UAE to set up $75 billion infrastructure fund for India

Image by: The Economic Times Investors from UAE show keen interest to set up a $75 billion infrastructure fund for India to invest in brownfield projects as they have shorter gestation periods. UAE’s strategic goal is to safeguard and boost both the countries’ status as major trade hubs and key gateways to regional and international … Continue reading “UAE to set up $75 billion infrastructure fund for India”

UPS unveils integrated logistics facility in Hyderabad

UPS, a U.S based logistics giant has unveiled its new 4,000 sq.ft integrated logistics facility at Begumpet, Hyderabad. The facility will provide integrated services – small package, supply chain solutions and contract logistics – to local businesses, in particular, SMEs, MSMEs and manufacturing clusters, to help them gain faster and more efficient access to international … Continue reading “UPS unveils integrated logistics facility in Hyderabad”

PM Modi emphasises digital, sustainable future at BRICS Summit

At the ninth installation of BRICS Summit in the Chinese port city of Xiamen, Prime Minister Modi addressed a plenary session and emphasised two areas of collaborative focus among the five nations. First, he echoed the importance of digital innovation to fight corruption and promote crucial access in developing economies. Second, he called for the … Continue reading “PM Modi emphasises digital, sustainable future at BRICS Summit”

India-Singapore trade could touch USD 25 billion by 2020

India-Singapore bilateral trade has shown a strong growth trajectory in recent years, making India optimistic of achieving USD 25 billion, up from the current level of USD 17 billion in trade with Singapore by 2019-20. FIEO has reported that India’s export to Singapore grew by 23% in the last fiscal while bilateral trade between the … Continue reading “India-Singapore trade could touch USD 25 billion by 2020”

India targets USD 30 billion trade with Russia’s Far East by 2025

India has shown keen interest to expand its economic ties with Russia’s resource-rich Far East to achieve its bilateral trade target of USD 30 billion by 2025. The government has extended invitations to regions and businesspersons of the Far East to visit India as well as sought the Russian government’s assistance in facilitating Indian investors … Continue reading “India targets USD 30 billion trade with Russia’s Far East by 2025”