Sanjeev Sanyal, Principal Economic Adviser, Ministry of Finance, Government of India, recently unveiled the 4th edition of the FICCI-PwC Strategy& India Manufacturing Barometer (IMB) survey, which as in previous years, reveals that India continues to remain an economic bright spot. As per the United Nations, the world economy expanded by only 2.2 per cent in 2016 — the slowest growth rate since the 2009 recession. The outlook for the Indian economy and its core sectors continues to remain upbeat
Tag: Chemicals
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Cost of production increases significantly, impacting manufacturing competitiveness: FICCI survey
FICCIÂ’s latest quarterly survey has reported a decline in the outlook for the sector for Q-4 of 2016-17 due to rising cost of production, which has impacted the competitiveness of the sector in the last few months.
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Coal gas can help lower import bill by $10 billion in 5 years
Domestic coal gas can be used as a feedstock for producing urea and other chemicals that can help reduce the country's import bill by $10 billion in five years and cut carbon emissions, a top official has said.
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Bahri expands India presence with new Mumbai office
Bahri, a global leader in logistics and transportation, has opened a new office in Mumbai to strengthen its presence in the fast-growing Indian maritime industry and lay the foundation to offer diverse shipping services to domestic customers.
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Emergent Gujarat
With the adverse effect of demonetisation still looming over the country, the New Year will witness industry bigwigs - both international and homegrown ù queuing up to invest in India´s most industrially developed state, Gujarat. The occasion, Vibrant Gujarat (in its 8th edition), is all geared up to welcome the investors from all across the world.
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Guj Alkalies sets up 15 MW solar unit
Gujarat Alkalies and Chemicals may set up a 15 MW solar power project. The solar project will be based on engineering, procurement and construction with an estimated cost of Rs.100 crore.
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Lab testing facilities at NMPT
A NABL (National Accredited Board for testing and calibration Lab) certified Lab Testing Collection Centre for edible oil, chemicals and food grade items has been set up at New Mangalore Port Trust (NMPT), in line with the government´s policy on ´ease of doing business´.
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Growth in Store
Over the past couple of decades, the warehousing industry in India has evolved from the traditional concept of a ´godown´ - a small structure with four walls and shed - to a modern-day automated set-up which offers efficient inventory management and value-added services.
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Captive RE is the most viable option for energy security
Regional Manufacturing Support Organisation (RMSO), Holcim - South Asia Region.
Dealing with changing fuel market dynamics, while keeping the production cost to minimum is a challenge.
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Looking East
While political differences may take a while to be ironed out, growing business collaborations between India and China are scripting a mutually benefiting story. China has shown keen interest to finance India´s infrastructure development
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