New Delhi, April 3 (IANS) Top government officials including the Secretary, Department for Promotion of Industry and Internal Trade, the Power Secretary, and the Director General of Foreign Trade (DGFT) held a meeting on Friday to discuss ways to increase the domestic production of induction heaters and cooking utensils to bring down the use of cooking gas consumption amid supply chain disruptions due to the Iran war, according to official sources.Demand for induction heaters and other electrica…
Latest Director General of Foreign Trade News & Updates
New Delhi, March 28 (IANS) The ongoing tensions in West Asia have begun to impact India’s exports, with sectors such as handicrafts and mango shipments witnessing significant disruptions, industry stakeholders said.According to exporters, a substantial portion of India’s trade — nearly 50-60 per cent in some sectors — is linked to Middle Eastern markets, where demand typically peaks during the Ramzan period.Kashmir Chamber of Commerce and Industry (KCCI) President Javid Tenga told IANS that th…
New Delhi, March 18 (IANS) The government has rolled out a set of customs and logistics facilitation measures to help exporters handle cargo that has been stranded or returned due to the closure of the Strait of Hormuz amid the ongoing Middle East conflict.The measures allow exporters to bring back cargo into the domestic system while easing storage and handling costs, as shipping lines suspend bookings and Gulf ports operate under restrictions due to the Iran war. The steps are aimed at prevent…