Simplified Trade Finance
Apparel exports form a large chunk of India's outbound shipments, but the sector has been in steady decline in the last few years. The government's decision to focus on other sectors like agriculture has left apparel exporters languishing and running out of options. However, there are still a few ways the situation can be turned around, and we examine these possible solutions.
Given the massive contribution of the MSME sector to India's economy, the Indian government has introduced several loan schemes aimed at improving access to credit. Here are some of the most well-known schemes for new and existing businesses alike.
Since it was drafted in 1999, the Foreign Exchange Management Act (FEMA) by the Reserve Bank of India (RBI) has been the legislation guiding the administration of India's foreign trade and forex reserves. We take a look at the Act's salient features and key points.
India’s vast agriculture sector is one of the largest in the world, ranking second in terms of world farm output. It is also the world’s second-largest producer of wheat and rice -- the only country that produces more of these staples is China. We take a look at this backbone of the Indian economy.
India’s textile industry is one of the world’s largest, with an estimated size of US$137 billion in 2016 and expected to touch US$250 billion by 2019. It employs about 45 million people, making it the biggest employer in the country after the agricultural sector. We take a look at this burgeoning export sector.