At a recent conclave of air cargo CEOs in Chennai, a pharma exporter observed that Indian freight forwarders were nothing more than booking agents since they couldn’t offer guaranteed rates for a given period, unlike their counterparts in other exporting markets. His words took the audience by surprise, but he had a valid point since … Read more
While India’s export numbers are encouraging, caution is warranted due to rising global tensions and unevenness in global growth, according to a report by CRISIL Market Intelligence & Analytics (MI&A). What this means is that maintaining export momentum will not be an easy task, opined Crisil’s Dharmakirti Joshi, Chief Economist; Adhish Verma, Senior Economist and Meera Mohan, Economic Analyst. Also … Read more
Basmati rice exports have shown a 19 per cent growth in dollar terms at $3.97 billion in the first three quarters of the current financial year on demand from countries such as Saudi Arabia and Iraq. In the same period last year, basmati exports were $3.33 billion, as per the latest provisional data released by … Read more
As the Indian soyameal gets out-priced in the world market on falling global prices, the trade has revised its export projection downwards by over a fifth for the oil year 2023-24 ending September. “The prospects for export of soybean meal in the remaining period of this marketing year look slightly pessimistic as we are out-priced … Read more
There was a time when Dilpreet Singh, a farmer from Sangrur, was going from pillar to post to sell his millet. Local shops were turning him away. But now, a lucrative overseas market has suddenly opened up for him. It all happened when Singh was browsing the internet looking for sales avenues for his millet. … Read more