Exports

Indian LOCs extended to 62 countries The Export-Import Bank of India (Exim Bank) has extended US$215.68 million Line of Credit (LOC) to Malawi for export-oriented Drinking Water Supply Schemes and Other Development Projects. The LOC Agreement, signed in New Delhi...

Kochhar sees sales growth in 12 months New Delhi-based Naari Pharma Private Limited has entered into a definitive asset purchase agreement to acquire 10 Abbreviated New Drug Applications (ANDAs) for the U.S. market from Intas Pharmaceuticals Ltd of Ahmedabad. The...

Chambers keen to sign MoU The Indian Ambassador to Yangon, Saurabh Kumar, sees trade expansion between India and Myanmar in areas such as pharmacy, healthcare, transport, Food Processing, Steel, Renewable Energy, communication, Education and others. Underlining the traditional trade ties...

COVID-19: April product shipments down 63.93% India’s April 2020 engineering exports contracted by a huge 91% in some cases due to the impact of Covid-19, an EEPC India analysis has shown, according to EEPC India analysis. Only Singapore and China,...

Opportunities in Environment, AI and Energy, says Tomar India and Germany can strengthen trade partnership by participating in Supply Chain Management; Value Partnerships; Globalization; Digitalization and Innovation, Research, and Development. Opportunities in these sectors were suggested by Mark Hauptmann, Member...

Re-engaging in CECA Prime Ministers Narendra Modi and Scott Morrison led the India-Australia Leaders’ Virtual Summit on 4 June 2020, and stressed on further strengthening of ties between their two countries. We highlight the main points for the meeting from...

More than 120 Indian companies in the French market Indian investors have significantly increased their investment in France, bringing the total number of Indian companies to more than 120 amidst the world’s best dominated French market. In 2019, 18 Indian...

Boost defence exports, says Aggarwal Defence Manufacturing needs Technology, Volume, Viability, and Certification Capability within the country, said Raj Kumar, Secretary Defence Production, has told a webinar hosted by PHD Chamber of Commerce and Industry on 2 June 2020. “We...

Modi wants a robust supply chain The Prime Minister Narendra Modi has urged the industry to take full advantage of opening up investment and partnership with farmers in the rural economy, now that necessary infrastructure is being prepared for clusters...

Upward revision of MSME definition The cabinet has approved upward revision of MSME definition and modalities/road map for implementing remaining two Packages for MSMEs (a) Rs.20000 crore package for Distressed MSMEs and (b) Rs.50,000 crore equity infusion through Fund of...