India is seeking to double German investment: Ex-envoy
The Dollar Business Bureau India seeks to double the investment from Germany over the coming five years from the present 9.5 billion euros and it also wants a rise of two-fold in the number of German firms in the country, said a former India’s Ambassador to Germany on Tuesday. In the last few years, India has attracted around 74 German firms that have business ideas worth $1 billion of investment, Gurjit Singh told PTI. Prime Minister Narendra Modi is on a visit to Germany and held discussions with German Chancellor Angela Merkel, and also signed eight pacts. According to the latest news, Merkel was happy to, "develop cooperation with India. That's of huge importance and in no way directed against any other relationships and certainly not against the ...
India must prepare for a higher regulatory regime in foreign trade: Rajeev Kher
Naveen Kumar | The Dollar Business Rajeev Kher, Commerce Secretary, Government of India, has said that the world of foreign trade is moving towards a higher regulatory regime as mega-regionals such as the Trans-Pacific Partnership (TTP) and Trans-Atlantic Trade and Investment Partnership (TTIP) looked to set a new rules paradigm. Kher was speaking on the second day of the 21st edition of Partnership Summit in Jaipur summit organised by the Confederation of Indian Industry (CII) in Jaipur, Rajasthan, India from January 15-17, 2015. The summit was first held in 1995 and has now become CII’s flagship international event. The theme for this year’s summit was “Partnerships for Shared New Realities” and it was organised with an aim to ...
