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INDIA FURNITURE EXPORTS
CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reformsIndia's economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures....- Basmati rice, tea exports to West Asia come to a grinding haltExports of basmati rice and tea to West Asia have stopped due to the US-Iran conflict. Vessels carrying rice are waiting at Kandla Port. Te...
- Free trade pacts to boost furniture exports, domestic manufacturing: IndustryIndia's furniture sector is set for a major boost. New free trade agreements will open up export markets and encourage investment. Domestic...
- IKEA sets up India development centre in push beyond sourcingIKEA has launched a new product development center in India. This positions India as a key hub for designing home furnishings for both loca...
- Delhi Chakka Jam for three days: Check what could be affected in Noida, Gurugram, Ghaziabad, Faridabad and other NCR regionsDelhi Chakka Jam Today News: A three-day Chakka jam in Delhi-NCR has been called by transport unions starting May 21. During these three da...
- India labour market remodels itself bit by bit as agri slowly cedes ground, workforce moves onIndia's labour market is undergoing a structural transformation driven by the country's broader economic transition, a report by SBI Resear...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...
- Indian wood and furniture exporters to gain competitive edge in US after Trump's 10% global tariff: GTRIIndian wood products and furniture exporters will become far more competitive in the US market, as tariffs on this category will be slashed...
- Shipments of banana, ghee, furniture, office stationery and solar photovoltaic modules growing rapidly in new marketsIndia is diversifying its export basket, focusing on products like banana, ghee, solar PV modules, and alcoholic beverages. The goal is to ...
- EU proposes deforestation law delay: $1.3 billion Indian exports get reliefThe EU has proposed extending its Deforestation Regulation implementation by a year to December 2025 due to pushback from countries includi...
- IHGF Delhi fair: 3,000 exhibitors, 100 plus buyer countries likely to participateBuyers from companies and departmental stores who have already confirmed their visit to the show include Flamant from Belgium, Canada’s Gib...
- Automation to drive higher growth rate for India's MDF industry -Greenpanel CFOIndia's furniture industry will experience significant changes with the entry of organized domestic and international players and the adopt...
- Indo-Aus trade pact to come into force from Dec 29; to give duty free access to a number of goods"India and Australia signed the ECTA) on April 2 which will come into force on December 29," Minister of State for Commerce and Industry An...
- Government considering PLI scheme for furniture sector to ramp up manufacturingThe government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles a...
- Govt may tweak customs duties on host of goods in Budget 2021"Expensive raw materials impact India's price competitiveness in the international market. The country's exports of furniture is very low (...
- DPIIT shares list of 24 key sectors with ministries to work on plan to boost manufacturing"Each ministry has been sent those sectors to identify their response. What incentives they (sectors) need, what policy tweaking is require...
- Govt likely to impose restrictions on furniture importsIndia's furniture imports stood at $603 mn in 2018-19. Out of this, from China, it was $311 mn in that financial year. The other main expor...
- Carpenters from Jaipur, Jodhpur back in demand as furniture e-tailers rush to recruit themIndia's online furniture retail market is expected to reach Rs 15,000 crore in three years, from Rs 750 crore now, according to industry es...
- Italian luxury furniture giant Chateau d’ Ax follows Ikea to HyderabadThe India expansion plan includes opening at least 40 stores, both owned and franchise, over the next five years involving an investment of...
- US housing slump hits India's furniture exportsThe collapse of the US housing market and the shutting down of retail stores in the US have put Indian furntiture exporters in a fix.
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