Self-reliance in select sectors can lead to import substitution of USD 186 bn: Study
Business

Self-reliance in choose sectors can result in import substitution of USD 186 bn: Study

  Mumbai: Promoting self-reliance in sectors comparable to electronics, defence gear, prescription drugs, amongst others, can result in import substitution of over USD 186 billion for the nation, says a research by Export and Import Bank of India (Exim Bank). Other sectors recognized for import substitution and enhancing home manufacturing embody equipment, chemical compounds and…

Bulk tea industry registers sharp rise in consumption, price despite COVID-19 pandemic: Report
Business

Bulk tea trade registers sharp rise in consumption, value regardless of COVID-19 pandemic: Report

  Mumbai: Despite the COVID-19 pandemic that has created a demand-supply mismatch, the majority tea trade has witnessed a pointy improve in each consumption in addition to costs, in keeping with a report. The bulk tea corporations, notably of northern India are anticipated to report their greatest monetary efficiency witnessed in latest historical past, primarily…