Hyundai to export cars made in India
Oct 2 2003,
Hyundai Motor, South Korea's biggest automaker, will export Atos Prime hatchback cars made in India to North America for the first time, said B.V.R. Subbu, president of the Indian unit.
DaimlerChrysler's Chrysler unit will sell the Indian-made Atos in Mexico as a Dodge, beginning next year, replacing a model made in South Korea, a U.S. spokesman said.
:ind
[url="http://www.hinduonnet.com/thehindu/holnus/03081801.htm"]http://www.hinduonnet.com/thehindu/holnus/03081801.htm[/url]
Mahathir says India should export HIV/AIDS medicines
Bali, Oct. 8. (UNI): India should be allowed to export its HIV/AIDS medicines if they meet international standards, Malaysian Prime Minister Mahathir bin Mohamed said today.
Speaking at the India-ASEAN Summit here, he lauded the achievements made by India in the health and medicine sector.
India has been producing world class pharmaceuticals and it should be permitted to export HIV/AIDS medicines if they meet international standards, the Malaysian Prime Minister added
Export of Made-in-India vehicles soared by 55.8% during the last nine months of last year as cars, commercial vehicles and two-wheelers continued to charm overseas buyers.
<!--QuoteBegin-Viren+Jan 17 2004, 04:03 AM-->QUOTE(Viren @ Jan 17 2004, 04:03 AM)<!--QuoteEBegin--> Export of Made-in-India vehicles soared <!--QuoteEnd--><!--QuoteEEnd-->
<b>Viren :</b>
Pal you have given a Link to Air India <!--emo&:lol:--><img src='style_emoticons/<#EMO_DIR#>/laugh.gif' border='0' style='vertical-align:middle' alt='laugh.gif' /><!--endemo-->
Cheers
<!--QuoteBegin-Peregrine+Jan 16 2004, 07:04 PM-->QUOTE(Peregrine @ Jan 16 2004, 07:04 PM)<!--QuoteEBegin--> Pal you have given a Link to Air India <!--emo&:lol:--><img src='style_emoticons/<#EMO_DIR#>/laugh.gif' border='0' style='vertical-align:middle' alt='laugh.gif' /><!--endemo-->
Cheers <!--QuoteEnd--><!--QuoteEEnd-->
Oops.......sorry. Have corrected it.
Was looking at the Air India site to check up on something based on Gill's thread - may have had that link on the clipboard <!--emo&:blink:--><img src='style_emoticons/<#EMO_DIR#>/blink.gif' border='0' style='vertical-align:middle' alt='blink.gif' /><!--endemo-->
<b>Govt asks handicraft exporters to focus on branding</b>
Press Trust of India
New Delhi, February 28
Pointing towards the growth potential of handicraft exports, Government on Saturday asked exporters to focus on branding and marketing of their products to garner a larger share in the global market.
Inaugurating the Indian International Handicraft and Gifts Fair, Commerce and Industry Minister Arun Jaitley said: <b>"handicrafts was an area where the country had already made its mark internationally" and stressed on the need for branding and marketing of products to further enhance market share</b>.
Handicrafts sector was a growth area which had a role in the economy and provided employment to millions, Jaitley said.
Pointing towards the growing need for new designs, he emphasised on the use of new technology for upgrading skills available in the sector.
Asked about the impact of dismantling of quotas on domestic textiles industry, Jaitley said the country was all set to emerge as an alternative source for sourcing apparel.
Buyers were constrained from buying from the country due to the presence of quotas and with their removal textiles exports should see a quantum jump, he said.
Textiles Minister Syed Shahnawaz Hussain who was present on the occasion later inaugurated the International Carpet Expo held simultaneously with the handicraft fair.
<!--QuoteBegin-Viren+Jan 16 2004, 11:36 PM-->QUOTE(Viren @ Jan 16 2004, 11:36 PM)<!--QuoteEBegin--> <!--QuoteBegin-Peregrine+Jan 16 2004, 07:04 PM--><div class='quotetop'>QUOTE(Peregrine @ Jan 16 2004, 07:04 PM)<!--QuoteEBegin--> Pal you have given a Link to Air India <!--emo&:lol:--><img src='style_emoticons/<#EMO_DIR#>/laugh.gif' border='0' style='vertical-align:middle' alt='laugh.gif' /><!--endemo-->
Cheers <!--QuoteEnd--><!--QuoteEEnd-->
Oops.......sorry. Have corrected it.
