merchandise exports

UP drafts ‘services export’ policy to attract investors, earn forex

The Uttar Pradesh government is drafting its maiden ‘services export’ policy to woo private investors and earn foreign exchange. The proposed policy will accord priority to key services sectors of medical value travel, tourism, IT/ITeS, logistics and education. “Uttar Pradesh is among the top five merchandise exporting states in India. Now, we are targeting to …

UP drafts ‘services export’ policy to attract investors, earn forex Read More »

How US demand helped expand labor-intensive manufacturing

There have been two important developments in the merchandise exports of India recently. First, in fiscal year 2021-22, the country recorded its highest ever merchandise exports; and second, the US became our largest trading partner again. The US has been a large export destination for India, and exports to America grew by 43% in fiscal …

How US demand helped expand labor-intensive manufacturing Read More »