Exports

The Government has taken following major steps to increase the flow of credit to micro, small and medium enterprises (MSME) exporters, Commerce and Industry Minister Piyush Goyal said in a written reply in the Rajya Sabha on 12 July 2019.

Russia has called for focus on strategic economic cooperation with India at a bilateral meeting held on 10 July 2019 in New Delhi.

HCL Technologies and NLC Insurance Companies said a new core processing, data, and document management systems have been deployed for NLC’s Massachusetts agents and policyholders.

Commerce and Industry Minister Piyush Goyal has highlighted India’s concern on the import quota restrictions faced in Indonesia by the Indian auto and auto component industries on completely built up units (CBU) and tyres.

The Indian Industry is not convinced that Regional Comprehensive Economic Partnership (RCEP) will create a win-win situation for all by ensuring balanced outcomes in an across the key pillars, particularly goods and services.

Indian Micro, Small and Medium Enterprises, with niche security-sensitive technologies, are exploring export markets, having showcased their products at the Interpol World 2019 conference and exhibition held in Singapore 2-4 July 2019.

The Indian smart kitchen appliances market, which includes refrigerators, ovens, hoods, blenders, coffee makers, scales, cookers and dishwashers, is estimated to increase revenue at cumulative annual growth rate (CAGR) of 11.8% by fiscal year 2026.

The 2019-20 Budget addresses some of the basic challenges faced by manufacturing and exports including flow of credit, infrastructure bottlenecks, labour laws, skilling among others.

Dr. Reddy’s Laboratories Ltd has announced the launch of Carboprost Tromethamine Injection USP, 250 mcg/mL (1mL) Single-dose Vial, a therapeutic equivalent generic version of Hemabate® injection, 250 mcg/mL, approved by the U.S. Food and Drug Administration (USFDA).

WNS (Holdings) Limited (NYSE: WNS) has announced its strategic contract win with the newly formed US$1.8 billion capitalized Convex Group Limited, an international specialty (re)insurer based in the UK and Bermuda led by renowned insurance leaders Stephen Catlin and Paul...