latest Market News

The export of organic produce from India is seen an remarkable 20 percent rise this fiscal year, thanks to a new attitude towards health foods on a global scale. The increased demand for foods free of chemicals and pesticides has even encouraged the government’s plans to prioritize sustainable farming activities. According to figures released by the Agricultural and Processed Food Products Export Development Authority, organic products...

  • Posted on : Tuesday , 12th June 2018
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 Years ago, India set what seemed like a lofty target of 175 gigawatts of wind and solar energy by March 2022. Few believed that was a practical target, but then India plowed forward and happily impressed the world. This week that goal was increased to 227 Gigawatt!   Currently, India has added a little more than 70 gigawatts of that goal. Assessing the progress to date on a linear scale, the trend would seem to indicate the country...

  • Posted on : Tuesday , 12th June 2018
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 The National Development and Reform Commission, Ministry of Finance, and National Energy Administration issued a surprise joint statement (in Chinese) that sent shudders through the Chinese solar industry.   The government had decided that “in order to promote the sustainable development of the solar industry,” no new solar energy projects for the rest of 2018 would receive subsidies. Additionally, the incentive for...

  • Posted on : Friday , 8th June 2018
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Pharmaceutical giants Cipla have announced a partnership with Eli Lilly for the marketing and distribution of Basaglar, their new insulin glargine injection in India. Eli Lilliy and Company (India) Pvt. Ltd.is a subsidiary of the its namesake firm in the United States. The deal was announced jointly by both companies. Financial details of the same were not disclosed. The drug will be available for sale in India by the end of this year. Umang...

  • Posted on : Friday , 8th June 2018
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Reports have surfaced indicating that a new comprehensive package has been prepared by a group of Japanese companies to promote the export of medical infrastructure to India in the coming year. This package has seen both the private and the public sectors collaborate to come up with a package that will be beneficial for both Japan and India. A handful of India’s top companies are also reportedly involved in this process. A number of...

  • Posted on : Thursday , 7th June 2018
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