Industry Sectors

The Indian textile and apparel market is projected to reach US$225.7 billion by 2024, growing at a CAGR of 14.2% during 2019-2024. It was worth US$102.2 billion in 2018.

In-principle approval has been given for disinvestment of three units of Steel Authority of India Limited (SAIL), Steel Minister Dharmendra Pradhan said in a written reply in the Rajya Sabha on 10 July 2019.

Russia has called for focus on strategic economic cooperation with India at a bilateral meeting held on 10 July 2019 in New Delhi.

Commerce and Industry Minister Piyush Goyal has highlighted India’s concern on the import quota restrictions faced in Indonesia by the Indian auto and auto component industries on completely built up units (CBU) and tyres.

Growing partnerships and surging Foreign Direct Investment (FDI) in Defense vertical have propelled the demand for thermal imaging systems in India with a projected CAGR of 15% from 2019 to 2025.

Yangon International Airport (YIA) has launched a marketing campaign to tap Southeast Asian bound tourists from India with a series of roadshows, including to major Indian cities, in line with the India-ASEAN Air Connectivity initiative.

The Indian Industry is not convinced that Regional Comprehensive Economic Partnership (RCEP) will create a win-win situation for all by ensuring balanced outcomes in an across the key pillars, particularly goods and services.

The National Highways Authority of India (NHAI) has signed a Memorandum of Understanding (MoU) with National Investment and Infrastructure Fund (NIIF) for cooperation in formation of SPVs to execute the fund arrangement for large size road projects particularly green field...

A Government-appointed consultant has been working on Detailed Project Report for the Uttar Pradesh Defence Corridor, an investment of Rs.3,700 crore for which has been announced.

Ministry of Food Processing Industries and the World Bank have called for Expression of Interest for a hiring a Project Management Consultant to establish a Project Management Unit to support in implementation of India-Proposed Food Processing and Value Addition Program.