NEW DELHI, November 16 – BUSINESS STANDARD – Myanmar, the only member of the Association of Southeast Asian Nations (ASEAN) that India shares a land border with, is poised to come out of years of isolation, with the 10-nation regional bloc likely to allow it to chair the organisation in 2014. For India, the re-emergence of Myanmar on the international arena and out of the shadow of China can only be a good thing. Despite Western sanctions, New Delhi has steadfastly maintained strong relations with the country’s military-dominated administration. Myanmar President Thein Sien visited India on an official visit last month, just over six months since taking office after last year’s elections. – BUSINESS STANDARD –India has announced an additional funding of $1 million to make the Indian Ocean Rim Association for Regional Cooperation Special Fund (IOR-ARC) an effective instrument for financing projects and studies of common interest among member-nations. – BUSINESS STANDARD – By 2015, Sri Lankan government’s FDI target is around $ 2. 5 billion to $3 billion, of which 15-20 per cent would come from India and the trade, is expected to touch $900 million between the two countries. During January-October this year, the Sri Lankan government has granted approvals to nine Indian projects with an estimated investment of $168 million. In the recent days companies which are forayed into Sri Lanka include Shriram EPC, a renewable energy company, MARG an infrastructure company from Chennai. – LIVEMINT – Maruti Suzuki India Ltd, the country’s biggest car maker, plans to enter the fast-growing sport utility vehicle (SUV) segment due to the reason that around 7-8% of the 2.5 million passenger vehicles sold in India are SUVs, according to the Society of Indian Automobile Manufacturers (SIAM). The company will showcase a concept for an SUV in January at the Auto Expo in Delhi. Companies such as Mahindra and Mahindra Ltd and Tata Motors Ltd dominate the segment, which is expected to double its share of the passenger vehicle pie over the next decade.
Submitted By:-
Priyesh Narain
Researcher
สำหรับรายละเอียดของข่าวข้างต้น โปรดติดต่ิอนาย Priyesh Narain ที่ This email address is being protected from spambots. You need JavaScript enabled to view it.