In May, India’s exports were valued at $24.5 billion, falling 1.1 percent from $24.8 billion in the same month in the previous year, and imports were valued at $44.6 billion, rising 7.0 percent from May 2012’s $41.7 billion...
India
Press Releases
17 Jun 2013
Indian Railways reported its revenue from April 1 to May 31, 2013, was Rs. 22,439.30 crore (about US$3.9 billion), increasing 12.7 percent from $3.4 billion during the corresponding period last year.
17 Jun 2013
French carrier CMA CGM will increase rates on westbound cargo moving on its Epic service from India to North Europe and the Mediterranean, starting July 1.
17 Jun 2013
Containers of footwear imported through U.S. ports jumped 14 percent year-over-year in the first quarter of 2013, the largest increase since fourth quarter 2010, according to data from PIERS, a JOC sister company.
16 Jun 2013
The Indian government on Friday approved a proposal to delegate more project approval authority to the Ministry of Road T
14 Jun 2013
Containerized exports from Far East Asia to the Indian subcontinent and the Middle East reached 646,600 20-foot-equivalent units in April 2013, the most TEUs exported in this lane since May 2012, according to data from Container Trades Statistics. Exports increased marginally month-to-month and year-over-year.
13 Jun 2013
NYK Line, Evergreen Line and Simatech Shipping will jointly launch the new Bengal Arabian Service (BAS), connecting key ports in the Indian subcontinent, starting later this month.
11 Jun 2013
The Port of Jawaharlal Nehru (Nhava Sheva), India’s top container handler, has issued a new request for qualification from interested bidders for the development of its long-awaited fourth container terminal.
11 Jun 2013
Containers of auto parts imported through U.S. ports in the first quarter of 2013 were up year-over-year for a 14th straight quarter. Although the rate inched up from 8.1 percent in fourth quarter 2012 to 8.3 percent in first quarter 2013, the rate of growth has formed an overall trend of deceleration.
10 Jun 2013
A consortium of Japanese conglomerate Sojitz Corp. and domestic infrastructure major Larsen and Toubro has won a contract to develop the first phase of India’s long-planned rail freight corridor between Delhi and Mumbai.
10 Jun 2013
Delmas will upgrade its MIDAS Line service, connecting India’s west coast and the Middle East with South Africa and West Africa, by extending coverage to South Africa.
Jun 5, 2013 2:00PM EDT