Progressing Bharatmala and Sagarmala projects Forty-four Economic Corridors and 24 Multi Modal Logistics Parks are being planned on the hub and spoke model to facilitate efficient movement of freight along routes of economic importance, Minister Nitin Gadkari has said.
Minister calls for zero defect-zero effect policy Streamline taxes, implement incentives and create healthy competition among states to attract domestic and global investors for India to break into top 50 in the World Bank’s Ease of Doing Business Rankings.
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– MRSSIndia.com.
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.
Gupta welcomes e-wallet The Federation of Indian Export Organizations (FIEO) said changes announced by the Government to the Goods and Services Tax (GST) will address the problem of the exporters particularly micro & small segments.
FICCI says Indian SMEs played pivotal role in Europe For the first time in two years, Indian companies doing business in Europe have shed their pessimism and see a rebound in their business prospects in the region.
Micro and small exporters will benefit, says Gupta The Federation of Indian Export Organizations (FIEO) has welcomed the decision to dispense with Bank Guarantee requirement under Bond and replacing it with Legal Undertaking (LUT).
It welcomes Investment War Room The Federation of Indian Chambers of Commerce & Industry (FICCI) has welcomed the Commerce Ministry’s decision to set up an India-China Working Group to address the problem of the huge bilateral trade deficit.
Korea-India needs to increase to trade volume South Korea’s exports to India were US$11.6 billion in 2016, up about 50% since the signing of the Comprehensive Economic Partnership Agreement (CEPA), said Young Sam Kim, Additional Minister for Trade, Industry and Energy (MOTIE).
Indian High Commissioner to deliver keynote speech The Singapore Indian Chamber of Commerce and Industry (SICCI) is organizing a conference on ‘Understanding and Overcoming Challenges in India’.