Vibrant Gujarat Summit to shift focus to exports

AHMEDABAD: In a departure from the previous Vibrant Gujarat Summits (VGS) which mostly focused on foreign investment, the Gujarat Government this time is planning to lay emphasis on the exports, trade, commerce and services sectors for the VGS 2019. The intention is to showcase, promote and create market for Gujarat-based companies and domestic products in
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Aluminium exports from the Country increased by 36 per cent in 2017-18, aided by global demand, which outstripped supply. A spurt of 21 per cent in the commodity’s prices on the London Metal Exchange (LME); US sanctions on UC Rusal, one of the largest producers; and over-supply to the domestic market helped exports to rise
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Kinship Agency, one of the leading Customs Clearing Agents in Kanpur that handles Customs clearing of import and exports amongst all the ICDs in Kanpur, on June 22 exported the Dornier-228 Light Utility Aircraft to Seychelles. The formal handover ceremony of the aircraft to the President of Seychelles, Mr Danny Faure, was done by the
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With exports falling by 8 per cent, oilmeal shipments from India have been sliding in the first two months of the current year, says data compiled by the Solvent Extractors’ Association of India (SEA). The data shows oilmeal shipments falling by 8 per cent for the April-May 2018 period at 321,179 tonnes against 348,222 tonnes
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 Union Minister Radha Mohan Singh has asked Uzbekistan to consider importing sugar and other farm items such as wheat, muslin, potato and mangoes from India. Currently, India imports green gram (moong), natural gum, walnut, chickpeas, and juices from Uzbekistan. Imports of farm products was among other issues discussed by Agriculture Minister Radha Mohan Singh in
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The Centre issued a notification recently relaxing sugar exports norms. Sugar exports were subject to a subsidy of Rs 55 per tonne of sugar cane payable to cane farmers. However, in the earlier notification, the Ministry of Consumer Affairs had linked the compliance of all past conditions by mills to avail subsidy on exports. In
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India exported a record 10,28,060 tonnes of spices and spice products valued at Rs 17,929.55 crore in 2017-18 as against 9,47,790 tonnes worth Rs 17,664.61 crore in FY 2016-17, registering an increase of 8 per cent in volume and one per cent in rupee terms. In dollar terms, exports of spices were pegged at USD
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An interactive meeting on Trade and Investment Opportunities in Poland was recently organised by All India Association of Industries at the World Trade Centre, in association with the Embassy of the Republic of Poland in New Delhi, the Consulate General of the Republic of Poland in Mumbai and Indo-Polish Chamber of Commerce. In his address,
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Mr S. Ramesh, IRS, has taken over as Chairman, Central Board of Indirect Taxes and Customs (CBIC), on superannuation of Ms Vanaja N. Sarna last week. Prior to his elevation, he was Member (Administration) in the Board. Mr Ramesh began his career in Mumbai as Assistant Commissioner, Central Excise and thereafter in Mumbai Customs. He
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 Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu chaired a meeting in Delhi on 23rd June 2018, to review development of a strategy for revitalizing India’s exports. The Minister took stock of the latest export trends and expressed confidence over robust growth of total exports by 12.9% in 2017-18.  He said that trade
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