export target

New measures soon to boost exports, investor confidence


August 28th, 2012 - 7:15 pm ICT by IANS
New Delhi, Aug 28 (IANS) The government will soon announce new steps to boost exports and investors' confidence in the Indian economy, Commerce Secretary S.R. Rao said Tuesday."The government is ... Read more...

Posted in Business |

Karnataka targets Rs.4 trillion software exports by 2020


August 15th, 2012 - 6:01 pm ICT by IANS
Bangalore, Aug 15 (IANS) With about 40 percent share of software export from India, Karnataka has set an ambitious export target of a whopping Rs.4 trillion (Rs.4 lakh crore) ... Read more...

Posted in Sci-Tech |

India’s July exports dip 14 percent


August 14th, 2012 - 5:43 pm ICT by IANS
New Delhi, August 14 (IANS) India's July exports declined 14.8 percent, according to data released here Tuesday.Exports stood at $22.4 billion compared to July 2011 when they were $26.3 billion. ... Read more...

Posted in Business |

Steps to boost Indian apparel exports on anvil


August 7th, 2012 - 12:04 am ICT by IANS
Bangalore, Aug 6 (IANS) India's textiles ministry is mulling a series of measures to boost export of readymade garments (apparel) despite growing competition from countries like Bangladesh, Vietnam, Kampuchea and ... Read more...

Posted in Business |

Export target hinges on revival of global economy: Fitch


June 5th, 2012 - 8:30 pm ICT by IANS
Chennai, June 5 (IANS) The government's target of 20 percent growth in exports during 2012-13 would depend largely on the revival of global demand, said credit rating agency Fitch Ratings.The ... Read more...

Posted in Uncategorized |

Government measures will help boost exports: Industry


June 5th, 2012 - 8:16 pm ICT by IANS
New Delhi, June 5 (IANS) Exporters and the industry welcomed the measures the government announced Tuesday to boost foreign trade, saying these would help achieve the $500 billion export target ... Read more...

Posted in Business |

Rs.35,000 crore loan restructuring for textiles industry


May 29th, 2012 - 9:32 pm ICT by IANS
New Delhi, May 29 (IANS) The government Tuesday announced restructuring a debt of Rs.35,000 crore of textile firms on a case-to-case basis in a bid to revive the debt-stressed ... Read more...

Posted in Business |

India’s exports drop by 5.71 percent in March


May 1st, 2012 - 2:39 pm ICT by IANS
New Delhi, May 1 (IANS) India's exports fell by 5.71 percent to $28.68 billion in March while imports surged 24.28 percent to $42.58 billion, leaving a monthly trade deficit of ... Read more...

Posted in Business |

Himalya International plant starts production


April 26th, 2012 - 5:38 pm ICT by IANS
New Delhi, April 26 (IANS) Himalya International Thursday said production had started at its new Rs.160-crore food processing plant at Sultanpur in Mehsana, Gujarat."The company has set up an ... Read more...

Posted in Business |

India surpasses $300 billion exports target


April 19th, 2012 - 6:37 pm ICT by IANS
New Delhi, April 19 (IANS) India's exports surpassed the $300 billion target in 2011-12 despite a slowdown in demand in major markets like the United States and Europe, Commerce Secretary ... Read more...

Posted in Business |

Cut cost of credit to boost exports: CII


April 1st, 2012 - 5:54 pm ICT by IANS
New Delhi, April 1 (IANS) India needs to reduce the cost of credit and address infrastructure bottlenecks to revive the growth in exports, an industry lobby said Sunday ahead of ... Read more...

Posted in Business |

India’s exports rose 6.71 percent to $25 bn in December


February 1st, 2012 - 2:45 pm ICT by IANS
New Delhi, Feb 1 (IANS) India's exports grew by 6.71 percent to $25.01 billion in December, while imports surged to $37.75 billion, leaving a monthly trade deficit of $12.74 billion, ... Read more...

