformative 'Make in India' initiative, Minister of Commerce and Industry, Shri Piyush Goyal, today urged the Indian industry to  focus on prioritizing the production of high-quality goods to promote Brand India through sustainable practices in line with Prime Minister’s vision of Make in India with 'Zero Effect; Zero Defect'.


 Source:  pib.gov.in