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India pushes for strengthening ties with Central European countries

Source: PTI Projecting "unquestionable" stability of the economy, strong economic fundamentals and administrative reforms brought in by the Modi government, India on Monday pushed for taking the relationship with Central European countries forward in various fields. “As I look at it, there is a great scope to take things forward between our two areas in various fields,” Minister of State for External Affairs V K Singh said at the inauguration of the second edition of India-Central Europe Business Forum (ICEBF) in Bangalore. “Last few years have proved to be defining in the way India and Central European economies have worked to re-energise and redefine the trade and economic ties,” he said. Organised by Federation of Indian Chambers of Commerce and Industry in partnership ...

France to remain bullish on Make in India

The Dollar Business Bureau A White Paper on French Companies Making in India, prepared by the French Embassy says that 10 to 30 new French establishments are being set up every year in India since 2003. These new companies are normally specialists in one line of business; sometimes they are very specific and thus help in the growth of the Indian market. They generally have to face difficulties during the initial phase of their business setup. The share of SMEs (Small and Micro Enterprises) in these new establishments is more and more significant as they covered 50% of the new establishments in 2013.  There is an ever increasing growing presence of French independent entrepreneurs in India. The group’s size ...

'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 ...

Manufacturing remains a challenge for the government: Arun Jaitley

Sachin Manawaria | The Dollar Business A long term vision that strengthens India in the long-term is vital for the success of the Make in India campaign   Arun Jaitley, Finance Minister, Government of India, has said that while the government has taken a number of steps to encourage manufacturing in India and improve the ease of doing business in the country, a revival and large scale reforms in the sector remains a challenge. Experts say that India needs to speed up the expansion of its manufacturing base as a direct transition from an agricultural-based economy to a services-based economy could lead to several economic challenges including the widening gap between the rich and the poor and growing unemployment. India has ...

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