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SANJAY BUDHIA CII
India-Oman trade pact to open huge export opportunities for labour-intensive sectors: ExpertsIndia and Oman's new trade pact unlocks significant export potential for sectors like textiles, gems, and marine products. This agreement a...
Planing 500 delegations, outreach to 1,600 industry chambers to boost FTA utilisation: Piyush GoyalIndia is launching ambitious plans to boost its use of free trade agreements. The commerce ministry will send 500 delegations abroad and tr...
Focus on trade infra, MSMEs competitiveness to help India double share in global trade: CIIThe Confederation of Indian Industry (CII) suggests that by strengthening MSMEs, enhancing digital trade, and integrating deeply into globa...
Steps to cut port charges, buying more vessels to help boost export competitiveness: BudhiaThe measures will also significantly improve export competitiveness by decreasing the overall costs involved in shipping goods and will hel...
RoDTEP extension to help boost exports, create jobs: CII EXIM committee chairmanThe Indian government's decision to extend export benefits under the RoDTEP scheme until June 2024 will have a positive impact on domestic ...
Right policies, approach to help India achieve $2-trillion exports by 2030: CII EXIM panel chairman"With the right policies, coupled with fearless and proactive approach and implementation, India can stay on positive growth trajectory to ...
Restoration of GSP benefits by US to India is need of the hour: CII EXIM committee chairmanAn early solution for restoration of GSP benefits by the US to Indian exporters is the need of the hour as it would help further boost the ...
Indian exports picking up: Trade bodiesThe country's exports rose by 5.37 per cent year-on- year to USD 27.24 billion in January 2021, mainly driven by healthy growth in pharmace...
CII, EEPC worried over hurdles faced by engineering exporters"Engineering exporters are going through one of the most turbulent and trying times. Out of India's total merchandise export of $320 billio...
Trade bodies urge Centre to set up shipping regulator to control surging freight chargesAfter contracting for six months in a row, the country's exports grew by 5.27 per cent to USD 27.4 billion in September.
Exporters seek relief amid COVID-19 outbreak, SBI working on packagesChairman of CII National Committee on Exports and Imports, Sanjay Budhia said China has announced export rebate of up to 13 per cent and al...
Grant 5 year tax holiday to manufacturing units in SEZs: CII to governmentCII has demanded a one-time 100 per cent income tax holiday of five years for manufacturing units in special economic zones, saying that th...
Exporters unable to take long term positions due to FTP delayThe government has yet to announce the new Foreign Trade Policy (FTP 2014-19) although six months of the current fiscal are over.
- Government to make procedures more simpler for exporters: Director General of Foreign Trade
The Commerce Min is focusing on simplifying the procedures for exporters in order to reduce transactions cost and boost India's overseas sh...
Ecuador to hold investment road show in India next monthAn investment roadshow by Ecuador to attract Indian investment will be held in a number of Indian cities next month.
Drawback rates a big dampener; Govt must review decision: CIIThe government must review the decision to cut duty drawback rates by 26-30 per cent as they will hit India's exports, industry body CII to...
Indian exporters hopeful of quick renewal of GSP by USIndian exporters are hopeful that the US will quickly renew its Generalised System of Preferences (GSP), which would expire on July 31.
- CII pitches for more sops to exporters as trade to western markets like US and EU declines
Industry body CII today asked the Commerce Ministry to extend more sops to exporters in the backdrop of declining exports to western market...
Cut in duty drawback rates to impact engineering sector: CIIExpressing concern over cut in duty drawback rates for sectors like engineering, CII today said the move would erode competitiveness.
- DEPB termination will hurt exports in absence of an alternative plan: CII
The 14-year old scheme has been extended many times by the finance ministry on the recommendation of the Commerce Ministry since 1997.