Share List TLI Staff New Delhi: Engineering goods exports from India crossed US$ 8 billion for the third time in the last four months. Even as most product segments saw strong demand, aircraft and spacecraft parts were among the two panels that dipped marginally in June 2021. While engineering goods exportsContinue Reading
Share List TLI Staff New Delhi: High logistics costs weigh heavily on the engineering goods exporters and unavailability of containers have added to the woes of manufacturers based out of Himachal Pradesh and Uttarakhand. The exorbitant freight rates could render the industrial units in these states uncompetitive not only against theContinue Reading
Share List TLI Staff New Delhi: The Rs 6.28 lakh crore stimulus package announced by the government is very well-timed and will boost overall confidence in the economy. The second wave of pandemic badly hit many sectors and the fresh tranche of support would help them come on their feet, saidContinue Reading
Share List TLI Staff New Delhi: Led by industrial machinery, products of iron and steel and non-ferrous metal items, 30 out of total 33 engineering goods categories recorded impressive growth in exports during May, 2021 with demand from traditional markets remaining robust. An analysis of trade patterns by EEPC India showedContinue Reading
Share List Nirbhay Kumar New Delhi: Claiming that second wave of pandemic has been quite devastating for small businesses and its impact being worse than the first wave last year, top MSME industry captain Animesh Saxena wants the government to direct banks to not attach NPA tag to borrowers slippingContinue Reading
Share List TLI Staff New Delhi: Despite logistics and manpower issues caused by the second wave of pandemic, shipments of engineering goods remained robust in the month of May, 2021. “Like previous two months, exports of engineering goods saw a substantial year-on-year rise of 53.14% in May primarily on account ofContinue Reading
Share List TLI Staff New Delhi: Engineering goods exports to 23 countries out of 25 key markets including US, China, Germany and Italy recorded positive year-on-year growth in April, 2021 as overall merchandise trade from the country surged primarily on account of base effect. Among the top 25 export destinations forContinue Reading
Share List TLI Staff New Delhi: Indian companies could look to tap Vietnam’s burgeoning medical devices market which meets nearly 90% of the demand through imports, said EEPC India Chairman Mr Mahesh Desai. Japan, Germany, the US, China, and Singapore account for nearly 55% of the total medical devices imported byContinue Reading
Share List TLI Staff New Delhi: The value of engineering goods shipments registered a year-on-year growth of 238.27% during April, 2021 owing primarily to lower base effect and strong demand from traditional markets. This shows recovery in external trade is very much on track and improved trade outlook, said EEPC IndiaContinue Reading
Share List TLI Staff New Delhi: India Inc has hailed RBI measures to ease liquidity for small borrowers, on-tap liquidity window for bossing Covid related health infrastructure and restructuring of business loans. Industry body Assocham said that the central bank’s targeted policy response and easy credit promised to the entireContinue Reading