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Pharma Pro & Pack 2016 unveils in Mumbai

Aadhira Anandh   The 4th edition of Pharma Pro &Pack Expo 2016, an international exhibition for Pharma’s technology and trade was unveiled on 27th April in Mumbai. The event is being organized by India Pharma Machinery Manufacturers Association (IPMMA) and GPE Exports Pvt. Ltd. Hosted in association with the EEPC India and PHARMEXCIL, the expo largely concentrates on the Indian Pharma engineering and the Indian Pharmaceutical Industry. The expo provided a common platform for trade opportunities to MSME’s on both national and international levels.  Simultaneously in another part of the exhibition ground Pharma Lab Expo 2016, an international exhibition of total pharma manufacturing technologies was organized. It focused on providing the experience of new technologies to the pharma buyers and sellers in the industry.  The ...

India to pitch manufacturing in Hannover 2016

The Dollar Business Bureau   The Hannover Messe 2016 gives India yet another opportunity to showcase its manufacturing potential, in line with the government’s vision to becoming a key global supply player. India was a partner country in the Hannover fair last year, that gave a renewed momentum to Prime Minister Narendra Modi's Make in India initiative.  The Hannover Messe 2016 is being held between April 25-29 in Hannover, Germany. US President Barack Obama and German Chancellor Angela Merkel hosted the inauguration ceremony of the fair on Sunday, April 24, 2016. The Indian delegation is being led by the Secretary of the Department of Heavy Industry and Public Enterprises, Girish Shankar, the EEPC and some of the leading Indian private and public firms.  Pitching India as the world’s best possible FDI destination, Shankar ...

Review of FTAs key concern for govt

Commerce and Industry Minister Nirmala Sitharaman held a meeting with export promotion bodies and took note of the adverse impact of FTAs The Dollar Business Bureau Representatives of 11 export promotion councils (EPCs) and export development authorities, APEDA and MPEDA, discussed the current trend and issues faced by exporters   The government has said that it is in the process of reviewing the free trade agreement (FTA) with ASEAN and other such pacts including RCEP (Regional Comprehensive Economic Partnership) to improve Indias exports. Commerce and Industry Minister Nirmala Sitharaman held a meeting with the chairpersons of export promotion councils on Tuesday and took note of the adverse impact of FTAs on the countrys foreign trade. Representatives of 11 export promotion councils (EPCs) and export development ...

Demand slump in neighbouring countries hits Indias engineering exports

The Dollar Business Bureau India’s engineering exports has been witnessing a steep fall in the last couple of months mainly due to the demand slowdown in the neighbouring countries. As per the latest data released by the government on Thursday, India’s exports of engineering products registered a negative growth of 22.81% in September this year compared to the figure of the same month a year ago. However, the rate of decline was less than that of August when it went down by 29.5% year-on-year. In a recent analysis based on August trade data, engineering export promotion body EEPC India said that the country’s shipments to neighbouring markets including China and Sri Lanka have witnessed a massive fall. “India’s engineering exports to its ...

South Asia becomes the top destination for Indian engineering exports

The Dollar Business Bureau Government of India’s ‘Neighbourhood First’ policy got yet another boost as South Asia became the top destination for engineering exports from India in April 2015, according to a report by the Engineering Export Promotion Council of India (EEPC India). While India’s overall engineering exports clocked a miniscule growth of 0.2% (year-on-year) in April 2015, the shipments to South Asia witnessed a massive jump of 90.12% during the same period, followed by North America (25.62%), European Union (-0.8% year-on-year). The value of India’s engineering exports to the South Asia region increased from just $469.5 million in April 2014 to an impressive $892.7 million in April 2015. EEPC India, in its Engineering Exports Monitor for April 2015, noted that there ...

'Make in India' set to resonate in a trade fair at Germany

The Dollar Business Bureau India is all set for large scale participation in Hannover Messe 2015, a world's leading trade fair for industrial technology which, is scheduled from April 13-17, 2015. According to an official release, India is gearing up to fully utilize its ‘Partner Country’ status in the event, by branding ‘Make in India’ slogan in a widespread manner in Germany and other neighbouring European countries. This was informed by Nirmala Sitharaman, the Indian Minister of State for Commerce & Industry (Independent Charge) on Monday. The Union Minister further said that the India’s Pavilion, being constructed by the Department of Industrial Policy and Promotion (DIPP), will project India’s brand image by highlighting key sectors of Indian portfolio under ...