Import/Export Industry Notifications

Fearing a possible flight of migrant labourers in the wake of the second wave of the Covid-19 pandemic, exporters at some of the key hubs have started urging their workers to refrain from leaving the factories this time around just when order flows are improving.

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India has emerged as a steady, dependable supplier of agricultural products: APEDA Chairman. Exports of APEDA scheduled products increased 21.3% during April-February last fiscal. Cereal exports increased 47.68% during the same period.

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As the pandemic explodes, threatening to obstruct economic activity, the textile industry, which has never had it so good on the export orders front, has sent out an SOS to the Centre and state Chief Ministers.

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The challenges in sourcing container equipment in Asia are escalating, with unrelenting US import demand and choked logistics chains continuing to slow the turnaround of boxes.

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Effective immediately, ERAP or Emergency Response Assistance Plan will be required for all Philippine export Dangerous Cargo shipments.

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The Indian Economy has shown notable resilience during the global pandemic and trade shock that started to affect the global economy towards the end of 2019-20 and acquired catastrophic proportions in 2020-21. Cumulative value of overall exports (merchandise & services) during April-March 2020-21 estimated at USD 493.19 Billion.

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After the government approved of duty-free import of cotton yarn, exporters have requested that the leadership open imports from India. They have also requested the government to extend incentives until the country achieves its yearly cotton production target.

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India and Japan are strategic partners with a common interest in promoting peace, security, stability, and prosperity globally, especially in the Indo-Pacific region. Over the years, Japan has been one of the most important economic partners for India’s development.

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On Saturday, the CPI (M) requested to lift its ban on the export of vaccine material, alleging that it has hampered the production of vaccines in India due to a shortage of such materials.

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