Posted in Uncategorized |

India may miss $300 billion export target: FIEO


January 30th, 2012 - 3:18 pm ICT by IANS
New Delhi, Jan 30 (IANS) India is unlikely to meet the $300 billion export target set for the current financial year due to a slowdown of demand in the US ... Read more...

Posted in Business |

Indonesian economy may rise 6.7 percent in Q4


November 25th, 2011 - 1:27 pm ICT by IANS
Jakarta, Nov 25 (IANS) Indonesia's economy could grow by 6.7 percent in the fourth quarter should the government speed up spending amid high investment and consumption, Asian Development Bank (ADB) ... Read more...

Posted in Business |

Don’t overreact to rupee weakening: Khullar


November 22nd, 2011 - 8:10 pm ICT by IANS
New Delhi, Nov 22 (IANS) With the Indian rupee sliding to a record low of 52.73 against the US dollar Tuesday, Commerce Secretary Rahul Khullar said there was no need ... Read more...

Posted in Business |

Bangladesh registers 40 percent hike in apparel exports


February 20th, 2011 - 4:19 pm ICT by IANS
Dhaka, Feb 20 (IANS) Bangladesh has registered a 40 percent hike in its apparel exports in the last six months, with increased exports to India and new markets wrested from global leader ... Read more...

Posted in Business |

India raises export target to $220 billion


February 12th, 2011 - 3:44 pm ICT by IANS
New Delhi, Feb 12 (IANS) Buoyed by nearly 30 percent increase in the first 10 months, India has hiked its export target to $220 billion for fiscal 2010-11 from the earlier estimate ... Read more...

Posted in Business |

$8.25 billion exports by 2014 achievable: leather exporters


January 30th, 2011 - 10:51 pm ICT by IANS
Chennai, Jan 30 (IANS) India's leather exporters are confident of achieving the ambitious export target of $8.25 billion by 2013-14 from the current level of $3.4 billion even if the European Union ... Read more...

Posted in Business |

Pakistan to face power outages for many years


January 23rd, 2011 - 4:07 pm ICT by IANS
Islamabad, Jan 23 (IANS) Hit by acute power shortage, Pakistan will continue to face the problem of loadshedding for many more years, a top official has admitted.Pakistan Electric Power Company Limited (PEPCO) ... Read more...

Posted in South Asia |

India’s exports up 26.8 percent; trade deficit narrows


December 8th, 2010 - 4:43 pm ICT by IANS
New Delhi, Dec 8 (IANS) India's exports grew 26.8 percent to $18.9 billion in November while imports increased 11.2 percent to $27.8 billion, narrowing trade deficit to $8.9 billion in the month, ... Read more...

Posted in Business |

Pakistani exports show upward trend


December 1st, 2010 - 4:26 pm ICT by IANS
By Awais Saleem Islamabad, Dec 1 (IANS) The exports by Pakistani manufacturers have touched $7.8 billion in the first four months of ongoing 2010-11 fiscal, which marks a substantial 14 percent increase compared ... Read more...

Posted in South Asia |

September exports rise, but trade deficit a concern: Khullar


October 25th, 2010 - 6:49 pm ICT by IANS
New Delhi, Oct 25 (IANS) India's exports rose 23.2 percent in September, compared to the corresponding month last year, although a widening trade deficit due to a heavier import bill was a ... Read more...

Posted in Business |

‘Karnataka SEZ changing socio-economic landscape’


October 24th, 2010 - 7:52 pm ICT by IANS
New Delhi, Oct 24 (IANS) Clocking an export target of Rs.1,000 crore and creating 90,000 potential jobs, the Hassan Special Economic Zone in Karnataka has also begun undertaking corporate social responsibility, the ... Read more...

Posted in Business |

FICCI calls for upping the auto export target


October 4th, 2010 - 4:30 pm ICT by IANS
New Delhi, Oct 4 (IANS) The Indian automobile industry is confident of achieving the 2016 export target of $12 billion a good two years ahead in 2013-14, an industry lobby said Monday, ... Read more...

