Exports

Defence Minister Rajnath Singh has called for the development of Hypersonic Missiles technology to enhance defence capabilities of the Indian Armed Forces.

India can quickly add US$10-$12 billion to its exports, if competitiveness is maintained and capacities are created quickly to match large demands coming from the tariff-war hit US and Chinese markets.

The Commerce Secretary Dr. Anup Wadhawan has expressed India’s concerns regarding market access and other issues leading to imbalanced trade between some of the partner countries at the Regional Comprehensive Economic Partnership meeting in Beijing.

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) unveiled the Wipro-AWS Launch Pad, a state-of-the-art immersive co-innovation center in collaboration with Amazon Web Services (AWS).

Commerce and Industry Minister Piyush Goyal has discussed opportunities for Indian IT companies to invest and grow their business in new markets like the Nordic countries, Eastern and Central Europe, Canada, Australia and Africa.

Alameda’s Exelixis, Inc. (Nasdaq: EXEL) has entered into an exclusive collaboration, option and license agreement with Aurigene Discovery Technologies Limited, the India-based discovery biotechnology company focused on oncology and inflammatory disorders.

The Indian bonds was volatile over the past week on uncertainties over the maiden offshore sovereign bonds issuance, according to a report by Singapore’s DBS Group Research on 31 July 2019.

S&P Global Ratings said that a relaxation in India's foreign currency borrowing rules is credit positive for Indian companies, which includes corporates and nonbank financial institutions.

Hyderabad’s GVK BIO and BE Pharmaceuticals Inc (BE Inc), a rapidly growing pharmaceutical company that develops, manufactures and markets complex and critical injectable products, have announced a strategic collaboration in drug product development.

Minister of State for Commerce and Industry, Som Parkash, has called on manufacturers must build capacity and make the most of the opportunity that is now available to the country to enlarge its exports to both the US and China.