DGFT and DHL Join Forces to Boost MSME Exports

20 Mar 2024 CW Team

The Directorate General of Foreign Trade (DGFT) has forged a collaboration with logistics giant DHL to facilitate the export readiness of Micro, Small, and Medium Enterprises (MSMEs) across 76 districts in India. This initiative aims to empower MSMEs by providing them with the necessary tools, resources, and expertise to navigate the global market and expand their export capabilities.

Under the agreement, DGFT and DHL will work hand in hand to offer comprehensive support to MSMEs in targeted districts, focusing on enhancing their competitiveness and readiness for international trade. This includes providing guidance on export procedures, documentation, logistics, and market access, thereby enabling MSMEs to leverage global opportunities and scale their businesses effectively.

The collaboration between DGFT and DHL is part of a broader effort to strengthen India's export ecosystem and promote inclusive growth by empowering MSMEs. By equipping MSMEs with the knowledge and infrastructure required for international trade, the initiative seeks to unlock their full potential as engines of economic development and job creation.

Through capacity-building initiatives, training programs, and access to DHL's extensive network and expertise, MSMEs in the identified districts will be better positioned to overcome barriers to export and capitalize on emerging market trends. This strategic partnership reflects the government's commitment to fostering a conducive environment for MSMEs to thrive in the global marketplace.

Overall, the collaboration between DGFT and DHL holds significant promise for MSMEs in India, offering them a pathway to become globally competitive exporters and contribute to the country's economic growth and prosperity.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..