Presented below is the link that would direct you to an article by Wharton School on how Israel’s diamond industry is moving to India(read Gujarat). Along with other reasons, the article also narrates Gujarati community’s entrepreneurial spirit as key elements behind this. Over to Wharton Diamonds Are Not Forever: Industry Moves from Israel to...
Pharmaceutical firm Cadila Healthcare today announced that it has received USFDA approval to conduct clinical trials for ZYGK1, a new molecular entity (NME), for treating diabetes. Cadila Healthcare said the new molecular entity (NME) being designed and developed at the company’s research centre, is a potent and orally administered small molecule glucokinase activator. The...
Emirates SkyCargo, the freight division of Dubai-based airline Emirates recently commenced its first efreight consignments from Ahmedabad to Frankfurt via Dubai and successfully carried 3950 kgs of cargo comprising of 12 shipments so far. These shipments completely eliminated the aspects of printing the airway bills, handling and processing costs. E-freight is a renowned tool...
For promotion of trade and commerce, the Gujarat Chamber of Commerce and Industry (GCCI) here today inked a Memorandum of Understanding (MoU) with the Regina and District Chamber of Commerce (RDCC), of Canada. The MoU was signed between GCCI president Chintan Parikh and RDCC president Victor Thomas, so as to open doors for trade...
State-run power utility Gujarat Power Corporation Limited (GPCL) has narrowed down to a site in Mandvi near Gulf of Kutch for commissioning of 50 MW tidal power project according to PTI report. The tidal power project will need huge area out of any port limits along the coastline. The area also should be free...
Maharashtra and Delhi”s National Capital Region accounted for over 50 per cent of the foreign direct investment inflows into the country during April- December 2010-11, says industry ministry”s latest data. Maharashtra attracted maximum foreign inflows at USD 5.24 billion (Rs 23,804 crore) and accounted for 35 per cent of the country”s total FDI during...
One of the largest business delegations from Taiwan to India in the past 20 years will visit Gujarat Thursday, a statement said here. Taiwan’s Minister of the Council for Economic Planning and Development Christina Y. Liu is leading the 90-member team. The visit follows a state delegation which visited the east Asian island nation...
Taiwanese electric motor manufacturing major TECO group today said it will set up a large electric motor plant near Vadodara soon. “We shall be setting up a large electric motor manufacturing facility in Gujarat. Motor manufacturing is just one thing, we are thinking of many other businesses here,” TECO Group Chairman Theodre M H...
Singapore’s Consul General Shri Lin Chung Ying today called on Gujarat Chief Minister Narendra Modi in Gandhinagar. According to official release, this was a courtesy visit. Shri Lin Chung Ying and Chief Minister Modi discussed possibilities of partnership in the areas of technical skill development and urban infrastructure development between Singapore and Gujarat. Consul...
Gujarat’s Ankleshwar based chemical firm Jay Processors had ordered Calcium Nitrate from China, with advance payment of Rs. 43.50 lakh. However the company was supplied mineral powder(pure white dust that has no value) instead of Calcium Nitrate. This incident of cheating has created doubts among Gujarat based industrialists over trade with China. Ankleshwar based...
The Government has extended the visa on arrival scheme for the tourists from Cambodia, Vietnam, Philippines and Laos from January this year. This scheme was launched last year for the tourists from Finland, Japan, Luxembourg, New Zealand and Singapore as a measure to attract more foreign tourists to India. The number of visas issued...
One of the world’s largest cooperative firms, Indian Farmers Fertiliser Cooperative Limited will add Rs. 15 crore new liquid fertilizer plant in Kandla. The new plant will be functional in March 2011. According to IFFCO’s Executive Director L.Murugappan IFFCO is all set to expand its Kandla facility by adding two news plants. Of them...