Exports
India ranks among top textile exporters with 4 pc global share, Says Minister
Exports of textiles and garments, including handicrafts, recorded a growth of 7% between the months of April to December 2024 with respect to corresponding months last year. The United States, the European Union, and the United Kingdom collectively accounted for 53% of total textile exports during fiscal year 2023-24, in a written statement by Pabitra Margherita, the Minister of State for Textiles, in Lok Sabha.
India's Trade Deficit Shrinks to Three-Year Low of $14.05 Billion in February
Exports of merchandise showed a moderate gain of 1.3 percent at $36.91 billion in February versus January's $36.43 billion. Import shipments, however, posted a sudden fall of 16.3 percent at $50.96 billion versus last month's $59.42 billion.
India-US Bilateral Trade Sees Significant Growth in December
India's merchandise exports to the USA shot up by 8.5 per cent to $7 billion in December, according to the official figures.
India Aims for $100 Billion Exports in F&B, Agriculture, and Marine Products Within 5 Years: Piyush Goyal
In his keynote address at an interaction with F&B industry stakeholders on the sidelines of Indusfood 2025 here, the minister emphasised that the target is not very ambitious as the industries need to grow at an achievable combined rate of 14-15 per cent.
India Retains Title of World's Fastest-Growing Large Economy, Projected Growth at 6.6%: UN
WESP said that India's economy would be supported by "strong export growth in services and certain goods categories, particularly pharmaceuticals and electronics".
Garment Exports See 11.4% Growth in Apr-Nov Amid Global Challenges: AEPC
With the changing geopolitical equations, a lot more business will shift to India in the near future, the Apparel Exports Promotion Council (AEPC) said.
Industry Predicts India's Total Exports Will Exceed $800 Billion in the Coming Months
India's exports accelerated into over $73 billion in October from more than 61 billion in the same month last year, thereby registering above 19 per cent growth.
India's Merchandise Exports Grow by 17.25% in October
These include engineering goods, electronic goods, organic and inorganic chemicals, and textiles-accounting for double-digit growth in exports during the slowdown in global trade-showing growing strength in India's manufacturing sector.
RBI Reports Export Sector's Revival as Key Driver of India's Growth
The report notes that, except for China, nine out of the top ten export destinations—representing around half of the total export value—are seeing increased demand.
July Sees Surge in Electronics, Dairy, and Poultry Exports: Report
The Crisil report points out that electronic goods soared by 37.3%, while meat, dairy, and poultry products surged by 56.2%, and oil meals shot up by 22%. On the other sectors' front, readymade garments, spices, and tea have also shown strong export growth. In readymade garments, it went up by 11.8%; in spices, it rose by 13%, and in tea by 21.8% on a year-on-year basis.
Advertisement