India's exports to Australia rose 64.4 per cent year-on-year to USD 643.7 million in November on account of healthy growth in sectors such as textiles, chemicals and agricultural products, data from the Ministry of Commerce & Industry said on Sunday.
Currently, India exports around 14.6% of the PVs produced here and 16.34% of two- wheelers manufactured between January and November.
India's total exports (merchandise and services combined) during November 2024 are estimated at $67.79 billion, registering a growth of 9.59 per cent vis-a-vis November 2023, the Commerce and Industry Ministry announced on Monday.
The US accounted for 18 per cent of India's total exports in the financial year (FY) 24, as the country's exports to the world's largest economy continuously increased
The auto exports stood at 25,28,248 units in H1 FY25 (compared to 22,11,457 units in H1 FY24) — a 14 per cent jump.
The overall gross exports of gems and jewellery declined 14.64 per cent to Rs 25,843.84 crore in October, against Rs 30,274.64 crore in the year-ago period.
The Ministry of Industry and Trade of India reported that trade turnover between Russia and India exceeded $18.2 billion in the first five months of the fiscal year. The surge in trade between the two countries made Russia the country's seventh largest trade partner, rising from 25th place with a total trade turnover of $13.1 billion in 2021.
India is considering resuming purchases of Russian wheat with the aim of processing and re-exporting it, the TASS news agency reported.
In an interview with The Yomiuri Shimbun, Wang, who oversees Taiwan’s semiconductor policies, said supplies would be disrupted if a contingency were to occur in the Taiwan Strait, and China would suffer severe economic impacts.
Country’s automobile market in China expects to see June sales up more than 34 percent from May China’s auto market…
