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Exporters’ meet held in Ahmedabad.
Dec 06, 2023
CM Bhupendra Patel presided over ‘Export Accelerate’, a pre-VGGS event held in Ahmedabad on Tuesday. At the event, Patel said that PM Narendra Modi’s ‘Vocal for Local’ call is now evolving into ‘Local Goes Global’. Industries minister Balvantsinh Rajput said that exports from Gujarat have increased 24-fold in the past two decades. A number of businessmen and industries engaged in export of products participated in the event.
At COP28, India needs to flag misconception that exports, imports add to global carbon emissions: GTRI
GTRI think tank urges India to raise the misconception that trade significantly contributes to global emissions at COP28 in Dubai. While trade-related activities account for only 3% of global greenhouse gas emissions, transportation and production of goods are often mistakenly attributed to the trade process, inflating its perceived environmental impact. GTRI also suggests that the WTO focuses on regulating trade rather than overreaching into areas better managed by specialized agencies, such as the IMO's efforts in decarbonizing global shipping. Additionally, India should highlight potential conflicts between the Carbon Border Adjustment Mechanism (CBAM) and the Paris Agreement's emission reduction goals.
Mahindra sales up 32 percent in Nov '23 at 39,981 units, exports fall significantly
Mahindra's sales figures for November 2023 reveal a healthy demand during the festive season, with a total of 70,576 units sold, marking a 21 percent growth compared to the same period last year. In the domestic market, sales in the passenger vehicle segment reached 39,981 units, a 32 percent increase from November 2022. The commercial vehicle segment recorded 22,211 units. Exports, however, declined by 42 percent, with only 1,816 units shipped. In the farm equipment segment, sales rose by 6 percent to 31,069 units domestically, while exports dropped by 25 percent to 1,005 units.
timesofindia.indiatimes.com
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