Economy

India industrial lubricant market is projected to grow to US$1.67 billion by 2023 on the back of strong growth in construction and mining sectors across the country, according to a latest report from the ResearchAndMarkets.

Skechers U.S.A., Inc. (NYSE: SKX), a global leader in the footwear industry, has purchased the minority share of its Indian joint venture, transitioning the business to a new wholly-owned subsidiary for gaining market share in India.

The Indian Government is trying to encourage private and state-owned mills to go for overseas asset acquisitions for raw material as a supply security, said Minister of State for Steel, Vishnu Deo Sai.

IIFL Asset Management (IIFL AMC) has launched its first Luxembourg domiciled UCITS Fund, IIFL India Equity Opportunities Fund (IIFL Fund), by virtue of merger of Ashburton India Equity Opportunities Fund into IIFL Fund.

The Micro, Small and Medium Enterprises (MSME) sector exported US$147.39 billion in 2017-18, Minister of State for MSME, Giriraj Singh has told Lok Sabha on 11 Feb 2019.

India continues to strive for a more globally-aligned image for urban living conditions, which is what the Smart Cities mission is really all about.

The Cremica Mega Food Park Pvt Ltd, an investment of Rs.107.34 crore, will leverage an additional investment of about Rs.250 crores in 25-30 food processing units, said Minister for Food Processing Industries Harsimrat Kaur Badal.

The Indian Register of Shipping (IRClass), a leading classification society, has opened offices in Paradip, a major maritime port town on the east coast of India, and in Guwahati, the largest city in northeast Indian state of Assam.

India’s pasta market is projected to grow at a CAGR of around 17% to reach US$453 million by 2024 on account of increasing awareness about health benefits of pasta as it is made of semolina durum wheat and not from...

India’s exports to China is improving after several years and is poised to achieve its highest ever shipments to the Chinese market this fiscal with more trade protocols being signed.