India’s ambitious Sagarmala Project is significantly transforming the country’s maritime trade landscape by modernizing ports, improving cargo capacity, and strengthening coastal shipping networks. The government has completed multiple infrastructure projects under the initiative, boosting efficiency, reducing logistics costs, and enhancing India’s global trade competitiveness. Union Minister of Ports, Shipping and…
Tag: #TradeInfrastructure
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NITI Aayog Releases Export Preparedness Index (EPI) 2024
NITI Aayog on Tuesday released the Export Preparedness Index (EPI) 2024, offering a comprehensive assessment of export readiness across India’s States and Union Territories. The index highlights the critical role of subnational economies in driving India’s global trade ambitions and achieving the target of USD 1 trillion in merchandise exports…
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ICEGATE–LPMS Launched at ICP Agartala for Faster Trade
Shri Surjit Bhujabal, Special Secretary & Member (Customs), CBIC, today inaugurated the integration of the Indian Customs Electronic Gateway–Land Port Management System (ICEGATE–LPMS) at the Integrated Check Post (ICP), Agartala, Tripura. This strategic move marks a significant milestone in CBIC’s ongoing digital transformation of cross-border trade facilitation, promising faster, more…
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Govt Launches Export Mission to Boost MSMEs
Facing global logistics disruptions, the Government of India has rolled out an ambitious package to shore up export competitiveness with a focus on MSMEs, first-time exporters and labour-intensive sectors. Announced in a Rajya Sabha reply, the measures include a Credit Guarantee Scheme for Exporters, a flagship Export Promotion Mission (EPM)…