India exports

India’s Monthly Goods Exports – Current Trend

The Ministry of Commerce and Industry recently released the monthly goods export report of the country. According to the report, in December 2021, India exported 37.29 billion USD of goods. Key Findings of the report The export demand for goods ..

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New Foreign Trade Policy

The Union Ministry of Commerce and Industry recently announced that the new Foreign Trade Policy. 2021-26 is to come into effect from April 1, 2021. What is the goal of New Foreign Trade Policy? To make India a 5 trillion ..

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India’s Rice Exports to Vietnam

Vietnam recently started to buy food grains, especially rice, from India due to its attractive prices. Vietnam has started to import rice from India in spite of the fact that the country (Vietnam) is the third biggest exporter of rice ..

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Khadi Masks gain Global recognition and demand

The Khadi and Village Industries Commission (KVIC) explore the possible option of exporting silk and cotton face masks to foreign countries. This is being done to promote “Vocal for Local”, that was initiated under Atma Nirbhar Bharat Abhiyan. Highlights So ..

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Gold Imports of 2019-20 dip by 8.86% narrowing Current Account Deficit to 143 billion USD

On March 16, 2020, the Commerce Ministry reported that the gold imports for the period April to February (2019-20) has reduced by 8.86% as compared to the previous year. Highlights India is the largest importer of gold in the world. ..

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Indian Railways: First Banana Container Train to boost exports; First High Capacity Parcel Van

With its firsts increasing, Indian Railways has recently launched a high capacity parcel van at Delhi Safdarjung Railway Station. Also, the Indian Railways has launched an exclusive Banana Container train to boost the exports of the fruit. Highlights: Parcel Van ..

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NITI Aayog: List of high export potential medical devices created

The Government Think Tank Niti Aayog draws up list of medical devices that have high export potential. It has come up with 10 devices to provide priority subsidies. It includes surgical blades, orthopaedic implants, catheters, syringes and needles, X-ray machines, ..

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APEDA: Eight States finalise Agricultural Action Plan to boost Exports

On January 5, 2020, the Agricultural and Processed Food Products Export Development Authority (APEDA) announced that eight states namely Maharashtra, Kerala, Uttar Pradesh, Nagaland, Assam, Tamil Nadu, Punjab and Karnataka finalised their action plan to boost agricultural exports. Highlights The ..

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