The development of Chabahar Port will help India enhance its logistical capabilities and expand its trade routes to Central Asia and for that there is a need to ensure necessary infrastructure, and processes to effectively manage the cargo flow at the port, economic think tank GTRI said on Tuesday. The Global Trade Research Initiative (GTRI) […]
As global supply chains face disruptions due to the ongoing challenges in the Red Sea, DP World has introduced a new solution to address critical raw material shortages affecting Turkish importers across various sectors, particularly automotive. Responding to the urgent need from several manufacturers and importers that use Türkiye as a production and export base […]
Raising import duty to 100 per cent, restoration of the proper budget for Market Intervention Scheme (MIS) and the abolition of GST on farm equipment, inputs and packaging material are some of the major demands that apple growers will raise in the run up to the voting in the state on June 1. “The apple […]
Netradyne, a provider of artificial intelligence (AI) technology for fleet and driver safety, announced its expansion into the U.K. market. The company has partnered with Intelex, a provider of aftermarket vehicle safety solutions based in Birmingham, for vehicle safety solutions in the region, according to a press release from Netradyne. “By combining Netradyne’s industry-leading Driver […]
DP World has launched its Beyond Boundaries Initiative on the African continent for the first time. The company unveiled its fifth repurposed shipping container of the global initiative, accompanied by a donation of cricket kits for local youth at an event at the South DP World Wanderers Stadium on Tuesday. The DP World Beyond Boundaries […]
Trade between India and Bangladesh through the Sutarkandi Land Port in Assam’s Karimganj district has seen a notable surge in recent years, with local businesses and residents anticipating further growth in bilateral trade in the near future. According to the Land Ports Authority of India, there are currently eleven operational land ports in India, including […]
India’s Tata Motors plans to import its Jaguar Land Rover (JLR) luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, two Indian government sources said. Tesla is also expected to start importing its cars to India and make an investment in the country, Reuters […]
The tension between Iran and Israel has reached new heights, sending ripples through the global supply chain and causing concerns for Indian exporters. The recent capture of the MSC Aries by Iranian forces has exacerbated an already precarious situation, raising fears of further disruptions and soaring freight costs. The incident unfolded against a backdrop of […]
India, the world’s largest consumer and producer of pulses, is diversifying its import sources to keep domestic prices stable by entering into long-term deals with Brazil and Argentina after several rounds of negotiations, according to government officials. For the first time, India is expected to import over 20,000 tonnes of black gram (urad) from Brazil. […]
In yet another major milestone for Apple in India, the tech giant’s Indian arm exported iPhones worth $10 billion from India in the fiscal year 2024, doubling its export value compared to the previous year. Under the Production-Linked Incentive PLI scheme, Apple exported about 70 per cent of all iPhones made in India, making Apple […]