Stay Connected. Stay Informed.
Major shipping lines are avoiding the Suez Canal and are rerouting vessels around the Cape of Good Hope, which has increased time and costs for exporters. File | Photo Credit: KK Mustafah Sustained disruptions in the Red Sea route is likely to raise the freight and forwarding (F&F) cost by 25-30% for corporates largely dealing…
Workers packing bananas for export at a packaging unit near Chinnamanur in Theni district, Tamil Nadu. | Photo Credit: KARTHIKEYAN G With successfully exporting a trial shipment of fresh bananas to the Netherlands through sea route, India is now aiming to increase exports of this fruit to $1 billion in the next five years, an…
Read More “India aims at $1 billion fresh banana exports in next 5 years” »
Representational file image | Photo Credit: K.R. Deepak India’s goods exports shrank for the seventh successive month in August, but the pace of decline eased to 6.86% from double digit contractions in recent months, with shipments worth $34.5 billion in the month. The merchandise Import bill for August dropped 5.23% year-on-year to $58.64 billion, but…