India’s fisheries sector can grab almost $9 billion investment in 5 years

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India expects the fisheries sector to attract investments worth $ 9 billion (Rs 67,000 crore) over the next five years along with huge employment generation. Fisheries exports are expected to more than double to Rs 100,000 crore by 2024-25 from Rs 46,589 crore at present, Union Fisheries Secretary Rajeev Ranjan said at an e-conference of […]

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India planning to introduce production-linked incentives for chemicals, agrochemicals

India is planning to soon introduce a Production Linked Incentive (PLI) programme for its chemicals and agrochemicals sector, similar to one that it has introduced earlier this year for mobile phone makers, Mansukh Mandavia, minister for chemicals said on Thursday. “We will reform all rules and regulations to give a boost to the Make in India […]

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India’s renewable energy sector can expect 35 percent growth in investments by 2023 – Crisil

Increasing global investor interest and an enabling regulatory ecosystem has primed India’s renewable energy (RE) sector to attract 35 percent growth in investments by the financial year 2023. According to CRISIL Rating’s analysis estimates that India can augment as much as 35 gigawatts (GW) of renewable energy in both solar and wind power capacity in the […]

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Coal India to invest Rs 1.22 lakh crore to achieve 1 billion tonnes of coal production by 2023-24

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With an aim to achieve 1 billion tonnes (BT) coal production by the year 2023-24 and make the nation Aatmanirbhar in Coal, national miner Coal India Ltd (CIL) will invest over Rs. 1.22 lakh crore on about 500 projects related to coal evacuation, infrastructure, project development, exploration and clean coal technologies, said Union Minister of […]

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Prime Minister Modi urges U.S. companies to invest in India’s agri and energy sectors, says this is the right time

Prime Minister Narendra Modi invited U.S. companies to invest in India’s agriculture and energy sectors among others, saying this was the best time to put money in his country that was a trusted partner of the United States. “Today, there is global optimism towards India. This is because India offers a perfect combination of openness, […]

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Shale holdings of RIL, GAIL in the US come under pressure amid oil price crash

The falling demand of crude oil in the US market is likely to adversely impact investments made by Indian companies in the shale business in the US. American refiners closed some of their production, leading to futures trade benchmarked to the WTI going negative. Though WTI recovered, investment in alternative fuels like shale has become unviable. For […]

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Global energy investment stabilised above $1.8 trillion in 2018; security and sustainability concerns growing – IEA

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Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. The findings of the World Energy Investment 2019 report signal a growing mismatch between current trends and […]

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India attracted $6.4 billion in FDI in food processing in the past seven years – government

India’s booming food processing sector attracted $6.5 billion in foreign direct investments (FDI) during 2010-11 to 2016-17, a government statement said. FDI) in food processing industries is allowed through automatic route subject to applicable laws/sectoral rules/ regulations/ security conditions.  “As per the latest Annual Survey of Industries (ASI) conducted by Central Statistics Office, Ministry of Statistics […]

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India’s Modi pitches strongly for increased investments in food processing

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Indian Prime Minister Narendra Modi on Thursday urged global food companies to invest in India, which he said offered huge opportunities given its crop diversity and after the government eased laws. Modi said at the inauguration of World Food India 2017 that India’s strenghts in agriculture were many and it had global leadership in crops […]

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