Exports

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).

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.