Product Sourcing from Karnataka Karnataka plays a vital role in India’s economy through its diverse industrial base, technological innovation, and strong export performance. The state is known as the technology and knowledge capital of India, with Bengaluru leading in IT, biotechnology, aerospace, and electronics manufacturing. Beyond technology, Karnataka is also a major exporter of coffee,… Read More »
India’s ongoing effort to internationalize the Indian Rupee (INR) reflects a strategic shift towards strengthening its global economic footprint and reducing dependence on foreign currencies such as the U.S. Dollar. The Reserve Bank of India (RBI), through initiatives like the introduction of Special Rupee Vostro Accounts (SRVAs), has enabled partner countries to settle bilateral trade… Read More »
Currently, the metal industry in India is booming, and it is an active exporter and importer of metals like lead, aluminum, zinc and copper. Scrap imports has increased by 35 per cent in the first half this year to 3.87 million ton. India does not only import metal scraps. Even non-metal scraps are being imported. India is the… Read More »
In India, Export Promotion Bodies (EPBs) such as Export Promotion Councils, Commodity Boards, and Development Authorities play a crucial role in strengthening the country’s global trade. These bodies provide sector-specific guidance, help exporters comply with international standards, facilitate access to government incentives, and promote Indian products in overseas markets. By offering market intelligence, training, and… Read More »
Tamil Nadu is unique as India’s industrial and electronic export hub, combining traditional strengths with modern industries. Tamil Nadu contributes around 10–12% of India’s exports, with a unique mix of traditional and modern industries It leads in automobile and auto components, textiles (particularly knitwear from Tiruppur and home textiles from Karur), leather products, and rapidly… Read More »