Import/Export Industry Notifications

The first double stack train was flagged off from ICD Gurugram (Garhi Harsaru) to APM Terminals Pipavav by GatewayRail Freight Ltd. (a subsidiary of Gateway Distriparks Ltd.) and Ocean Network Express (ONE), which will provide a secured connection to exporters. The double-stack train transported 180 TEUs in a single journey.

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Trade body AISTA said on Monday that the sugar mills had exported 2.49 million tonnes of the sweetener so far in the ongoing 2020-21 marketing year ending September, with maximum shipments to Indonesia.

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The Reserve Bank on Wednesday said a scheme providing interest subsidy for post and pre-shipment export credit had been extended by a year till March 31, 2021, a move which would give relief to exporters.

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Shri Piyush Goyal launches “DGFT Trade Facilitation App” for Providing instant access to Exporters/Importers any time anywhere. Shri Goyal says the Trade facilitation App is ready for Industry 4.0.

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According to industry analysis, India's chickpea crop will be much smaller than the government is forecasting, but that is unlikely to reopen the door to Canadian yellow pea exports to that market. Imported yellow peas can be used as a substitute for Indian desi chickpeas in years when there are supply issues; IGrain director Rahul Chauhan thinks that unlikely.

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According to ports' apex body IPA,  India's 12 major ports witnessed a 4.59% fall in cargo handling to 672.60 million tonnes (MT) in the just-concluded financial year after being hit by disturbances caused by COVID-19.

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Amendment in export policy of injection Remdesivir and Remdesivir API. The export of these injections falling under the ITC HS codes Ex 293499 and Ex 300490 have been prohibited with immediate effect.

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To reinforce confidence in India’s frozen shrimp produce, the country’s most important seafood export item, the Centre has kicked off a new scheme to certify hatcheries and farms that adopt good aquaculture practices.

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India’s plans to expand domestic oilseed production and cut vegetable oil imports worth $10 billion a year has come under World Trade Organization scrutiny with several members.

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