Page 5 - Export Policy News Today

The policy of government has been to promote industrial activities through competition among local auto manufacturers leaving market forces to determine open market value in the automotive industry.

In a significant move to regulate the export of non-basmati rice, the Government of India, through the Directorate General of Foreign Trade (DGFT), has issued Notification No. 20/2023. The notification, which comes into immediate effect on 20 July 2023, introduces an amendment to the Export Policy of non-basmati rice under HS Code 1006 30 90.

The data shows 2,77,419.98 metric tonnes (MT) was supplied in June 2023, which is 216% more than 87,778.81 MT in the same month of 2022.

Export diversification still a far cry

Explainers: Why India Banned Export of Non-Basmati White Rice? India banned the export of non-basmati white rice on July 20, 2023. The drought has affected the production of rice in India which is the world's second-largest producer of rice, NRIs bringing home dozens of rice bags as India bans exports,

However, interestingly, Basmati rice which doesnt fall under the ban is also being hoarded by the people. | World News

KARACHI: Marking a historic turning point, Indus Motor Company (IMC) has become the first auto manufacturer to open...

Becomes first-ever auto-manufacturer to enter global supply chain market

Deal comes when Pakistans auto industry grapples with inventory shortages amid import constraints

Agreement signed, Ali Asghar Jamali says 'too early' to deem it turning point for struggling auto sector