IKEA seeks 450 acres at Kandla port cluster
The Dollar Business Bureau IKEA the Swedish furniture maker has expressed interest in India’s burgeoning infrastructural growth. The company has shown interest in a planned cluster at Kandla Port and wants to be allotted 450 acres in it. This was revealed to the media by Nitin Gadkari, Minister for Road Transport and Highways and Shipping. Speaking at the launch of a report by TCI-IIM Calcutta on freight transportation by road in India, the Minister said that the company has planned clusters for furniture production at the Kandla port and seeks 450 acres of land near the port. Gadkari said that the furniture maker would give technology, expertise and know-how to the proposed cluster and also purchase the finished products. “IKEA is ready ...
Strong Intellectual Property Policy, need of the hour: Report
The Dollar Business Bureau There is an urgent need to create a strong Intellectual Property (IP) policy so that creative work and innovation are duly protected, says a recently released report. The report titled 'Benefit Sharing in a Globalized India' was released by the Strategic Partners Group (SPAG), a leading research and advocacy firm, on the occasion of the World IP Day, on Sunday. Highlighting on the need for an effective IP Rights policy the report said, “India, a country with multifarious and ubiquitous problems needs an IP environment that stimulates growth and produces a battery that maps out the design for its future progress.” Stating that the cost-effective products should be made available even to the gross-root levels, the ...
