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After Finance Ministry in India hiked FDI under automatic route to 74% in defence production, the province of UP, situated in Northern India offers a favourable business environment. The state has formed a 6 node defence corridor that offers a host of incentives to manufacturers. Already numerous in
As per NITI AYOG, the policy think tank of the Government of India (GOI), USD 22 billion of FDI capital has been poured in India during the lockdown period. Simplified FDI policies, thrust to infrastructure development, & overall progress in the business environment are helping India emerge as a
Despite the COVID triggered crisis, there are green shoots visible in the Indian economy. Trade, commerce and business activities are reviving. These market ascents have plenty of momentum to take off and enable the country to consolidate its position as a growth engine of the global economy in the
As India is consolidating its position on the global manufacturing industry, Indian Iron Ore Industry has witnessed a major jump in export. After the COVID crisis, when steel productions around the world are resuming operations, there has been a sharp rise in demand for Iron Ore. India with a large
In June, India recorded a rare trade surplus, as aggregate exports inched up by USD 0.79 billion against total imports. The country has a revival in non-petroleum exports underpinned by growth in iron ore, cereals, chemicals, & pharmacy products exports. In a time of slowdown in the economic gro
In search of low risk and moderate returns, foreign institutional funds are betting big on Indian roadway infrastructure. Pension funds, sovereign funds, & insurance funds look for long term yield rather than short-term capital gains, and hence Indian road infrastructure offers a good alternativ
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