GM India aims to double exports from India
The Dollar Business Bureau General Motors India is planning to double is exports to touch 50,000 units this year from 21,000 units last year. With a capacity of 1.3 lakh vehicles, its Talegaon facility in Maharashtra will become its export hub in India. More than 30% of the manufactured units from here will be exported to the other countries. It has launched the first left-hand drive Chevrolet Beat for export to Argentina on Monday. GM India has first exported its cars from India to Chile in September 2014. It has dispatched 3,000 Chevrolet Beat cars to Mexico in October 2015. The left-hand drive Chevrolet Beat is also exported to Chile, Peru, Uruguay and Central American and Caribbean Countries (CAC). Now Argentina has ...
Tamil Nadu has maximum number of operational SEZs
Source: PTI As many as 225 non-operational special economic zones are there in different states of the country. As many as 36 special economic zones (SEZs) are operational in Tamil Nadu, followed by Telangana and Karnataka, Parliament was informed on Monday. In Telangana and Karnataka, 26 SEZs in each state are operational. “Presently, a total of 204 SEZs are exporting. As on June 30, a total of 15,04,597 persons have been provided employments in SEZs,” Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok Sabha. Further, she said as many as 225 non-operational zones are there in different states of the country. The government has approved 19 proposals for setting up of new zones in 10 states, ...
