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Category Archives: economy

India-Africa trade to cross US$100bn

Africa offers opportunities for MSMEs The bilateral trade between India and Africa will cross US$100 billion in next two years owing to improvement in business environment in the country together with better infrastructure and connectivity across African continent, Union Minister Mukhtar Abbas Naqvi said at

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Indian health market projected at US$372bn in 2022

Lifestyle diseases to boost healthcare spending India’s healthcare market may see threefold rise as its size in value terms is likely to reach US$372 billion by 2022, clocking a compounded annual growth rate (CAGR) of 22 per cent, according to a joint paper by ASSOCHAM-RNCOS,

AG&P to set up LNG terminal at Karaikal Port

LNG for industries in Southeast India Atlantic, Gulf and Pacific Company (AG&P) has signed an exclusivity with Karaikal Port Pvt. Ltd. (KPPL) to develop an LNG import terminal at the Port, including LNG sourcing and supply.

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Indian cosmetics market at US$35bn by 2035

Export demand for Indian herbal brands India’s beauty cosmetics and grooming market is expected to balloon to US$35 billion by 2035 from the current level of $6.5 billion, according to a joint study by ASSOCHAM–

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More opportunities for US exports to India

India has made significant investment in US There will be greater opportunities for US exports to India, starting with crude oil shipment this year and the Liquefied Natural Gas deliveries from next year.

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India to enjoy cheap LNG imports

Brown coal remains best option for power plants India will continue to be supplied cheapest Liquefied Natural Gas (LNG) in the coming years as long as the United States’ shale production continues through till about 2025.


India-Japan energy MoC approved

Bilateral pact for diversification of gas supplies The Union Cabinet has approved the signing of the Memorandum of Cooperation (MoC) between India and Japan on establishing a liquid, flexible and global LNG Market.

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India seeks indepth knowledge of global energy

India wants to be in the energy technology India has sought in-depth knowledge of the global oil producers, given it will remain the World’s fastest growing energy market over the next two decades and changes in prices will hit the Indian consumers.

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Diwali demand for Chinese products down 40-45%

Indians preference local products, says Diwali survey The sale of Chinese products may decline by 40-45% this Diwali (the week of 16 October) as compared to last year which was about 30% as per of the market, according to a quick survey by ASSOCHAM-Social Development