<b>Was looking at the Air India site to check up on something based on Gill's thread - may have had that link on the clipboard <!--emo&:blink:--><img src='style_emoticons/<#EMO_DIR#>/blink.gif' border='0' style='vertical-align:middle' alt='blink.gif' /><!--endemo--></b> <!--QuoteEnd--></div><!--QuoteEEnd-->
No Dude...........I think you did a <Ctrl>+V instead of a <Ctrl>+C on the TOI link.
Anyway........U have to go back just 44 days to check that!! <!--emo&  --><img src='style_emoticons/<#EMO_DIR#>/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /><!--endemo--> <!--emo&:lol:--><img src='style_emoticons/<#EMO_DIR#>/laugh.gif' border='0' style='vertical-align:middle' alt='laugh.gif' /><!--endemo--> <!--emo&  --><img src='style_emoticons/<#EMO_DIR#>/tongue.gif' border='0' style='vertical-align:middle' alt='tongue.gif' /><!--endemo-->
<b>Exports up over 19 per cent in April </b>
New Delhi, May 25: India's exports in 2004-05 started on a positive note reporting a rise of 19.95 per cent in April at 5,010.20 million dollars as against 4,176.92 million dollars during April last year.
In rupee terms, the exports were up by 11.23 per cent to Rs 22,010.37 crore in April, 2004, according to official trade data released here.
The country's imports during the first month of the financial year witnessed an increase of 20.78 per cent at 6,747.49 million dollars as against 5,586.52 million dollars in April 2003.
In rupee terms, the imports increased by 12 per cent.
The trade deficit for April is estimated at 1,737.29 million dollars, which is higher than the deficit of 1,409.60 million dollars during April 2003, it said. (Agencies)
<b>No grain exports at the cost of food security: Pawar</b> <!--emo&:thumbdown--><img src='style_emoticons/<#EMO_DIR#>/thumbsdownsmileyanim.gif' border='0' style='vertical-align:middle' alt='thumbsdownsmileyanim.gif' /><!--endemo-->
The Bush administration proposed imposing tariffs on shrimp imports from four of the largest shrimp-producing nations in Asia and South America.
The U.S. Department of Commerce said Thursday that exporters from Brazil, Ecuador, <span style='color:red'>India </span>and Thailand have dumped canned and frozen warm water shrimp on the U.S. market at artificially low prices, hurting domestic producers.
The proposed duties were considerably smaller than what the petitioners â Southern shrimpers and processors â had sought. They varied from country to country based on each country's sales and production prices.
Brazilian exporters faced the stiffest duties, ranging up to 68 percent. The government proposed duties of between 4 percent and 27 percent for Indian exporters; between 6 percent and 10 percent for Thai exporters and between 6 percent and 9 percent for Ecuadorian businesses.
Petitioners had sought duties ranging up to 349 percent for Brazil and between 57 percent and 166 percent for the other three countries.
Opponents of tariffs say duties could drive shrimp prices up and do little to uplift a domestic industry unable to supply the country's demand for shrimp.
Although the ruling was preliminary, it will likely stand. The Commerce Department (news - web sites) will make a final decision by the end of the year and the U.S. International Trade Commission will decide in February if imports have damaged the domestic industry, a finding it has already issued in a preliminary ruling.
The ruling, released in Washington as a result of petitions by shrimpers in Louisiana and other coastal states, came three weeks after the U.S. Department of Commerce proposed tariffs on China and Vietnam. In all, the six countries provide about 75 percent of the shrimp Americans eat.
Southern shrimpers and processors filed the antidumping petition in December, alleging that their industry was on the brink of destruction because of a flood of cheap shrimp.
The Southern Shrimp Alliance, an eight-state group that paid for the trade action, has said dumping cut the value of the U.S. harvest by more than half between 2000 and 2002, from $1.25 billion to $560 million.
Exporters and importers deny the charges and accuse the Bush administration of protectionism. They argue that booming U.S. demand for shrimp and a flowering shrimp farming industry are behind the rise in imports â not dumping.
But Southern shrimpers say the problem started in 2001 when Europe and Japan began blocking imports of farm-raised shrimp because of concerns of unhealthy levels of antibiotics. Also, shrimpers charge that shrimp farming has exploded only because of subsidies by the World Bank (news - web sites) and national governments.
