Share List TLI Staff New Delhi: Amid slowdown in major advanced economies and geo-political crisis affecting trade, Engineering Export Promotion Council (EEPC) of India has proposed to the government to withdraw export duty on certain steel products, provide cheaper export finance to MSMEs and a dedicated production-linked incentive (PLI) schemeContinue Reading
Share List TLI Staff Exuding hope that exports of goods and services from the country would reach $1 trillion each by 2030, Minister of Commerce and Industry, Consumer Affairs, Food, Public Distribution and Textiles Piyush Goyal on Wednesday said that the world wants a trusted partner like India. Speaking atContinue Reading
Share List TLI Staff New Delhi: Continuing the uptrend, engineering goods exports have posted 42.14% growth in July, 2021 over the same period a year ago. The high growth in engineering goods augurs well for the economy as the sector is labour-intensive and one of the key foreign exchange (Forex)Continue 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 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: 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