1.   

India analysing global market to boost exports

India is looking to tap certain sectors in the global market where China is fast losing its export competitiveness due to rising wages, and have commissioned a study for a detailed understanding of the issue. The move is aimed at boosting the country's exports and containing the ballooning current account deficit (CAD). "We have commissioned a rapid analysis of the sectors which China has been vacating...," Commerce Secretary S R Rao said here at a function.

2.   

India's market diversification strategy showing results: Anand Sharma

India's market diversification strategy of reaching out to newer vistas in Asia, Africa and Latin America is beginning to show positive results, Commerce and Industry Minister Anand Sharma has said. Inaugurating the first overseas office of the Export Credit Guarantee Corporation (ECGC) India Limited here, the Minister said: "India's market diversification strategy focussed on outreach to newer markets in Asia, Africa and Latin America, is beginning to show positive results."

3.   

India seeks greater access to Russian market

India will push for greater market access for its pharmaceutical products and beef in Russian market after the Russian Customs Union lifted a ban on Indian non-basmati rice and oilseeds. Trade minister Anand Sharma raised the issue with his counterpart Denis Manturov at the 7th India Russia forum on Trade and Investment at Moscow on Thursday, according to a commerce ministry official.

4.   

Indian business dignitaries visit LuLu hypermarket Riyadh

THIRTY nine Indian companies and exporters of agricultural and food products, along with senior officials from the Ministry of Food processing industry, Ministry of Commerce, Agriculture and Processed Food Product Export Development Authority (APEDA) and India Trade Promotion Organization (ITPO) government of India, attended the 4-day Saudi Agro Food Exhibition 2013 that concluded on Wednesday in Riyadh.