The Indian government released the Foreign Trade Policy (FTP) 2023 last week. The policy aims to increase India's merchandise and services exports to USD 2 trillion by 2030. The new foreign-based policy proposes to shift from an incentives-based regime to a remission and entitlement-based one to achieve the ambitious target.
3 Apr 2023'Manufacturing cannot happen end to end only in one geography, and it has to be part of a global value chain and global supply chain,' Prabhu said
1 min read13 Jan 2019The founder of Dream Theatre, India's first independent licensing representation agency, talks to 'Mint' about the merchandising business, his inability to read music and his 'Jerry Maguire' moment
7 min read19 Oct 2018The new WTO-compliant export incentive scheme will replace the existing Merchandise Exports from India Scheme
1 min read17 Oct 2018Brands such as ONLY, Vero Moda and Jack & Jones, Volkswagen and DLF Brands will bring out special collections until 18 November, Mickey Mouse's birthday
3 min read18 Oct 2018Merchandise trade expected to decline to 3.9% in 2018 due to trade tensions: WTO
2 min read27 Sep 2018In 2017-18, the ministry disbursed about ₹31,000 crore to exporters under the export incentive scheme MEIS, while it was over ₹23,000 crore in the previous fiscal year
1 min read3 Sep 2018Puma India witnessed a 37% increase in sales over last month in football merchandise whereas Shopclues claims to sell 4,000 footballs and about 300 to 350 fan jerseys everyday
2 min read27 Jun 2018Goods imports last month were $39.6 billion, a gain of 4.6% from a year ago, data from the commerce and industry ministry showed
1 min read15 May 2018Growth in global trade is expected to moderate to 4% 2019, which is 'below the average rate of 4.8% since 1990 but still firmly above the post-crisis, says WTO
2 min read13 Apr 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared