NEW DELHI: Trade deficit narrowed to a three-month low of $22 billion in Dec as exports contracted 1% to $38 billion, while imports grew almost 5% to $60 billion.The fall in goods exports in Dec was mainly due to low prices of petrol and diesel, which resulted in oil product exports falling 28% to $4.9…
The government has identified several agricultural products including watermelons, ghee, guavas, green chilli for export promotion. (AI image) India’s exports basket is seeing a big growth with some surprise items! The country’s export portfolio is diversifying with significant growth in unexpected items like bananas, ghee, furniture, office supplies, and solar photovoltaic (PV) modules. Whilst traditional…
The export of plain gold jewellery continues to soar, marking a significant 27.45% increase, reaching USD 342.27 million in April 2024, compared to USD 268.56 million in the same month the previous year. The overall exports of gems and jewellery declined 11.37% to USD 2074.85 million in April 2024, as compared to the same period…
New Delhi: Apparel exports are expected to reach USD 40 billion by 2030 on account of initiatives such as exploring new destinations and fostering strategic partnerships, AEPC said on Friday. Apparel Export Promotion Council of India (AEPC) Chairman Naren Goenka said that to achieve this target, the council will focus on innovation, expanding market and…
Representative image. Dubai: The gem and jewellery trade between India and UAE has grown significantly, particularly following the India-UAE CEPA agreement, and about 30 per cent of the total gems and jewellery imported by the emirate is sourced from India, the Gem and Jewellery Export Promotion Council (GJEPC) said. The UAE currently imports gems and…
