Topic “In the News News” — Exporter Magazine

Tetra Pak already has a manufacturing site in Pune but it has been in operation for nearly 14 years and is reaching its full capacity of 5 billion packages. The new Pune plant will have an initial annual production capacity of 8.5 billion packages, with the potential of increasing to 16 billion packages. Jager said the global recession was still evident but good news is coming out of the United States, a mood of cautious optimism but still awareness of the possibility of downturn. According to Reuters report posted by GulfNews.com, the 747-8 Intercontinental will seat 467 passengers, 51 more than the current version of the 747, and burn less fuel while offering passengers more comfort. New Zealand’s Milfos will supply its iConverter technology which ‘snap’ chills milk from 34°C to 4°C for bulk storage. This underpins milk hygiene by lowering the bacteria count. At the moment, nationwide, nearly 1500 hectares of vines on 115 vineyards are now managed organically – representing 4.5% of all vineyard land. The Ministry of Science and Innovation is a new agency it also brings together the Foundation for Research, Science and Technology (the Foundation) and the Ministry of Research, Science and Technology (MoRST) and assumes responsibility for the policy and investment functions of both agencies. Since the June 19, 2010 announcement by China’s central bank of greater exchange rate flexibility, its currency, also known as renminbi has appreciated 3.7% against the dollar, or about 6% annualised. The renminbi has appreciated 26% in total against the dollar since 2005.