An Engineering Export Promotion Council of India (EEPC) report revealed that India’s engineering goods exports experienced a 3 per cent year-on-year (YoY) dip in November, totaling USD 7.85 billion. The setback was primarily attributed to disruptions caused by the festive season, impacting operations in major engineering export belts across the country, particularly in the northern […]
Tech major Apple is reportedly on a hunt for new suppliers in India, Japan and South Korea to provide crucial components to its contract manufacturers in India, according to a latest report by the Economic Times. Apple’s search came against the backdrop of delayed approvals from the Indian government for imports from existing suppliers, primarily […]
The Goods and Services Tax (GST) Council last week said that it has decided not to impose a tax on Extra Neutral Alcohol (ENA) at the national level, however, it’s now up to the states whether to tax ENA or not. ENA is an important ingredient used in making alcoholic drinks for human consumption. The […]
India’s trade data for September 2023, released by the Commerce Ministry, reveals a decline in exports by 2.6 per cent, which amounted to USD 34.5 billion compared to USD 35.4 billion in September 2022. “UK delegation will be in India for FTA negotiation. High-level engagements at various levels are ongoing to iron out differences. The […]
The Australian homeware brand has encountered both challenges and successes since its entry into the Indian market earlier this year. Pulkit Bansal, the Country Head of Anko India, highlighted the key challenges and consumer behavior differences between India and Australia, in an exclusive conversation with BW Retail World. “Most of our challenges have been pertaining […]
