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From January To August in the current fiscal year, Indian Tea Exports Increased By 14.8%.

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  Based on the latest India Tea Export Data , the Indian Tea export sector has seen a huge growth of around 14.8% from January to August in the current fiscal year. In terms of quantity, the India Tea Export sector exported tea of around 140.28 million kilograms in the first eight months of 2022.  At the same time, from January to August of the last fiscal year, we see that the Indian tea export sector reached 122.18 Million Kilograms which is quite lesser than the current year.  The CIS Countries is the largest importer of Indian Tea, Indian tea export sector is  exporting tea to CIS Countries around 30.56 Million Kilograms per year. The major CIS countries that are consuming Indian Tea are Russia , Ukraine, and Kazakhstan .  UAE is the second-largest importer of Indian Tea after CIS Countries, they are importing India Tea of around 29.13 million kilograms.  According to recent news reports, UAE may soon surpass China as India's top tea importer. Sufficie...
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Indian Auto Parts Export Sector Grew From 8 To 10% In 2022 Proclaimed By ICRA.

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ICRA's most recent report made it clear that in the current fiscal year 2022, auto parts exports from India are anticipated to increase from about 8% to 10%. As per the latest India Import Export Data , The export of auto parts from India saw 29% year-over-year growth in the first half of the current fiscal year, as stated by ICRA on Monday. In the current fiscal year, the auto Motor parts exports from the India sector are generating an estimated 3,00,000 crore in total yearly income. Due to supply-chain concerns, inflationary pressures, and geopolitical tensions, the demand for auto parts export has decreased during the past few months. According to the most recent data, the "Domestic original equipment manufacturer" (OEM) needed the majority of about 50% of auto parts sold in India. India too anticipates no change in the relationship in the ensuing FY23. Vice President and Sector Head at ICRA, Vinutaa S stated that the Indian government is anticipating the growth two-...
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By 2030, Piyush Goyal Estimates That Trade Between The US And India Might Reach $500–600 Billion.

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This Saturday, Piyush Goyal estimates that the trade value between The US and India Might reach $500-$600 Billion US Dollars by 2030.  At the current time, the trade value between US & India is around $175 Billion US Dollars and their trade relationship is getting stronger day by day.    The US sees India as a trading partner and friend in the Indo-Pacific region. As per the India Import Export Data , The Indo-Pacific Economic Framework for Prosperity (IPEF), which is composed of 14 countries, has a trading pillar. Whether India joins or not relies entirely on what it receives in return.  According to the US import export data ,  the 14 Indo-Pacific Economic Framework for Prosperity (IPEF) partners represent a global trade in products and services of around 28% and an overall GDP of around 40%. New Zealand, the Philippines, Singapore, Thailand, Vietnam, the US, Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Korea, and Malaysia are part of the 1...
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