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Commerce and Industry

India destined to become an auto manufacturing hub in coming years : Shri Prakash Javadekar

Minister of Heavy Industries and Public Enterprises Shri Prakash Javadekar today inaugurated NATRAX- the High Speed Track(HST) in Indore which is the longest such track in Asia. NATRAX, developed in an area of 1000 acres of land  , is a one stop solution for all sorts of high speed performance tests for widest categories of vehicles from 2 wheelers to ...

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APEDA facilitated exports of Burmese grapes ‘Leteku’ to Dubai

In a major boost to harness the export potential of agricultural and processed food products from north-eastern states, a shipment of fresh Burmese grapes referred as ‘Leteku’ in Assamese language has been exported to Dubai from Guwahati by air route. A consignment of Leteku, which contains vitamin C and Iron, was sourced and packed at a collection centre in Darang ...

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Index of Eight Core Industries (BASE: 2011-12=100) for April, 2021

The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries (ICI) for the Month of April, 2021.ICI measures combined and individual performance of production in selected eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity.The Eight Core Industries comprise 40.27 percent of the ...

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INDIA’S FOREIGN TRADE: April2021

India’s overall exports (Merchandise and Services combined) in April2021* are estimated to be USD 51.79Billion, exhibiting a positive growth of 93.21per cent over the same period last year. Overall imports in April2021* are estimated to be USD 58.72Billion, exhibiting a positive growth of 122.24per cent over the same period last year. *Note: i) The latest data for services sector released ...

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India’s Trade Performance continues to be impressive in April-2021

India’s export performance continues to be impressive in April 2021 with merchandise exports accelerating by an impressive 195.72 per cent over April 2020 levels and 17.62 per cent over the April 2019 levels. Merchandise export, excluding POL and Gems &Jewellery, have increased by 160.24% in April 2021 over the same period of 2020-21 and by 20.47% over same period of 2019-20. The ...

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QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF MARCH, 2021(BASE 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments. 2.        For the month of March 2021, the Quick Estimates of Index of ...

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Centre undertakes multiple initiatives to enhance Oxygen availability, distributionand storage infrastructure

In order to address the surge in demand for oxygen, the Central Government has undertakenkey measures to increase the availability, streamline the distribution and strengthen the oxygen storage infrastructure in the country. The steps undertaken focused on the entire oxygen supply chain. These include efforts for improving oxygen production, enhancing tanker availability to optimizelogistics, improving oxygen storage at thelast mile, ...

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INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR MARCH, 2021

The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of March, 2021. The combined Index of Eight Core Industries stood at 143.1 in March, 2021, which increased by 6.8 (provisional) per cent as compared to the Index of March, 2020. Its cumulative growth during April to ...

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Codex Committee on Spices and Culinary Herbs finalizes quality standards for 4 more spices

The Codex Committee on Spices and Culinary Herbs (CCSCH) has finalised and recommended quality standards for four spices; cloves, oregano, basil, and ginger, during its fifth session held virtually from 20th -29th April 2021. The committee forwarded these four new standards to the Codex Alimentarius Commission (CAC) for adoption at final step 8, as full -fledged Codex standards. In this session, CCSCH5 ...

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India’s merchandise imports in March 2021 were USD 48.12 billion as compared to USD 31.47 billion in March 2020an increase of 52.89%;

India’s merchandise exports in March 2021 were USD 34.0 billion as compared to USD 21.49 billion in March 2020, anincrease of 58.23%.Exports during April-March2020-21 were USD 290.18 billion, as compared to USD 313.36 billion during the same period of last year, exhibiting a negative growth of 7.40%. India’s merchandise imports in March 2021were USD 48.12 billion as compared to USD ...

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