Urgent need to recognize retail e-Commerce exports as an industry New Delhi, 30th May 2017: MSME Additional Secretary & Development Commissioner S N Tripathi unveiled a study ‘Exploring Potential of e-Commerce for Retail Exports of Indian MSMEs in Manufacturing Sector’ prepared by FICCI, Ind…
Tag: MEIS
भारत में रिटेल ई-कॉमर्स निर्यात को तत्काल उद्योग का दर्जा देने की जरूरत: FICCI–IIFT Study
नई दिल्ली, 30 मई 2017: ई-कॉमर्स का असर वैश्विक कारोबार तंत्र में तेजी से बदलाव ला रहा है। ई-कॉमर्स की परिघटना पिछले पांच साल में काफी लोकप्रिय हुई है। ई-कॉमर्स फाउंडेशन की ग्लोबल बिजनेस टु कंज्यूमर्स (बी2सी) ई-कॉमर्स रिपोर्ट 2016 के अनुसार साल 2015 में बी2सी ई-कॉमर्स बिक्री में सबसे ज्यादा हिस्सा…
Currency Switch Impact | SIMA suggests measures to overcome demonetisation impact
The Southern India Mills’ Association (SIMA) has sought certain remedial measures to enable the industry to mitigate the challenges posed by the cash crunch created by demonetisation. SIMA has suggested enhancing the working capital limit by 50 per cent and increasing the existing NPAs peri…
Leather exports dip 8% in August; exporters seek more support
Export of leather and its products dipped by about 8 per cent in August to USD 451 million due to demand slowdown in the major market of European Union (EU). “The EU market accounts for about 65 per cent of India’s leather exports and the situation there for Indian product is not good,” Council o…
Government’s effort increases merchandise exports
The merchandise exports from the country have registered an increase of 1.27 percent in Dollar terms (6.72 percent in Rupee terms) in June 2016 compared to the same month of the previous year. The details of key efforts made by Government for increasing exports are as follows: i) The New Foreign …
Govt eases garment export incentives
Concerned over stagnating garment exports, the Union ministry of commerce has removed restrictions under the Incremental Exports Incentivisation Scheme. The Directorate General of Foreign Trade, in a notification, allowed regional authorities to process cases in this regard without imposing any c…
Government classifies online sales to foreign buyers as exports
The government on April 12 said all sales by Indian sellers to foreign buyers through digital platforms would be classified as export. All domestic sellers who supply goods and services to foreign buyers would be classified as exporters. It will allow them to claim benefits under the Merchandise …
Nirmala Sitharaman lauds chemicals and dyes industry
Government of India is making all out efforts to help growth of new generation of entrepreneurs to flourish, in every sector and in all parts of the country, Sitharaman said. Lauding the export performance of chemicals and dyes industries in India, Nirmala Sitharaman, Hon’ble Minister of State fo…
Commerce Minister Nirmala Sitharaman meets EPCs to address export concerns
Nirmala Sitharaman, Minister of State (Independent Charge) for Commerce & Industry held a meeting on Februray 4 with the Chairpersons of major Export Promotion Councils to review the current trend of exports from India and to take stock of issues faced by the exporters. 11 Export Promotion Co…
Textile industry seeks sops, excise duty removal
In a bid to salvage the dwindling cotton yarn exports, the textile industry has sought extension of the three per cent interest subvention, along with other export benefits to cotton yarn under MEIS and IES on a par with other textile products from the ministry of textiles. In representations by …