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Archive for the ‘India’ Category

Nigeria and India Forge Stronger Ties in Trade, Maritime Security, and Development

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 […]

India’s Punjab Boosts Trade with Litchi Exports and Horticulture Growth

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 Poised for Continued Growth, Offering Stability in Trade and Investment

India, International Trade and Investments, News

November 11, 2024

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’s Manufacturing Sector Experiences Robust Growth in October, Signaling Trade Opportunities

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 Seeks Strategic Partnerships to Boost Critical Mineral Imports for Energy Transition

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 Seeks Strategic Mineral Partnership with U.S., Aims to Strengthen Trade Ties

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. […]

Smartphone Exports Propel India as Top Product Exporter to the U.S.

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 Expands Export Channels to Maldives with New Port Approvals

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 […]

Vietnam and India Strengthen Ties in Trade, Technology, and Security

India, International Relations, News, Vietnam

August 2, 2024

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 […]

Major Land Port Reopens for Export-Import Activities

Bangladesh, India, News, Trade and Commerce

July 26, 2024

  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 […]

New Agricultural Processing and Storage Facility to Boost India’s Export Potential

Agricultural Development and Trade, India, News

July 23, 2024

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 […]

India’s Rice Export Policies Under Review Amidst Market Dynamics

Agriculture and Export Market, India, News

July 17, 2024

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 […]

Precision Engineering and Machine Tool Technology Show 2024 Set to Highlight Innovations in Manufacturing

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 […]

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