Industry stakeholders recently came together at a panel discussion, organised by the Confederation of Indian Industry (CII) in New Delhi, to find out the ways for bringing back the Indian economy on the growth path.
The central government has given approval for 30 mega food parks across the country, Food Processing Industries secretary Rakesh Kacker said in Mumbai on Wednesday.
India's realtors, who saw lackluster business last year, are keeping their fingers crossed, hoping for better market sentiments this year. They are also banking on vital legislation that the government is set to introduce in next month's budget session of parliament that would be critical for the sector's growth.
In its bid to attract big ticket investments in the industry-hungry state, the West Bengal government is organising its annual investors' meet - the second edition of 'Bengal Leads' - from Tuesday, but the likely absence of big names is proving a major dampener.
Attracting nearly 33 percent of all foreign direct investments (FDI) in the country since 2000, Maharashtra remains the numero uno choice for all foreign investors, chief minister Prithviraj Chavan said in Mumbai on Monday.
With the India-US civil nuclear deal removing the biggest obstacle in their relationship, a US think tank has said their concerted cooperation could help India's global rise and provide a rich opportunity for US businesses.
Torrp-it-up is a quick service restaurant (QSR) brand by S.G.Mittal Enterprises, eyeing the growing QSR market in India. Started in Mumbai, in 2008, the chain is aggressively seeking expansion in the Indian market.
Although there is a clash of opinion among the SMEs themselves regarding the impact of FDI on smaller retailers, a large group of SMEs do consider this to be a great opportunity. 2012, will be remembered as a landmark year for SMEs because of the fact that FDI got the cabinet approval.
The issue of international supermarket chain Wal-Mart lobbying in the US to open the way for FDI in retail in India rocked both houses of parliament Tuesday as the opposition across the political divide sought a probe into the matter.
India’s coalition government has built ‘consensus’ needed to push forward reforms that allow foreign supermarkets to operate here. The fear is that in due course, foreign players could end up controlling the market, without significantly improving back-end infrastructure, according to an industry body.