Search Result for : Manfuacturing

The Dollar Business Bureau  India and Thailand on Tuesday agreed to work collectively for the benefit of farmers, manufacturers and traders in the field of tuber crops such as tapioca.  This issue along with several others was discussed between S S Ahluwalia, Minister of State for Agriculture and Farmers Welfare and a delegation led by Winichi Chaemchaeng, Thailand’s Vice Minister of Commerce in New Delhi. The delegates from Thailand have proposed that cooperation in the area of agriculture, mainly of tapioca processing, value addition, etc, provides tremendous opportunities, according to a statement by the Agriculture Ministry.  Ahluwalia stated that both the countries share ties of history, heritage, civilisation and culture and that India and Thailand are important partners in several international forums.  The visiting ...

The Dollar Business Bureau With the deadline for Budget 2015 fast approaching, it is time for pre-budget recommendations especially with respect to the manufacturing industry. With the government’s campaign of ‘Make In India’ (a programme of the government which aims at increasing the share of domestic manufacturing in India's economic growth and create jobs) picking up like wild fire, manufacturers are looking at measures like removal of ‘inverted duty structure’ on key sectors like coir, auto, pharmaceuticals and electronics. Inverted duty structure impacts the domestic industry adversely as manufacturers have to pay a higher price for raw material in terms of duty, while the finished product lands at lower duty and costs less. Several industry bodies have been pressurizing Finance ...