India ready to lower US tariffs in exchange for concessions
India has agreed to the US Terms of Reference for the bilateral trade agreement, after ...
India may be slowly easing out of lockdown, but limits on factory production and tight air and sea freight capacity are still jeopardising exports – particularly to the US.
Covid restrictions vary from state to state, but major economic hubs like Chennai, New Delhi, Mumbai and Tamil Nadu are allowing businesses to reopen.
However, factories in Mumbai, Ahmedabad, Chennai, Delhi and Banglaore are still limited to 50% occupancy, according to one Chennai-based forwarder.
He told The Loadstar: “Many exporters are expecting production delays ...
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