farida group

India-Australia pact kicks in; zero duty for 96.4% exported goods

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India-Australia pact kicks in; zero duty for 96.4% exported goods

The government has begun reaching out to exporters of apparel, chemicals, plastics, gems and jewellery, engineering goods and technical textiles to take advantage of the duty concessions offered by the India-Australia Economic Cooperation and Trade Agreement (ECTA), which comes into force Thursday. Australia is offering zero-duty access to India from day one for about 96.4% … Read more

Deferred orders, slow demand to hurt exporters in Q1

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Deferred orders, slow demand to hurt exporters in Q1

Indian exporters of leather goods, garments and carpets have begun to witness a fall in orders from Europe, requests to push deliveries by a few weeks, and queries related to various restrictions being put in place to control the rapidly rising cases of the Omicron variant of Covid-19 in the country. Likely manpower crunch, especially … Read more