Manufacturing

Commerce and Industry Minister Piyush Goyal has asked RBI to extend US$25 billion line of credit to exporters, ensuring funds with interest rates not 2% above LIBOR.

The government should allow a minimum of 51% Foreign Direct Investment (FDI) in defence sector without any riders to linkages with ‘modern technology,’ so as to enable international defence companies to exercise adequate control over joint venture companies, intellectual property...

Trade and economic relations between India and China have seen rapid progress in the last few years with bilateral trade reaching US$87.06 billion in 2018-19 from a low of US$2.92 billion in 2000-01.

The Federation of Indian Chambers of Commerce and Industry (FICCI) has called for a dialogue between India and the US to find a workable solution with regard to the termination of the Generalized System of Preferences (GSP) for Indian products.

India’s Asian Paints has successfully transformed its procurement planning by implementing o9 Solutions’ cloud-based, artificial intelligence platform.

India must think and go for 10% economic growth by boosting consumption, drawing investments and increasing exports, said the newly appointed President of Confederation of Indian Industry, Vikram Kirloskar.

Agriculture Minister Narendra Singh Tomar has emphasized on strengthening and fast tracking of e-NAM to facilitate agricultural trading.

The United States of America (USA) has withdrawn India’s benefits under the Generalized System of Preferences (GSP), a scheme under which India exported US$6.35 billion worth of goods last year.

Growth of India’s eight core sectors has slowed to 2.6% in April 2019 compared to 4.7% a month ago, government data showed on 31 May 2019.

The Indian anesthesia devices market is estimated to register a CAGR of 12.2% during 2019-2024, growing in value to US$975.5 million by 2024 from approximately US$494 million for 2018.