India Promoting Product Access to Boost Exports

1 August 2016

The Government of India is taking steps to boost the country’s exports by promoting access to new products, and expanding market development schemes and market access initiatives.

According to Ms. Nirmala Sitharaman, India Minister of State, Ministry of Commerce and Industry, the country is promoting product standards and packaging and branding of Indian-made products. It is also providing a facility for duty-free import of machinery for production of goods for export.

India’s share of exports in global trade was 2.2% in 2015. India’s share of merchandise exports was 1.6% and of commercial services 3.3%, said Ms. Sitharaman.

 

Related Link:

The fourth meeting of Nepal-Bangladesh commerce joint-secretary level technical committee was held in Kathmandu, Nepal on 22-23 October...

Read More


India and Nepal held a two-day energy secretary level meeting on 14-15 October 2019 in Bangalore, India. The...

Read More


The Government of India has, in principle, allowed Nepal access to three inland waterway routes: (i) Kolkata-Kalughat, Raxaul;...

Read More


The Government of India plans to implement a National Logistics policy to help bring down the logistics cost...

Read More


The Kolkata Customs of the Government of India has granted an 84.33% subsidy for Nepali cargo duty insurance,...

Read More


The 69 kilometer Motihari (India)-Amlekhgunj (Nepal) pipeline, signed by India and Nepal in 2015, was jointly inaugurated by...

Read More


Construction of Colombo's first elevated highway commenced on 10 September 2019 with Sri Lanka Prime Minister Ranil Wickremesinghe...

Read More