Freight costs increase over 100%, exporters lose business
Freight shipping costs have been increasing over the last few months, causing exporters to lose business from several countries.
exports, freight cost, exporters, MSME, small businessThe freight cost to both Europe and the US have increased by 100 per cent, and to places such as American West Coast and the UK there is an increase of over 200 per cent over the last quarter.
Freight shipping costs have been going through the roof over the last few months, causing exporters to lose business from several countries.
The freight cost to both Europe and the US have increased by 100 per cent, and to places such as American West Coast and the UK there is an increase of over 200 per cent over the last quarter. “We do a lot of business in South America. The cost of a 40 foot high cube container from India was around $4,000 for the entire fare about four months back. Now it has increased to $10,000,” Makrand Appalwar, MD of specia
New Delhi, Feb 23: As India aims to boost its exports, the government is looking at manufacturing containers in a big way while developing a shipping line under the Atmanirbhar Bharat programme. Containers are required to ship goods. At .
Excelsior Correspondent
JAMMU, Feb 17: Commiss-ioner, Secretary, Industries & Commerce Department, Manoj Kumar Dwivedi, today discussed modalities for export promotion at a meeting with Federation of Indian Export Organization (FIEO) and concerned Government departments.
The meeting was hosted by Directorate of Handicrafts & Handloom, Jammu & JK Trade Promotion Organization, Jammu.
The Commissioner highlighted the need to boost exports by way of strengthening traditional industries/sectors of J&K. He underlined the need for transformation of economy of J&K, UT from a supply constrained one into a competitive export-led entity with wider participation at national and global economy.
Parshant Seth, Head of Research Team of Federation of Indian Export Organization, Director FIEO, gave a detailed presentation, showcasing various verticals on which work needs to be done.
IBEF, TPCI, FIEO Roped In For Brand Building Of J&K Handicraft Products
SRINAGAR: A delegation of officers from the Government of Jammu and Kashmir headed by Mahmood Ahmad Shah, Director, Handicrafts & Handloom, Kashmir, attended a series of meetings with the Senior officers of India Brand Equity Foundation (IBEF), Trade Promotion Council of India (TPCI) and Federation of Indian Export Organization (FIEO) here today regarding brand building of products manufactured in Jammu and Kashmir.
Vikas Gupta, Director Handicrafts and Handloom, Jammu and Aamir A. Rather, General Manager, JKTPO were also the part of the visiting delegation.
The delegation discussed in detail the products manufactured in J&K with Associate Director, IBEF, Parul Singh. During the meeting it was given that that standard parameters need to be put in place in order to distinguish GI Tagged products from other items. The meeting also decided that better branding on J&K products is required to gain customer’