reach USD 400 billion, FIEO President A Sakthivel said.He said the spectacular increase in global

shipments. FIEO President A Sakthivel also said that the order booking position is encouraging till October

Total apparel exports stood at USD 11.13 billion during April-December 2021." Indian apparels have also bounced back.... This is despite the fact that local restrictions impacted operations in the first quarter during the second wave of the pandemic....

It aims to achieve a target of$ 400 billion in the current fiscal year, which is expected to translate into a growth of nearly 38 per cent YoY.... India should ink trade agreements with the UK and UAE soon and finalize trade pacts with Canada and Australia next year, he said. Lack of capacity is one of the major concerns to meet the increasing demand.... Rise in input cost and delays in shipments and payments have resulted in the need for additional credit....

The country's exports surged 49.85 per cent to USD 35.43 billion in July on account of healthy growth in petroleum, engineering, and gems and jewellery segments, even as the trade deficit widened to USD 10.97 billion during the month, official data showed on Friday. Imports during the month also rose by about 63 per cent to USD 46.40 billion, as per the data released by the commerce ministry." The trade balance for July 2021 was estimated at USD(-) 10.97 billion as against USD(-) 4.83 billion in

Recording growth for the seventh month in a row, India's exports rose by 48.34 per cent to$ 32.5 billion in June on account of healthy growth in shipments of petroleum products, gems and jewellery, and chemicals, even as trade deficit stood at$ 9.37 billion, according to the official data. Exports in June last year stood at$ 22 billion and$ 25 billion in June 2019.... In May 2021, outward shipments were worth$ 32.27 billion and$ 31 billion in April this year, the data released by the Commerce M

The Centre will clear all arrears under various export incentive schemes to help exporters address their liquidity concerns.... “ The SEIS for FY 2019-20 with certain revisions in service categories and rates is being notified.... Towards this, an online portal will also be enabled shortly to accept MEIS and other scrip based applications....

The Union Cabinet is likely to approve on Wednesday a production linked incentive( PLI) scheme for man-made fibre segment and technical textiles with a financial outlay of Rs 10, 683 crore over five years to boost domestic manufacturing and exports from the sector, an official said. The proposal is expected to come up before the Union Cabinet meeting on Wednesday, the official added. The Cabinet had earlier approved PLI schemes in 13 key sectors for enhancing India's manufacturing capabilities a

India’s merchandise exports contracted for a seventh consecutive month in August, declining 6.9 per cent year-on-year to$ 34.48 billion, owing to weak external demand, data released by the commerce department showed on Friday.... The government, however, said that exports had started “ stabilising ” and “ greenshoots ” were clearly visible.... While exports and imports have been declining since the beginning of 2023, the pace of contraction has slowed July onwards, the data showed....

RoDTEP aims to refund to exporters the embedded non-creditable central, state and local levies paid on inputs.... Rebates on certain export products will also be subject to value cap per unit of the exported product.... Other sectors such as automobile, plastics, electronics, among others will also be covered....