Vietnam is a major supplier of cashew kernel and is a competitor to India.  Industry has reported that processing cost in India can be attributed to a variety of factors like increased wage cost, lower output of cashew kernel, domestic and international demand-supply situation which increase the processing cost. Details of Export of Cashew Kernel from India between CY 2013 ...

There has been no decline in India’s export of oilmeals during the last three years and the current year.   Soybean meal constitute major share (more than 60%) in export of all oilmeals. Merchandise Exports from India Scheme (MEIS) on export of soyabean meal has been increased to 10% from 7%  from 13th July, 2018.  MEIS is available at the rate of  ...

The demand of spices from India has increased by an annual growth of 5%. The export of spices from India has also increased. The details of spices exported from India during last 3 years are given below:   Year Quantity of spices exported from India ( in tonnes) Value (Rs in lakhs) 2015-16 8,43,255 1623823 2016-17 9,47,790 1766461 2017-18 10,28,060 ...

Leather Industry occupies a prominent place in the industrial map of the country. India is the second largest producer of footwear, 2nd largest exporter of Leather Garments, 5th largest exporter of Leather Goods and 3rdLargest Exporter of Saddlery and Harness items. Uttar Pradesh and Maharashtra are major production and export centres of leather, leather products and footwear.  According to membership records of ...

The growth of manufacturing sector as measured by the Index of Industrial Production (IIP) with base year 2011-12, has been consistently increasing over the past three years and the current year. Growth rate (in per cent) of manufacturing sector, as per Index of Industrial Production Year 2015-16 2016-17 2017-18 2018-19 (April-October) (Provisional) Growth 2.8 4.4 4.6 5.6 Source : Central ...

At present, there are 58 projects in different States sanctioned by Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce and Industry under Industrial Infrastructure Upgradation Scheme (IIUS)/Modified Industrial Infrastructure Upgradation Scheme (MIIUS) based on the project proposals received from Special Purpose Vehicles(SPVs)/State Implementing Agencies (SIAs). However, no project has been sanctioned in Sheohar district of Bihar under IIUS. ...

Sixteen States have implemented 75% or more of the 340 reforms based on Implementation Score in Business Reform Action Plan 2016.In Business Reform Action Plan 2017-18, 18 States have achieved a combined score (Reform evidence score and Feedback score) of more than 75%.   TOP ACHIEVERS (ABOVE 95%) RANK STATE SCORE (%) 1 Andhra Pradesh 98.30 2 Telangana 98.28 3 ...

National Investment & Manufacturing Zones (NIMZs) are one of the important instruments of National Manufacturing Policy, 2011.  NIMZs are envisaged as large areas of developed land with the requisite eco-system for promoting world class manufacturing activity. So far, three NIMZs namely Prakasam (Andhra Pradesh), Sangareddy (Telangana) and Kalinganagar (Odisha) have been accorded final approval and 13 NIMZs have been accorded ...

The Department of Industrial Policy and Promotion (DIPP) announced results of thefirst ever States’ Start-up Ranking 2018 at an event in New Delhi today. DIPP began this exercise from January, 2016. States have been identified as leaders across various categories such as Start-up policy leaders, incubation hubs, seeding innovation, scaling innovation, regulatory change champions, procurement leaders, communication champions, North-Eastern leader, ...

Union Minister of Commerce &Industry and Civil Aviation, Suresh Prabhu,said that the Ministry is examining the proposal to set up trade promotion bodies in 15 countries to promote exports of SMEs from India. Suresh Prabhu was speaking at the inaugural session of the 15th Global SME Business Summit in New Delhi today. The Ministerinformed the participants of the Summit about the ...