Search Result for : Infrastructure Connectivity

Indias logistics sector still poor: ASSOCHAM

Sharath Chowdary Industry body Associated Chambers of Commerce and Industry of India (ASSOCHAM) is worried about the growth of India’s logistics market as this sector drives the growth of several other sectors including manufacturing, FMCG, retail and e-commerce sectors. The country’s logistics sector is still in a poor condition and because of this, the exporters from the country are not competitive when compared to other countries, D S Rawat, Secretary General of ASSOCHAM told The Dollar Business Bureau. Robust logistics infrastructure, that include better road, rail, air and waterways, is very important for faster development of the country to support the government’s initiatives such as Make in India. Quality logistics infrastructure would help in attracting foreign investors to invest heavily in the country,” ...

India along with US to encourage free trade for regional economic integration

 The Dollar Business Bureau   “As leaders of the world’s two largest democracies that bridge the Asia-Pacific and Indian Ocean region the partnership between the United States and India is indispensable to promoting peace, prosperity and stability in those regions and we have agreed on a Joint Strategic Vision for the region,” said a release from the PMO. “India and the United States are important drivers of regional and global growth,” the release said, and added, “From Africa to East Asia, we will build on our partnership to support sustainable, inclusive development, and increased regional connectivity by collaborating with other interested partners to address poverty and support broad-based prosperity.” The release also said that in order to achieve this ...