India Achieves Record High Seafood Exports by Volume in FY 2023-24

India Achieves Record High Seafood Exports by Volume in FY 2023-24

India’s seafood exports reached an all-time high in volume during the financial year 2023-24, with a total of 17,81,602 MT of seafood worth ₹60,523.89 crore (US$7.38 billion). Frozen shrimp remained the major export item in quantity and value, while the USA and China became the major importers of India’s seafood. During FY 2023-24, the export … Read more

APEDA Drives Agricultural Exports from Modest $0.6 Billion to New Heights

India's Monthly Merchandise Exports Surge to $41.40 Billion in February

From its modest beginnings with annual exports of USD 0.6 billion in exports during 1987-88, proactive interventions by the Agricultural and Processed Food Products Export Development Authority (APEDA) have taken agricultural exports to a remarkable figure of USD 26.7 billion in the fiscal year 2022-23. This journey of exponential growth is underscored by expanding the … Read more

Exports up 3.12% to $36.92 bn in Jan, trade deficit at 17.49 bn: Govt data

India's Monthly Merchandise Exports Surge to $41.40 Billion in February

The country’s exports increased 3.12 per cent on-year to $ 36.92 billion in January, according to the data released by the government on Thursday. Imports rose by about 3 per cent year-on-year to $ 54.41 billion in January this year. Trade deficit in January, 2024 stood at $ 17.49 billion.During April-January this financial year, exports … Read more

Indian Toy Industry Records 52% Drop in Imports, 239% Surge in Exports

Government initiatives curbed import of toys by 50%: DPIIT Secretary

The Indian Toy industry witnessed remarkable growth in FY 2022-23 in comparison to FY 2014-15, with the decline in imports by 52%, rise in exports by 239% and development of overall quality of the Toys available in the domestic market. These observations have been noted in a Case Study on “Success Story of Made in … Read more