Q2 goods exports seen 4.2%: EXIM Bank

Q2 goods exports seen 4.2%: EXIM Bank

New Delhi: India’s merchandise exports growth may slow 4.2% on-year at $111.7 billion in the second quarter of FY25, down from 5.8% in the June quarter, the Export-Import Bank of India (Exim Bank) said Monday. Merchandise exports were $109.9 billion in April-June. “Positive growth in India’s exports could be as a result of India’s continued … Read more

Two-wheeler makers ride high on record sales of branded spare parts

Two-wheeler makers ride high on record sales of branded spare parts

Two-wheeler makers Royal Enfield, Bajaj Auto and Hero MotoCorp posted record revenue from sales of branded, genuine parts – like brake pads, headlights and speedometer – accessories and merchandise in FY24. At their post-earnings investor calls, company executives attributed this to the market for such items becoming more organised and buyers giving preference to branded … Read more