Engineering goods export to Russia hits record high as Ukraine war enters its third year
Despite lack of a smooth payment mechanism between India and Russia
Source: indianexpress.com
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Engineering goods exports to 23 key countries record positive growth in April
Among the top 25 export destinations including the US, China, Germany and Italy, negative growth was seen only in the case of Malaysia and Singapore.
Source: indiatimes.com
Engineering goods exports jump sharply in April
Engineering goods exports jump sharply in April SECTIONS Share Synopsis As per preliminary government data, India’s merchandise exports in April 2021 was US$ 30.21 billion, up 197.03% over US$ 10.17 billion in April 2020 and an increase of 16.03% over US$ 26.04 billion in April 2019. The WTO has revised its projection upward and expects the global trade volume to increase by 8% in 2021. Engineering goods exports zoomed 234.63% in April 2021 indicating that recovery in outbound trade is well on track and outlook remains positive. While sharp jump in shipments is primarily on account of low-b...
Source: indiatimes.com