CHENNAI: The CBI has filed cases pertaining to a duty drawback scam of Rs 12 crore at the Tuticorin Port, where textile manufacturers based in Hosur and Tirupur and several other facilitating companies, have been accused of cheating and fraud.
A joint statement of the 16th AEM-India Consultations revealed that two-way merchandise trade between ASEAN and India grew by 9.8 per cent from USD 73.6 billion in 2017 to USD 80.8 billion in 2018.
BENGALURU : he Karnataka government proposes to set up a cluster for the construction sector to help localize manufacturing of fittings, hinges and other material to limit imports, help boost investment, and further channel its focus into labour-intensive micro, small and medium enterprises (MSMEs) to insulate itself from the economic uncertainties.
Niti Aayog Vice Chairman Rajiv Kumar on Monday urged Chinese businesses to look at India as an export destination from where they can sell their products to various countries.
New Delhi, Sep 10 As many as 46 textile objects, hand-woven on traditional Indian drawlooms, are put on display at an exhibition showcasing the finest trends of contemporary weaving from Varanasi.
India’s merchandise exports are expected to grow marginally to USD 82 billion (about Rs 5.82 lakh crore) during the current quarter of this fiscal, while non-oil exports may fall a tad to USD 69.48 billion (about Rs 4.93 lakh crore), Exim Bank has forecasted.