| India is enjoying the global attention embarked on it as the developed countries make efforts to stabilise their respective economies. Various countries are coming forward to harness the potentials and to benefit from the positive investment climate of the Indian economy. The bilateral trade between India and Europe, which stood at US$ 74.5 billion in 2010, is likely to touch US$ 207.6 billion by 2015. Moreover, the bilateral trade between India and Germany is expected to rise to €20 billion (US$ 27.69 billion) by 2012. |
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| Additionally, India's foreign direct investment (FDI) through Mauritius has crossed US$ 50 billion accounting for 42 per cent of the total FDI inflows, according to the latest official data. |
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| Subsequently, showcase the booming Indian economy and making India one of the favourite FDI destinations, thereby strengthening its trade relations globally. |
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INDO-JAPAN Collaboration in Technology & Research key to enhance growth
CII: Nov 10, 2010 |
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| With growing cultural and economic ties, both Hiroshima and Tamil Nadu have great potential for cooperation in Research and Development (R&D) and technology in high growth sectors, said H E Hidehiko Yuzaki, Governor, Hiroshima Prefectural Government in his address at the India -Hiroshima Prefecture Business Matching Seminar 2010 organized by Confederation of Indian Industry (CII)... |
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Indian Firms contributing to US employment creation and community development: CII Report
CII: Nov 08, 2010 |
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| The CII Report 'India-A Growth Partner in the Indian Economy' estimates that India sourcing of US military and nuclear hardware and civilian aircraft could create over 700,000 jobs in the US over the next ten years. CII survey of member firms with operations in the US clearly shows that Indian business is now engaged across a wide spectrum of sectors, and not just IT and IT enabled services... |
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Indo-EU bilateral trade may cross $200bn by 2015: Experts
CII: Nov 02, 2010 |
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| The bilateral trade between India and Europe, which stood at US$ 74.5 billion in 2010, is likely to touch US$ 207.6 billion by 2015, according to Brinda Jagirdar, General Manager - Economic Research, State Bank of India (SBI)... |
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FDI from Mauritius crosses $50 bn
CII: Nov 01, 2010 |
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| India's foreign direct investment (FDI) through Mauritius, considered a tax haven, has crossed $50 billion accounting for 42 per cent of the total FDI inflows, according to the latest official data. India has a Double Taxation Avoidance Treaty (DTAA) with Mauritius, under which the corporates registered there can choose to pay taxes in the island nation... |
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India can become America's largest trading partner: USIBC
CII: Nov 08, 2010 |
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| India is the United States' 12th largest trading partner. It could be number one or two if the conditions for trade between these two giant economies continue to improve," according to Harold Terry McGraw III, Chairman, US-India Business Council (USIBC) and Chairman and CEO, McGraw-Hill Companies... |
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Indians 3rd fastest growing foreign investor in US
CII: 8 Nov, 2010 |
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| India is the third fastest growing foreign investor in the US, according to Holly Vineyard , Deputy Assistant Secretary of Commerce for Africa , the Middle East and South Asia... |
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India tops UAE's import list in 2010
CII: Nov 03, 2010 |
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| India has topped Dubai imports list with 45 billion dirhams by 19 per cent of the aggregate value, statistics revealed by Dubai Customs for the first eight months of 2010... |
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India-US trade will reach $50 bn this fiscal: Shankar
CII: 3 Nov, 2010 |
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| Two-way trade between India and the United States (US) is expected to reach US$ 50 billion in 2010-11, with investments moving in both directions, according to Meera Shankar, India's Ambassador to the US... |
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Investment pact with Sudan comes into effect
The Hindu Business Line: October 19, 2010 |
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| The Bilateral Investment Promotion and Protection Agreement (BIPA) signed in 2003, between India and Sudan has come into effect from October 18, 2010 with the exchange of instruments of ratification (IOR) between the two sides... |
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Finland hopeful of India-EU free trade pact by December
The Hindu Business Line: October 28, 2010 |
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| The Finnish Minister for Foreign Trade and Development, Dr Paavo Vayrynen, is hopeful that the Free Trade Agreement between India and the European Union could be finalised by December 2010... |
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Swiss companies extend arm to Indian partnerships
The Hindu Business Line: Oct 28, 2010 |
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| By setting up a base in Switzerland, Indian companies can establish themselves in the country and also gain access to a larger market, the European Union (EU), according to Philippe Welti, Switzerland Ambassador to India... |
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India, Germany to deepen ties
Live Mint: October 17, 2010 |
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| Bilateral trade between India and Germany is expected to rise to €20 billion (US$ 27.69 billion) by 2012, said Vishnu Prakash, the Foreign Ministry spokesman... |
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Mongolia for strengthening bilateral relations with India
The Hindu Business Line: October 12, 2010 |
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| The Government of Mongolia is considering issuing visa on arrival for Indian businessmen and would interact with the Indian Ministry of Civil Aviation for early implementation of direct connectivity from Mongolia to India... |
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Cyprus keen to forge ties in IT, energy sectors
The Hindu Business Line: October 18, 2010 |
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| The Cyprus Government is shortly sending a high-level business delegation, to be headed by its Minister for Trade, Commerce and Tourism, Mr Antonis Paschalides, to India to promote economic relations between the two countries... |
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Govt aims at $70-b trade with Asean by 2012
The Hindu Business Line: October 11, 2010 |
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| The Government plans to increase trade with Association of South East Asian Nations (ASEAN) to US$ 70 billion by 2012, according to Mr V L Kantha Rao, Director (Foreign Trade - ASEAN), Union Ministry of Commerce and Industry. |