Exports

India has the option to negotiate with Washington issues related to Generalised System of Preferences (GSP) though the impact would be modest of withdrawing the concession given to Indian exports.

India's goods exports will peak US$330 billiion in 2018-19, supported by focused export promotion initiatives, sector-specific interventions and quick resolution of issues.

The Indian plastics processing market continues to be a key geographical area of focus for Milacron’s brands both for sales and manufacturing capabilities, said the Cincinnati-based company.

The Federation of Indian Export Organisations (FIEO) and eBay has formed a partnership to promote retail exports via eCommerce from India to the latter’s 179 million buyers worldwide.

Adani Power (Jharkhand) Ltd has received approval for possession of 222.68-hectare land for the Rs.14,000 crore, two 800-MW supercritical power plant to be ready by 2022 for export to Bangladesh.

Italian companies are keen to invest in India in areas like financial services, renewable energy, infrastructure, transport development in railways, construction and the auto motive sectors.

Indian pharma exports are expected to reach approximately US$19 billion in this FY 2018-19, accounting for more than 50% of the industry turnover.

Bharti Airtel is deploying Ciena’s (NYSE: CIEN) coherent optical and intelligent software platforms to build one of the World’s Largest Photonic Control Plane networks in India.

Subcontractors work on Dassault-Rafale pact     The French Aerospace Industries Association, GIFAS, is leading its 400-member companies to set up businesses in India, following up on the recent success of a multi-billion dollar fighter jet Rafale contract. “We are...

The draft of National E-commerce Policy for Export Promotion is the Government’s most timely initiative but requires many improvements, said Ganesh Kumar Gupta, President of the Federation of Indian Export Organizations (FIEO).