Steel producers ask Centre to act against growing imports

India’s steel imports during a period between April-January of the current financial year, stood at 8.1 million tons against 4.8 million tons year-on-year, registering a growth of 69%. In calendar 2014, India’s imports from China alone totaled 2.83 million tons compared to 1.25 million tons, an increase of 128%.  By Sai Nikesh D The domestic … More Steel producers ask Centre to act against growing imports

Telecom sector: Indigenous manufacturing key to ensure security

Speaking at the Make in India conclave, Rakesh Garg, Secretary, DoT, rasied concerns of Indian telecom sector saying that research is being done in India, but the Intellectual Property Rights are lying with foreign countries. He went on to say that even after manufacturing products locally, India is opting to buy the same from the … More Telecom sector: Indigenous manufacturing key to ensure security

Enhance imports from us for MFN status – Pakistan tells India

Providing Most Favored Nation Status (MFN) status to India will adversely affect Pakistan’s economy and so, India should increase imports from Pakistan to obtain MFN status. Pakistan cannot make a back step in Kashmir issue and move on with other issues. this mutual distrust between the countries is not allowing Pakistan to expand its trade with … More Enhance imports from us for MFN status – Pakistan tells India

China bans USA poultry imports, will India be the next to do so?

Concerns are growing in India over proposed poultry imports from USA. US poultry industry says that HPAI virus has not infected commercial poultry so far, but reports contradict the claim By Sai Nikesh D In a move that is expected to hit the US poultry industry hard, the Chinese government has banned all imports of … More China bans USA poultry imports, will India be the next to do so?

India’s iron ore imports to reach a record high in FY 2014-15

India became a net importer in CY2014 by importing around eight million tonnes of iron ore against exports of around seven million tonnes, say reports By Sai Nikesh D India’s iron ore imports have fluctuated in the recent years ever since the government clampdown on illegal mining in major producing states of Karnataka, Goa and … More India’s iron ore imports to reach a record high in FY 2014-15