Exports

The Defence Acquisition Council (DAC) has approved procurement of indigenous Software Defined Radio (SDR Tactical) and Next Generation Maritime Mobile Coastal Batteries (Long Range) for the Indian Navy on 8 August 2019.

ADM Aéroports de Montréal has awarded a five-year strategic IT and business transformation contract to Wipro Ltd.

Accenture (NYSE: ACN) has signed an agreement to help Brandix, the leading apparel manufacturer in Sri Lanka, transform its manufacturing, supply chain, finance and human resources operations to set the stage for the company’s digital future.

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.