Import/Export Industry Notifications

Bureau of Indian Standard (BIS), the national standards body, has suggested providing standards and quality-related solutions to developing and least developed countries, which are at the same level of technological advancement and have similar climatic and socio-economic conditions.

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A parliamentary panel has recommended the Department of Commerce to take appropriate measures to check the further deterioration in exports and crucial imports for preventing more disruptions in the supply chains.

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India will not be under pressure at the World Trade Organisation (WTO) to re-consider its import duties on specific Information Communication and Technology (ICT) products. This will include mobile phones for at least another year as the dispute panels for examining complaints made against the taxes by some members have sought more time to submit their reports.

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On Wednesday, a trade body said that Indian mills have contracted to export 4.3 million tonnes of sugar so far in the 2020/21 season-ending on Sept. 30, as a rally in global prices to a four-year high and an export subsidy makes overseas sales lucrative.

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Andhra is set to export 75,000 metric tonnes in 2020-21, maintaining its run of success in producing bananas. Officials & private firms credit partnership model.

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First Virtual Trade Fair (VTF) organised by APEDA to encourage the exports potential of India’s agricultural and processed food products during the COVID19 pandemic attracted a tremendous response from participants, exporters and buyers from countries including India, UAE, Brazil, New Zealand and France.

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On 17th March, the Chief Secretary, B. V. R. Subrahmanyam, chaired a meeting on ‘Promoting District as Export Hub’ to substantially boost the export of products from Jammu and Kashmir. The scheme will support measures required for the acceleration of exports in sectors in which the UT has relative competitive advantages.

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The Plastics Export Promotion Council has said that plastics' exports have grown in January 2021 (up 12.2% vis-vis January 2020) and February 2021 (up 3.2% vis-vis February 2020 on a provisional basis) - marking the second successive month of growth in plastics' exports in the New Year.

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As a challenging financial year comes to an end, the government is stepping up its endeavours to prepare a sectoral action plan for India’s battered exports, which can be put in motion quickly. It will focus on short-term targets and specific strategies to encourage specific products' outbound shipment in the near term. India’s share of exports continues to remain high in goods that are less traded and low in goods that are traded more in the world.

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