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  • 02/03/2023
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Union Budget: India’s logistics sector gets a boost to boost its competitiveness

Spread the loveIndia’s logistics sector, which employs over 22 million people, is considered the backbone of the country’s economy. With the development of e-commerce and government initiatives like Make in India and Digital India, the sector is expected to grow by 15.5% annually which will have a significant impact on […]
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India Plain Gold Jewellery Exports up 20.98% in 9MFY23: GJEPC New Delhi: Post India-UAE CEPA, India's Plain Gold Jewellery Exports for April-December 2022 (9MFY2023), up 20.98% to Rs 24,242 .91 crore, the Gem and Jewellery Export Promotion Council (GJEPC). This shows that the recently signed Free Trade Agreement between the country and the United Arab Emirates is boosting India's gem and jewelry exports. By December 2022, the total gross export of plain gold jewelry increased by 21.31% to Rs.2,369.74 billion (10.97% in dollars to $287). 46 million) compared to 1,953.46 million ($259.05 million) in the same period last year, GJEPC added. In the current fiscal year from April to December 2022, the total gross exports of gemstones and jewelry recorded a growth of 6.28% to Rs. 227,534. Rs 50 crore (down 0.73% in dollar terms to US$28,608.22 million) compared to Rs 214,087.94 crore (US$28,819.88 million) in the same period last year. In December 2022, total exports of gems and jewelry recorded a decrease of 11.25% to Rs 19,432.88 billion (a decrease of 18.90% in dollar terms to USD 2,356.70 million) compared to Rs 21,896. 46 crores ($2905.79 million) for the same period last year. Vipul Shah, Chairman of GJEPC, said in a statement: "The total gemstone and jewellery exports from April to December 2022 show a positive trend, but the December export figures reflect the global headwinds that the gemstone industry and jewelry are facing in relation to the... Exposed to inflation and talking about a US recession scenario. The launch of CEPA India-UAE has led to Exponential growth in plain gold jewelry exports to fill the gap in exports to key markets such as the US and Hong Kong. Total exports for 9MFY23 (Apr-Dec) show positive growth of 6.28% in Rs. Pure gold jewelry exports recorded positive double-digit export growth of around 21% in both December 2022 and 9MFY23. For the April-December 2022 period, total gross exports of cut and polished diamonds (CPD) decreased by 1.24% to Rs 132,075.47 (down 7.67% in dollar terms to $16,625.45 million) compared at Rs.133,737. 22 million rupees ($18,006.79 million) for the same period last year. According to the main industry association, the conflict between Ukraine and Russia has started to affect cut and polished diamond (CPD) exports, which have seen a 40 percent drop in rough diamonds. Import of diamonds from Russia in 6 months from March 2022. The decrease in imports in the first 6 months of this fiscal year resulted in an overall decrease in CPD and total exports of gemstones and jewelry in the month of December. In December 2022, the total gross export of cut and polished diamonds decreased by 21. 50% at 10,472.92 cr. Rs (down 28.25% in dollars at $1,270.36 million) compared to 13,341.66 Cr. Rs ($1,770). 61 million) in December 2021. During the period April-December 2022, the preliminary gross export of the total gold jewelry (plain and studded) increased by 14.81% to Rs.56,984.60 million (7.13% in dollars, up to $7,155). . 30 million) compared to Rs 49,635.03 crore (USD 6,678.91 million) in the same period last year. By December 2022, the total gross export of gold jewelry (plain and studded) fell by 4.55% to Rs.4,635. Rs 64 crore (down 12.62% in dollars to US$562.48 million) compared to Rs 4,856.47 crore (US$643.74 million) in the same period last year. For the period April-December 2022, the preliminary gross exports of all types of gold-studded jewelry increased by 10.63% to Rs 32,741.69 (3.29% in USD to $4,113.37 million) compared to Rs 29,596.70 ($3,982.41 million) for the same period last year.
  • 10/01/2023
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India Plain Gold Jewellery Exports up 20.98% in 9MFY23: GJEPC

