Page 14 - India Exports

Rajnath Singh invites US defence firms to help India meet export target

$2.5 bn defence exports to the US in 5 years, which is 35% of all defence exports

Gem, jewellery exports rebound 56% to touch $39 bn in FY22: GJEPC

Gems and jewellery exports rebounded in 2021-22 to touch USD 39.15 billion, showing a nearly 55 per cent jump compared to the previous financial year, industry body GJEPC said on Thursday. The gross gems and jewellery exports stood at USD 25.40 billion during 2020-21, the Gem and Jewellery Export Promotion Council (GJEPC) said in a statement. Meanwhile, in March the overall gross gems and jewellery exports went up by 4.33 per cent to USD 3,393.29 million, a decline of 0.46 per cent compared to USD 3,409.07 million for the same period in FY21. "India's exports to global markets bounced back 54 per cent, demonstrating the agility of the Indian G&J pipeline in adjusting quickly to an uncertain business environment marked by temporary Covid lockdowns and unprecedented demand surges," GJEPC chairman Colin Shah said. With annual exports of USD 39.15 billion, the Indian gems and jewellery sector has maintained its promise of contributing a 10th of the country's overall USD 400 billion ...

Foodgrain production up 25%, oilseeds 42% in last six years: Govt

Commodities such as wheat, rice, soya meal, raw cotton, fresh vegetable, and processed vegetables etc. have registered most positive growths, the presentation data showed

India's oilmeals exports fall 37% to Rs 5,600 crore in FY22: SEA

India's oilmeals exports declined 36 per cent to 23.73 lakh tonnes in the last fiscal, while in value terms the shipments were down 37 per cent to Rs 5,600 crore, according to industry data.

Wheat export: Madhya Pradesh stays one jump ahead of Punjab, Haryana

The bulk of the wheat exported from India, trade and industry sources say, is being sourced at rates significantly higher than the state-mandated price of Rs 2,015 per quintal in MP, UP and Gujarat

USDA attache sees record-large India wheat harvest, exports in 2022-23

Following are selected highlights from a report issued by the U.S. Department of Agriculture's Foreign Agricultural Service (FAS) post in New Delhi:

India plans $2 bn more of exports to sanctions-hit Russia: Report

Indian government reportedly in talks with Moscow to liberalize market access for several Indian-made products.

Nepal's decision to ban import of non-essential items may hit India hard

Nepal is India's ninth largest export destination with $9.6 billion of exports to the landlocked country in calendar year 2021

India's exports rise by 37.57% to $9.32 bn in 1st week of 2022-23

Export excluding Petroleum, has increased in this period by 24.32% over same period of 2020-21 and up by 392.46% over same period of 2019-20

Exports rise 40% to touch $418 bn in FY22, surpass govt target by 5%

The growth was driven by higher demand for items in the petroleum, gems and jewellery, engineering products

India targeting over 30-odd Russian-Ukrainian markets to ship local wheat

Exporters say they aren't merely looking to serve a stop-gap requirement but want to become credible long-term suppliers

India's Chinese imports slip 7.2% to $65.21 bn in 2020-21; exports up 26%

Imports from China declined 7.2 per cent to USD 65.21 billion in 2020-21 from USD 70.31 billion in 2018-19, Parliament was informed on Friday

LIVE: Biden says he thinks Russia should be removed from G-20

Biden also said if countries such as Indonesia and others do not agree with removing Russia, then in his view, Ukraine should be allowed to attend the meetings

Beyond $400 billion

Exports need policy support

India achieves $400-bn export target for FY22 ahead of schedule

Govt is confident of clocking $410 bn exports by March 31, as India has been shipping roughly $1.3 billion a day

India crosses $400-bn milestone in exports for first time in a fiscal year

Hailing the country's success in achieving its goods export target, Prime Minister Narendra Modi said that this is a key milestone in India's 'Aatmanirbhar Bharat' journey

Ukraine crisis: Exporters explore 3 back-up routes to Russia, CIS nations

Russia, Ukraine account for around 80% of India's exports to CIS countries

Exports of some products from India likely to be affected, says govt

Exports of certain products such as pharmaceuticals, telecom instruments, tea, coffee, and marine goods from India are likely to be affected due to the ongoing Russia-Ukraine conflict.

India's exports rise 25% YoY in February; trade deficit at $20.8 billion

Trade deficit was $15.1 billion in February last year and at $17.42 billion a month ago

Exports up 25.1% to $34.57 bn in Feb; trade deficit widens to $20.88 bn

According to the data, gold imports in February dipped by 9.65 per cent to USD 4.8 billion