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No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...- SBI Chairman, Apple India MD among 29 members appointed to Board of TradeThe government has appointed 29 non-official members to the Board of Trade. This includes prominent figures like SBI Chairman CS Setty and ...
- Relief now, risk later? ECLGS 5.0 aims to ease MSME stress, industry flags risks in moratorium termsECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.
- From $300 to $8,500 freight: West Asia war squeezes UP MSMEs, delays stretch to 60 daysExporters report shipment delays of up to 60 days, 20-30% cost escalation, and growing order uncertainty due to the West Asia conflict.
- Trump’s 50% tariffs are here, Indian exporters scramble for survivalIndian exporters are grappling with the impact of U.S. President Trump's 50% tariffs, prompting survival strategies like offering discounts...
- How is the economy really doing? India’s 63 million small businesses may have the answerIndia's second-quarter GDP figures came as a surprise to many. However, this confirms the concerns of many small businesses who have been r...
- Budget 2024: No changes in RoDTEP, drawback schemes or 45-day payment rule a miss for MSME exporters, says industryGiven how significant exports are to India’s aspirations of being a developed nation, more policy measures that can enable the country to i...
- Budget 2024: R&D boost, Indian shipping line will give an impetus to exports, says industryWith India’s target of achieving $1 trillion in exports by 2030, introducing policy provisions that give a push to the sector becomes cruci...
- World Designing Forum to set up handloom cluster and apparel designing hub in AgraThe World Designing Forum announces India's inaugural Handloom Cluster and Apparel Designing hub in Agra, targeting fashion innovation and ...
- Not so festive: Why winter orders are not bringing in any cheer for exportersMerchandise exports shrunk to 12.7% in April on the back of sluggish demand and recession enveloping major markets. This has led to cancell...
- From Dongguan to Agra: How China+1 sentiment has given a leg up to India's leather industryThe leather and footwear industry in India has started reaping the benefits of the global trend to diversify the supply chain from China.
- What is a letter of credit and how to obtain oneA letter of credit works as an assurance given to the exporter that he will be paid by the bank for the trade.
- With US-China relations tense, Indian footwear makers are eyeing share in American marketIndia has a minuscule 1% share of the footwear market in the US, but Agra’s exporters are trying to expand their presence in the country, s...
- Tanneries in tatters: Country’s leather sector on the verge of collapseWith payments worth crores stuck overseas, the Indian leather sector has been hit hard by the economic fallout of the pandemic. Without gov...
- Slowdown is imminent in the current economic climate, exporters sayIndia’s exports are expected to face the brunt of currency devaluation across major economies.
- Budget 2019: Exporters lament lack of vision plan specific to their sectorThe annual growth rate of merchandise exports, the survey noted, fell from 10 per cent in 2017-18, to 8.8 per cent in 2018-19.
- Budget 2019: Access to credit, increased ease of doing business, top demands of tier 2, 3-based MSMEsEmploying over 60 million people and contributing 45% of industrial output and 40% of the country's exports, MSMEs are the critical growth ...
- Will the Environment Ministry order really ruin leather and meat processing industries?The meat industry will be happy if buffalo is removed from the definition of cattle, as the bulk of its exports is buffalo meat, unlike lea...
- Beef scare hits leather industry hard, many lose jobsThe beef scare is hitting the leather industry hard. Importers from Germany, France, Italy and the US, unsure about supplies from India, ar...
- 7th International Footwear Fair begins at AgraThe seventh International Footwear Components and Technology Fair began here today with 225 companies from 35 countries displaying their te...
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