Search Result for : Technology Transfer

The Dollar Business Bureau A business activity group said that the number of reforms announced by India for boosting Foreign Direct Investment (FDI) in several sectors will strengthen the bilateral trade between US and India. Mukesh Aghi, President, US-India Business Council (USIBC) on Monday said, “The broadened scope of FDI regime in sectors such as defence, broadcasting services, civil aviation and pharmaceuticals will give a fillip to the bilateral trade potential of US and India.” The USIBC said that to liberalise the FDI regime in civil aviation, defence, pharmaceutical sector and broadcasting services just after the Prime Minister’s visit to the US earlier this month has boosted the confidence of the investors.  Aghi said, “We appreciate the decision of the government for liberalisation of FDI ...

The Dollar Business Bureau    The United States has updated its policy on gas turbine engine technology transfer to India, said a joint statement issued on Friday after Defence Minister Manohar Parrikar’s four-day visit to the country. With the policy update, the United States will be able to expand cooperation in production and design of jet engine components to India. At the invitation of US Secretary of Defence Ashton Carter, the Indian Defence Minister made an official visit to the US from December 7 to December 10, 2015. He visited multiple defence facilities including US Pacific Command (PACOM), the Pentagon, and observed flight operations aboard the aircraft carrier USS Dwight D. Eisenhower (CVN-69). During their meeting, the two leaders looked forward ...

The Dollar Business Bureau The Technology Acquisition and Development Fund (TADF) scheme under the national manufacturing policy was launched on Wednesday by Commerce Minister Nirmala Sitharaman   As part of efforts to encourage domestic manufacturing, the government has come up with a new scheme which will help small enterprises in adopting green and energy-efficient technologies as well as global patents. The Technology Acquisition and Development Fund (TADF) scheme under the national manufacturing policy was launched on Wednesday by Commerce Minister Nirmala Sitharaman. “TADF is a new scheme to facilitate acquisition of clean, green & energy efficient technologies, in form of technology / customised products / specialised services / patents / industrial design available in the market available in India or globally, ...

PIB, Government of India The Union Cabinet chaired by Prime Minister Narendra Modi has approved the MoU between the India-Taipei Association (ITA) in Taipei and Taipei Economic and Cultural Center (TECC) in India. The MoU is on cooperation in the field of Micro, Small and Medium Enterprises. The objective of the MoU is to promote the cooperation between the Micro, Small & Medium Enterprises between the two parties. It provides a structured framework and enabling environment to the MSME sector of the two parties to understand each other's strengths, markets, technologies, policies etc. It also contains an agreement between the two parties to enable their respective MSMEs to participate in each other's trade fairs/exhibitions and to exchange business delegations with the ...

Source: PIB, Government of India.   The Union Minister for Micro, Small and Medium Enterprises, Shri Kalraj Mishra visited the exhibition stalls, on the occasion of the 60 years of Customer service celebration, in New Delhi on April 13, 2015. The Secretary, Ministry of Micro, Small and Medium Enterprises, Shri Madhav Lal is also seen. Source: PIB, Government of India.   The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for signing of the Memorandum of Understanding (MoU) between India and Sweden on cooperation in the field of Micro, Small and Medium Enterprises. The objective of the MoU is to promote cooperation between the Micro, Small and Medium Enterprises of the two countries. It ...

The Dollar Business Bureau India and the Democratic Republic of Congo (DRC), on Thursday, discussed plans for exploring mutual areas of cooperation in the field of mining as key ministries from both sides met each other in New Delhi. A business delegation of the DRC, led by Raymond Tshibanda N'Tungamulongo, Minister of Foreign Affairs, DRC, met the Indian Minister of Steel and Mines Narendra Singh Tomar. In his address, the Indian minister assured the visiting delegation of providing a full-fledged financial and technical support to the DRC in areas of capacity building and skill development. Stating that the bilateral relations between India and DRC have been friendly, the minister said that both the countries would further strengthen bilateral engagement in various ...