Israel wants more investment friendly policies from Indian government
The Dollar Business Bureau Israel wants India to further ease the process of doing business and offer a more investor- friendly environment to its companies, an issue that may come up for discussion during PM Narendra Modi’s upcoming visit to the country. Israeli sources said the Jewish country is optimistic on further progress on a Free-Trade Agreement (FTA) with India. The two countries have had eight rounds of discussions on FTA till now. An FTA will help Israeli companies in their business activities in India, the source said. From $200 million in 1992 (comprising primarily trade in diamonds), the bilateral merchandise between the two countries reached $5.19 billion in 2011. However, it stagnated around $4-4.5 billion with bilateral trade (excluding defence) for 2015 being $ 4.14 ...
Flipkart unveils new brand licensing for Indian sellers
Source: PTI Flipkart's initiative is to ease the process for international brands and offer authentic merchandise to consumers E-commerce giant Flipkart on Monday came out with a new brand licensing initiative to ease the process for international brands entering India and offering consumers more authentic and branded merchandise. In “a first of its kind” arrangement in the industry, Flipkart has tied up with Viacom 18 for the licensing of three large brands – Teenage Mutant Ninja Turtles, Spongebob Squarepants and Peanuts – for sellers. Global brands are constantly looking to partner with the most competent manufacturers across categories, and Flipkart wants to become the licensing platform that connects these brands to the most deserving sellers in India, it said. The ...
Manufacturers, exporters need to diversify to increase global trade
Source: PTI Indian manufacturers and exporters should diversify more and become part of regional multi-lateral trade pacts to boost shipments of their products globally, India's top envoy in Singapore has said. “It is for the business community of India and Singapore to identify more opportunities and further increase trade flows,” India's High Commissioner Vijay Thakur Singh told some 200 delegates at the 'India-Singapore Trade: Challenges and Opportunities' business forum. Underlining the wide range of initiatives and thrust of India's foreign trade policy, Singh called on the manufacturers and exporters to diversify and be part of the regional multi-lateral trade pacts to boost shipments of their products globally. Singh also reiterated the government's target of further increasing shipments of merchandise and services as ...
