India's seafood exporters expect that exports will grow over 20 percent in FY18 after sales figures touched an all-time high of $5.78 billion in FY17 when USA imported 1,88,617 tons of Indian seafood -- a growth of 22.72 percent in quantity from the previous year. "With exports to U.S. setting...
India's Shrimp Industry Shows Steady Growth
India’s export of shrimp was 382,959 tons in Calendar Year 2015, up 9.8 percent from the previous year India’s cultured shrimp production in the year ending March 2015 was about 426,500 tons, up 30 percent from the previous year (Figure 1). From 2005 to 2015, shrimp production has grown at...
India to Acquire 6 Additional C-130J Aircraft in 2017
Lockheed Martin will deliver the next batch of C-130J transport military aircraft to the Indian Air Force in 2017, Abhay Paranjape, Business Development Director of C-130 said at a press conference on the side lines of DefExpo 2016, the ninth in the series of biennial Land, Naval and Internal Homeland...
Thailand's Five Star Chicken to Invest $500 Million in India
Charoen Pokphand, a Thailand-based group that owns the Five Star Chicken quick-service chain of restaurants, will invest $500 million in its India division in an effort to double its annual revenue reports GlobalMeatNews. Sanjeev Pant the vice president of India operations explained that 30% of the 500 million will be...
India’s largest Dairy Product Maker Aims to Increase Revenue by 21% in 2015
The Gujarat Cooperative Milk Marketing Federation, which markets milk and dairy products under the Amul brand, said its revenue was likely to increase by 21 percent this fiscal year at about $3.5 billion due to higher growth in unit sales at current prices The company is expanding its operations to...
Lockheed Martin to supply six additional C130J Hercules transport aircraft to India
After accepting the first six American transport aircraft from Lockheed Martin, the Indian Air Force's request for the next six, worth another $1 billion. has now been confirmed. The Indian Air Force has decided to deploy the additional six aircraft at its base in Panagarh in West Bengal to take...