On September 3, Nirmala Sitharaman, who served as Minister for Commerce and Industry, was chosen for the biggest promotion in Prime Minister Narendra Modi's cabinet reshuffle on the weekend, and was given independent charge of the Defense Ministry. Former Prime Minister Indira Gandhi was the first woman to hold this...
American Exports to India Support 260,000 U.S. Jobs
According to the publication India Matters for America/America Matters for India created by The East West Center in Washington and the Federation of Indian Chambers of Commerce and Industry (FICCI),"Every U.S. state exports to India; these exports support more than 260,000 jobs directly and indirectly." The launch of the publication...
'Make in India' Attracts Business from Italy
On a three-day business mission to New Delhi, India in April, a delegation led by Italy's deputy minister for economic development, Ivan Scalfarotto, aimed to strengthen bilateral ties and make the most of the plentiful business opportunities that India has on offer. The platform, promoted by the Italian Ministries of Economic...
India's Media & Entertainment Sector to Grow at 13.9%
According to the FICCI-KPMG media and entertainment industry report 2017, released on the inaugural day of the three-day annual media conclave FICCI FRAMES, this sector in India is projected to grow at a pace of 13.9% CAGR during 2016–21, with advertising revenue expected to increase at a CAGR of 15.3%....
Google India Encourages Small Businesses to Go Online
A joint study by Google and KPMG titled Impact of internet and digitization on Small and Medium Businesses in India pointed out that 32% of digital businesses cater to customers outside their city, and employ five times as many people as do businesses that are offline; and profits of digitally...
Uflex Engineers "Seal of Authenticity" for Nestle India
Flexible packaging company Uflex Ltd., located in Noida, India, has created a 3-D seal for Nescafe instant coffee manufactured by Nestle India. The ‘Seal of Authenticity’ is an engineered tamper-proof brand protection / anti-counterfeiting solution that does not disturb the retail price coordinates. The seal, among several other features, comprises an...