Home / Knowledge / News / India & China open up opportunities for global funds deployment
India & China open up opportunities for global funds deployment
23
Jan '08
Mr Kamal Nath, Minister of Commerce and Industry reaffirmed that inclusive growth would be important for india to continue on the growth path.

Speaking at the breakfast session organised by CII and IBEF at the World Economic Forum, Mr Nath speaking to select group of International CEO s, mentioned that infrastructure development was critical for this inclusive growth and with india`s demographic advantage of a very young population, the aspirational expectations of the youth and making them employable was a major human skills development exercise.

Mr Nath also mentioned that agricultural productivity and using the benefits of research in agriculture was important for india and also that india was not diverting agricultural land to bio fuels but focusing on bio fuels growing on non-agriculture land.

Responding to queries raised by the CEO s, Mr Nath said that the indian economy was domestic growth and demand driven and, thus, largely insulated from international financial developments.

He aslo said that the world trade negotiations were at a final phase and it was no longer a North-South issue since all sides were now engaged.

Referring to the developments in financial circles, Mr Nath added that there were two additional drivers in the global economy - India and China, which opened up new opportunities for global funds deployment

The Minister focused on the need for infrastructure development and detailed the several initiatives like the Delhi-Mumbai Industrial Corrider, a dollar 90 billion project.

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X