With the addition of Grand Vitara, the company aims to further strengthen its position as India's leading passenger vehicle exporter, the automaker stated
Imports during the month, however, grew by 5.44 per cent to $59.35 billion as against $56.29 billion in September 2021, the data showed
Imports shot up by 43.61 per cent to $66.27 billion in the month compared to July 2021, the data showed
Official sources have shared that the government has plans to come up with a production linked incentive scheme for hearables, wearables as well as an upgraded PLI scheme for IT hardware and electronics
Nandi said that the state has emerged as the 5th largest exporter in the country, and has witnessed unprecedented growth in the development of airports and expressways
As per the data, the gold imports almost halved to $2.37 billion in July compared to $4.2 billion a year ago
In the April-October period this year, the services sector has grown at a healthy 31.43 per cent, while merchandise exports have grown by 12.5 per cent
Federation of Indian Export Organisations (FIEO) also said the government initiatives are helping the country record a healthy growth rate in exports
During the second week of this month (May 15-21), the exports grew by about 24 per cent to $8.03 billion, the official added.
Amazon has also doubled its export pledge to now enable $20 billion in cumulative exports from India by 2025.
The export shipments for which irrevocable letters of credit (LoC) have been issued on or before the date of this notification will be allowed
Imports during the month under review grew by 30.97 per cent to $60.3 billion. The trade deficit in April 2021 was $15.29 billion.
