Headline Details

Given the last year's FCI procurement which was affected by early summer last
Government wont lift curbs on
wheat export before next crop
Services Exports to cross FY23 goal
of USD 300 Billion - CIM
Manufacturing Industry seeks
incentives to drive growth
MSMEs seek 3000 Crore fund to
boost exports
year. The centre is still waiting to take the decision based on the procurement
to be done during March-April 2023.
Minister said that the current fiscal will be a satisfying year of exports given
the gloom in the global environment
The article talks about how auto, pharma, capital goods, and jwellery sector
has seen growth in post pandemic era and further incentives can boost the
sector's growth.
India SME Forum has requested Govt to establish fund of around 3000 Cr to
make MSME competitive in global market of exports.

Budget to reinforce Gati Shakti with As per the media reports, Gati Shakti to get bigger boost and added incentives
extra support for state governments to take part in the Gati Shakti Initiatives.

Mobile Exports cross 60000 Cr in Apr- This boost in export is coming from massive growth in three Apple Contract
Dec Manufacturers - Foxconn, Pegatron and Wistron and Samsung.

FY23 Exports to do as well as last Minister goyal has said that the exports in this FY will be same if not better
year, if not better - CIM given the global inflation and glomming reccession scenario

The sector is expect to grow because of strong domestic demand and China+1
Indian Leather Industry to grow
strategy adopted by major markets. Alone from US market the grew by more
three-fold by 2025
than 4 percent in the market share.