Granting to the recent government statements, prior clearance of Directorate General, Civil Aviation and an import permit from the Director General of Foreign Trade will be necessary for import of drones in India and UAVs (Unmanned Aerial Vehicles). The commerce ministry quoted in a notification. Importing Unmanned Aerial Vehicle (UAV)/Unmanned Aircraft System/ remotely piloted aircraft/drones […]
In 2015-16 Seafood exports from India declined by 9% to Rs 30,421 crore
In 2015-16, The seafood export has declined by 10% in quantity and 9% in value from India, as compared to last year. According to research, India has exported 945892 tons valued at Rs 30,420.83 crore. Prices of frozen shrimp slipped to $8.28 per kilogram from $10.38 per kg in 2014-15. Majorly India exported seafood to […]
Cardamom Price In India May Hike Due To Late Harvesting And Lower Output
This year cardamom trade could affect as there is delay in harvest and the cardamom price In India also hike due to anticipated sharp decline in output. This could impact a lot for the initial purchasing in the festive season. Now in India, the cardamom price is lingering around Rs 800/kg and it is also […]
The Textile exports from India Expected 6% Growth In FY17
According to a research made by ICRA on the Indian Textile Industry, revealed that following a 2% decline in the textile exports in the fiscal year 2015-2016, the exports are expected to rise by 6% (USD 40 billion) in the FY17. This advance of Indian textile exports from india is lead by the hike in […]
In FY17 Soya Traders Hope for Better Soybean meal export from India
Owing to the increased area of agriculture and adequate rainfall, in this financial year, The Indian Soya traders are expecting better domestic as well as international sales of Soybean meal export from India. In this year, the soyabean cultivation improved by 1.2% i.e. to 10.61 million hectares land- says from an analysis. As the current […]
In India, there should be Minimum Import Price on steel
According to Large-scale domestic steel makers, there should be the minimum import price of steel in India and for this, they are pressing the Government for continuing. in cutting cheap imports and fix up the price of steel in the local market, the minimum import prices have helped the manufacturers. This protective measure for 173 […]
Shipping of Solar panels in India on the Rise : Trade Genius india
As inbound shipments have surged over 3 times, in this financial year as compared to the last year, Shipping of Solar panels and segments are on the increase, i.e from Rs 5,051 crore in FY15 to Rs 15,523 crore in FY16. New and Renewable Energy Minister, Piyush Goyal, replied in Rajya Sabha” in the month of […]
In Make in India’s success 12 vital nutrients to play a major role
There are 12 minerals which take a major part in making ‘ Make in India ’ program a success and also helps in the development of Indian Economic system analyzed in a research by a leading policy research body; the Council on Energy, Environment, and Water (CEEW). The 12 minerals such as- germanium, beryllium, rhenium, […]
