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Jun 2011

India: Foreign investment directed to the furniture sector

Foreign investment in the timber and furniture sectors has been encouraged by the Indian government to meet the growing demand for furniture and other timber products. Initiatives have been taken to increase investment flows into timber manufacturing... [Mais... ]

India sets high export target

As the flow of exports from India improves, the government of India has set an export target of US$500 billion for 2013-14, almost doubling the US$246 billion achieved during 2010-11... [Mais... ]

India: Teak log prices firm at local auctions

Auction sales at Government Forest Depots in Gujarat and Central India are continuing and price trends for teak have been reported as firm, this also applies to other hardwood logs... [Mais... ]

May 2011

India: MOU to expand Sandalwood forest area in Karnataka

The state of Karnataka is the largest producer of sandalwood (Santalum album) in India. However, as a result of illegal logging and smuggling, sandalwood in natural forests is under threat of extinction and imports from other tropical countries are needed to meet the demand in India... [Mais... ]

Mar 2011

India maintains robust growth in trade

According to the Ministry of Commerce and Industry, exports in January 2011 reached US$20.6 billion, 33% higher than in January 2010... [Mais... ]

Feb 2011

India: Sharp jump in exports helps trim down trade deficit

Exports from India grew 36.4% in December 2010 yearon- year to US$22.5 billion, the highest level in 33 months... [Mais... ]

India: Auction sales in government depots

Timber auction sales in government depots continued at stable prices... [Mais... ]

India: Economic growth surpasses initial estimates

The economic growth in India for the fiscal year 2009- 2010 has been revised upwards from 7.4% to 8.0%... [Mais... ]

Jan 2011

India: Exports of plywood and panels

While overall Indian exports are registering growth exports of wood-products have declined... [Mais... ]

India: Imports of hardwoods

In the period April – October 2010, a total of 1,780,427 cu.m of logs (excluding teak) were imported through Kandla port... [Mais... ]

India: Industrial growth eases

The growth of India’s industrial output eased slightly from 58.4 points in November to 56.7 points in December 2010 due to slowing demand from developed countries... [Mais... ]