Over USD 4 billion imports so far this fiscal under management system for laptops, tablets: Official

Over USD 4 billion imports so far this fiscal under management system for laptops, tablets: Official

2 years ago
The deadline for reviewing the import management system for laptops and IT products is approaching. Companies have imported over USD 4 billion worth of these products this fiscal, primarily from China. The government issued authorisations last year to monitor imports without affecting supply, with the validity extending until September 30, 2024.
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Joint shipbuilding projects at Indian shipyards to be explored at this week’s EEF

2 years ago
Russia aims to establish intermediate stops in Vietnam, Thailand, and Indonesia for the Eastern Maritime Corridor, linking Vladivostok with Chennai. This initiative seeks to enhance India’s business ties with the resource-rich Far East. At the Eastern Economic Forum, Russia and India will also discuss joint shipbuilding projects. The corridor’s implementation includes a trans-shipment hub in […]
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India has trade surplus with 151 nations; deficit with 75 during Jan-June 2024, says GTRI

2 years ago
India achieved a trade surplus with 151 countries, such as the US and Netherlands, while experiencing a trade deficit with 75 nations, including China and Russia, during the first half of this year, according to GTRI. The think tank advises reducing industrial goods imports from China to preserve India’s economic sovereignty and enhance domestic production.
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Imports of goods like umbrellas, musical items from China hurting Indian MSMEs: GTRI

2 years ago
The GTRI data analysis stated that China supplies 95.8 per cent of India’s umbrellas and sun umbrellas (USD 31 million) and 91.9 per cent of artificial flowers and human hair articles (USD 14 million). Additionally, glassware (USD 521.7 million, 59.7 per cent), leather articles including saddlery and handbags (USD 120.9 million, 54.3 per cent), and […]
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ET World Leaders Forum: India’s China dilemma goes beyond global concerns, says Jaishankar

2 years ago
India’s External Affairs Minister, S. Jaishankar, highlighted India’s distinct challenges with China, beyond global concerns, focusing on border tensions and trade deficits. Speaking at the ET World Leaders Forum, Jaishankar emphasized the importance of scrutinizing Chinese investments given their unique bilateral issues and the broader global geopolitical risks.
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PM Modi lays foundation stone for Vadhavan Port project worth over Rs 76,000

2 years ago
Prime Minister Narendra Modi laid the foundation stone for the Vadhavan Port project in Maharashtra, set to become one of India’s largest deep-water ports. The port, costing Rs 76,220 crore, aims to boost India’s maritime infrastructure, featuring container terminals, multipurpose berths, and excellent connectivity, enhancing trade and industrial development.
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Vadhvan Port in Maharashtra to generate 12 lakh jobs for youth, women: Sonowal

2 years ago
The proposed Vadhvan Port in Palghar, Maharashtra, promises to generate 12 lakh jobs and significant infrastructure, benefiting local communities. Union Minister Sarbananda Sonowal highlighted India’s progress in the maritime sector under Prime Minister Narendra Modi. The Rs 76,200 crore project is slated for first phase completion by 2029, enhancing the region’s global identity.
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