Suriname to set up furniture corridor in Hyderabad
The Dollar Business Bureau South American nation, the Republic of Suriname, will establish an exclusive corridor for furniture design in the city of Hyderabad for exporting furniture to Latin American (LatAm) nations. This is the second such furniture corridor in India to be established on the lines of the first one in Kolar (Karnataka). The corridor will start and be functional in the next 6 months. This was revealed to the media on Friday by Asif lqbal, Honorary Consul of Republic of Suriname (for AP, TS and Karnataka). “The Republic of Suriname is working along with the government run design school, National Institute of Design (NID), for partnership,” he added. He was speaking to the newspersons on the sidelines of the opening ceremony of ...
Industrial production up 3.6% in Sept; inflation at 4-month high
The Dollar Business Bureau India’s industrial production witnessed a 3.6% higher growth rate in September this year as compared to the corresponding month of last year, according to the latest government data. The General Index of industrial output for September stood at 178.0, while the average growth for April-September period amounted to 178.6 – a growth of 4% over the same period in 2014-15. “The indices of industrial production for the mining, manufacturing and electricity sectors for the month of September 2015 stand at 118.8, 186.7 and 195.7 respectively, with the corresponding growth rates of 3.0%, 2.6% and 11.4% as compared to September 2014,” said Ministry of Statistics & Programme Implementation in its release. The average year-on-year growth rate of these ...
