Keni Port is envisaged as an all-weather, greenfield, multi-cargo, direct berthing, deep-water commercial port for handling all types of cargoes on the west coast in the North Karnataka region to serve the industries in the area covering Bellary, Hosapete, Hubballi, Kalaburagi, and South Maharashtra, the statement added.
JSW Infrastructure signs pact with Karnataka for Rs 4,119 crore Keni port project
No new issue in agri till permanent solution on public stockholding: India at a WTO meet
3 years ago
In a WTO meeting, Piyush Goyal put forward New Delhi’s approach to the issue saying that public procurement and stockholding of food grains serve the twin objectives of food security and income support to marginal farmers. The 19-member Cairns group, which includes agri-exporting nations, lobbies for agricultural trade liberalisation. It was formed in 1986 in […]
India is set to increase coking coal imports from Russia as supplies from Australia, its top supplier, drop and steel mills grapple with rising prices. Indian steel mills have faced challenges due to erratic supplies from Australia, which usually accounts for over half of India’s annual coking coal imports of about 70 million tonnes.
“Technical textiles is a sunrise sector and the future of this industry,” said a government official, adding that ambitious targets have been set for it.
India’s President Droupadi Murmu has emphasized the need to strengthen the infrastructure of ports and increase their efficiency. Speaking at the ‘Boita Bandana’ boat worship ceremony in Odisha, Murmu praised the government’s Sagarmala programme for strengthening port activities and emphasized the importance of maritime trade in the country’s trade and economic development.
India needs to position itself as global mfg hub as China witnessing repeated outbreaks: GTRI
3 years ago
A health ministry statement on November 26 said that the Government of India is closely monitoring the situation and indicated that there is no need for any alarm. The report said that China supplies more than 90 per cent of laptops and produces most components in-house. The same applies to washing machines, solar PV cells […]
We have seen a huge increase, a large increase in percentage points in the import. We are very happy to import from India as well, we’re a trading economy. So, an increase in imports from India is also a welcome thing. (It is) Of course a result of you producing even better services and products. […]
India’s bilateral FTA with Singapore and as part of Asean needs to be studied together: GTRI
3 years ago
The think-tank GTRI (Global Trade Research Institute) has recommended that the government undertake a thorough examination of the bilateral free trade agreement with Singapore. This suggestion comes in the context of an ongoing review of India’s trade pact with the 10-nation ASEAN bloc.
“The drafting process deviates substantially from the accepted practice at the WTO,” India, South Africa and Egypt said, adding that the “format and pace of the discussions have made it challenging” for most developing countries to effectively participate, consult with capitals, present their views, submit comprehensive proposals and review the progress.
Process afoot to capture MSME trade data
3 years ago
Anil Bhardwaj, secretary general, Federation of Indian Micro and Small & Medium Enterprises (FISME), said that product-wise data will help industry gain concessions in India’s free trade agreement negotiations and help improve its market access, policy making and competitiveness. This assumes significance as many of India’s FTAs have separate chapters on MSMEs. “We will get […]