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London: Italy has lost its position as the world's premier gold jewellery exporter, overtaken by India and the United States, and risks slipping further due to its high cost base and tariff barriers.   For years Italy was the world's biggest manufacturer and exporter of mass-produced and crafted gold jewellery. Bulgari, Damiani and Roberto Coin are Italian luxury brands celebrated worldwide for their opulent use of gold and precious...

  • Posted on : Tuesday , 6th November 2012
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New Delhi: India has overtaken China in exports growth rate recording an increase of 16.1 per cent in 2011, topping the list of all major trading countries in the world, says a WTO report.   "India had the fastest export growth among major traders in 2011, with shipments rising 16.1 per cent. Meanwhile, China had the second-fastest export growth of any major economy at 9.3 per cent," World Trade Report 2012 of WTO...

  • Posted on : Tuesday , 6th November 2012
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State Bank of India (SBI) has opened its seventh branch in South Africa in the Laudium area near Pretoria, as it seeks to expand services to locals and expatriates.   At the inauguration of the new branch, Indian High Commissioner Virendra Gupta said South Africa is seen as a launch pad for investments in Africa and most of the big business houses of India have set up business here.   “The increasing trade between South...

  • Posted on : Saturday , 19th July 2014
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Honda Cars India today said it is targetting the Southern African market to push exports and plans to ship 1,600 units of the hatchback Brio by the end of this fiscal.   The company shipped the first lot of 390 units of Brio from here today to South Africa. This is the first model from the company's stable to be exported to that country.   "We are first shipping the Brio to South Africa. We are also looking countries in SADC...

  • Posted on : Saturday , 19th July 2014
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MUMBAI: Godrej group chairman Adi Godrej has said the diversified conglomerate has begun its third and final phase of expansion in Africa, covering most key markets in the continent where it is "heavily invested". The group is growing at 25-30% in Africa, Godrej said on Thursday. "In addition, we are growing through acquisitions. If you add acquisitions, we are growing much faster," said the chairman of the $3.3-billion...

  • Posted on : Saturday , 19th July 2014
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