Search Result for : Middle East Market

The Dollar Business Bureau The bilateral trade between India and the United Arab Emirates (UAE) is likely to touch the $100 billion mark by 2020, from the present $60 billion, a press release of Confederation of Indian Industry (CII) said.  “This is evident from the rising interest of the Indian firms towards the markets of Middle East, especially the UAE and the steps taken by the Ministry of Commerce & Industry of India and CII to further boost trade and investment relations,” CII said in a statement.  Presently, the trade between the two nations is estimated at $60 billion, the statement read which was released on the sidelines of Middle East Electricity Exhibition in Dubai where around 50 major Indian companies are taking part.  The ...

The Dollar Business Bureau Mahindra Two Wheelers, a part of Mahindra & Mahindra Ltd, on Wednesday launched the all-new Mahindra Gusto scooter in 125cc variation in 8 more states, priced between Rs.48,410 and Rs.55,110 respectively (ex-showroom). The company had earlier launched the Gusto 125 model in southern states including Kerala, Karnataka, and Tamil Nadu. Now, it will be available across dealers in 8 northern states of Delhi, Gujarat, Goa, Maharashtra, Uttar Pradesh, Chandigarh, Punjab and Rajasthan before being rolled out all across the country, Mahindra Two Wheelers said in a statement. Vinod Sahay, Chief Operating Officer, Mahindra Two Wheelers said, “Since its launch last year, Gusto has grown consistently and we are now excited about extending the Gusto brand to include new consumer ...

The Dollar Business Bureau Besides venturing into new markets and introducing a children’s wear segment, hosiery maker Dollar Industries is aiming for Rs.1,000 crore revenue in FY17. The Kolkata-based company’s Joint Managing Director Binay Kumar Gupta, stated that the company is eyeing for whopping turnover of Rs.1,000 crore and is even planning to expand its presence in India with special focus towards south Indian customers. In FY16, the company registered a total revenue of Rs.829.94 crore. Indicating strong growth of the company, the total revenue generated by the company in FY15 was Rs.730 crore. Gupta revealed that Dollar Industries has 15% share in the Rs.10,000 crore in the Indian organised knitwear industry. In the coming two years, Dollar is planning to introduce children’s wear. Apart from ...

Source: PTI Finance Minister Arun Jaitley will launch the first Arab India Economic Forum in Dubai next month to highlight investment opportunities in India and discuss solutions to meet investor challenges in the country. Jaitley will address dignitaries, government officials and business leaders from around the Arab region during the forum to be held from November 16-17. Arab India Economic Forum (AIEF) will feature discussions on the extensive economic opportunities that can be leveraged between Arab nations and India for investment as exemplified by the activities of leading companies from the region like Saudi Arabia Basic Industries Corporation, DP World, and Jumeirah Group. Jaitley will shed light on the business and investment opportunities in India regarding 'Make in India' and Digital ...