The Indian government has added Mundra Port and Garhi Harsaru Inland Container Depot (ICD) to the list of terminals allowed for importing new vehicles, bringing the total number of ports and ICDs permitting new vehicle imports to 18. The Directorate General of Foreign Trade (DGFT) stated that the move aims to facilitate the import of […]
Mundra Port, Garhi Harsaru ICD get DGFT nod for new vehicle imports Read More »
Growth driven by double-digit growth of US exports at 11.5% which pushed the overall exports to NAFTA region by 10.4% Pharmaceutical exports grew 8.2 per cent in April-December, 2023, to $20.40 billion as compared with $18.85 billion in the corresponding period of the previous financial year.
Pharma exports rise 8.2% in the last 9 months of 2023 to $20.40 billion Read More »
There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The transportation cost has increased as shippers take a longer route, but volume terms remain unaffected. However, exporters are concerned about the significant jump in freight cost and the potential impact on India’s exports.
No adverse impact of Red Sea crisis so far on India’s trade Read More »
The think tank said that Indian manufacturers “must pay” duties on smartphones sold within India, but exports should be exempted from such duties According to a GTRI assessment released on Monday, the government shouldn’t lower import taxes on electronic components used to make smartphones in the upcoming budget because the current tariff structure has already
The government shouldn’t lower import taxes on components used to make smartphones: GTRI Read More »
