Currently, Pakistan only allows Afghanistan to export goods to India but doesn't allow any other two-way trade through the border crossing.
The overall export of APEDA products increased from $10,157 million in April-October 2020 to $11,651 million in April-October 2021.
Exports account for 60 per cent of the Rs 55,000-crore domestic home textiles industry, which comprises terry towels, bed sheets/ spreads, pillow covers, curtains, rugs and carpets.
The merchandise imports surged 62.49 per cent to USD 55.37 billion from USD 34.07 billion in October 2020.
Indian Tea Association said imports in 2020 increased by 47 per cent as compared to 2019, and by 176 per cent in the first six months of the current calendar year as against the corresponding period.
On the country's exports, Goyal exuded confidence that the country will achieve the USD 400 billion target for this fiscal.
He said the private sector industry, which is only a decade-old, held 80-90 per cent share in the country’s defence exports.
Total exports of the beverage during January to July of 2021 was 100.78 million kilograms as against 117.56 million kilograms in the same period of 2020, according to Tea Board data.
The five-year strategy was unveiled by Chief Minister MK Stalin on Wednesday as TN targets a $1 trillion economy by quadrupling its exports in nine years.
India’s exports too have shrunk by 11.6% and fell from $330 billion to $292 billion in the last two years.
Further, he emphasised on institutional mechanisms for integrating result-oriented research and development.
At the inaugural of the AP Trade and Exports Carnival being organised in Vijayawada, the exporters said they are looking for improvement and the State is playing a key role in it.
Union health minister announced Government of India will resume Vaccine Maitri, an initiative to provide Covid vaccines to countries around the world and also fulfil its responsibility under Covax.
The state also planning to attract investments of Rs 75,000 crore and the creation of 3 lakh jobs in the electronics manufacturing sector in the next 5 years.
The impending closure of American carmaker Ford’s plant in Chennai means a loss of good chunk of business for one of the city’s biggest ports.