New Delhi, Feb 23 (IANS) Union Commerce and Industry Minister Piyush Goyal on Monday said that quality must become the core focus of India’s manufacturing and export ecosystem if the country wants to achieve its long-term economic goals.Addressing the first National Quality Conclave virtually, organised by the Department for Promotion of Industry and Internal Trade (DPIIT) in partnership with the Quality Council of India (QCI), Goyal stressed that Prime Minister Narendra Modi’s vision of “…
Latest Footwear News & Updates
Mumbai, Feb 17 (IANS) The Indian leather sector is set for significant expansion, targeting a $50 billion turnover by 2030, supported by rising export momentum and increasing domestic consumption, according to a CareEdge Ratings report released on Tuesday.CareEdge Ratings notes that India’s Union Budget 2026–27, along with the completion of the India–European Union (EU) Free Trade Agreement (FTA) as of January 27, and the recent cut in US import tariffs, collectively create a positive po…
New Delhi, Feb 9 (IANS) The India-US Bilateral Trade Agreement (BTA) marks a major milestone in India’s global trade engagement, securing sustained preferential access for exports in the US market valued at over $30 trillion, according to an official statement issued on Monday.The agreement delivers comprehensive tariff rationalisation, zero-duty access across large product categories, enhanced digital and technology cooperation, and a carefully calibrated framework to safeguard India’s farm…
New Delhi, Feb 7 (IANS) When US President Donald Trump officially confirmed the much-awaited bilateral trade deal, immediately reducing American tariffs on Indian goods from 25 to 18 per cent, and Prime Minister Narendra Modi corroborated, there was a mixed reaction. And Saturday, even before India woke up, the news had broken of an US-India Joint Statement announcing an Interim Agreement.The framework will lead to the broader US-India Bilateral Trade Agreement (BTA) negotiations, launched by Pr…
Gandhinagar, Feb 6 (IANS) The Free Trade Agreement (FTA) concluded between India and the European Union is expected to significantly expand export opportunities for Gujarat, particularly its southern region, by providing wide-ranging duty-free and preferential access to one of the world’s largest import markets. The agreement marks a major step in India’s efforts to deepen its global trade engagement while strengthening export-led industrial growth across key sectors.India’s exports to the…
New Delhi, Dec 20 (IANS) The Comprehensive Economic Partnership Agreement (CEPA) with Oman is expected to enhance India’s export competitiveness, secure energy supplies at favourable prices and strengthen India–Oman economic ties, a report said on Saturday.The report from Bank of Baroda said that CEPA aims to expand trade and investment, increase export opportunities for labour‑intensive micro, small and medium enterprise (MSME) sectors such as textiles, leather, footwear, gems and jewelle…