Search Result for : Industrial Park

India should reduce red tapism for Sino industrial park

 The Dollar Business Bureau An official media report said that India has to lessen all the unnecessary red tapes and ease visa restrictions if it needs Chinese industrial parks in the country. An article on the website of the Global Times said, "The slow process of building parks exclusively for Chinese investors, which is partly attributed to the lengthy and tedious procedures that Chinese passport holders are required to endure to apply for Indian visas, might aggravate the imbalance in bilateral trade.” The initiative for setting up the industrial park was the brainchild of former Prime Minister Manmohan Singh during his visit to China in October 2013 with a view to reducing the trade deficit. However, both the nations have taken up the ...

Persisting challenges hurt warehousing sector

Deepak Kumar Though India’s warehousing industry has undergone a paradigm shift in the last 15 to 20 years, more so with the introduction of e-commerce players in the Indian warehousing industry, there are persisting challenges that the government and the industry can overcome by addressing it together, remarked several industry analysts on Wednesday. Addressing The India Warehousing Show 2016 in New Delhi on Wednesday, several analysts said the growth of late has been substantial, and the current level of logistical developments when compared to previous years, is evident across the country. The government has also initiated plenty of projects to further develop the country’s infrastructure, which are not upto the mark. Obstacles, such as non-implementation of Goods and Service Tax (GST), the government’s ...

India needs a unique approach to capture market, President

  Aamir H Kaki The Federation of Indian Export Organisation’s (FIEO) golden jubilee celebrations were held at Vigyan Bhavan on Wednesday, with the President as its Chief Guest. Speaking on the occasion the President gave his opinion on various export related issues that India could achieve in the coming years. He touched upon domestic and international export policy trends, market strategies, quality control standards, port-led development, the Indian economy and its positive growth rate in the world. It was invigorating as well as enlightening to hear the President extolling several sectors and the steps needed to reform those that were yet to meet their mark. Innovation is the key to success. Stressing on the same the President said that our needs to be ...

Chinese industrial park to come up in Telangana

A 25-member delegation from Chinas Hunan province met business leaders of Telangana and representatives from the state government The Dollar Business Bureau The Telangana government is ready to sign an agreement with Chinas Hunan province to establish sister-state relationship   As part of efforts to bring foreign investments in the state, the Telangana government has decided to allocate 500 acres of land for the setting up of an industrial park meant for small enterprises from China. Arvind Kumar, Secretary, Department of Industries and Commerce, Telangana, said that the state government will allocate the land to develop an industrial park with all the facilities. We are keen to have large group of Chinese SMEs to come and operate at the Industrial Park, he said while addressing ...

Policy for Private Investment in Rail Infrastructure through Domestic and Foreign Direct Investment

Dated 27th August, 2014 | PRESS NOTE NO.8 (2014 Series) | Policy for Private Investment in Rail Infrastructure through Domestic and Foreign Direct Investment 1.0  As per extant Foreign Direct Investment (FDI) policy, contained in ‘Consolidated FDI Policy Circular of 2014’, issued on 17.04.2014, FDI is prohibited in Railway Transport (other than Mass Rapid Transport Systems). 2.0  The Government of India, vide Notification No. S.O. 2113(E), dated 22 August 2014, has reviewed its policy for private investment in rail infrastructure and amended the list of industries reserved for public sector under item No.8 of Schedule I of the Notification No.S.O.477(E) dated 25 July 1991. Accordingly it has been decided to permit FDI in the following activities of the Railway Transport ...