<b>Wal-Martâs India buys likely at $2 bn </b>
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Industry analysts said that though large buyers are looking at India as a second base after China due to various political and macro-economic risks (like highly under-valued Chinese currency), yet the governmentâs bias towards small-scale industries hardly makes the country attractive to big buyers like Wal-Mart.
âWe will have to wait and see if India really emerges as a major sourcing point for large buyers like Wal-Mart whose requirement is so huge that it can hardly be met by Indiaâs suppliers, most of whom are organised along small scale operations,â said a market observer, and added, âPost-quota, there will be enormous downward pressure on the pricing as suppliers from all over the world will compete to attract big buyers.â
Meanwhile, Wal-Mart has intensified the recruitment of merchandisers and quality assurance auditors with experience in categories like pharmaceuticals, foods, apparel, home furnishings, textiles, hard goods metals, jewellery, leather shoes and jackets.
<!--QuoteEnd--><!--QuoteEEnd-->
REDIFF:
<b>Tata coffee beans for Starbucks </b>
October 18, 2004 18:31 IST
Tata Coffee Ltd said on Monday it would supply premium coffee beans to Starbucks, the American coffee retail chain.
This is the first time Starbucks, the world's largest and leading coffee chain with over 8,500 retail outlets around the world, has decided to source coffee beans from India, Tata Coffee managing director Hamid Ashraff told reporters in Bangalore.
He said, Tata Coffee, the largest integrated coffee company in Asia, is the only producer company to be chosen by Starbucks.
Starbucks would buy coffee beans at a 40 per cent price premium from Tata Coffee, it said.
India's imports from the US stood at $5 billion in 2003, while the exports to the US were valued at over $13 billion, it added.
<b>India's Software Outsourcing to Draw $17B </b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->In the year to March 2004, India's software exports stood at $12.8 billion and the industry employed 770,000 people, Karnik said. <!--QuoteEnd--><!--QuoteEEnd-->
<b>Forget IITs, now KV up for export</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->NEW DELHI: It is not just elite business schools and IITs which are flooded with requests for offshore campuses. The humble Kendriya Vidyalaya has also found more takers abroad.
The KV - which has already gone international with schools in Tehran, Moscow and Kathmandu - has now got a request from the Mauritian government for an Indian-style school.<!--QuoteEnd--><!--QuoteEEnd--> <!--emo&:clapping--><img src='style_emoticons/<#EMO_DIR#>/clap.gif' border='0' style='vertical-align:middle' alt='clap.gif' /><!--endemo-->
<b>India exports hit record levels </b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->India's exports reached record levels in the last fiscal year as its economy continued to boom.
Figures showed exports rose 24% to $80bn (£42.7bn) in the year to March - but soaring oil imports meant India still ran up a trade deficit of $25bn.
The country imports more than 70% of its oil needs and while demand has increased, so has the price of crude.
Economists say a global downturn would have an impact on exports this year, with a 15% rise being forecast.
Still, the Indian government raised its exports target to £92bn from £88bn.
The government's data showed imports rose 34% to $105bn last year - with oil making up $29bn of that figure. <!--QuoteEnd--><!--QuoteEEnd-->
India may slap penal duties on US products
increasing number of Indian items which face anti-dumping duties in the US, sources said. Steel bars, PET films, shrimps, steel wire rope, preserved mushrooms, elastic rubber tape, carbon steel plates, steel pipes & tubes, sulfanilic acid and silico manganese are among the Indian products suffering anti-dumping duties in the US.
There are whopping 110 cases ( called inititiation ) of AD against India mainly by US-EU-Indonesia-canada-South Africa.
Debilated animal atracts more flees.
There is a conspricy to pin down india.
<b>Los Angeles Ports to Set Shipping Records Due to China, India Trade</b>
Link
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Trade experts expect the flow of cargo to continue a sharp upward trend, especially India has greatly increased its manufacturing and exporting capacity, according to the report.
It said that several U.S. ports reported that trade with India was growing faster, although China remains the trade juggernaut on the West and East Coasts.
In California, exports to India have risen sharply this year, amounting to 955 million dollars through the first three quarters, almost equaling the 1 billion dollars recorded for all of 2004, according to the Los Angeles County Economic Development Corp.
Meanwhile, as a major gateway for U.S. trade to China, California exported 6.8 billion dollars of goods, mainly electronic equipment, machinery, computer-related and agricultural products, to China in 2004.
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