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 US President Donald Trump said he is keen to work with Prime Minister Narendra Modi on creating a “fair and reciprocal” trading relationship between the two nations and called for the removal of “barriers” for the export of US goods into Indian markets.   “I look forward to working with you to create jobs in our countries, to grow our economies and to create a trading relationship that is fair and...

  • Posted on : Wednesday , 28th June 2017
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  American exports to India support more than 260,000 jobs directly and indirectly in the US and the cumulative investment from the country into India reached $28.3 billion in 2015, a new report said on Monday.   India's foreign direct investment (FDI) in the US totalled $9.2 billion as of 2015, up more than 500 per cent since 2006, said the report 'India Matters for America/America Matters for India', which was released by...

  • Posted on : Wednesday , 28th June 2017
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 In promoting trade with India, President Donald Trump suggested Monday that the U.S. is on the verge of signing long-term agreements to send natural gas to the Asian country.   There’s just one thing: India already has long-term agreements for U.S. gas. And it’s received at least seven cargoes of it since the U.S. started liquefying its shale gas and sending it overseas last year, according to ship-tracking data compiled...

  • Posted on : Wednesday , 28th June 2017
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 MAN's truck range for India ranges from 16 to 49 tonnes with up to 82 percent localisation for various applications in the construction and haulage segments. Headquartered at Pune, MAN Trucks India has its production facility at Pithampur, Madhya Pradesh from where it has produced over 25,000 vehicles for domestic and international markets. At present, it has dealership network in over 60 locations. With the company exporting 40 percent...

  • Posted on : Wednesday , 28th June 2017
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 The government today relaxed norms for export of bamboo products to promote the shipments.   There is a negligible exports of bamboo from India.   "Export of muli bamboo till March 31, 2019 and bamboo products (except bamboo charcoal, bamboo pulp and unprocessed bamboo shoots) mace from bamboo obtained from legal sources has been permitted," the directorate general of foreign trade said in a...

  • Posted on : Wednesday , 28th June 2017
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