To ensure the safety and quality of cough syrups manufactured in India, the Indian government has made it mandatory for companies to conduct testing before exporting their products. Effective 1 June, all cough syrup makers must obtain a certificate of analysis from a government-approved laboratory. This new rule comes in response to recent incidents where …
India Implements Mandatory Testing for Cough Syrup Exports Read More »
In simple terms, China is now the biggest car exporter in the world. It has sold more cars to other countries than Japan in the first three months of this year. The Chinese government recently shared some figures that tell us this. China sold 1.07 million cars to other countries in the first three months. …
China Now Exports More Cars Than Japan, Making it Number One in the World Read More »
New Delhi, India – Union Minister Piyush Goyal, in a recent meeting with Mr. Richard Heald, Executive Chair of the UK India Business Council (UKIBC), discussed ways to enhance the business and investment relationships between India and the United Kingdom. The meeting aimed to explore potential opportunities for collaboration and identify strategies to boost bilateral trade. The …
Bengaluru, India – Union Minister Piyush Goyal highlighted the rapid growth and development of India under the leadership of Prime Minister Narendra Modi at a recent event held at the Federation of Karnataka Chambers of Commerce & Industry (FKCCI). Goyal emphasized the significant role of the double-engine government in ensuring the progress and prosperity of the …
India Becomes the Most Sought-After Country Under PM Narendra Modi’s Leadership Read More »
India has reached a new milestone in its export sector, achieving record exports of $760 billion. The announcement was made during the launch of the Foreign Trade Policy 2023, where the Hon’ble Minister of Commerce and Industry, Piyush Goyal, expressed his gratitude towards Indian exporters for their outstanding contribution to the country’s economy. The Minister …
The Prime Ministers of Poland and Romania have requested the European Commission to establish a tracing mechanism for Ukrainian grain exports to prevent local farmers from being adversely affected by an influx of cheaper imports. Due to Russia’s invasion of Ukraine over a year ago, Ukrainian grain exports have been forced to find alternative routes …
The Indian government has allowed the export of 3.5 lakh tonnes of broken rice to Gambia and Senegal, previously banned since September 8, 2022, on special considerations. India has allowed the export of 3.5 lakh tonnes of broken rice to Gambia and Senegal, which were banned since September 8, 2022. The Ministry of Commerce has …
India permits exports of 3.5 lakh tonnes of broken rice to Gambia and Senegal Read More »
According to an official, India’s exports to the UAE are expected to reach an all-time high of $32 billion this year. The increase in exports is part of the Comprehensive Economic Partnership Agreement (CEPA) between the two countries, which also includes plans to integrate customs and logistics portals for real-time tracking of shipments. This will …
India expects to record exports of $32 billion to the UAE this year Read More »
Free Trade Zones (FTZs) were created in China for several reasons, mainly to boost economic growth and development, attract foreign investment, and promote international trade. Free Trade Zones China Some of the key motivations behind their establishment include: Economic reform and opening up: FTZs were part of China’s strategy to open up its economy to the …
India: India’s attempt to take over China’s place as a major exporter is facing challenges as it needs to be competitive in global supply networks. Multinational companies looking for a “plus one” in their “China plus one” production strategy have turned to India, especially given the high-end Apple iPhone production expansion last year. Prime Minister Narendra …
India’s Struggle to Fill China’s Shoes in Global Supply Networks Read More »
