New Delhi, Feb 16 (IANS) The 6.15 per cent growth in overall exports during April-January 2025-26 is a positive and reassuring indicator of the inherent strength and competitiveness of Indian industry, the Federation of Indian Export Organisations (FIEO) said on Saturday.India’s overall exports during the period rose to $720.76 billion, as compared to $679.02 billion in the corresponding period of the previous fiscal.Merchandise exports stood at $366.63 billion, registering a growth of 2.20 pe…
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New Delhi, Feb 9 (IANS) The Ministry of Steel on Monday signed Memoranda of Understanding (MoUs) with 55 companies for 85 projects, involving an investment of Rs 11,887 crore. These projects are expected to add 8.7 million tonnes of speciality steel capacity by 2030-2031, significantly expanding India’s capabilities in high-end steel segments such as electrical steel, alloy and stainless steels, coated products, and grades required for strategic sectors.The MOUs were signed at Vigyan Bh…
Mumbai, Feb 2 (IANS) India is in a sweet spot today, and the Union Budget for a ‘Future Ready Bharat’ covers a multitude of sectors, both traditional and modern, giving impetus to services with a major focus on tech, Commerce and Industry Minister Piyush Goyal said on Monday.In a meeting on the holistic benefits of the Budget at the NSE here, along with investors and captains from the mutual funds and asset management industry, the minister said the Budget addresses specific areas which will…
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…
New Delhi, Jan 27 (IANS) By boosting bilateral trade and economic ties, the India-EU trade deal supports job creation, MSME growth in tech, and overall confidence for investors in India’s services sector, IT industry’s apex body Nasscom said on Tuesday.The FTA includes dedicated SME chapters with contact points and digital platforms. Given the geopolitical challenges, the FTA diversifies markets for Indian IT exporters, providing a hedge against global trade uncertainties, said Nasscom “It s…
Gandhinagar, Jan 18 (IANS) Gujarat Deputy Chief Minister Harsh Sanghavi will lead a high-level state government delegation to the World Economic Forum (WEF) 2026 in Davos, Switzerland, where he will outline the state’s long-term development roadmap and engage with global industry leaders to attract investment and generate employment opportunities for the youth. The Gujarat delegation’s participation in the WEF, scheduled from January 19 to 23, reflects the state government’s commitment to positi…
Mumbai, Jan 14 (IANS) Chief Minister Devendra Fadnavis said that Maharashtra has secured the top rank in NITI Aayog’s Export Preparedness Index (EPI) 2024, surpassing Tamil Nadu and Gujarat. From policy to performance, the state is setting the pace for India’s growth story.In a post on X, the Chief Minister said: “Export Ready, Future Ready: Maharashtra Takes the Lead! Extremely proud to share that Maharashtra has secured the 1st rank in NITI Aayog’s Export Preparedness Index (EPI) 2024,…
New Delhi, Jan 14 (IANS) The NITI Aayog on Wednesday released the Export Preparedness Index (EPI) 2024, a comprehensive assessment of export readiness across India’s states and Union Territories.Aligned with India’s objective of achieving $1 trillion in merchandise exports by 2030 and the vision of Viksit Bharat @2047, the Export Preparedness Index provides an evidence-based framework to evaluate the strength, resilience, and inclusiveness of subnational export ecosystems. The Index identifies…
New Delhi, Jan 6 (IANS) Though India has done well in specific segments of the automotive export market, there are significant opportunities to increase market share in the $2.2 trillion global automotive export market, which is growing, according to the latest ‘Trade Watch Quarterly’ released by NITI Aayog on Tuesday.The publication highlights emerging structural shifts in India’s trade profile, including the rising contribution of technology-intensive exports, the continued strength of servi…
New Delhi, Dec 31 (IANS) The Federation of Indian Export Organisations (FIEO) welcomed the launch of the Market Access Support (MAS) intervention on Wednesday as a timely, strategic step to strengthen India’s global export footprint, especially for MSMEs, first‑time exporters and priority sectors.FIEO said that MAS Intervention, under the government’s Export Promotion Mission will provide structured financial and institutional support for buyer‑seller meets, international trade fairs and e…