Page 12 - Indian Exports

GSP loss to have only limited impact on India's export trade: CRISIL

In 2018, India's goods and services trade with the US totalled $142.1 billion, with exports constituting $83.2 billion

Exports miss target again as global trade wars, GST glitches take toll

Exporters faced a volatile year and don't expect FY20 to be much better

Lull in Chinese industrial demand won't hit India, say exporters

Latest downturn stems from structural adjustments in Chinese economy & trade war with US, both of which remain beneficial for India, they say

India's exports are steadily rising, but import bill hurts much more

In FY18, India's exports grew by 9.77% while imports shot up by 21.13%

Exports bounce back in October to 17.86%, trade deficit widens to $17.13 bn

However, trade deficit continued to rise, pushed up by widening oil imports

India's exports up 9.8% in FY18, hit six-year high: Suresh Prabhu

India produces 600 metric ton of agricultural produce and has the capacity to export excess production to the world

Exports to hit record high this year amid global challenges: Commerce secy

Gireesh BabuEven as the global environment has become very challenging, the Indian exports is expected to touch record figures, as it has already been in a growth trajectory for the last two and a half years consistently, said senior official from the Government of India. Speaking to reporters after a meeting with the exporters in Chennai, organised by Federation of Indian Export Organisations (FIEO), Anup Wadhawan, commerce secretary, Department of Commerce, Ministry of Commerce and Industry said, "I think our exports will be a record figure. We will do better than whatever the earlier peak was. Given the export growth we see now, I am confident that the number we will reach in the end will be a record, both dollar and Rupee," without putting any specific number to the expected growth. According to industry experts, the government is targeting exports to reach $350 billion during the current ficsal year.In terms of exports the growth is healthy, at 12 per cent plus in dollar terms ...

Exports enter negative zone, decline 2.15% in Sept; Imports up 10.45%

The trade deficit, or the gap between imports and exports, was estimated at $13.98 billion during September 2018

Opaque policies breed lobbying, corruption

The policy of throwing money in the name of export promotion through an opaque process encourages lobbying and corruption

Ailing Indian exports made only worse by confusing GST notifications

While efficiency-enhancing govt reform has not materialised, the persistent overvaluation of the rupee means relative prices of Indian exports globally do not get any help from that quarter either

Exporters apprehensive of taking orders from Iran due to US sanctions: FIEO

"There is huge exports potential in Iran but we are facing payment problems due to the US sanctions," says FIEO President

Commerce Ministry urges RBI to consider all exports under priority sector

Currently, priority sector lending is confined only to specific sectors including agriculture under which banks are required to achieve their annual lending target

Bridging trade gap: Indian mangoes, beer to get free access to South Korea

The duties would be significantly reduced or eliminated over the period of eight to 10 years by both the sides

Chemicals, pharma push Indian exports to 6-month high of $28 bn in May

Imports too rose by 14.85% to $43.48 bn during May, which widened the trade deficit to a four-month high of $14.62 bn according to the data released by the commerce ministry

Govt to prepare sectoral action plan within next 2 weeks to boost exports

Apart from the two departments making up the commerce and industry ministry, this will apply to Ministries of Electronics and IT, Agriculture, Textiles, Petroleum, among others

Letter to BS: India must widen export basket to tide over turbulent times

The Chinese tariff barriers on US soya bean imports should also act as a blessing in disguise for Indian exports

Suresh Prabhu says 40% of country's GDP to come from exports by 2025

Exports constitute only around 18 per cent of the $2.6-trillion GDP, which is currently the fifth largest in the world after the US, China, Japan, Germany and Britain

Caution advised on Sept's export cheer

Trade and observers say easing of GST norms won't be reflected till Nov

Favourable trade winds

Export jump augurs well for economy

Indian exports may not gain much from rise in global trade

While global trade growth is expected to rebound in 2017, India may not be in a position to fully take advantage of it in the United States and China, major markets where consumer and industrial demand is set to drive trade forward.On Thursday, the World Trade Organization (WTO) raised the estimate for growth in world merchandise trade volume for 2017 to 3.6 per cent up from the 2.4 per cent estimate earlier. The latest rise has been due to positive economic trends in North America - with the United States in particular - along with China, which has lead to resurgence of industrial and consumer demand.However, exporters and trade experts alike believe it will be difficult for India to tap into this demand in the near future to a plethora of reasons.The US is the largest destination for Indian exports, earning $ 42 billion in 2016-17. The share of goods heading to the US has gradually increased over the past five years and stood at 15.3 per cent last year. However, major export ...