Export Challenges News - Latest Updates & Headlines
US tariffs can impact Indian Medical Device sector, need to explore opportunities where they seek to diversify: AiMeD
New Delhi, April 3: As US President Donald Trump mandates a 27 percent tariff on Indian goods to the US, Forum Cordinator of AiMeD Rajiv Nath said that the need was to explore windows of opportunities where the US has been seeking to diversify its supply chain dependence to reduce the impact of the tariff.
Ceramics and bathroom fittings industry likely to face another year of stagnation: Nuvama
New Delhi, March 5: The ceramics and bathroom fittings industry, already struggling with sluggish demand, is expected to face continued stagnation for another year, according to a report by Nuvama, a financial services company.The report added that the usual strategy of ceramics and bathroom fittings companies to offer discounts may not be sufficient to revive sales due to the elevated inventory levels in the market.The report highlights that the manufacturers based out of Morbi have been dumping stocks in the local market due to slower-than-expected exports.