Investment

The government is planning to launch a National Logistics Policy to reduce trade costs, Commerce and Industry Minister Piyush Goyal said.

New Jersey Governor Philip D. Murphy has emphasised on the strong partnership between New Jersey and India to a gathering of over 60 industry leaders on 16 Sept 2019, kicking off a seven-day, six-city visit to India.

IBM aims to train 10,000 faculty members from ITIs across India Program will involve 14 trainers across 7 locations with over 200 workshops during a one-year period.

China’s Wuhuan Engineering Co Ltd has been awarded a Lump Sum Turn Key (LSTK) contract for Coal Gasification Plant PF Talcher Fertilizers Limited, Ministry of Chemicals and Fertilizers said on 18 Sept 2019.

Tata Consultancy Services (TCS) has launched of Silicon Valley-based Zinier’s solution at the TCS Digital Field Service Management (DFSM) Practice campus in Kochi.

Blockchain spend in India is expected to record a CAGR of 47.3%, increasing from US$289 million in 2019 to reach US$4,348.3 million by 2025.

A Rs.13,000 crore coal gasification plant to produce urea is being restarted by using technology from Air Products of the United States, the success of which will also reopen four other fertilizer plants.

The Government is committed to work towards achieving a US$26 billion Defence industry by 2025, Defence Minister Rajnath Singh said on 17 Sept 2019 in Delhi.

The Common Digital Platform for Issuance of electronic Certificates of Origin (CoO) will be a single access point for all exporters, for all FTAs/PTAs and for all agencies concerned.

The Indian Ambassador to Indonesia, Pradeep Kumar Rawat, has urged Indian and Indonesia companies to explore means to diversify trade basket through focused items such as bovine meat, sugar and rice.