Clipped from: https://www.thehindubusinessline.com/opinion/a-boost-for-textile-sector/article36438578.ece?homepage=true The PLI scheme will help build competitiveness The Indian textile and apparel sector, with $37 billion exports and $85 billion domestic consumption, is
Category: EXIM
Winners and losers in shipping crisis | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/winners-and-losers-in-shipping-crisis-121091300039_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Indian exporters complain of increase in freight rates by 300% to 1000% for various destinations and additional charges The steep rise in ocean freight
Picking up the threads – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/picking-up-the-threads/article36385534.ece PLI for man-made fibres is timely, but it should help MSMEs improve scale Following representations from industry, the Cabinet has approved certain changes
Big relief: Exporters to get tax refund dues of 56,000 crore – The Financial Express
Clipped from: https://www.financialexpress.com/economy/big-relief-exporters-to-get-tax-refund-dues-of-56000-crore/2327500/ India has witnessed a surge in outbound shipments this fiscal and the expeditious clearance of dues will help the country achieve a rapid
PLI scheme: Cabinet approves Rs 10,683 cr PLI scheme for textile sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cabinet-approves-rs-10683-cr-pli-scheme-for-textile-sector/articleshow/86033142.cmsSynopsis The scheme, part of 13 identified sectors, some of which have already been approved by the Union Cabinet, is expected to boost manufacturing
PLI scheme: Voltas, Blue Star among AC biggies planning to invest ₹3,000 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/fmcg/pli-scheme-ac-majors-set-to-invest-3000-cr/articleshow/86023660.cmsSynopsis Voltas, Blue Star, Dixon, China’s GMCC, Amber Enterprises, Panasonic, Lloyd and Hindalco are set to apply for the government’s production-linked incentive (PLI) scheme
Will India’s export boom herald a return to 7% miracle GDP growth? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/so-is-this-the-7-solution/articleshow/86027342.cms SynopsisIn 2021, for the first time in eight years, exports are booming. Merchandise exports hit a record $35.17 billion (₹2.58 lakh crore) in
The employment dividend from exports | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-employment-dividend-from-exports-121090701697_1.html The surge in some export sectors has the potential to address India’s urban jobs challenge with necessary policy intervention India’s exports of merchandise
Indian exporters allege global shipping companies are forming cartels | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/indian-exporters-allege-global-shipping-companies-are-forming-cartels-121090601484_1.html Ask govt to regulate them, bat for a larger Indian shipping company A major point the exporters are raising as proof of this
Exporters worried about stuck payments as Sri Lanka declares economic emergency – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/exporters-worried-about-stuck-payments-as-sri-lanka-declares-economic-emergency/article36319894.ece?homepage=true Bilateral trade and investment outlook may depend on the extent to which international community can give assistance, say experts Sri Lanka’s economic emergency
PLI Schemes: Chinese firms to be let in; MeitY assures industry that supply chains won’t be disrupted, other ministries to follow suit – The Financial Express
Clipped from: https://www.financialexpress.com/industry/pli-schemes-chinese-firms-to-be-let-in-meity-assures-industry-that-supply-chains-wont-be-disrupted-other-ministries-to-follow-suit/2324472/ Though the assurance has been given by the ministry of electronics and IT to the hardware industry executives, who had made a representation
China bogey hits exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/china-bogey-hits-exports/article36301309.ece?homepage=true Shutdown of a few Chinese ports has a spiral effect on Kerala shipments The recent shut-down of some of the Chinese ports following
Govt likely to extend incentive scheme IFLADP for leather, footwear industry till 2025-26 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-likely-to-extend-incentive-scheme-ifladp-for-leather-footwear-industry-till-2025-26/articleshow/85942442.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The commerce and industry ministry has submitted a proposal for implementation of the Indian Footwear Leather and Accessories Development Programme (IFLADP) with an
Foreign trade policy 2021-26- Can new FTP refuel India’s stagnant exports? – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/foreign-trade-policy-2021-26-can-new-ftp-refuel-indias-stagnant-exports-305852-2021-09-03 The uncertainties pertaining to Remission of Duties and Taxes on Export Products (RoDTEP) rates had put the exporters in a peculiar position It
PLI scheme for the steel sector: a shot in the arm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pli-scheme-for-the-steel-sector-a-shot-in-the-arm/article36267546.ece Interested industry players have an opportunity to seek coverage or an increase in incentive percentage under the Scheme India Inc. is increasingly recognised
PLI playbook good, but Make in India needs more – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/pli-playbook-good-but-make-in-india-needs-more/2322953/ High-tech manufacturing strategy should be rolled out; govt must weigh the benefits of the PLI against the outlays For an additional investment of
FM Nirmala Sitharaman launches new fund for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/fm-nirmala-sitharaman-launches-new-fund-for-msmes/articleshow/85521867.cmsSynopsis The fund, co-sponsored by Exim Bank and Sidbi, was formed as per a 2020 union budget announcement but its launch was delayed due
Growth needs steps beyond reforms – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/growth-needs-steps-beyond-reforms/article35903267.ece While the reform agenda must continue, social cohesion and equity considerations must be guaranteed The Indian economy has travelled through an eventful period
For a more holistic scrappage policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/for-a-more-holistic-scrappage-policy/articleshow/85312070.cmsSynopsis A vehicle scrappage policy that looks only at the automobile sector for its impact is not particularly useful. An automobile scrappage policy is welcome, in
Special steel PLI scheme to help India enter high-quality value chain – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/special-steel-pli-scheme-to-help-india-enter-high-quality-value-chain/articleshow/85313586.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis An outlay of Rs 6,322 crore has been planned to boost domestic steel manufacturing of ‘specialty steel’ and attract significant investments. Ram Chandra
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