Tag: india export

Strong rebound in exports, but import bill hits all-time high in October

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Strong rebound in exports, but import bill hits all-time high in October

“India’s strategy of focusing on certain sectors and countries was now yielding results, along with its approach to industrial policy, trade policy, and foreign policy, and manufacturing competitiveness had improved,” said Commerce Secretary Sunil Barthwal. File India’s goods exports, that had clocked an anaemic 1% uptick in the first half of 2024-25, began the second…

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Business

Strong rebound in exports, but import bill hits all-time high in October

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Strong rebound in exports, but import bill hits all-time high in October

Between April and October, India’s non-petroleum exports surged to the highest ever tally of $211.3 billion, Commerce Secretary Sunil Barthwal said. File | Photo Credit: Reuters India’s goods exports, that had clocked an anaemic 1% uptick in the first half of 2024-25, began the second half on a strong note with October shipments jumping at…

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Business

India Registers Record $778 Billion Export In 2023-24: Report

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India Registers Record 8 Billion Export In 2023-24: Report

Both merchandise and services exports declined during the financial year. (Representational) New Delhi: India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion. In break up, services exports rose from USD…

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Nation

Watch | Trade diplomacy | What’s the status of India’s Free Trade Agreements?

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Watch | Trade diplomacy | What’s the status of India’s Free Trade Agreements?

As India signs a Free Trade Agreement with 4 European Nations, is there hope for other negotiations- from the UK and EU to Oman, Gulf and Eurasian countries? Do FTAs help increase trade substantially? And are they a challenge to the global economic order under the WTO- Up ahead, an interview with Irish Trade minister…

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World

Business Matters | What can India learn from countries like Vietnam to become an export giant?

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Business Matters | What can India learn from countries like Vietnam to become an export giant?

Like with the last episode of Business Matters, this one too was triggered by a headline I saw in an article: “India fears losing out to China in smartphone exports race”. This Reuters piece cited IT Minister of State Rajeev Chandrasekhar’s letter dated January 3 to Finance Minister Nirmala Sitharaman expressing fears that India’s high…

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World