Despite the overall downturn, specific segments such as Gold and Silver segments displayed growth
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India’s total exports during April to May 2024 is estimated at USD 133.61 billion
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Overall trade deficit significantly improved from USD 121.6 billion in 2022-23 to USD 75.6 billion in 2023-24
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"At present, there is no proposal to alter the duty structure on imports of wheat" said the ministry in a statement.
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While 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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Steel demand has been buoyant in India, the world's second-biggest crude steel producer, as the country remained a bright spot globally with robust demand from its construction and automotive sectors
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The government though did not give any reasons behind such move.
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Key Apple suppliers, particularly Foxconn, have bolstered their supply chains, contributing to this export success
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For India, special economic zones (SEZs) are important hubs of export, contributing to over one-third of the country's total exports in the previous fiscal year
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Already holding operational rights at the Chabahar Port in Iran and the Sittwe Port in Myanmar, India seeks to further solidify its strategic footprint across the Indian Ocean by adding Mongla Port to its portfolio
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