Search Result for : Telangana

The Dollar Business Bureau Data from the Ministry of Commerce website showed that exports from SEZs grew by about 12% to Rs 5.24 lakh crore and attracted investments worth Rs 4.23 lakh crore in 2016-17. While the country’s overall exports recorded a growth of 16.23% in rupee terms. States like Tamilnadu, Telangana, Maharashtra and Karnataka have the highest number of SEZs operational in the country. The Government has approved as many as 421 zones till May 1, of these 218 of them are operational. SEZs all over India have generated employment for 17.31 lakh people. As a special provision to increase exports from SEZs, under GST, the government has decided to treat the supplies reaching the SEZs from the domestic market at par with ...

The Dollar Business Bureau Hong Kong Trade Development Centre (HKTDC), a facilitator of international trade via Hong Kong, organised a seminar in collaboration with The Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry, in Hyderabad, on March 9, 2017. The seminar provided an opportunity to 'explore business through Hong Kong'. Prominent industrialists, entrepreneurs, and members of FICCI from Hyderabad were seated in the audience. India and Hong Kong have a fairly healthy exchange of trade. Hong Kong stood as India's seventh largest trading partner in 2015-16, with a total trade of $18 billion. In the same period, $12 billion worth exports were made to Hong-Kong. The country makes for 4.6% of India's overall exports. Pearls, precious and semi-precious stones, leather and electronical machinery, cotton, fish, organic chemicals, optical and medical instruments, machinery ...

Sreenivasa Rao Dasari Reeling under turbulent pressure, goat and sheep meat abattoirs-cum-processing units in Telangana look to government support as low margins are evaporating their export potential. The sheep meat exporters are urging the state government to extend subsidy on feed to lower sheep prices in addition to offering turnover-based incentives. Meat exports from Telangana are declining by the day owing to higher production costs when compared to other states such as Karnataka.  Several abattoirs and meat processing units in Telangana are suffering from under capacity utilization owing to the supply shortage. Similarly, the goat and sheep meat export performance has also turned sluggish as poor price disparity make the local processing units uncompetitive in the global market, observes Mohammad Hasan, Managing Partner ...

The Dollar Business Bureau After signing deals with Ostro Energy Pvt. Ltd and CLP India Pvt. Ltd for its solar projects, wind turbine maker Suzlon Energy is ready to sell its 49 per cent stake in its special purpose vehicle (SPV) Rudra Solarfarms Ltd to Canadian solar firm AMP Solar Group for Rs 14 crore.  AMP can later go for purchasing the remaining 51 percent stake in the SPV. The Telangana State Southern Power Distribution Co Ltd will be the beneficiary of the power produced which will be sold at a tariff of Rs 5.599 per kilo-watt hour under a 25-year power purchase agreement (PPA).  Suzlon will be giving maintenance (O&M) services to the 15 megawatt (MW) project for 25 years. The company is ...

The Dollar Business Bureau The Civil Aviation ministry has on Monday cleared four new airport projects, which include three projects in Andhra Pradesh and one in Telangana. “The Steering Committee on Greenfield airports headed by Secretary, Civil Aviation (MoCA), Government of India met and considered four new airport projects. The Committee recommended ‘in principle’ approval to 3 projects in Andhra Pradesh (AP) viz, Bhogapuram, Dagadarthi (Nellore) and Orvakallu (Kurnool),” said a statement released by the Civil Aviation ministry. The Steering Committee also recommended for ‘site clearance’ to the Kothagudem project in Telangana. With this, the state will get a second Greenfield airport in addition to the Hyderabad International airport. The State Government will develop the new international airport at Bhogapuram (AP) under the PPP ...

Sharath Chowdary The Belgian retailer Colruyt Group has partnered with Nasscom Foundation to launch the National Digital Literacy Mission (NDLM) centre in Hyderabad. Colruyt is the first Belgian company to invest in providing digital literacy to people in India. This centre aims to train people from the marginalised sections of the society, in digital literacy in Borabanda and other areas of Hyderabad.  The company, which has an IT development centre in Hyderabad, is thinking of investing further in the city and is looking at IT, electric, solar energy and other sectors including retail and wholesale of food products, Colruyt Group CEO Jeff Colruyt said while speaking to the media after inaugurating the centre on Wednesday. Telangana IT Secretary Jayesh Ranjan, Nasscom Foundation ...

The Dollar Business Bureau Government of Malaysia's Construction Industry Development Board (CIDB) has shown interest to invest Rs.10,000 crore in the infrastructure projects in the state of Telangana. Minister for Industries K T Rama Rao has met Abdul Latif Hitam, the CEO of CIDB in Kuala Lumpur, Malaysia on Friday. He discussed the opportunities in Telangana infrastructure sector during his three-day tour to attract investments into the state.  The CIDB, a statutory body under Malaysia’s Ministry of Works, promotes and facilitates the exports of Malaysian construction services. The CIDB board is interested to invest in infrastructure projects such as highways, urban mass transit, housing and other infra projects in Telangana. The board has already entered into an MoU with Rajasthan government for ...

The new software will break the virtual and connectivity barriers of agricultural markets and will ensure fair prices to the farmers, says Union Agriculture Minister The Dollar Business Bureau The Union Minister for Agriculture and Farmers Welfare Radha Mohan Singh addressing the foundation ceremony of Konda Laxman Telangana State Horticulture University, at Mulugu village (Medak District), Telangana on Thursday   In a move to improve agriculture market across the country, the government on Thursday said that it will soon launch a new software which will connect agricultural markets with internet. Radha Mohan Singh, Union Minister of Agriculture & Farmers Welfare, announced the initiative on Thursday at the launch of a horticulture university in Medak district, Telangana. Speaking at the foundation ceremony of Konda Laxman Telangana ...