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

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..