Page 2 - India Export News Today

Indian Manufacturing Reports: India has emerged as a winner in global manufacturing, with its exports to the US increasing by $23 billion, a 44% rise from 2018 to 2022. In contrast, China experienced a 10% decline in exports to the US during the same period. This shift in manufacturing and sourcing occurred due to trade wars, the pandemic, geopolitical tensions, and supply bottlenecks.

India has emerged as a winner in global manufacturing, with its exports to the US increasing by $23 billion, a 44% rise from 2018 to 2022. In contrast, China experienced a 10% decline in exports to the US during the same period. This shift in manufacturing and sourcing occurred due to trade wars, the pandemic, geopolitical tensions, and supply bottlenecks.

Indias tax on parboiled rice exports has led to a halt in trade activity. However, it is expected to restart after the duty becomes nil post-Oct. 15. The prices for 5% broken parboiled rice in India remained near a record high, while Vietnamese and Thai export rates eased slightly. The prices for 5% broken rice in Thailand and Vietnam have dropped due to a weaker baht and lower demand from the Philippines.

India Export: Indias tax on parboiled rice exports has led to a halt in trade activity. However, it is expected to restart after the duty becomes nil post-Oct. 15. The prices for 5% broken parboiled rice in India remained near a record high, while Vietnamese and Thai export rates eased slightly. The prices for 5% broken rice in Thailand and Vietnam have dropped due to a weaker baht and lower demand from the Philippines.

Nvidia has partnered with Reliance Industries and Tata Group to establish AI infrastructure in India. The partnership with Reliance aims to provide AI

According to a GTRI analysis, exports of goods and services rose by 1.5 per cent to $385.4 billion during January-June this year, as against $379.5 billion in January-June 2022.

The Deputy Chief Executive Officer of the Ghana Export–Import Bank (GEXIM), responsible for Finance and Administration, Mrs. Nana Akyaa...

India Business News: NEW DELHI: India's exports contracted by 22%, the steepest decline in the last three years, to $32.

India's overall exports, both merchandise and services combined, in June 2023 are estimated to be USD 60.09 billion, registering a decline of around 13 per cent from June 2022, official commerce ministry data revealed on Friday.

In a meeting called by the Ministry of Commerce & Industry this week, EEPC India chairman Arun Kumar Garodia discussed various recommendations in the strategy paper to boost Indias engineering exports. Pursuing new free trade agreements (FTAs) with emerging countries in Latin America and Africa, a scheme to support MSMEs in research and innovation, setting up a domestic shipping line, and global branding of Indian products were among the key suggestions.