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The International Trade Council Team

Archive for the ‘India’ Category

  The International Trade Council reports that export and import activities at the largest land port in Bangladesh have resumed following a temporary suspension caused by a government-imposed curfew and internet service suspension. The port, essential for trade between Bangladesh and India, had experienced a complete halt in operations due to the disruption of its […]

The International Trade Council has announced an exciting new development aimed at enhancing India’s agricultural export capabilities. A call for bids has been issued for a state-of-the-art processing and storage facility designed to improve the quality and extend the shelf life of agricultural products, with the goal of increasing export volumes.   This advanced facility […]

In the competitive avocado market, a leading Colombian exporter anticipates exporting 12 million kilos of Hass avocados this year, surpassing initial forecasts by 20%. The challenges of balancing supply and demand dynamics are acknowledged by Carlos Londoño, General Manager of the exporting firm, who emphasizes the commitment to competitiveness and sustainability within the industry. Founded […]

India, Industrial Technology, News

July 17, 2024

The Precision Engineering and Machine Tool Technology Show 2024 (PRECITECH) is scheduled to take place in India, offering a comprehensive platform for showcasing advancements in smart manufacturing and related technologies. The event will cover a wide range of areas within precision manufacturing, ancillary industries, and emerging technologies shaping the future of the sector.   Scheduled […]

Commerce and Industry Minister Piyush Goyal emphasized on Wednesday that Indian exporters uphold stringent quality standards, addressing recent concerns over a few consignments of spices as “very very” minuscule and not indicative of broader issues.   Goyal highlighted that the isolated incidents affecting certain spice shipments were minimal compared to India’s robust USD 56 billion […]

New Delhi, India – AMTEX (Asian Machine Tool Exhibition), one of India’s most significant events in the metal cutting and machine tools industry, is set to take place at Pragati Maidan, Delhi, from July 26 to 29, 2024. Since its inception in 2001, AMTEX has been a cornerstone event for industry professionals, offering a unique platform […]

India, News, Trade Agreements

March 9, 2024

In a landmark move set to reshape international trade dynamics, India is poised to finalize an economic pact with the European Free Trade Association (EFTA) on Sunday. This agreement, involving Switzerland, Norway, Iceland, and Liechtenstein, marks the culmination of nearly sixteen years of meticulous negotiations, promising to significantly enhance trade and investment flows.   With […]

In a recent development, the Indian government has amended its ban on onion exports, allowing the shipment of 64,400 tonnes to the UAE and Bangladesh. A senior official from the federal ministry of commerce confirmed this decision, stating that it was made at the “request of friendly countries.”   The ban on onion exports was […]

In a momentous occasion, apple growers from Washington State have witnessed a significant uptick in their exports to India this year, marking a remarkable increase compared to previous years. Senator Maria Cantwell, accompanied by Prakash Gupta, the Consul General of the newly established India Consulate in Seattle, along with labor and port officials, convened in […]

India, International Trade, News

February 16, 2024

In a recent announcement from New Delhi, India’s merchandise exports have showcased a commendable 3.12% increase to $36.92 billion in January, marking the second consecutive month of positive growth. Despite prevailing global headwinds, this upward trend reflects the resilience of India’s export sector.   This encouraging growth extends beyond merchandise exports, with overall exports, encompassing […]