Export Growth News - Latest Updates & Headlines
India's apparel exports clock double digit growth amid global headwinds
New Delhi, April 16: India's exports of textiles & apparel have attained a growth of 6.32 per cent during the current financial year ended on March 31, 2025, as compared to the previous year with the apparel segment being the main growth driver, according to an analysis by the Confederation of Indian Textile Industry (CITI)
Massive acceleration, 66% surge in India's exports to Australia in last five years: Envoy Philip Green
New Delhi, April 12: Australian High Commissioner to India, Philip Green, highlighted the evolving dynamics of global power and regional partnerships. He emphasised that the United States remains the "apex of global power." Regarding trade, he pointed out that India's exports to the world have increased by 35 per cent in the last five years, with exports to Australia growing by 66% during the same period.
India's electronic manufacturing and export to see robust growth with new components policy: Report
New Delhi, April 10: With the new electronic components manufacturing policy "in place", India's electronic manufacturing will see a value addition of 40 to 50 per cent from the current 15-16 per cent, said a report by Axis Capital."We expect value addition to increase to 40/ 50 per cent from the current 15/ 16 per cent, with a components policy now in place". said the report
India remains strong growth pillar for Nissan as firm registers best fiscal sales in 7 years
New Delhi, March 31: Nissan Motor India on Monday said it has delivered its best single year performance for FY 2024-25 in the last seven years, despite multiple headwinds faced by the domestic auto industry.
India pips Sri Lanka to become world's 2nd-largest tea exporter
New Delhi, March 27: India has surpassed Sri Lanka to become the world's second-largest exporter of tea with 255 million kg of tea exports in 2024, while Kenya has retained the top spot, according to data compiled by the Tea Board of India.
PLI schemes clock Rs 1.61 lakh crore in investment, generate 11.5 lakh jobs
New Delhi, March 22: The production-linked incentive (PLI) schemes have clocked Rs 1.61 lakh crore in investment, Rs 14 lakh crore in production and Rs 5.31 lakh crore in exports while creating 11.5 lakh jobs, the government said on Saturday.
PLI Scheme for telecom and networking products generates over Rs 14,000 crore in export sales
New Delhi, March 22: The Production Linked Incentive (PLI) scheme for telecom and networking has generated export sales exceeding Rs 14,000 crore, driving significant growth in India's domestic telecom manufacturing sector.
MSMEs to drive IT sector towards $450 billion services export target: Piyush Goyal
New Delhi, March 21: Led by MSMEs, the IT sector can achieve an ambitious $450 billion services export target in the next financial year, Union Minister of Commerce and Industry, Piyush Goyal, has emphasised.
India's coffee exports surge 40 pc to surpass $1.54 billion in April-Feb
New Delhi, March 20: India's coffee exports have recorded a robust 40 per cent rise during April-Feb in the current financial year to surpass the $1.54 billion mark compared with the corresponding figure of $1.10 billion for the same period of the previous year, according to data compiled by the Ministry of Commerce.
Services trade surplus, robust forex to keep India's current account in safe zone: Crisil
New Delhi, March 19: The surplus in services trade and robust flow of remittances in India provide a cushion and should keep the current account in the safe zone, a new Crisil report has said.
Dip in India's trade deficit presents opportunities for domestic industries to grow: FIEO
New Delhi, March 17: The reduction in India’s trade deficit is a promising sign of the sector beginning to rebalance, presenting opportunities for domestic industries to grow, the Federation of Indian Export Organisations (FIEO) said on Monday.
India's tea exports surge to 10-year high
New Delhi, March 13: India's tea exports touched a 10-year high at 255 million kg in 2024 despite the uncertainties in the global market triggered by geopolitical tensions, data compiled by the Tea Board of India shows.
Bilateral trade pact between India-US will be a booster for electronics sector: Industry
New Delhi, March 6: As reciprocal tariffs by the US administration are likely to be implemented from April 2, industry leaders on Thursday said they are optimistic that a well-structured Bilateral Trade Agreement (BTA) between two partners who trust each other will be hammered out for the electronics sector.
India, Netherlands strengthen ties with $52 billion FDI equity inflows: Report
Mumbai, March 4: India and the Netherlands have deepened their economic partnership, with the Dutch emerging as a significant investor in India, contributing a USD 52 billion in Foreign Direct Investment (FDI) equity inflows, according to Rubix Data Sciences report.
Indian cable and wire industry to see significant growth in exports; sector seeing a shift from unorganised to organised market: Nuvama
New Delhi, February 27: India's cable and wire industry has significant growth potential in exports, amid a balanced demand-supply scenario in the domestic market. Some companies may choose to allocate their additional capacities to meet export demand, according to a report by Nuvama Research.
Indian toy industry on a strong growth trajectory; exports up 40pc, imports down 79pc over 5 years: Report
New Delhi, February 27: India's toy industry is on a strong growth trajectory, with the potential to capture a larger share of the global toy market, which is projected to reach USD 179.4 billion by 2032, according to a report by Punjab National Bank (PNB).
Banks to play key role in attaining $350 billion target for Indian textile sector
Mumbai, Feb 24: Banks should play an important role in meeting the credit needs of textile sector, which supports 5.4 crore jobs and whose market size is targeted to grow from $172 billion to $350 billion by 2030, Textile Commissioner Roop Rashi has said.
UAE-based Ducab Metals Business aims to double export to India in 2025 under CEPA
New Delhi, February 17: UAE-headquartered metal manufacturer Ducab Metals Business is doubling down on India--one of its fastest-growing markets.
Budget provisions will boost technical textile market which stands at USD 29 bn: Rubix Report
New Delhi, February 11: The technical textiles market in India, worth USD 29 billion in 2023-24, is set for significant expansion, fuelled by Budget 2025's increase in Basic Customs Duty (BCD) on knitted fabrics and tax breaks for textile machinery, according to Rubix Data Sciences, an analytics services provider.
Amazon, DGFT aim to enable $80 billion exports from India by 2030
New Delhi, Feb 7: E-commerce major Amazon and the Directorate General of Foreign Trade (DGFT) on Friday renewed their partnership to help small businesses in India expand their reach in global markets through e-commerce and help enable $80 billion in exports from the country.
South Korea's rice cake exports hit fresh high in 2024
Seoul, Jan 29: South Korea's exports of traditional rice cakes reached a fresh high in 2024, data showed on Wednesday, driven by the growing popularity of Korean food around the globe.
India's manufacturing sector logs strong growth in Jan as exports surge: Report
New Delhi, Jan 24: India's manufacturing sector recorded a strong growth in January this year led by a sharp rise in new export orders and a likely flurry of restocking activity around the world, according to the HSBC flash PMI report released on Friday.
India's goods and services exports clock 6pc growth to scale $602bn mark in April-Dec
New Delhi, Jan 15: India's total exports of merchandise and services have clocked a 6.03 per cent growth to $602.64 billion during April-December of the current financial year from $568.36 billion in the same period of the previous financial year, the Commerce and Industry Ministry announced on Wednesday.
India can hit $100 bn exports target in F&B, agriculture and marine products in 5 years: Piyush Goyal
New Delhi, Jan 10 (IANS): India has the potential to reach $100 billion of combined exports in the food & beverage (F&B), agriculture, and marine products industries in the next five years, Commerce & Industry Minister Piyush Goyal said on Friday.