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Showing posts with the label India export data

India's automobile industry roadway to reach $1 trillion exports by 2030

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  India's automotive sector is continuously booming.  The demand for Indian vehicles has seen significant growth. The Indian EV sector has drawn many buyers from the global market. In the short time, Indian EV products have gained immense popularity. The high quality vehicles, low cost and more durability has generated more interest for Indian EV products. According to the India import export data reports, Indian EV exports had shown a growth of 241% this year. In the fiscal year 2022, the EV exports from India totaled to be $7.98 billion. Whereas, this year, the EV exports from India had shown record growth of $21.3 billion. The market trends depict the increased demand from Nepal and European countries. India export data suggest that Nepal, France and Germany were among the top importers of Indian Electric vehicles. From January to June 2023, Nepal had imported over $3 billion worth of electric cars from India. The total electric cars shipments from India to Nepal are estimated

India eye's whiskey exports to Australian market

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  India is looking to tap the global whiskey market. In the wake of that, India is likely to raise its whiskey exports to Australia. India has recently joined the Mutual recognition agreement with Australia. This will benefit India to trade goods freely to Australia. According to India customs data , India has exported over $135 thousand worth of whisky to Australia in the last fiscal year. In comparison to $482 million exports in FY 2022, India’s whiskey exports to Australia have declined significantly.  Australia imported the maximum amount of whiskey during January 2023. During June 2023, Australia imported $37 thousand worth of whiskey from India. Radico Khaitan was the leading whiskey exporter company from India with exports worth $82 thousand this year. As per India export data reports, India had exported over $17 million worth of whiskey exports during the current fiscal year. India’s whiskey exports increased significantly as compared to FY 2022. As, it was $3.5 million that y