India exports Current Affairs - 2020

GJEPC launches first virtual buyer-seller meet

On September 3, 2020, the Gem and Jewellery Export Promotion Council inaugurated its first virtual Buyer and Seller meet to facilitate loose diamonds. Diamond mining in India Until the discovery of diamonds in Brazil in 1726, India was the only place where diamonds were mined. In 2013, India mined 37,515 carats of diamond. This is Read More…

13th India-UAE Joint Commission Meeting held virtually

On August 17, 2020, India and UAE held their 13th Joint Commission Meeting virtually. Highlights The five sub-committees from India and UAE participated in the meeting. This included the following Economic, Trade and Investment Cooperation Defence and Security Cooperation Education, Culture and Youth Cooperation Consular and Community Affairs Cooperation Overview and High-level Exchanges The countries Read More…

MPEDA opens Quality Control Lab in Porbandar; India misses Sea Food Export Target in 2019-20

On August 17, 2020, the Marine Products Export Development Authority (MPEDA) opened a Quality Control Laboratory in Porbandar. The laboratory is to test seafood processors and exporters. Highlights The laboratory is to test seafood processors and exporters to make sure their products are safe according to international regulatory requirement. It is equipped with equipment to Read More…

India to setup its own Cotton Warehouse in Vietnam to boost Exports

The Cotton Corporation of India is holding surplus stocks of cotton. With the next harvest season approaching, the CCI is trying to boost exports. Highlights To export the current stocks, India will sign Memorandum of Understanding with Bangladesh to export 1.5 to 2 million bales of cotton. One bale is 170 kilo grams. Also, the Read More…

Indian Spices Exports increase by 23%

On July 19, 2020, the Ministry of Commerce released data on exports. According to the data, the export of spices has increased. Highlights In June 2020, Indian Spices exports has increased by 23% as compared to the same month in 2019. The exports of spices have earned 359 million USD in June 2020 as compared Read More…

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