India’s trade surplus with 151 nations is a testament to its competitive advantage in various industries. Indian goods and services are increasingly preferred globally due to their quality, cost-effectiveness, and reliability.
Astro Offshore, headquartered in Singapore, has established itself as a key player in the OSV industry, providing essential services to the offshore oil and gas sectors worldwide.
The agenda for the meeting includes discussions on boosting manufacturing, improving the ease of doing business, and attracting both domestic and foreign investments.
The port’s success in August also reflects broader trends in the global shipping industry, with increased demand for maritime transport as global trade continues to recover.
Under the terms of the agreement, DNV will provide its expertise in sustainability assessment, risk management, and certification services to support Mumbai Port’s efforts to achieve its environmental goals.
The partnership is designed to optimize Amazon’s logistics operations by utilizing the extensive reach of Indian Railways, which connects nearly every corner of the country. Through this agreement, Amazon aims to reduce delivery times, particularly in tier 2 and tier 3 cities, where logistics can often be a challenge due to limited infrastructure.
For Kenya, agricultural exports and technology collaboration were key areas of focus, while discussions with Tanzania centred around opportunities in mining, tourism, and renewable energy.
The development of Chennai as a logistics hub is underpinned by several factors, including its proximity to major ports, extensive road and rail networks, and a thriving manufacturing sector.
A senior official from the Commerce Ministry emphasized the strategic importance of industrial parks in boosting economic activity.
The acceleration of these rail projects comes as India continues to grapple with energy security challenges, largely driven by increasing industrial demand and fluctuating global energy markets.
Showing 120 of 354 articles