•  
  • E-mail:     sales@microtelesoft.com
  •  
  • Call Or WhatsApp Us. +91-9078673897 ,+91-8892654987 ,+91- 9090453772
  • Skype: bapi.mahapatra

India to boost food, pharma, IT, tourism exports in China’s first import only show


Published Date: 11/15/2018 8:56:31 PM
India is eyeing giving a boost to its exports of food and agro productsNSE 0.47 %, pharmaceuticals, information technology (IT) and services such as tourism to China as it participates in the first China International Import Expo (CIIE). 

“These four areas represent very minuscule Indian presence in China contrary to India’s strength and overall global presence,” commerce and industry ministry said in a statement on Monday. 

The expo, being held in Shanghai from November 5-10, will help India reduce its trade deficit with China. 

China is India’s largest trading partner with a total trade of $89.71 billion in 2017-18. With India’s exports of $13.33 billion, the trade balance is highly in favor of China. 

“The CIIE will provide a platform for increasing India’s exports to China. Interactions between the two sides will also expedite market access issues particularly for pharma, IT & ITES, agro and processed food,” said Federation of Indian Export Organisations (FIEO) in a statement. 




Related Blogs on LifeStyle

1) Only together can we fight climate change Published Date : 12/16/2018
It is making efforts to reduce dependence on older, inefficient thermal units located outside the city.
2) Indian Ocean may play bigger role in driving climate change Published Date : 12/15/2018
The Indian Ocean played a far greater role in driving climate change during the last ice age than previously believed
3) THIS was the worst year in human history, according to scientists Published Date : 12/14/2018
It was not only the dark skies that made the year so grim, but the affected sunlight also led to freezing temperatures
4) SAS looks for opportunities in fin, healthcare sectors Published Date : 12/06/2018
American analytics software major SAS is betting on rapid digitisation of the Indian economy and is looking for expanding business opportunities in financial and healthcare among other sectors.
5) Pollution across north India reaches dangerous levels Published Date : 11/22/2018
Artificial Rain To Tackle Delhi Pollution, Aircraft Procured From ISRO
6) CitiusTech eyes $500 mn revenue in five years..... Published Date : 11/20/2018
Healthcare technology firm CitiusTech is looking to more than double its revenue to $ 500 million in five years on the back of growing investments by hospitals, insurance firms and service providers in the US and Europe in harnessing data to improve services
7) India to boost food, pharma, IT, tourism exports in China’s first import only show Published Date : 11/15/2018
India reduce its trade deficit with China.