Simplified Trade Finance
Our new trade tracker contains major trade and export figures each month, helping you keep better track of the state of Indian trade. Indian merchandise exports stood at $ 25.93 billion in the month of November, making YTD exports worth $ 211.66 billion, 2.11% lower than the previous financial year.
India's marine exports have been sluggish in recent times, with tighter regulations in markets like the US and the EU as well as rising competition from Southeast Asia playing spoilsport for Indian exporters. In a report taking a closer look at the sector and its ups and downs, Drip Capital charts the evolving trends for India's marine exports, and the steps needed to revive the sector's growth in the future.
Government assistance is essential to help SME exporters make their mark in the world. However, it is important to make a distinction between assistance in the form of know-how, consultation, and regulatory easing, and financial assistance in the form of tax breaks and hand-outs. Both are important, no doubt, but the Indian SME sector has now reached a stage where it needs a helping hand more than it needs sops.
As one of the most widely used materials on the planet, plastic has become an indispensable part of the global economy. However, India's plastic exports are wavering and showing signs of a slowdown. What is needed to revive this flagging sector? A Drip Capital report takes a closer look.
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.