Auto expo showcases India as manufacturing hub
India is currently the seventh largest producer in the world with an average annual production of 23.36 million vehicles, of which 3.57 million are exported Ahmad Shariq Khan and Jasleen Kaur | The Dollar Business Along with the main expo in Greater Noida, the Auto Components show was also held in New Delhis Pragati Maidan from February 4-7, showcasing cutting-edge technologies and tools from the sector. The Auto Expo 2016, which concluded on Tuesday, displayed Indias potential to become the hub of manufacturing and innovation in the automobile sector with makers from 20 countries sashaying an array of models on wheels, attracting huge number of buyers and prospective business partners. The biennial extravaganza, organized by the Automotive Component Manufacturers Association (ACMA), Confederation of ...
India, Bangladesh to join hands to develop regional exports hub
The Dollar Business Bureau India and Bangladesh are considering the development of a regional supply chain to boost their exports and set up a joint manufacturing hub of South Asian countries to counter China’s Pearl Valley Delta. India has plans to set up a special economic zone in Bangladesh and both the countries are likely to take a formal decision next month when Prime Minister Narendra Modi is expected to visit Dhaka, a media report said quoting senior government officials. “I have already spoken to the export processing zone regulators in Bangladesh, and we are looking forward to the idea of the Indian SEZ,” Bangladesh Foreign Minister Shahriar Alam was quoted as having said in New Delhi. Although the ...
