Rajasthan’s exporters are set for a boom in trade with the United Kingdom. A new Free Trade Agreement will make 99 percent of Indian exports duty-free. This move is expected to boost gems, jewellery, handicrafts, and textiles. Jaipur jewellers foresee tough competition for China and Thailand. The agreement promises to reshape India’s export landscape and […]
India-UK FTA: Rajasthan exporters see boost in gems, jewellery exports
US President Donald Trump signals a trade deal with India is coming soon. This offers hope for Indian exporters facing steep tariffs. However, concerns remain about Mr. Trump’s unpredictable trade policies. India seeks assurances against future tariff hikes. The deal could boost Indian sectors like pharmaceuticals and IT. Predictability is key for long-term investment.
India’s major ports are set for a complete transformation by 2047. The government plans to shift all cargo handling to public-private partnerships. This move aims to boost efficiency and reduce turnaround times. Ports are also becoming green logistic hubs, developing green hydrogen capacity for production, bunkering, and exports. This initiative will create jobs and drive […]
Global shipping major MSC highlights issues at Kerala’s Vizhinjam Port. The company has transshipped over 1.1 million TEUs using manual systems due to the absence of ICEGATE. Crew members cannot disembark due to a lack of immigration facilities. Standardized documentation across Indian ports is also needed. MSC sees significant opportunities in India’s maritime sector.
India’s recent free trade pact with EFTA opens doors for Swiss horology, especially for brands like Breitling. CEO Georges Kern anticipates a surge in profits and investment opportunities within India’s thriving luxury market.
Commerce and Industry Minister Piyush Goyal stated that his recent talks with the EU have significantly reduced outstanding issues, paving the way for a robust and balanced Free Trade Agreement. Both sides expressed optimism following productive discussions, with further technical negotiations scheduled in New Delhi next week to expedite the conclusion of the FTA.
In a significant move to enhance trade efficiency, the DGFT has introduced a self-declaration method for domestic exporters to secure their Certificate of Origin under the India-EFTA free trade agreement.
India and the European Union are advancing free trade agreement negotiations. Key tariff issues are seeing good progress. An EU delegation will visit New Delhi soon to finalize technical tariff discussions. Both sides aim for a robust and balanced agreement. This pact is expected to bring the economies closer and foster mutual benefits.
India engineers new export miracle that can beat oil
8 months ago
India’s export landscape is rapidly transforming as electronics, driven by the PLI scheme and Apple’s manufacturing shift, surges past petroleum products. This strategic move, bolstered by significant investments and government initiatives, is positioning India as a global electronics manufacturing hub, promising substantial job creation and economic growth.
Maharashtra is set to receive significant investment in its maritime sector. Adani Ports and JSW Infrastructure are leading the charge with major port expansions. Several other companies will also invest in shipbuilding and repair facilities. These agreements aim to boost cargo capacity and logistics along the state’s coastline. The investments highlight Maharashtra’s commitment to developing […]