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 National Industrial Corridor Development and Implementation Trust (NICDIT) has approved the inclusion of the Odisha Economic Corridor...

Read More


A trial run for the first export consignment from Bangladesh to Tripura, India, through inland waterways was conducted...

Read More


The 21st Session of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Senior Officials’...

Read More


Hydropower generation in Bhutan, the country’s biggest export, has increased by 14%, according to a report by ...

Read More


Mr. Harsh Vardhan Shringla, Foreign Secretary of the Government of India, paid a visit to Dhaka, Bangladesh, on...

Read More


The Government of Bangladesh approved a Tk 848.3 crore (around $100 million) for a road widening project that...

Read More


Ms. Himalee Arunatilaka, Sri Lankan Ambassador to Nepal, called on Nepal Prime Minister K.P. Sharma Oli on 18...

Read More