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Archive for the ‘India’ Category

Agricultural Imports, India, News

December 12, 2024

India’s vegetable oil imports reached an impressive four-month high in November, totaling 1.59 million tonnes. This represents a 12.4% increase—an additional 175,691 tonnes—from October, signaling a robust rebound in trade activity within the edible oil sector.   The data, released by the Solvent Extractors Association of India (SEA), points to a surge in demand for […]

Mark your calendars for December 28–29, 2024 and get ready to explore the future of investing at the HITEX Exhibition Center, Hyderabad. The India Retail Investors Expo (IRIE) 2024 is South India’s premier platform designed to empower retail investors with the tools, knowledge, and connections needed to make informed financial decisions.   This year’s theme focuses […]

Agricultural Exports, India, News

November 29, 2024

In a remarkable feat of strategic planning and infrastructure development, India is making significant strides in expanding its fresh fruit exports, particularly bananas, to European markets. Despite the geographical distance, the country has set an ambitious target of achieving one billion dollars in exports, showcasing a commitment to leveraging its agricultural potential through innovative approaches. […]

India is making significant strides to enhance its air cargo infrastructure, paving the way for substantial growth in electronics exports. With smartphone exports expected to grow eight-fold and reach $180 billion by 2030, the government is prioritizing infrastructure development and logistics improvements to meet these ambitious targets.   Airports across the country, currently operating near […]

India, International Trade, News

November 21, 2024

India is rapidly emerging as a key player in the global solar export market, showcasing its growing manufacturing capabilities and strengthening its position in renewable energy trade. As demand for clean energy solutions increases worldwide, India’s solar module exports are on the rise, offering exciting opportunities for growth in both domestic and international markets.   […]

India’s merchandise exports have seen impressive growth from April to October 2024, propelled by strong demand for key sectors such as pharmaceuticals, electronics, and engineering goods. With 21 out of the top 30 sectors recording growth, India continues to solidify its position as a global trade leader.   These export gains are reflective of India’s […]

India, International Trade, News, Nigeria

November 17, 2024

Nigeria and India have strengthened their economic and strategic partnership, focusing on maritime security, intelligence collaboration, and economic development. The announcement followed Indian Prime Minister Narendra Modi’s landmark visit to Nigeria, marking the first such visit by an Indian premier in 17 years, at the invitation of President Bola Tinubu.   During their discussions at […]

Agricultural Exports, India, News

November 13, 2024

India’s Punjab is making notable progress in expanding its agricultural trade, with a special focus on horticulture and crop diversification to enhance the economic stability of its farmers. Under the leadership of Chief Minister Bhagwant Singh Mann, the state has been actively promoting the cultivation of high-value fruits, vegetables, and flowers. A standout achievement is […]

India’s financial markets are emerging as a key destination for investors, offering a strong and stable environment for trade and investment. With its robust economic growth, strategic participation in global supply chains, and growing role in international trade, India is proving to be a resilient and attractive market in the face of global uncertainty.   […]

India, Manufacturing, News

November 4, 2024

India’s manufacturing sector is showcasing strong momentum, as indicated by the latest Purchasing Managers’ Index (PMI) report. In October, the manufacturing PMI surged to 57.5, up from an eight-month low of 56.5 in September. This significant increase reflects a resurgence in demand, leading to job creation and a promising outlook for businesses engaged in both […]

India, International Trade, News

October 28, 2024

As India embarks on an ambitious journey toward renewable energy, the country is strategically positioning itself to enhance its trade in critical minerals essential for this transition. The Institute for Energy Economics and Financial Analysis (IEEFA) has identified a tremendous opportunity for growth, highlighting the need for India to develop a well-formulated strategy to meet […]

India, International Relations, News

October 19, 2024

India’s Commerce Minister, Piyush Goyal, expressed optimism on Saturday about strengthening trade ties with the United States through a proposed critical mineral partnership. Speaking at a press briefing in New Delhi, Goyal highlighted the potential for this collaboration to serve as a stepping stone towards a broader Free Trade Agreement (FTA) between the two nations. […]

India, International Trade, News

September 30, 2024

India’s smartphone exports have emerged as the country’s leading product export to the United States, surpassing traditional sectors like diamond exports. This significant milestone highlights India’s expanding role in the global technology trade and showcases the country’s commitment to enhancing its manufacturing capabilities.   The trend began earlier this year when smartphone exports reached impressive […]

India, International Trade, News

August 2, 2024

In a significant development aimed at strengthening trade relations, the Indian government has announced that essential commodities previously subject to restrictions can now be exported to the Maldives from Kandla and Vishakhapatnam ports. This update, applicable for the financial year 2024-25, brings the total number of ports authorized for these exports to six. The Directorate […]

During a significant state visit to India, Vietnamese Prime Minister Phạm Minh Chính and Indian Prime Minister Narendra Modi engaged in meaningful discussions following a formal welcome at the Presidential Palace. The meeting underscored the deep and enduring relationship between the two nations, with a focus on expanding collaboration across several key sectors. Prime Minister […]