สรุปข่าวเศรษฐกิจอินเดียประจำวันที่ 6 พฤศจิกายน 2555
India invites investment from ASEAN in renewable energy sector
Aiming to scale up production of renewable energy in the country, India today invited investors from ASEAN countries to invest in the sector.
Inaugurating a two-day 'ASEAN-India Workshop on Cooperation in Renewable Energy', Renewable Energy secretary Gireesh Pradhan said at present renewable power with over 26,000 MW installed capacity represents about 12.5 % of the total installed power generation capacity in India and the aim is to achieve about 55,000 MW of renewable power by 2017.
The two-day workshop has been organised as a precursor to the meeting of the Ministers of Renewable Energy of ASEAN countries and India scheduled on November 7.
(Sources: Economic Times, Indiatimes, Zeenews, Infraline, i4u, Yahoo)
Tamil Nadu inks 12 MoUs worth $ 3.84 billion
The Tamil Nadu government on Monday signed 12 memoranda of understanding worth $ 3.84 billion with different companies from various sectors. The move would create 1, 36,000 jobs.
The MoUs were signed in front of Tamil Nadu Chief Minister J Jayalalithaa yesterday at Chennai. The companies include Hyundai Motors, Indo Rama Group, Saint Gobain Glass India, Danfoss Industries and many more.
(Sources: Economic Times, Business Standard, Livemint, i4u, Zeenews)
UP to be power surplus in few years: State govt
Power-starved Uttar Pradesh has assured industry and potential investors that the state would be power surplus in coming years.
UP minister of state for Small Scale Industries & Export Promotion Bhagwat Saran Gangwar invited Indian and foreign investors to invest in various promising sectors in the state at the Confederation of Indian Industry (CII) investment conclave ‘Invest North’ at Gurgaon yesterday.
He underlined before investors the investor-friendly environment, abundant skilled human resources and state action plan for development of high-end infrastructure conducive to investment.
(Sources: Business Standard, the Hindu, Livemint, NDTV, IBNLive)
Agreement with World Bank for Assam road project
The union and Assam governments today entered into a $320 million agreement with the World Bank for state roads project. The loan and project agreements were signed by the Centre, Assam government and World Bank in New Delhi. The project will be implemented over a period of six years.
(Sources: Economic Times, Hindu Business Line, Moneycontrol, the Tribune)
Exports from SEZs up 36% in July-September quarter
Exports from special economic zones (SEZs) grew by 36 % year-on-year to $ 43.86 billion during the July-September quarter of this fiscal, Export Promotion Council for EOUs and SEZs (EPCES) said yesterday.
"So far 385 SEZs have been notified and 160 SEZs are in operation, out of which 17 are multi product SEZs, remaining are IT/ITeS, engineering, electronic hardware, textiles, biotechnology, gem & jewellery and other sector specific Special Economic Zones," it said in a statement.
(Sources: Economic Times, Indiatimes, Hindu Business Line, Moneycontrol, NDTV)
Government taking steps to boost investor confidence: Montek Singh Ahluwalia
Amid threats that India's credit rating could be downgraded and a slowdown in the economy, Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the government is taking several steps to boost investor confidence and more such measures may follow.
On the GDP growth rate, he said the second half of the year will be better in terms of growth.
Ahluwalia said, however, the situation is still watchful despite the fact that deceleration has stopped.
(Sources: Economic Times, Financial Express, the Hindu, Zeenews, Press Trust of India)
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