Imports

Over 500 projects are being discussed between Indian and African entities and India could extend its expertise to build strong logistics linkages in Africa, said Anup Wadhawan, Secretary, Ministry of Commerce & Industry.

Not all British companies have found it “entirely easy to operate in India” which is among the reasons for a still inconclusive Free Trade Agreement between the two countries, the UK government has admitted on 19 Mar 2019.

Dubai’s Amira Nature Foods Ltd, a global provider of packaged specialty rice, said its Indian subsidiary, Amira Foods India has converted Amira India debt into ordinary shares of Amira India.

Turnaround in political sentiments, Foreign Portfolio Investment (FPI) flows coupled with the expected large inflows from rights issues and the merger and acquisition deals, reduced geo-political tensions, stability in oil prices have driven the rupee appreciation to a 9-months high.

Indian exporters have managed to do well with 2.44% growth in February exports despite increasing protectionism, tough global conditions and constraints on the domestic front, said FIEO President Ganesh Kumar Gupta.

Ghana’s Vice President and Prime Minister as well as Deputy Prime Minister of Lesotho will join more than 31 senior Ministers from 21 African countries at the Conclave on India-Africa partnerships of US$62.66 billion bilateral trade as of 2017-18.

The Indian and Saudi Ministers have reviewed various Saudi investment proposals in the Indian oil and gas sector, including the urgent steps to be taken to expedite the implementation of a US$44 billion refinery and petrochemical complex.

Finance and Corporate Affairs Minister Arun Jaitley has assured business community that the Government is committed to facilitate trade and industry in the country so that the momentum of the growth continues to move-up.

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.

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.