From the lush tea gardens to the aromatic spice plantations, Sri Lanka is home to the world’s most renowned beverages. Do you know that Sri Lanka is famous for its exquisite teas? The island nation is one of the largest tea producers & exporters globally, with its Ceylon tea cherished by tea lovers worldwide. Whereas,…
The human hair industry, often dubbed as “Black Gold,” has emerged as a multimillion-dollar market, with India leading the way. India accounts for over 90% of the world’s human hair exports. These include human hair extensions, human hair wigs, human hair weaves, human hair bundles, human hair lace front wigs, human hair closure places, human…
Indian Sugar mills are signing export agreements aggressively. they signed almost one MT sugar export agreement in just four days after receiving the government clearance As per the news, they will get a higher price of sugar export in the global trade market. The multinational trading business dealer located in Mumbai, the financial center, stated…
The Srilankan Economic Crisis and the invasion held between Russia & Ukraine creates a critical situation that increase the demand for tea in the Russian market. To fulfill the demand Russia starts importing Indian Tea goods, and that’s how Russia becomes a huge market for India’s tea exports. There is also a second reason that…
This Thursday, the government of India officially announced that the primary imported commodities from china such as electronic components, computer hardware, and chemicals are completing the demand of fast-growing industries such as telecom and power in India. The government of India said that we are importing Chinese goods in raw form and covert that raw…
Indian government is planning to increase the Import duties on palm Oils. in the start of the year, the Indian government Prohibited the basic Import tariff on palm oil just to keep the low oil prices in the country. India is taking the 12.5 percent Import taxes on bleached, refined, and deodorized palm oil. According…
Sudhanshu Pandey the senior civil servant of food and public distribution, ministry of consumer affairs stated a statement in a recent press conference that India has sufficient grain stock and the government might sell wheat & rice in the open market. As per the latest data of Exim Trade Data, Food inflation increased by 8.60…
The last date that is given to the Kolkata wheat trades to export wheat packages is extended by the high court of Kolkata till October 31st. On the 13th of May, the central government banned the export of wheat and decided the date the 30th of September saying that it was the last date of…
In the last eight months, the import value of Swiss watches is being increased by 34%. The data was released by the Federation of Swiss Watches Industry. In the first eight months of 2022, the export value increased by 144.5% in comparison to the equivalent time in 2020. The federation of the swiss watches industry…
India’s biggest tea and basmati rice exporter Iran currently not giving fresh orders because of the anti-hijab project going on throughout the Iranian cities. As per the latest data from the global import-export data provider, Iranian traders have stopped placing new orders. They said the situation is so tense and they are waiting for the…
