Vijayawada the new regional office for DGFT
The Dollar Business Bureau The major trading hub of Andhra Pradesh, Vijayawada city is now the new Regional office of the Directorate General of Foreign Trade (DGFT). In its public notification no.- 43/2015-2020dtd November 11, 2016, the DGFT announced that the new Regional Office of DGFT at Vijayawada, Andhra Pradesh is included in the Appendix-1A of Foreign Trade Policy, 2015-20. Consequently the territorial jurisdiction of Regional Authority, Vishakhapatnam is re-allocated as whole of Andhra Pradesh excluding the districts which are under the jurisdiction of Regional Authority, Vijayawada. The districts that come under the jurisdiction of DGFT Vijayawada Regional office are Krishna, Guntur, Prakasam, Kurnool, Chittoor, Cuddapah, Anantapur and Nellore. Adjudged the third best city and bagging the Skoch Smart City Award in October, Vijayawada is famous for processing ...
Sugar exports halts
Aadhira Anand | The Dollar Business The sugar exports in India has halted as the dealers have refused to sign new contracts in the past five days. The decision to not sign the contracts was taken, when local prices saw a raise though there were expectations of a lower output, confirmed the trade sources on Tuesday. India has contracted to export 1.6 million tons of sugar since October 1st and has already exported 1.3 million tons so far. India is the world’s largest producer of sugar after Brazil. Mohammed Rafique, owner of Samba Impex said that, “the rise in prices and the expected low output has stalled the export of the product. Climatic condition is one of the reasons for the expected low output. ...
Seetharam Reddy assumes charge as the Jt. Director of DGFT Vijayawada
Jayarama Emani | The Dollar Business As reported in The Dollar Business on February 27, 2015 (https://in.thedollarbusiness.com/news/seetharam-reddy-likely-to-be-the-new-joint-director-of-dgft-vijayawada/15134), G Seetharam Reddy, assumed charge as the Joint Director of DGFT (Directorate General of Foreign Trade), Vijayawada. Reddy participated in a panel discussion on “An overview of Foreign Trade Policy 2015-20 – Its impact on Pharma Sector,” here in Hyderabad on April 15, 2015. The event was organised by the Pharmaceuticals Export Promotion Council of India (Pharmexcil). Speaking exclusively to The Dollar Business, Reddy said, “It is good to be back in the home State after 13 years and that too being away from DGFT for the last five years.” The Joint Director who belongs to the Indian Trade Services (ITS) Batch ...
Expectations high as Seetharam Reddy likely to take charge of Vijayawada DGFT
Jayarama Emani | The Dollar Business G. Seetharam Reddy who has worked as the Joint Director of DGFT of Hyderabad and Visakhapatnam in the past is likely to be the new Joint Director of DGFT Vijayawada. According to sources from the exporters and importers from Vijayawada and the Directorate General of Foreign Trade (DGFT), Reddy is keen to come back to the Andhra Pradesh region and is reportedly the choice of AP Chief Minister, N. Chandrababu Naidu. Reddy belongs to the Indian Trade Services (ITS) Batch of 1989. Meanwhile, exporters and importers have expressed their happiness on the news of a new DGFT office at Vijayawada. Speaking to The Dollar Business, Varun Reddy, Managing Director, Srinivasa Jewellery Mart, said, ...