Spread the loveIndia Plain Gold Jewellery Exports up 20.98% in 9MFY23: GJEPC New Delhi: Post India-UAE CEPA, India’s Plain Gold Jewellery Exports for April-December 2022 (9MFY2023), up 20.98% to Rs 24,242 .91 crore, the Gem and Jewellery Export Promotion Council (GJEPC). This shows that the recently signed Free Trade Agreement […]
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  • 22/12/2022
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2022 jctrans Premium Membership

Spread the loveWe would like to inform all of you we are going to start a new Premium Membership with jctrans.  
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‘Indian Apparel Exporters Likely To Witness Robust Revenue Growth In FY23’
  • 15/12/2022
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‘Indian Apparel Exporters Likely To Witness Robust Revenue Growth In FY23’

Spread the loveIn FY23, Indian Apparel Exporters Are Likely To Experience Strong Revenue Growth. According to a report by credit rating agency Icra, although macroeconomic headwinds had an impact on the performance of Indian textile players in the second quarter of 2022–2023, the businesses may have a solid turnover in […]
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  • 18/11/2022
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Relief to exporters : Centre lowers export obligation for 192 product underneath key

Spread the loveIn a relief to exporters, the govt on Th reduced the export obligation beneath a key incentive program for 192 product whose exports declined over 5% on-year in FY22. These products embrace bound sorts of silver, precious metals and concentrates, revolvers and pistols, carpus watches, citrus fruits and […]
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Wheat exports doubles to USD 1.48 bn in April-September
  • 02/11/2022
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Wheat exports doubles to USD 1.48 bn in April-September

Spread the loveThe country‘s wheat exports further than doubled to USD 1.48 billion during April- September 2022- 23 as compared to the time– ago period, the commerce ministry said on Wednesday. The exports stood at USD 630 million in the time– ago period. Though the government banned wheat exports in May, some shipments are allowed to meet food security requirements of the countries that request for it.” Wheat import rose to USD,487 million in April- September 2022 from USD 630 […]
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  • 11/01/2022
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In spite of Omicron danger, coordinated operations area prepared to fire, as economy moves ahead

Spread the love Logistics operations is viewed as a well-suited indicator to comprehend the strength of an economy. Its vital job — and its shaky areas — was in plain view during the two pandemic-ridden years, particularly when it took care of business to convey oxygen chambers and antibodies in […]
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India’s warehousing and logistics industry on a higher growth path: Report
  • 29/10/2021
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India’s warehousing and logistics industry on a higher growth path: Report

Spread the loveIndian cities are among the smallest amount pricy markets in terms of rentals for deposit and supplying facility, consistent with a report by international property authority Cushman & Wakefield. Hyderabad and Ahmedabad prime the least expensive markets list, in conjunction with six different Indian cities. city NCR is […]
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  • 18/09/2021
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Impact of the pandemic : India’s logistics sector is now better prepared for the third wave

Spread the loveLogistics and transport in Republic of India is undergoing a large transformation within the face of challenges place forth by the world pandemic and it’s ripple effects. The extremely fragmented trade is setting out to get organized and consolidated compared to however it absolutely was pre-pandemic, and this […]
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  • 12/08/2021
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Which is the No 1 logistics company in India?

Spread the loveWhich is the No 1 logistics company in India? Colossal India Logistics Colossal India Logistics No 1 Logistics Company In India Because We provide our freight forwarding services to a large base of clients. Unique, reliable and impressive, we offer our services at cost effective rates. Working 24 […]
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  • Union Budget: India’s logistics sector gets a boost to boost its competitiveness
  • India Plain Gold Jewellery Exports up 20.98% in 9MFY23: GJEPC
  • 2022 jctrans Premium Membership
  • ‘Indian Apparel Exporters Likely To Witness Robust Revenue Growth In FY23’
  • Relief to exporters : Centre lowers export obligation for 192 product underneath key

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