During the past five years, India's export has witnessed healthy gains in multiple sectors particularly petroleum, gemstones, agrochemicals and sugar, the Commerce ministry data said.
Leading automaker Maruti Suzuki India on Tuesday said it sold 184,727 vehicles in the month of August, up from 181,343 units sold in the same month last year.
As part of the ‘Make in India’ initiative, the government on Wednesday announced it would promote both Indian alcoholic and non-alcoholic beverages globally, with a target of $1 billion in export revenue over the next few years, amid a surge in global demand for Indian spirits.
Dragon fruit, grown in Patnagarh of Balangir district, was exported for the first time from Odisha to Dubai from the Biju Patnaik International Airport cargo terminal in Bhubaneswar.
Nepal will export about 1000 MW of electricity to India, External Affairs Minister S Jaishankar announced Monday following wide-ranging discussions with visiting Nepal Foreign Minister Arzu Rana Deuba here.
Main drivers of merchandise export growth in February 2024 include Engineering Goods, Electronic Goods, Organic and Inorganic Chemicals, Drugs and Pharmaceuticals and Petroleum Products, the commerce ministry said.
The country has set a target of defence exports worth Rs 50,000 crore by 2028-29, he added.
As the wheat stocks in government godowns hit a seven-year low, concerns about food security reverberate across the nation. The current inventory of 163.5 lakh tonnes, though above the minimum buffer level, signifies a delicate situation.
Commerce Secretary Sunil Barthwal said that despite a global slowdown, the country is "in the positive zone".
Rare earths, a group of 17 metals integral to the production of magnets in electric vehicles, wind turbines, and electronics, are at the epicentre of a geopolitical battle.
