The importance of shipping costs in international trade is underscored by the fact that worldwide freight rates are expected to exceed $1 trillion in 2024. Freight Charges, which include the costs of moving goods from one location to another, are an important part of the overall cost of commerce. Businesses can better categorize and manage […]
India has become the fastest-growing economy in the world in recent years. This fast growth, coupled with rising incomes, a boost in infrastructure spending and increased manufacturing incentives, has accelerated the Auto Components or Automobile industry. Significant demand for automobiles also led to the emergence of more original equipment and auto components manufacturers. As a […]
India’s Engineering Goods sector comprises manufacturing iron, steel, related products, non-ferrous metals, industrial machinery, automobiles, auto components, and other engineering products. Engineering Goods Includes Statistical Representation of Engineering Exports Export Trends The engineering goods export of India had a share of 23.92% out of the total exports during the financial year 2022-23 from the country. […]
Pasta refers to the staple food of tradition Italian cuisine which is made using dough, water, eggs, vegetables, and oil. The dough is kneaded into various shapes some of which are known as penne, spaghetti, farfalle, fettuccine, barbine, etc. Pasta is associated with several health benefits owing to a high concentration of vitamins and minerals. […]
Basil also known as French Basil or Sweet Basil or Tulsi is an erect glabrous herb, 30-90 cm high is indigenous to India. The leaves of basil have numerous oil glands with aromatic volatile oil. The herb bears cluster of small white lipped flowers in racemes. The freshly picked bright green leaves turns brownish green […]
Tomato Ketchup Market Analysis and Size In the coming years, demand for tomato ketchup will most likely be driven by a shift in customer preference for packaged convenience meals for cooking. Furthermore, the item’s increasing use in a variety of food processing industries, such as bakery goods and beverages, is expected to drive the global […]
According to IMARC, the Indian toy market size is expected to reach US$ 4.4 billion by 2032. Let’s delve into potential further steps to invigorate the trade of Indian-made toys. To regulate the imports and support toy exports, the Quality Control Order (QCO) was implemented from January 2021 that mandates selling of domestically produced or imported toys to comply with specific […]
What Exactly is Cocoa Powder? Like chocolate, cocoa powder starts with bits of hulled and roasted cacao beans called nibs. The nibs are ground to a fluid paste called chocolate liquor (aka unsweetened chocolate). But then, instead of being molded into unsweetened chocolate bars or having sugar and other ingredients added to make other types […]
As with the rest of the world, avocados popularly known as the “Green Gold” have swept the international market. Rising demand from consumers and shifting eating habits are propelling an increase in avocado imports to India. Even though avocados have a reputation for being exotic, they are rapidly becoming a household name in India, particularly […]
Exporting is the sale of products and services in foreign countries that are sourced or made in the home country. Exporting sarees is quite a trending and opportunistic business channel for Indian traders thinking to invest in the saree trade from India. Saree is traded all around the world. In India, different regional cultures have […]