Coimbatore, June 1 (IANS) The Tiruppur knitwear and textile industry has welcomed the Centre’s decision to temporarily remove customs duty on cotton imports, describing it as a timely intervention that will help reduce production costs, improve raw material availability, and enhance the global competitiveness of India’s textile and apparel exports. The Centre has announced a temporary exemption from all customs duties on cotton imports from June 1 to October 30, a move aimed at addressing co…
Latest Export Growth News & Updates
Mumbai, May 8 (IANS) Hyundai Motor India LImited on Friday reported a 22.2 per cent year-on-year (YoY) decline in consolidated net profit for the fourth quarter (Q4) of FY26 at Rs 1,255.6 crore, compared to Rs 1,614.3 crore in the corresponding quarter previous year (Q4 FY25).The automaker’s revenue from operations, however, increased 5.4 per cent to Rs 18,916.15 crore during the January-March quarter, up from Rs 17,940.28 crore in the year-ago period, according to its stock exchange filing.Th…
New Delhi, May 8 (IANS) India’s construction equipment industry remained resilient in FY26 and it posted a robust 31.5 per cent surge in exports even as domestic sales eased, a report said on Friday.The report from Indian Construction Equipment Manufacturers’ Association (ICEMA) said exports growth helped the sector remain resilient despite slower infrastructure execution and project delays.India continues to remain the world’s third-largest construction equipment market, with the sector e…
New Delhi, Jan 29 (IANS) Economic Survey 2025-26 provides a strong foundation for policy reforms to accelerate export growth, improve logistics efficiency, lower input costs, expand market access and deepen India’s role in global value chains, the Federation of Indian Export Organisations (FIEO) said on Thursday.The industry body welcomed the Survey, saying it highlighted the decisive role of the external sector — exports, imports and services — as a cornerstone of stability, growth and glob…