With the Indo-US trade now touching around $100 billion, charting out a larger strategy of engagement will help achieve the next target of $500 billion, a top industry official said.
India is a content powerhouse, with the largest movie productions, massive digitisation underway and 169 days of live cricket, said Dominic Proctor, president of US-based advertising company GroupM Global.
A noted Indian-American economist has suggested initiating deeper bilateral trade integration between India and the US given the enormous potential for trade and investment because of India's unexploited growth opportunities.
Describing forging deeper partnerships with emerging powers as a key pillar of US strategy for the Asia-Pacific, a top aide of President Barack Obama says Washington not just accepts, but fervently supports India's rise.
India's federal cabinet has approved setting up a one-man committee to look into the allegation that the US retail giant Walmart violated Indian regulations by indulging in lobbying activities to set up shop in the country.
Barabanki’s chikan embroidery work is sold across India and exported to countries such as the US, Canada, and the UK. Manufactures in Barabanki, a town located 30 kms away from Lucknow, now feel that exposure to technology and newer production techniques will help fare better.
By the age of six, children are already set in their path and it is difficult to change them. They have learned their languages and have formed their identity and values. After the age of six, acquiring a new language to native fluency is very difficult - and the same goes for cultural identity and values. This is the premise behind Gnaana, which produces educational toys that help children understand their Indian heritage in fun and kid-friendly ways.
Threads can talk and create stories. They can weave their way through centuries and be reborn in various avatars. Such has been the evolution of the kantha stitch - the fine art of embroidery from Bengal initially done on quilts - which has taken the contemporary fashion and furnishing sectors by storm with buyers in the US, Britain and Japan lapping it up.
India's Textiles Ministry is mulling a series of measures to boost export of ready-made garments (apparel) despite growing competition from countries like Bangladesh, Vietnam, Cambodia and China, a senior official said.
Estimates by the Apparel Export Promotion Council (AEPC) indicate that the exports of garments from India fell by 10.5 percent in the month of June 2012, as compared to June 2011.