How logistics electrification will serve India
Spread the loveHow logistics electrification will serve India : Once an underdog, electric vehicles (EVs) will soon become a much-loved vehicle in India’s trucking sector. The numbers prove it, with the sector recording unprecedented sales of around 100,000 EVs in 2022 and 2.78 lakh EVs in the first quarter of […]
Piyush Goyal: India’s forex reserves are safe for the next 5-6 years, and FTAs will generate surpluses.
Spread the loveOn Wednesday, Commerce and Industry Minister Piyush Goyal stated that India’s foreign exchange position is ‘comfortable’ for the next five to six years. “In the worst-case scenario,” Goyal said at the annual general meeting of the industry lobby group Confederation of Indian Industry (CII), “India is comfortable for […]
With massive logistics improvements, India has risen 6 places on the World Bank index to 38th out of 139 countries.
Spread the loveWith massive logistics improvements, India has risen 6 places on the World Bank index to 38th out of 139 countries. India’s ranking in the World Bank’s Logistic Performance Index 2023 has risen by six places, owing to significant investments in soft and hard infrastructure, as well as technology, […]
Redseer predicts that India’s e-commerce logistics market will surpass 10 billion parcels by FY28.
Spread the loveAccording to the most recent Redseer Strategy Consultants report, the Indian e-logistics market will continue to grow significantly in FY23. Total shipments (forward and reverse) for e-commerce logistics surpassed billion in FY23 (excluding hyperlocal shipments). In this pie, in-house logistics and third-party players were roughly equal. Throughout the […]
Launch of the National Logistics Portal Marine’s mobile app “SAGAR-SETU” by Union Minister Sonowal.
Spread the loveThe “Sagar Setu” mobile app for the National Logistics Portal Marine was introduced by Sarbananda Sonowal, Minister of Ports, Shipping, and Waterways. The Ministry of Ports, Shipping, and Waterways’ “Sagar Setu” mobile app includes a login section, service catalogue, Letter of Credit, bank guarantee, certification, and track & […]
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 […]
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 […]
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.
‘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 […]
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 […]