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Tag: exports
India and China bilateral trade hikes up to 15.3% in Q1 2022
China's exports to India rose to $27.1 billion between Jan & March
Cabinet Approves PLI Scheme for 10 Key Sectors for Enhancing Manufacturing Capabilities
The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to introduce the production-linked incentive (PLI) scheme in ten key sectors.
KINFRA Day celebration inaugurated by Oommen
Noting Kerala Industrial Infrastructure Development Corporation´s (KINFRA) success story, Kerala Chief Minister Oommen Chandy said that Kerala was one of the leading states when it came to medium and small-scale industries.
foreign brands to utilise Vallarpadam terminal
International apparel brands have shown their interests in using Vallarpadam Terminal for their export consolidation
Paradip port handles 21% more cargo in Aug
During the last August, Paradip Port Trust (PPT) handled 5.91 million tonne (mt) cargo of imports and exports, compared with 4.88 mt handled in the same month last year, registering a growth of 21.07 per cent. The August figure is also 13.29 per cent higher than the target fixed for the month. During the month, 2.42 mt cargo was exported and 3.49 mt was imported through the port.
Dip in Cochin port July exports
Exports through the Cochin Port declined 10 per cent in July while imports rose 11.75 per cent, according to Cochin Chamber of Commerce and Industry's Cexports and imports statistics. July import of commodities, components and equipment through Cochin Port and Vallarpadam International Container Trans-shipment Terminal (ICTT) was 2.4 lakh tonne, compared to 2.1 lakh tonne in the previous-year month.
House panel wants govt to discourage ore export
Government must gradually reduce iron ore exports to ensure that adequate quantity of this mineral is available for domestic requirement, a Parliamentary standing committee said. In its report, the Parliamentary Standing Committee on Coal and Steel suggested raising the export duty on iron ore beyond the existing 30 per cent. The report was table
Govt provides Rs 2,000 cr sops to export sector
The Union government has provided Rs 2,000 crore incentives to support the country's sagging exports, Unon Finance Minister P Chidambaram has said. The government's subvention is for clearing its dues to the export sector. Chidambaram told that as much as Rs 1,550 crore would be used to clear existing dues and the remaining Rs 450 crore would go towards interest subvention rate hike from 2 per cent to 3 per cent.
23.13 million tonne of cargo handled in the current financial year
Paradip Port Trust has handled 6.13 million tonne of cargo during July 2013 as compared to 4.45 million tonne handled during July 2012 reporting 37.66 per cent growth y-o-y basis.
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