India signs a free trade pact for duty-free exports to the Emirates

04 May 2022 CW Team

India and UAE had signed the Comprehensive Economic Partnership Agreement (CEPA) in February, which came into effect on Sunday, that allows most of India’s exports to the Emirates duty-free access.

The CEPA will be increasing the total value of bilateral trade in goods to more than $100 billion and trade in services to over $15 billion in the five years.

The commerce secretary, BVR Subrahmanyam, reportedly handed over the Certificates of Origin to three exporters from the gems and jewellery sector. The Central Board of Indirect Taxes and Customs and the Directorate General of Foreign Trade have additionally issued the relevant notifications for the operationalisation of the agreement from the beginning of this month. India stands to benefit from the preferential market access in the UAE on over 97 per cent of its tariff lines or goods, which account for 99 per cent of the country’s exports to the UAE in value terms. These are goods from the labour-intensive sectors, namely textiles, leather, footwear, sports goods, plastic, furniture and engineering products.

Goods and services exports account for about 22-23 per cent of India's GDP. The country’s vision is to take it up to 25-30 per cent.

Real Estate

10 Nov 2025

Godrej Interio Powers Kerala Metro Projects

Interio by Godrej, a flagship furniture and turnkey solutions brand from the Godrej Enterprises Group, has expanded its presence in Kerala’s infrastructure development landscape by securing and executing projects worth more than ₹90 crore in Kochi. The portfolio includes a Rs 690 million Electrical & Mechanical (E&MVAC) work order from Kochi Metro Rail (KMRL) for Phase 2 of the Kochi Metro, along with the successful completion of a Rs 240 million design-and-build project for Kerala State Information Technology Infrastructure (KSITIL) at Kochi’s Infopark.Speaking on the milestone,..

Godrej Interio Powers Kerala Metro Projects

Interio by Godrej, a flagship furniture and turnkey solutions brand from the Godrej Enterprises Group, has expanded its presence in Kerala’s infrastructure development landscape by securing and executing projects worth more than ₹90 crore in Kochi. The portfolio includes a Rs 690 million Electrical & Mechanical (E&MVAC) work order from Kochi Metro Rail (KMRL) for Phase 2 of the Kochi Metro, along with the successful completion of a Rs 240 million design-and-build project for Kerala State Information Technology Infrastructure (KSITIL) at Kochi’s Infopark.Speaking on the milestone,..

Gartner Recognises Newgen as Niche Player

Newgen Software, a global provider of AI-enabled end-to-end automation solutions, announced that it has been recognized as a Niche Player in the 2025 Gartner® Magic Quadrant™ for Business Orchestration and Automation Technologies (BOAT). The recognition reflects Newgen’s ability to execute and the completeness of its strategic vision.The Gartner report evaluated 20 global vendors to guide enterprises in selecting the right business process automation platform. According to Gartner, BOAT is a unified software platform that enables enterprise-wide automation through capabilities such as pro..