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India's imports from ASEAN FTA partners; $187.92 billion in FY24

Exports to Asean countries grew from $37.47 billion in FY19 to $41.21 billion in FY24, marking a 9.96 per cent increase. Read more

FTAs boost Engineering exports; shipments to Russia double

While Russia has become a major trading partner in the last two years largely due to imports of petroleum crude, engineering exports to the country have doubled during April-February this yearRead more

Socomec India unveils strategic expansion plans to Sri Lanka, Bangladesh

With a recent €5 million investment by Socomec Group in the Indian market to enhance manufacturing capacity, the goal is not only to meet local demands but also to Sri Lanka and Bangladesh markets through exports.Read more

India's green hydrogen initiative garners interest, major players sit out initial subsidy auction

Initiative attracted interest from companies such as Sembcorp Industries, JSW Energy, and AM Green, while major players like Acme Solar Holdings, Avaada Group, NTPC, and Adani Enterprises opted out of the bidding process.Read more

India's exports surge, outpacing Asian Peers in Oct 2023: ICICI Securities report

Analysts and economists Prasenjit Basu and Laavanya Sisaudia from ICICI Securities anticipate a further acceleration in India's merchandise exports throughout the remaining fiscal year 2024.Read more

Quality certification slowdown in China hits Nike, Mitsubishi, Carrier

Government sources revealed that these companies have approached the government, seeking certification for their manufacturing units in other Asian countries.Read more

Welspun Corp appoints Ashish Prasad as CEO for Sintex BAPL

Prasad, an alumnus of the Indian Institute of Management Ahmedabad, brings over 25 years of extensive experience in Sales, Brand Management, Operations, Digital, and Strategy across leading companies in the Consumer and Retail sectors.Read more

BPE inks 3 international collaborations to strengthen its Southeast Asian outreach

BPE recently entered separate collaborations with China-based Eternal Asia (S) Pte Ltd (EA), Vietnam-based IDC Group and the Philippines-based Business Partners Enterprise Inc (BPEIP).Read more

French syrup company, Monin announces Rs 300 cr investment in India

This substantial investment in Monin India Pvt Ltd will be sourced directly from the family-owned French enterprise.Read more

India can be next hub for Asian market in safety

Germany-based Schmersal Group is a leading safety equipment manufacturer, took a big leap in India by setting up a manufacturing facility for safety products in the country in line with international safety standards at Pune in 2014. Michael Ambros, Managing Director, Schmersal Group in this interview with Ayushi Khandelwal shares significance of India in the global industrial safety equipment market and how Schmersal is truly leading the Make in India path in the industry. Read more

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