On the back of record defence exports in FY23-24, indigenous defence production jumps by 16.7 per cent
Read MoreFederation of Indian Export Organisations proposed that the government extend the Interest Equalisation Scheme (IES) for five years to compensate exporters for a portion of the interest on loans
Read MoreThe Ministry of Consumer Affairs, Food & Public Distribution announced that the stock limit for traders and wholesalers is 3000 metric tons (MT), while for retailers, the limit is 10 MT per retail outlet.
Read MoreThis initiative is part of broader efforts by the Ministry of Consumer Affairs to modernize and streamline foreign trade procedures
Read MoreIn terms of major items of export, Frozen shrimp lead in quantity and value, while the USA and China became the major importers of India's seafood.
Read MoreThe recently released export data revealed that sectors such as electronic goods, drugs and pharmaceuticals, organic and inorganic chemicals, engineering goods, petroleum products, plastics & linoleum, cotton yarn/fabs made-ups ( textiles manufactured), handloom products
Read MoreDespite the overall downturn, specific segments such as Gold and Silver segments displayed growth
Read MoreIndia’s total exports during April to May 2024 is estimated at USD 133.61 billion
Read MoreOverall trade deficit significantly improved from USD 121.6 billion in 2022-23 to USD 75.6 billion in 2023-24
Read MoreWhile CHASE India report outlines the ministry's focus on modernising the armed forces and central armed police forces with advanced weapons, equipment and technology
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