Investment

UAE-India aims to work in third country markets Prabhu discusses business with UAE delegation. India is progressing on the United Arab Emirates (UAE) plan to invest US$75 billion over the next 10 years in its growing infrastructure projects. This was...

Mazagon launches submarine The Indian Armed Forces have signed 68 contracts worth Rs.1,24,291.33 crore with foreign vendors for capital procurement of defence equipment over the last three years. The Forces have also signed 119 contracts worth Rs.1,16,522.89 crore have been...

Rs.6 lakh crore for infra projects Modi address Advantage Assam. India is to invest Rs.6 lakh crore on infrastructure and develop 600 major railway stations in the coming years, said Prime Minister Narendra Modi. "Our target is to re-develop 600...

Govt tightens layers of accountability Jaitley. Finance and Corporate Affairs Minister, Arun Jaitley, has stressed on the importance of procedural fairness in public procurement and award of contracts. This can be ensured through transparency and fairness that enable a State...

Govt focus to make business easier for industry Prabhu at the industry policy launch. Commerce and Industry Minister Suresh Prabhu has kicked off a series of nation-wide consultations with the industry on the proposed new Industrial Policy, first of which...

Haryana and Chandigarh accelerates DPRs Detailed project reports (DPRs) are being prepared for 11 projects in Amritsar, 19 in Jalandhar and 19 in Ludhiana as part of the 'Smart Cities Mission (SCM)' development. These projects are estimated to cost Rs.3,385...

Minister set 2018 target to build 10,000-km The National Highways Authority of India has invited bids for 1,000km projects within the next 15 days. In total, NHAI plans to award 3,300 km of road projects this month (February) and 5,000...

Gadkari sees huge demand for ships Cochin Shipyard Limited (CSL) and Joint Stock Company United Shipbuilding Corporation (USC), Russia have signed a Memorandum of Understanding (MoU) to collaborate and engage in Design, Development and Execution of contemporary, State-of-Art vessels for...

Govt to provide US$380M JMVP The World Bank has signed a US$375 million loan agreement with Department of Economic Affairs (DEA) for the capacity augmentation of National Waterway-1 from Varanasi to Haldia on Ganga River. Implementor Inland Waterways Authority of...

MSMEs in dialogue with Southeast Asian companies Micro, small and medium enterprises (MSMEs) from India's space and satellite sector are set to internationalize their sub-system manufacturing expertise through joint ventures with global manufacturers. “Indian industry is in dialogue with not...