Investment

The government is making some realistic decisions for US businesses planning to relocate out of China, making India a competitive next destination, underlining the market potential based on huge domestic demand and export potential.

The India-US bilateral defence trade is expected to reach US$18 billion by year-end and the US is committed to strengthening its partnership with India while furthering military-to-military relationships and cooperation.

The India frozen pizza market is expected to grow at a CAGR of 14.8% during the forecast period 2019 - 2027, to account to US$1.84 billion from US$550 million in 2018.

President Ram Nath Kovind said that the Philippines-India business story is an encouraging one with the real gain being collaboration in the IT-BPO segment.

While a few companies have made contributions into government-affiliated technology business incubation (TBIs) centres as part of their CSR mandate in the past, time is right to allow more public-private participation in R&D. 

India and Japan collaborating in building Hospital infrastructure through Japan International Cooperation Agency (JICA).

A nuclear plant is coming up in the Gorakhpur of Haryana, previously having focused such plants in southern India, said Dr Jitendra Singh, Minister of State for Atomic Energy and Space.

The current export of US$17.6 billion does not reflect the true potential of trade between India and Japan which has untapped potential worth more than US$3 billion, said the President of Federation of Indian Export Organizations (FIEO).

India remains concern about the effectiveness of Project Preparation Facility (PPF) of the New Development Bank, Finance Minister Nirmala Sitharaman has told BRICS’ Finance Ministers and Central Bank Governors meetings in Washington.

The Defence Research and Development Organisation (DRDO) has signed 30 licensing agreements for Transfer of Technology (ToT) with 16 Indian companies, including three start-ups, at Vibrant Goa Global Expo and Summit 2019, held at Goa University 17-19 Oct 2019.