10. Indian investments in Brazil were around $6 billion and Brazilian investments in India are estimated at $1 billion in 2018. Brazilian investments are mainly in automobiles, IT, mining, energy and biofuels. India has invested in Brazil’s IT, pharmaceutical, energy, agri-business, mining and engineering sectors. … [Read more...] about From trade ties to multifaceted relationship: On agenda during Brazil president’s India visit
Export rice from india to usa
New Delhi is also unhappy with Malaysia’s refusal to revoke permanent resident status for controversial Indian Islamic preacher Zakir Naik, who has lived in Malaysia for about three years and faces charges of money laundering and hate speech in India. … [Read more...] about ‘We’re too small to take action’: Malaysian PM Mahathir after India’s palm oil boycott
NEW DELHI: The government could unveil a Rs 36,000-crore fund to provide production-linked incentives (PLI) to smartphone makers to wean high-end electronic manufacturing away from China and Vietnam to India in the upcoming budget, three top government officials said. “MeitY (Ministry of Electronics and Information Technology) is working on a productionlinked incentive and there will be certain rigid criteria to avail this incentive. We only want those companies which are going to make India an electronics manufacturing and export hub to be able to use this incentive,” one of the officials told ET. The official added that while this was primarily to attract global supply chain companies such as Apple and Samsung to make India their manufacturing and export base, some other incentives - credit guarantee schemes and interest subvention schemes – were designed to help local phone makers such as Lava become dominant global players in the entry segment, were also being … [Read more...] about Govt may unveil Rs 36 K-cr plan to get more phones made in India
India, the world’s largest buyer of edible oils, last week restricted imports of refined palm oil and effectively halted all palm oil purchases from Malaysia in retaliation for criticism by the Malaysian prime minister of India’s policy towards Kashmir. … [Read more...] about India’s import curbs deal big blow to Malaysian palm oil
Last week, India's Union Commerce Ministry issued a notification to move the import of palm oil from the "free" to "restricted" category. Analysts dub it a clever move as it avoids allegations of a "formal ban" on the Malaysian palm oil. At the same time, it gives out a message to Mahathir that the Indian government is not happy with the criticism over Kashmir and the Citizenship Amendment Act (CAA). … [Read more...] about Can India and Malaysia afford a prolonged trade spat?