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Commerce and Industry Minister Piyush Goyal on Wednesday said that the government is taking several steps to increase India’s exports and its share in global trade.

The Indian textile industry can become a $300 billion industry by 2030 and create an additional 35 million jobs, CII Tamil Nadu State Council Vice Chairman Hari Thiagarajan said on Wednesday.

Logistics cost in India is more expensive than the United States, which needs to be minimised using the country's railways and waterways, said an expert on Wednesday at the Global Exhibition of Services (GES).

The Commerce Ministry has taken action against 1,271 companies for misusing facilities under the export promotion scheme during the last three years, Parliament was informed on Wednesday.

The rupee on Thursday opened 3 paise higher at 71.32 against the US dollarNSE -0.27 % following sustained inflows by foreign funds.

Tirupur: A two-day road safety awareness expo was inaugurated by district collector K Vijayakarthikeyan in the city on Wednesday.

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