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INDIA-SYRIA trade

India-Syria trade to reach $500 million in next 3 yrs: FIEO

India-Syria trade to reach $500 million in next 3 yrs: FIEO NEW DELHI: The bilateral trade between India and war torn Syria is expected to reach USD 500 million in next three years as there are huge exports potential for domestic players in areas, including automobile, machinery and plastics, exporters body FIEO said Tuesday.  Federation of Indian Export Organisations (FIEO) President Ganesh Kumar Gupta is leading an 84-member business delegation to Syria for discussing ways to promote trade.  The bilateral…

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DOUBE-EXPORT

India to double exports by 2025: Suresh Prabhu

India to double exports by 2025: Suresh Prabhu Union Minister of Commerce & Industry and Civil Aviation today chaired a meeting of different exports stakeholders and Commerce Ministry officers to discuss a strategy for revitalizing India’s exports and doubling the country’s exports by 2025. The Minister said that this is necessary in view of challenges like uncertainty of global trade, rigid approach of banks affecting availability of credit, high logistics cost and productivity standards and qualities. Exports create jobs, bring…

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Vegetables Export

State’s vegetables have good scope for export

State’s vegetables have good scope for export Panaji: Goa has immense potential to export its vegetables produced by local farmers, said experts speaking at a seminar on prospects for export of vegetables held Panaji on Monday.  “There is tremendous scope in Goa because there is a lot of  fallow land,” chairman of Goa state horticulture corporation, Madhav Kerkar, said, adding adequate technology must be given to farmers looking to export their produce.  “Good agricultural practices involve not only disease and pest management, but…

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INDIA-SINGAPORE free trade Agreement

India, Singapore Launch Next Round of Free Trade Agreement Review

India, Singapore Launch Next Round of Free Trade Agreement Review India and Singapore Saturday launched the next round of review for their existing free trade agreement with a view to further boost bilateral trade and investments between the countries, the commerce ministry said. The free trade agreement, officially dubbed as the Comprehensive Economic Cooperation Agreement (CECA), came into force in 2005. In a FTA review, two trading partners normally discuss ways to further relax norms and rules to promote trade…

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COCONUT EXPORT

Coconut exports earn India Rs 6448 cr in 2014-18

Coconut exports earn India Rs 6448 cr in 2014-18 India has earned Rs 6448 crore during 2014-18 from export of coconut products, said Minister of Agriculture and Farmers’ Welfare Shri Radha Mohan Singh. Speaking on the occasion of World Coconut Day on Sunday, Singh said income earned from export of coconut products was Rs 3975 crore during 2004-14, which increased to Rs 6448 crore during 2014-18. Every year September 2 is celebrated as World Coconut Day to commemorate the formation…

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Automobile, pharma firms big beneficiaries of export incentive scheme

Automobile, pharma firms big beneficiaries of export incentive scheme Automobile and pharmaceutical companies have emerged as big beneficiaries of the commerce ministry’s export incentive scheme ‘MEIS’ as they have received the major portion of the disbursals.  Under the Merchandise Exports from India Scheme (MEIS), the government provides duty benefits at different rates depending on product and country.  Rewards under the scheme are payable as percentage of realised free-on-board value and MEIS duty credit scrip can be transferred or used for…

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India to explore avenues to boost exports to Kenya

India to explore avenues to boost exports to Kenya

India to explore avenues to boost exports to Kenya India is the second largest investor in Kenya according to KenInvest. The bilateral trade was valued at USD 2.05 billion in 2017-18. India will explore opportunities to increase exports of petroleum products, cars and motorcycles, and mobile phones to Kenya during the joint trade committee meeting of the two countries beginning Thursday, sources said today. The Eighth Session of the India-Kenya Joint Trade Committee Meeting is being held in Nairobi, the…

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Why Exporters Fail in the International Market

Why Exporters Fail in the International Market? Starting an Export Import business can be very lucrative and rewarding if you have the right prior guidance. It is very easy to start, but easier to fail if you fail to address the below highlighted points. The questions to answer are: What are the profitable products? What would be their target countries or market? How to get the buyers (clients)? To elaborate more on the Failure factors, please read below. It is…

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Employee vs Entrepreneur

Employee vs Entrepreneur

Employee vs Entrepreneur The major reason for going through education system is mainly to get a good paying job and have a good life, but that is not the guarantee for a fulfilled life. There is a clear difference between good-life and fulfilled-life. Both may sound alike, but the term, “Fulfilled-life,” gives you the opportunity to live at your own terms unlike the, “Good-life,” which comes from employment where you are not certain of when and where it might end.…

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