According to Aalok Shah, managing director of Rothschild & Co in India, the bank had a reasonably good first half as it completed three large deals — the USD 490-million Piramal-Carlyle deal, USD 900-million Edelwiess-Engie deal, and TVS’ buyout of British bike company Norton Motorcycles.
Trade between the two countries will grow to USD 15 billion by 2022.
India has moved from 130 rank in 2016 to 63 rank in 2019 in ‘Ease of Doing Business Ranking’ and has attracted Foreign Direct Investment of US$286.3 billion between 2014-18.
The Passage to Prosperity Trade Show, funded by USAID, is a recent indicator of our surging trade growth. 2018 saw the signing of over $27 million in contracts for agricultural products and over $214 million worth of Memorandums of Understanding between Afghan vendors and Indian buyers.
Kazakhstan is India’s largest trade and investment partner in Central Asia.
India plans to make use of the expo to pitch for IT, pharmaceuticals- and agricultural export products.
Delegations from more than 20 countries, including from India, are expected to particpate.
Thirty eight countries are participating in the international fair, including Russia, China, Iran, the UAE, Indonesia, the Chamber of Commerce of the Sultunate of Oman, and others.
Photo: Xinhua
Egypt’s exports to India recorded a notable increase of 10 percent during the first four months of 2019, compared with the same period in the previous year.
The Sri Lanka Investment and Business Conclave will be held in Colombo from 16th to 17th September 2019, and Indian industry members are invited for their participation at the event in Colombo, to explore new business and investment opportunities.