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Budget 2026 announced a scheme to revive 200 legacy industrial clusters, which currently employ 114+ million workers and generate 35% of India's exports. Unlike new greenfield cities that cost ₹50+ lakh per job, upgrading existing clusters costs only ₹15-20 lakh per job. This quiet opportunity could reshape manufacturing by modernizing infrastructure in towns like Malegaon, Kanpur, and Kolhapur that have made things for decades but haven't upgraded in 15-20 years. What This Actually Means Bud

ODEX (Online Documents eXchange) is India's leading digital platform for shipping documentation, cargo tracking, and invoice payments. It connects all EXIM stakeholders—importers, exporters, freight forwarders, shipping lines, ports, and customs on a single secure network. By submitting HBL data, VGM certificates, Form 13 gate passes, and shipping bills through ODEX instead of email, you reduce processing time from days to hours, prevent costly demurrage delays, and ensure SCMTR customs complian
Sea IGM (Import General Manifest) is a legal declaration filed by shipping lines with Indian Customs before cargo arrives at an Indian port. It contains details of all goods being imported—container numbers, Bill of Lading references, descriptions, weight, and is mandatory for customs clearance under Section 30 of the Customs Act, 1962. Tracking your Sea IGM status on ICEGATE helps identify errors early, avoid cargo holds, and ensures smooth customs processing. What is Sea IGM? Understanding I
![Why Is Indian Rupee Falling Against Chinese Yuan? [Complete Analysis]](https://eximpe-blog.ghost.io/content/images/2026/01/Untitled-design--2--1.png)
The Indian rupee has depreciated 6-7.5% against the Chinese yuan in recent months, hitting record lows and creating ripple effects across India's economy. If you're an exporter, importer, investor, or simply someone who sends money to someone in China, this matters to your business. Let's break down the seven key reasons why the rupee is falling against the yuan, and what it means for different stakeholders in India. 1. The $99.2 Billion Trade Deficit With China India's trade deficit with C

Importing a car into India is an expensive, complex, but legally possible process involving strict regulations, high customs duty (60-165%), and mandatory compliance with Indian safety and emission standards. Whether you want to import a luxury car from Dubai, a sedan from the UK, or a Tesla electric vehicle, India's import rules are among the world's most stringent. This guide explains the complete process, duty calculations, Carnet permits for temporary imports, compliance requirements, and

Customs duty is a tax imposed by the Indian government on goods imported into the country. It's calculated as a percentage of your goods' value and must be paid before customs releases your shipment. Customs duty protects Indian manufacturers from cheap foreign competition while generating government much needed revenue. It also helps in monitoring and controlling the movement of restricted and controlled goods. Understanding customs duty is very essential for accurate cost calculation and avoid
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