The country's wheat exports are likely is cross 10 million tonnes during 2022-23, due to increasing demand for the commodity in world market, Commerce and Industry Minister Piyush Goyal
India's merchandise exports spurted to a record high of USD 418 billion in the 2021-22 fiscal on higher shipments of petroleum products, engineering goods, gem and jewellery and chemicals
"The total export of wheat in terms of quantity during 2021-22 (till 21st March 2022) was 70.30 LMT"
The largest cluster of man-made fibre (MMF) textiles in the country, Surat was largely domestic market-focused with over 90 per cent sales.
India is an important trading and strategic partner of the US, a top Biden administration official has told American lawmakers.
This is the second consecutive year that Gujarat has emerged as the top performer.
Exporters will now have to seek permission from the government to export hydrofluorocarbons (HFCs)
The export of maize has touched USD 816.31 million in first ten months of the current fiscal 2021-22 (April-January), already exceeding the USD 634.85 million achieved during the last financial year
Russia is the world's top exporter of crude and oil products combined, at around 7 million barrels per day
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While exporters will get more clarity on the impact when finer details of SWIFT ban are spelt out, they have had discussions with govt to deal with payment-related challenges
Reports said Lebanon, which imports 60% wheat from Ukraine has started talks with India after the crisis
SEPC chairman said by the end of the ongoing fiscal year, services exports would reach about $250 billion
Merchandise exports grew 27.54 per cent year-on-year (YoY) to $34.5 billion in January as demand for Indian products remained robust.
India's overall exports rose nearly 36% YoY, while those from SEZs posted 31% growth in this period
India's exports grew by 28.51 per cent to USD 8.67 billion during February 1-7 on account of healthy growth in sectors such as petroleum, engineering according to preliminary data .
Aimed at promoting new SMEs, along with a few big projects, the policy looks to grow the current exports of roughly Rs 3,100 cr to Rs 25,000 cr in next five years
However, consignment values remained above the $30 billion mark despite a rise in Omicron cases across the globe
Imports, on the other hand, rose 28 per cent to USD 87.5 billion in 2021
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