India’s overall exports, Merchandise and Services combined, in April-August 2018-19 are estimated to be $222 billion, 20.70 percent higher than the same period last year. Overall imports in April-August 2018-19 are estimated to be $270 billion, exhibiting growth of 21 percent. In August 2018, major commodity groups of export...
India Wants to Export Weapons
India’s Defense Research and Development Organization has identified 15 weapon systems that may have an export market, the country’s top military scientist Avinash Chander said. The military hardware shortlisted for export includes Astra beyond-visual-range air-to-air missiles, Prahar surface-to-surface missiles, Akash missiles, Light combat aircraft, Tejas, supersonic cruise missile Brahmos, Sonars,...
Gov. Hayley’s India Trip to Attract Jobs to U.S.A.
The newly re-elected Republican governor of South Carolina, Ms. Nikki Hayley arrives in India on November 13 on a 10-day mission involving the state's commerce and tourism agencies. Gov. Hayley will be traveling to the Indian cities of Amritsar, Chandigarh, Chennai, Mumbai, and New Delhi hoping to persuade companies to...
Logistics in India costs less than in China
According to Economist article, logistics in India costs less than in China. Here are two examples that shows China as a mighty trading power, first is Yangshan which is in outskirts of Shanghai, is the world's busiest container port and second is Pudong airport which is world's third-biggest handler of air...
India in Obama's State of the Union twice: my amplifications
Last night U.S. President Barack Obama mentioned India twice in his annual State of the Union speech. While both allusions were appropriate, they missed the point a bit. First he said, "Meanwhile, nations like China and India realized that with some changes of their own, they could compete in this...
India and China, Time Magazine's view
In 2009 "India maintained robust growth (6.7%) without Beijing's hefty stimulus of $585 billion in part because it is less exposed to the international economy. China's exports represented 35% of GDP compared with only 24% for India in 2008. Thus India was afforded more protection from the worst effects of...