Exports

The strong will and action of the Government to scrap Article 370 has paved a new era of growth both for the people of Jammu & Kashmir and Ladakh regions, said FIEO President Sharad Kumar Saraf.

India is looking to gain from the investment-friendly Russian stance in the natural resource-rich region during a Commerce and Industry Minister Piyush Goyal-led delegation visit to Vladivostok.

Defence companies have huge opportunities in contributing to domestic market and exports, Defence Minister Rajnath Singh said on 9 August 2019 industry roundtable in Delhi.

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).