The recently concluded India–UK Comprehensive Economic and Trade Agreement (CETA) is expected to significantly benefit India’s manufacturing industries, particularly in sectors such as automotive, aerospace, and industrial machinery. The agreement aims to double bilateral trade between the two countries to USD 112 billion by 2030 and provides nearly full tariff elimination on Indian exports to […]
Discussions between Indian and Croatian business leaders have highlighted mutual efforts to expand economic cooperation, particularly in trade, investment, and labour. Croatia has attracted interest from Indian companies in sectors such as logistics and manufacturing, and officials expressed openness to deeper collaboration. Croatia’s Minister of Foreign and European Affairs, Gordan Grlić Radman, noted that Indian […]
Carraro Group, a manufacturer of transmission systems, has announced plans to invest Euro 350 million in India over the next five to seven years. The company, which has already invested approximately Euro 200 million and employs 1,600 people in the country, aims to nearly double its current investment base. The investment is dedicated to developing […]
Automakers across the United States, Europe, and Asia have raised concerns over potential production disruptions following China’s decision to suspend exports of rare earth alloys, mixtures, and magnets, according to a report by Reuters. The export restrictions, introduced in April, have halted shipments at multiple Chinese ports while export license applications await clearance, prompting urgent […]
India and Japan have discussed expanding maritime cooperation across shipbuilding, port development, and maritime training during a bilateral meeting between Indian Minister of Ports, Shipping and Waterways Sarbananda Sonowal and Japan’s Vice Minister for International Affairs Terada Yoshimichi. The meeting, held in Oslo, Norway, also covered potential investments by Japanese shipyards, employment of Indian seafarers, […]
Garden Reach Shipbuilders & Engineers (GRSE), a Kolkata-based shipbuilding company, has signed a memorandum of understanding with Norway’s Kongsberg to build India’s first indigenously constructed Polar Research Vessel (PRV). The vessel will be developed at GRSE’s Kolkata shipyard using design expertise from Kongsberg and in alignment with the requirements of the National Centre for Polar […]
Maruti Suzuki India Limited has entered into a Memorandum of Understanding with the Japan External Trade Organization (JETRO) to promote cross-border startup collaboration between India and Japan. The agreement aims to facilitate access to startup ecosystems in both countries and support joint business opportunities. Under the agreement, startups in India selected through Maruti Suzuki’s innovation […]
India and the European Union have significantly expanded their maritime and shipbuilding cooperation in 2025 through a series of strategic partnerships, joint ventures, and defence-related initiatives. These collaborations span naval operations, technology transfer, joint vessel development, and shipyard capacity enhancement. India will host its first-ever country session at Nor-Shipping 2025 on 4 June, marking a […]
The recently signed India–UK Free Trade Agreement (FTA) marks a transformative moment in bilateral relations, particularly for the manufacturing and engineering sectors. Projected to boost annual bilateral trade by GBP 25.5 billion (USD 34 billion) by 2040, this FTA is the UK’s most comprehensive post-Brexit deal. It aims to double or even triple current trade […]
India and Japan are exploring expanded defence industry collaboration, with a focus on potential joint work in tank engines, aero engines, and emerging technologies. This was discussed during a bilateral meeting between Defence Minister Rajnath Singh and Japanese Defence Minister Gen Nakatani in New Delhi on May 5, 2025. Singh highlighted the Indian defence sector’s […]