Posted in Business |

Centre extends sops for exporters to continue in global economic scenario


August 23rd, 2010 - 5:14 pm ICT by ANI
New Delhi, Aug 23 (ANI): The Central Government on Monday extended sops worth Rs 1,052 crore to exporters, particularly for the labour-intensive textile, handicrafts and leather sectors, to help them mitigate the ... Read more...

Posted in National |

India’s trade gap widens to $13 bn in July as exports drop


August 17th, 2010 - 5:06 pm ICT by IANS
New Delhi, Aug 17 (IANS) India's trade deficit widened to $12.93 billion in July as exports fell short of target due to lower demand of leather, handicrafts and readymade garments in the ... Read more...

Posted in Business |

Hyundai to produce more cars for Indian market, cut exports


August 6th, 2010 - 3:31 pm ICT by IANS
New Delhi, Aug 6 (IANS) Hyundai Motors India Limited (HMIL) Friday said it will produce 0.7 lakh more cars this year to meet the growing domestic demand. "We will increase our production capacity ... Read more...

Posted in Business |

Andhra sets IT exports target of Rs.70,000 crore by 2015


July 1st, 2010 - 8:14 pm ICT by IANS
Hyderabad, July 1 (IANS) The Andhra Pradesh government Thursday unveiled its new information technology and communications (ICT) policy, setting an export target of Rs.70,000 crore ($15 billion) by 2015 and offering sops ... Read more...

Posted in Sci-Tech |

Lux Industries sets Rs.100 crore export target this fiscal


June 29th, 2010 - 6:07 pm ICT by IANS
Kolkata, June 29 (IANS) Innerwear manufacturer Lux Industries is targeting a export turnover of Rs.100 crore this fiscal (2010-11), a top company official said here Tuesday. "We are targeting a turnover of ... Read more...

Posted in Business |

Dahej SEZ among top 25 global economic zones


June 9th, 2010 - 9:38 pm ICT by IANS
Gandhinagar, June 9 (IANS) The multi-product special economic zone at Dahej in Bharuch district of Gujarat has been rated as one of the 25 best economic zones in the world. A global survey ... Read more...

Posted in Business |

India should aim at $300-bn export target by 2014: Assocham


November 20th, 2009 - 5:20 pm ICT by IANS
New Delhi, Nov 20 (IANS) India must set an export target of $300 billion by 2014 as global economies would recover by then, says the Associated Chambers of Commerce and Industry of ... Read more...

Posted in Business |

India seeks to reverse export decline in new trade policy (Lead)


August 27th, 2009 - 4:40 pm ICT by IANS
New Delhi, Aug 27 (IANS) India's new Foreign Trade Policy was unveiled Thursday with a mix of fiscal sops and procedural reforms in a bid to reverse 10 consecutive months of decline ... Read more...

Posted in Business |

Anand Sharma unveils foreign trade policy


August 27th, 2009 - 3:14 pm ICT by ANI
New Delhi, Aug 27 (ANI): Union Commerce and Industry Minister Anand Sharma on Thursday announced a new foreign policy for the next five years which aims at an export target for 2010-11.He ... Read more...

Posted in National |

Highlights of India’s new Foreign Trade Policy


August 27th, 2009 - 2:22 pm ICT by IANS
New Delhi, Aug 27 (IANS) Following are the highlights of the new Foreign Trade Policy that was unveiled by Commerce Minister Anand Sharma here Thursday: -Duty entitlement passbook scheme extended till December 2010-Extension ... Read more...

Posted in Business |

New foreign trade policy seeks to reverse fall in exports


August 27th, 2009 - 1:22 pm ICT by IANS
New Delhi, Aug 27 (IANS) India's new Foreign Trade Policy was unveiled Thursday with a mix of fiscal sops and procedural reforms in a bid to reverse 10 consecutive months of decline ... Read more...

Posted in Business |

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