Tata Motors Introduces India’s First Bio-Methane Bus

Home-grown automaker Tata Motors recently showcased the country’s first Bio CNG (compressed natural gas) a.k.a. bio-Methane bus in India. The company has designed and developed bio-Methane engines for LCV, ICV, and MCV buses and the powertrain options include – 5.7 SGI and 3.8 SGI. The new bio-methane engines were introduced at the Bio-energy programme, called ‘Urja Utsav,’ […]

UAE, India boost aviation cooperation

The UAE and India have explored ways to take bilateral relations to a higher level with special emphasis on the aviation sector. The two sides discussed the possibility of signing a new agreement to utilise the high potential for travel growth between the two countries. Carriers from India and the UAE can now fly a […]

UAE company puts Rs 100 crore in Mirage Ceramics

UAE-based diversified conglomerate Mulk Holdings has invested Rs 100 crore to pick 50% stake in Mumbai-based tiles manufacturer Mirage Ceramics in its first investment in India, and has outlined plans to pump in about Rs 1,000 crore in the country . “India is a very lucrative market for us,“ said haji Ul Mulk, chairman at […]

UAE-India moving ahead on setting up $75bn fund

The fund, mooted in 2015, aims to invest in infrastructure projects (ITP Images) Talks on setting up the $75 billion (AED275.25bn) UAE-India infrastructure investment fund are continuing, Indian Consul General in Dubai has revealed. The fund, which was first proposed in 2015 when Indian Prime Minister Narendra Modi visited the UAE, aims to invest in […]

Abu Dhabi Ports and Port of Fujairah ink 35-year contract

His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, along with senior officials at the signing ceremony between Abu Dhabi Ports and Port of Fujairah. – Wam   His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, witnessed at Al Remailah Palace on […]

The Healthcare Industry in India: An Overview

The healthcare industry in India is projected to reach US$ 400 billion by 2025. This growth will be driven by factors such as the growing middle class (an additional 500 million by 2025), increasing number of senior citizens (More than 130 million by 2020) and the prevalence of non-communicable diseases (NCDs). Another key driver of […]

Modi government mulls allowing 100% FDI in retail, with caveats

To promote its flagship Make In India scheme with job creation at its core, the Narendra Modi government is considering allowing 100% foreign direct investment (FDI) in multi-brand retail—as long as the products are made in India. A government official familiar with the matter, who spoke on condition of anonymity, said the proposal is being […]

UAE, Indian officials explore new potential economic partnerships

UAE Minister of Economy Sultan bin Saeed Al Mansouri and President of the Confederation of Indian Industry, CII, Shobana Kamineni, have discussed prospects for creating new economic and trade partnerships between the two countries. UAE investments in India stand at US$10 billion, making the UAE the biggest Arab source of foreign direct investment, FDI, in […]

Confederation of Indian Industry to open UAE office

The UAE and India are one of each other’s largest trading partners and advancing this relationship to the next level, the Confederation of Indian Industry (CII) is all set to open its office in the country in near future. The CII is the largest industry chamber in India and its director-general Chandrajit Banerjee confirmed an […]