Exports

Commerce & Industry Minister Suresh Prabhu has inaugurated Rs.1,000 crore worth of projects in 7 States and 2 Union Territories, boosting India’s pivotal position as diamond, jewelry and spice supplier to the global markets.

India and ASEAN have enhanced their bilateral trade target to US$200 billion but removal of traffic barrier is crucial to achieve this, said Minister of State for Commerce & Industry, C R Chaudhary.

The Canadian business community is focusing on India’s infrastructure development, information and communication technology, advanced manufacturing, financial services, tourism, business immigration, education and skills development.

Saab Aerostructures has awarded a contract to its joint venture in India to manufacture the structural assembly for the Over Wing Doors (OWD) on the Airbus A321neo program.

Commerce and Industry Minister, Suresh Prabhu, has expressed the hope that the ASEAN member nations and India will collectively work in a determined manner to ensure early conclusion of a Regional Comprehensive Economic Partnership (RCEP) agreement.

CENTRiC, Indian smartphone manufacturer has announced its participation at the upcoming Mobile World Congress 2019 to launch its 5 new models of smartphones in Barcelona.

Cardlytics, a purchase intelligence platform that makes marketing more relevant and measurable from Atlanta, has opened its first Asia office in Sunrise State of Andhra Pradesh in the city of Visakhapatnam (Vizag).

While India’s exports to US and China grew by over 11% and 35% in Apr-Dec 2018, the contraction in global imports will affect exports performance, says Ganesh Kumar Gupta, President of the Federation of Indian Export Organizations (FIEO).

Chief executives of Indian-US businesses have made recommendations on a wide range of industries and have expressed commitment to work together for benefit of commerce and industry in both the countries.

The Indian Government is trying to encourage private and state-owned mills to go for overseas asset acquisitions for raw material as a supply security, said Minister of State for Steel, Vishnu Deo Sai.