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- 07 August 2024
Exploring the Billion Dollar Industry of Glass Bottles in India: Report
Rising Awareness Towards Health and Personal Care Drives the Demand The Glass Bottles packaging is significantly safer as there are no risks of chemicals mixing into the product, with minimal risk to the consumer’s health. In addition, the taste of the food or beverage remains intact in the glass bottle packaging. Steered by this, glass […]
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- 07 August 2024
Which state in India is the greatest producer of pulses?
One of the best and fastest ways to get vegetable protein is to eat pulses. When it comes to pulses, India dominates in production and consumption. But this doesn’t change the fact that it is the world’s leading pulse importer. India imports a significant quantity of pulses, over 2-3 million tons annually, mainly from Myanmar, […]
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- 06 August 2024
India’s Flourishing Wheat Flour Export Business
India is earning 300 million dollars by exporting this product, and it is available in every household. I am talking about Wheat Flour, which has a global market value of 6.7 billion dollars and is growing at an unbelievable rate of 27%. In the year 2022, India exported Wheat Flour worth 305 million dollars, with […]
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- 05 August 2024
India’s Sunglasses Import Market: A Lucrative Opportunity
India is spending more than 100 million dollars on importing this product. I am talking about sunglasses, which may seem like a luxury item, but their global market is worth around 8 billion dollars. Additionally, it is experiencing a year-on-year growth of 17.6 percent. Italy, China, America, Germany, and France are the top exporters of […]
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- 03 August 2024
A Comprehensive Guide to GST Job Work HSN Code
The Goods and Services Tax (GST) has changed the way businesses operate in India, especially when it comes to tax calculations and payments. The HSN (Harmonized System of Nomenclature)code, which provides a consistent system for categorizing goods and services, is a basic component of the GST framework. How can businesses correctly determine the right HSN […]
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- 02 August 2024
Umbrella Export: The Billion Dollar Umbrella Industry
You can make a lot of money by exporting this product in this rainy season. I am talking about umbrellas, whose global market is worth 3.8 billion dollars and is growing at an annual rate of 19.8%. Countries like America, Germany, Japan, South Korea, and France are spending millions of dollars to import umbrellas. But […]
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- 02 August 2024
India’s Pineapple Industry: A Vast Untapped Export Market
Countries like America are spending 700 million dollars to import this product. I am talking about pineapples, of which India is the 6th largest producer. But when it comes to exports, we only export pineapples worth about 5 million dollars. Meanwhile, the global market for pineapples is 2.3 billion dollars, and Costa Rica alone is […]
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- 02 August 2024
PLI Scheme: Boost for Manufacturing Exports
If you are an exporter and you want to grow in manufacturing industry then this scheme can help you. I am talking about PLI (Production Linked Incentives Scheme). The benefit of this scheme is Global chain of the world is shifted to india just because of the competitiveness in india. With this there is a […]
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- 02 August 2024
How to Export Safely with Indian government’s ECGC Policy
To promote exports in India, the Indian government has introduced the “Export Credit Guarantee Corporation Policy” or ECGC policy. With this, sellers can take credit insurance for 90% of their invoice value. This means that if the buyer defaults, the responsibility lies with the government. So, now get into the export business without any fear […]
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- 02 August 2024
India-Russia Trade: Surpassing 100 Billion Dollars Soon
India’s trade with this country is about to surpass 100 billion dollars. I am talking about Russia, which is considered India’s most trusted ally. In 2023, trade between India and Russia amounted to 57 billion dollars, with a target to surpass 100 billion dollars by 2030. This decision was recently made during a meeting between […]
