Imports

A total of 6,000 members Federation of Freight Forwarders’ Associations in India (FFFAI) will joined interconnected & vibrant e-trade (hive) platform of Global eTrade Services (GeTS).

The intra-BIMSTEC trade has the potential to grow to US$240 billion from the current estimated US$40 billion once a Free Trade Agreement is implemented, M. Shahidul Islam, Secretary-General of the seven-member country group, citing estimates by think-tank groups.

More and more Chinese companies are interested in investing in India, as their wage cost has increased, a Tamil Nadu state official said here on 21 Sept 2018.

Fitch Ratings has revised upward India's economic growth forecast for the current fiscal year to 7.8%, from 7.4% projected earlier but with a cautious note on rising oil prices, weak banks and tightening financial conditions.

Japan’s Alps Electric Co Ltd is to exhibit for the first time at the electronica India, a leading platform focusing on electronic components, systems and applications.

CRON Systems, which has been working with Indian armed forces for border security, will collaborate with Quanergy System to provide cutting-edge perimeter monitoring system along the Indo-Pak border.

Bharti Airtel will deploy Irdeto’s security solutions to secure the linear channels offered on the set-top-box and the content offered on Airtel’s hybrid Android TV platform.

The Indian steel sector faces multiple challenges such as transportation and logistics, weakening rupee and auctioning of mines after the current licenses expires in 2020.

Though August exports have shown higher double digit growth with upward trend, rising trade deficit still remains a concern, says the Federation of Indian Export Organizations (FIEO) President Ganesh Kumar Gupta.

India and Syria should endeavour to take bilateral trade from US$175 million in 2017 to US$500 million in 2020, said the leaders of Indian exporters, calling for a strategy review.