EXPORT MARKETING PLAN
Beverages maker RockClimber plans to raise $5 million, aims Rs 100 crore turnover RockClimber targets Rs 100 crore in sales, raising $5M for expansion and online growth. Launching energy drinks and focusing on quality, they have 140 distributors, mainly targeting the Middle East and Africa. Co-founder Deepak Poduval emphasizes fa...
04 Jul, 2024, 04.13 PM ISTGokaldas Exports MD on PLI scheme, export growth and organic growth expected in ‘24 Gokaldas Exports focuses on women's fashion, outerwear, and sportswear. They will continue to focus on those segments and are seeing growth across all of these product categories.A 15% growth should be possible organically, that is how the company m...
04 Jul, 2024, 01.56 PM ISTInterest equalisation scheme for exporters extended for 2 months; FIEO disappointed The scheme helps exporters from identified sectors and all MSME manufacturer exporters to avail of rupee export credit at competitive rates at a time when the global economy is facing headwinds. Exporters get subsidies under the Interest Equalisatio...
28 Jun, 2024, 10.05 PM IST- ADVERTISEMENT
What would Japanese intervention to boost a weak yen look like? Amid market uncertainties and political pressures, Prime Minister Fumio Kishida considers intervening to stabilize the yen ahead of the ruling party leadership race. The effectiveness of intervention in addressing public concerns over the weak yen a...
27 Jun, 2024, 07.53 AM ISTElectric vehicles: Desi automakers are seizing export opportunities driven by increased demand for cleaner mobility Domestic auto makers like Maruti Suzuki, Hero MotoCorp, and TVS Motor are seizing the export opportunity in the electric vehicle market. Maruti Suzuki is set to export its first electric SUV to Europe, Hero MotoCorp is launching its VIDA V1 electric...
25 Jun, 2024, 05.30 AM ISTPlan to double market share in country: Volvo CE India MD Volvo CE India aims to double its market share in India's CE sector, currently at 6.5%. Managing Director Dimitrov Krishnan plans to achieve this growth by leveraging the fast-growing infrastructure development in the country.
19 Jun, 2024, 10.02 PM ISTExport duty on onions to stay as domestic prices recover India's central government is unlikely to remove the 40% export duty on onions imposed last month, as domestic onion prices have almost doubled in the last month. The average rate of onions at the benchmark Lasalgaon APMC was Rs 28/kg on Tuesday, up...
18 Jun, 2024, 09.00 PM ISTBoost for Hyundai Motor export plans, as auto co plans to launch slew of EVs over next 4 years Hyundai Motor India Ltd (HMIL) is planning a ₹25,000 crore IPO to drive its parent company's strategy of making India a key export hub. The company plans to introduce nearly half a dozen electric vehicles for local sales and exports as part of this ...
16 Jun, 2024, 08.54 AM ISTDomestic market access for SEZs, SOP for trade pacts likely in 100-day plan The commerce department is developing a 100-day action plan focusing on various key areas. This includes allowing Special Economic Zones (SEZs) to sell in the domestic market, setting up a comprehensive trade information platform, standard operating...
13 Jun, 2024, 12.11 AM ISTGovt steps help boost toy exports, manufacturing; more work needed: DPIIT Secretary In the interim Budget in February, the Commerce and Industry Ministry has recommended an outlay of Rs 3,489 crore for the Production Linked Incentive (PLI) scheme for toys to boost domestic manufacturing of the sector.
12 Jun, 2024, 07.49 PM ISTJapan's Nikkei edges up as financials, export shares rise Japan's Nikkei share average edged up on Monday as export-related stocks rose on a weaker yen following stronger-than-expected U.S. jobs data and a rise in domestic yields boosted financial stocks.
10 Jun, 2024, 09.04 AM ISTOil rises on strengthening Fed rate cut expectations Oil prices rose in Asian trading on rising expectations of a Federal Reserve interest rate cut in September and a rebound from a selloff linked to growing U.S. inventories and an OPEC+ supply increase.
06 Jun, 2024, 08.06 AM ISTCreating an Export Development Fund is crucial for the MSME ecosystem: FIEO’s Ashwani Kumar A budgetary support equivalent to 1% of preceding year’s export value should be made available every year through the budget grant to the Department of Commerce, he says.
29 May, 2024, 02.29 PM ISTConfident of reaching around 15% revenue growth in next 2-3 years: CB Ananthakrishnan, HAL We are taking a multi-pronged approach both in terms of capacity expansion, improving our manpower, increasing our manpower requirement as and wherever it is required, also increasing the private sector participation on the various programmes to se...
21 May, 2024, 12.40 PM ISTIndia has changed from a nation of savers to a nation of investors: Uday Kotak Kotak, the banking industry stalwart, hailed India's transition from a nation of savers to investors. Reflecting on the past, he recalled companies resorting to foreign exchanges for capital. He emphasized India's shift towards investment culture, n...
17 May, 2024, 09.04 PM ISTChina’s factory glut alarms the world but there’s no quick fix Complaints about China's factory overcapacity are growing, but Beijing is hesitant to make changes that could harm its fragile economy. The EU criticized China for overproduction, urging action in the short term. China announced plans to slow expans...
09 May, 2024, 09.47 AM ISTMaruti Suzuki reveals recipe for improved export plans in FY25 Indian automaker Maruti Suzuki is targeting nearly 3 lakh exports in FY25, focusing on improving its portfolio abroad. With 283,067 units exported, the company has been India's top passenger car exporter for the third consecutive year. The company h...
02 May, 2024, 11.36 PM ISTBreitling India sales soar, plans to invest more to step up play Swiss watch exports to India grew 16.5% year-on-year in 2023, indicating growth of the market in the category. CEO Kern, a Swiss watch industry veteran who earlier led another leading luxury watch brand IWC, said the Indian watch buyer had evolved, ...
26 Apr, 2024, 01.01 AM ISTDetailed action plans for 20 agri products likely in 3-4 months to boost exports Government plans to boost exports of 20 agri products, aiming to increase India's global share to 4-5%. Potential export markets include the US, Malaysia, and Canada. APEDA's sea route protocols help reduce logistics costs.
23 Apr, 2024, 04.21 PM ISTHavells plans to expand overseas markets for Lloyd AC The company has invested around Rs 400 crore so far in the first phase of its new manufacturing unit at Sri City in Andhra Pradesh, after which its capacity has gone over 2 million units per annum, Havells India Executive Director Yogesh Kumar Gupta...
19 Mar, 2024, 11.09 PM IST