SIDBI’s Marketing Fund for Women targets women entrepreneurs; and organizations that market products manufactured by women entrepreneurs. You can find more information about this exclusive fund for women in this article.
Small to midsize food and agri-businesses will soon have another option when exporting out of southern India, with the addition of a cargo complex at the Mangalore airport, in the southern Karnataka state, said airport director M R Vasudeva.
Agro commodities trading house Adani Agrifresh plans to procure 22,000 tonnes of apples in Himachal Pradesh this season, a company official said. "This year's procurement will start from August 16," Deputy General Manager Sanjay Mahajan told IANS. He said that the apple crop this year was good, and that the company was hoping to achieve its procurement target.
India's sugar output is likely to drop by one million tonne to 25 million tonnes in the marketing year beginning October 1 due to poor rainfall in key producing states, especially Maharashtra and Karnataka, the Indian Sugar Mills Association (ISMA) said. However, there will be enough stocks to meet domestic demand, ISMA said.
Research and ratings agency Crisil has cut India's economic growth forecast to 5.5 percent for the 2012-13 financial year from its earlier estimate of 6.5 percent, citing deficient monsoon and worsening Eurozone crisis. It also raised India's core inflation forecast to eight percent for this fiscal from the seven percent announced earlier.
The Kerala Tourism Department is in the process of organising several events, with the aim of promoting tourism in the state, reports The Hindu. One of these events is a cultural programme, The Wondrous Melodies of Kerala, which took place on July 19. It showcased various traditions of Kerala, including the swordfight called Kalariyapattu and the dance forms of Mohini Attam and Kathakali.
The number of foreign tourists visiting India increased for the third consecutive year in 2011, while domestic tourism too has been witnessing double digit growth, the Tourism Ministry said.
The Federation of Hotel and Restaurant Association of India (FHRAI) has stated that tourism in the state of Kerala might be affected by the recession in European countries, reports The Hindu Business Line. This is because nearly 70 percent of the international tourists visiting Kerala belong to Europe.
The basic strategy to bring the country's economy back on track has to be to stimulate domestic demand, Finance Minister Pranab Mukherjee said, addressing the concerns of industry and credit rating agencies over the current turmoil in the sector.
The government should not blame the eurozone crisis for the present economic slowdown, as it is largely due to the domestic factors like excessive monetary tightening, lack of reforms and delay in project clearances, a top industry lobby said.