Tag: Federation of Indian Export Organisations

Export units at Tirupur, Noida, Surat halt production amid high U.S. tariffs: FIEO

Export units at Tirupur, Noida, Surat halt production amid high U.S. tariffs: FIEO

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Apex exporters body FIEO on Tuesday (August 26, 2025) expressed serious concerns over high U.S. tariffs on Indian goods and said that textiles and apparel manufacturers in Tirupur, Noida, and Surat have halted production amid worsening cost competitiveness due to these steep duties. The U.S. duties on Indian goods will increase to 50% from August […]

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India said to offer incentives to boost shipbuilding industry

India said to offer incentives to boost shipbuilding industry

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India could save at least $25 billion annually in foreign exchange if government incentives helped private companies to develop the local shipping industry, says FIEO director general Ajai Sahai. | Photo Credit: Special Arrangement India plans to offer cash subsidies, lower taxes and other incentives to bolster its shipbuilding industry, two government sources said, as […]

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