Top Handicraft Exporters

The Australian Trade and Investment Commission (Austrade – Australian Government agency) has signed an MoU with the Confederation of Indian Industry (CII) to collaborate on Technical Vocational Education and Training (TVET) programmes. The MoU will focus on Australian training standards and delivery in sectors ranging across automotive, allied health, mining, IT, cyber security, renewable energy, …

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Slowing global demand is weighing on India’s merchandise exports, says the Economic Survey 2022-23. The Survey adds that the empirical literature documents that global growth exerts a strong statistically and economically significant impact on India’s real exports, though the impact has reduced over the years. “Global growth is forecast to slow down in 2022 and …

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As the world saw a rising demand in digital support, India stood as a saviour. According to the Economic Survey 2022-23 released on Tuesday, India’s services exports stood at $254.5 billion in FY22 witnessing a growth of 23.5% y-o-y. This was despite pandemic induced global restrictions and weak tourism revenues. The sector also witnessed a …

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Free trade agreements (FTAs) are the flavour of the season and there is a tilt towards bilateral deals over multilateral ones, according to the Economic Survey 2022-23 released by the government on Tuesday.“As of June 2016, all WTO members now have at least one RTA (regional trade agreement) in force. There has been a substantial …

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Noting India’s steady climb in trade, the Economic Survey 2022-23 stated that the share of trade as a percentage of GDP has been steadily increasing for the country. It said the trade openness of countries across the globe has been increasing, as measured by trade as a proportion of GDP.“For the world as a whole, …

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India’s exports stood at $422 billion in FY22, exceeding the goal of $400 billion, noted the Economic Survey 2022 which was tabled on Tuesday. The survey listed a number of factors behind this achievement running from specific export targets to schemes such as RoTDEP.“Some of the factors leading to the achievement of this target were …

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India achieved an all-time high annual merchandise export of $422.0 billion in FY22, stated the Economic Survey 2022-23, tabled in Parliament on Tuesday. However, according to the Survey, the global economy has started facing formidable headwinds and the ripple effect of the slowdown in global trade has started reflecting in India’s merchandise export growth, wherein …

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This time was supposed to be different. The memory-chip sector, famous for its boom-and-bust cycles, had changed its ways. A combination of more disciplined management and new markets for its products — including 5G technology and cloud services — would ensure that companies delivered more predictable earnings.And yet, less than a year after memory companies …

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The United States is entering a third phase of talks with countries to reform the World Trade Organization’s (WTO) hobbled trade dispute arbitration system and aims for it to be “fully functioning” by the end of 2024, the U.S. ambassador to the WTO told Reuters on Thursday.The WTO’s appeals bench, which rules on top disputes, …

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(Bloomberg) –More central banks around the world are pausing their tightening campaigns as inflation shows signs of cooling and economies slow down.Policymakers from Hungary to Chile left interest rates unchanged this week, while the Bank of Canada signaled it may soon pause to assess the impact of policy thus far. Officials in South Africa and …

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