India Positive - January 18, 2019
- January 18, 2019
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India's largest start-up ecosystem was inaugurated by Mr Pinarayi Vijayan, Chief Minister of Kerala, on January 13, 2019 as a part of the Kerala Startup Mission (KSUM).
The Government of India is formulating a new industrial policy to link India with the global supply chain for mutual benefits, according to Mr Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation, Government of India.
Womaniya on GeM, a new initiative to enable women entrepreneurs and self-help groups to sell their products on the Government eMarketplace (GeM), has been launched by the Ministry of Commerce and Industry.
Introduction of new e-commerce rules can potentially boost the revenues of offline retailers in India by Rs 10,000-12,000 crore (US$ 1.41-1.69 billion) in FY20, according to ratings agency CRISIL.
Private equity and venture capital (PE/VC) investments in India grew 35 per cent in 2018 to reach US$ 35.1 billion, according to a report by EY.
India's annual air passenger traffic is projected to rise six times to 1.1 billion by 2040, according to a report by KPMG and Federation of Indian Chambers of Commerce & Industry (FICCI).
India's first greenfield industrial city at Dholera is ready to be inaugurated with basic infrastructure facilities for the first phase of development scheduled to be completed by September 2019, according to Mr Jai Prakash Shivhare, Chief Executive Officer, Dholera Special Investment Region Development Authority (DSIRDA).
A working group constituted by the Ministry of Commerce & Industry, Government of India has come up with a roadmap suggesting various long and short-term measures to achieve a US$ 5 trillion economy by 2025.
The Government of India has approved a Rs 6,000 crore (US$ 842.88 million) recapitalisation of Export-Import Bank of India (EXIM Bank), the principal credit export agency of India, through the issue of recapitalisation bonds.
Merger and acquisition (M&A) activity in India nearly doubled in value terms to Rs 7.1 trillion (US$ 100.1 billion) across 417 deals in 2018, the highest deal value since 2013, according to Mergermarket Trend Summary.
India's largest startup ecosystem inaugurated in Kerala
India's largest start-up ecosystem was inaugurated by Mr Pinarayi Vijayan, Chief Minister of Kerala, on January 13, 2019 as a part of the Kerala Startup Mission (KSUM).
New industrial policy to focus on global supply-chain
The Government of India is formulating a new industrial policy to link India with the global supply chain for mutual benefits, according to Mr Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation, Government of India.
Commerce Min launches initiative to enable women entrepreneurs to sell items on GeM
Womaniya on GeM, a new initiative to enable women entrepreneurs and self-help groups to sell their products on the Government eMarketplace (GeM), has been launched by the Ministry of Commerce and Industry.
New e-comm rules may help boost topline for offline retailers by Rs 10,000-12,000 cr: CRISIL
Introduction of new e-commerce rules can potentially boost the revenues of offline retailers in India by Rs 10,000-12,000 crore (US$ 1.41-1.69 billion) in FY20, according to ratings agency CRISIL.
PE/VC deals up 35% in 2018 to $35 bn on buyout, start-up investment pickup
Private equity and venture capital (PE/VC) investments in India grew 35 per cent in 2018 to reach US$ 35.1 billion, according to a report by EY.
Air passenger traffic to grow sixfold by 2040: Report
India's annual air passenger traffic is projected to rise six times to 1.1 billion by 2040, according to a report by KPMG and Federation of Indian Chambers of Commerce & Industry (FICCI).
India's first greenfield ind city Dholera ready to take off'
India's first greenfield industrial city at Dholera is ready to be inaugurated with basic infrastructure facilities for the first phase of development scheduled to be completed by September 2019, according to Mr Jai Prakash Shivhare, Chief Executive Officer, Dholera Special Investment Region Development Authority (DSIRDA).
Working group suggests measures to achieve $5 tn economy by 2025
A working group constituted by the Ministry of Commerce & Industry, Government of India has come up with a roadmap suggesting various long and short-term measures to achieve a US$ 5 trillion economy by 2025.
Cabinet approves recapitalisation of Export-Import Bank of India
The Government of India has approved a Rs 6,000 crore (US$ 842.88 million) recapitalisation of Export-Import Bank of India (EXIM Bank), the principal credit export agency of India, through the issue of recapitalisation bonds.
M&As nearly doubled to $100 billion in 2018; highest in value after 2013
Merger and acquisition (M&A) activity in India nearly doubled in value terms to Rs 7.1 trillion (US$ 100.1 billion) across 417 deals in 2018, the highest deal value since 2013, according to Mergermarket Trend Summary.
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