Poging GOUD - Vrij
Exporters seek Rs 750 cr to target $25B US market amid China tariff threats
The Business Guardian
|December 27, 2024
Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods.
-
In its pre-Budget meeting with the finance ministry, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).
"A marketing scheme to focus on the US with a corpus of Rs 250 crore per year (Rs 750 crore overall) for three years may be launched to generate additional exports of USD 25 billion," Kumar said.
He said that higher tariffs on China can create a significant opportunity for Indian exports, particularly in sectors where China has previously been a dominant supplier.
Dit verhaal komt uit de December 27, 2024-editie van The Business Guardian.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Business Guardian
The Business Guardian
INDIA SIGNS “HISTORIC” LPG DEAL WITH THE US: HARDEEP PURI
India inks first structured US LPG import deal to bolster energy security.
2 mins
November 18, 2025
The Business Guardian
Self-employment drives India’ s job growth: HSBC report
Self-employment has emerged as the strongest engine of India’s job growth over the past six years, according to HDFC Bank’s Employment Trends in India report.
1 mins
November 18, 2025
The Business Guardian
Two held for duping woman in Rs 3.38 lakh stock investment cyber fraud
The Delhi Police have arrested two women and bound down a third for allegedly cheating a 42-year-old woman of Rs 3.38 lakh by offering fake high-return stock market schemes, officials said on Monday.
1 min
November 18, 2025
The Business Guardian
SEBI chief says LODR norms under review, NSE IPO clarity coming
Securities and Exchange Board of India (SEBI) Chairperson Tuhin Kanta Pandey on Monday said that the process on the proposed changes to the Listing Obligations and Disclosure Requirements (LODR) regulations has begun, and will involve extensive consultations before a final decision is taken.
1 mins
November 18, 2025
The Business Guardian
Man held for killing wife, dumping body in Jahangirpuri drain
A 31-year-old man has been arrested for allegedly murdering his wife and dumping her body in an open drain in Delhi's Jahangirpuri after suspecting her of having an extramarital affair, police said on Monday.
1 min
November 18, 2025
The Business Guardian
From Startup to Stardom: Piyush Jain on Leadership and the Ideabaaz Experience
Introduction: Leadership in the Modern Age In an era where the rules of leadership are constantly evolving, the ability to lead with empathy, inspire innovation, and drive collaboration has become essential.
4 mins
November 18, 2025
The Business Guardian
Vaishnaw outlines India’s next electronics push
Union Minister for Electronics and IT Ashwini Vaishnaw on Monday laid out a clear roadmap for the next phase of India’s electronics manufacturing growth, stressing that industry leaders to focus on three critical areas where they must take the lead.His three key asks to industry members were building strong design teams, achieving Six Sigma quality, and deepening domestic supply chains under the Atma Nirbharta initiatives.
1 mins
November 18, 2025
The Business Guardian
Dengue cases fall sharply in Delhi, malaria trend stays similar
Delhi has recorded a significant decline in dengue cases this year, even as malaria infections continue to closely follow last year's pattern.
1 min
November 18, 2025
The Business Guardian
SC SEEKS LONG-TERM PLAN AS IT REJECTS YEAR-ROUND GRAP CURBS
Supreme Court declines permanent GRAP bans, urging coordinated long-term solutions for pollution.
2 mins
November 18, 2025
The Business Guardian
HSBC: Self-employment drives India’s job growth
Self-employment has emerged as the strongest engine of Indiavs job growth over the past six years, according to HDFC Bank»s Employment Trends in India report.
1 mins
November 18, 2025
Listen
Translate
Change font size