Topic “India” — Exporter Magazine
India’s tech-related exports could have recorded a 14.54% surge to USD$64.67 billion for the 12 months ended March 31, according toGulfNews.com, citing the country’s Electronics and Computer Software Export Promotion Council (ESC). An additional 15-20% growth is expected in the present financial year. According to GulfNews.com, consistent with what has been seen in the last decade, Indian demand for gold will be driven by savings and real income levels and not by price. 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. According to a Datamonitor study: Other Savoury Snacks in the BRIC (Brazil, Russia, India, China) Countries – Market Overview and Forecasts to 2014, India will be the most lucrative destination in terms of revenue and volume growth over the forecast period. India is among the three countries in the world where Samsung is launching Galaxy Tab first. The device is powered by Android Froyo, the latest version of Google’s operating software for mobile devices, according to Times of India. One more Indian whisky brand from the country has made it to the list of 10 largest selling spirit brands in the world, according to Times of India. Indian whiskies, which were unaffected by the recession, have now emerged as new power brands in the global arena. The millionaire brand list is dominated by India with six whisky brands figuring in the list of world’s top 10—Bagpiper, McDowell No.1, Officer’s Choice, Original Choice, Royal Stag and Old Tavern. Pike River Coal’s second export shipment of approximately 20,000 tonnes of premium hard coking coal worth around $6 million is scheduled to depart Port of Lyttelton on Monday for India.