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  • Generali India targets 20% growth in 2023

    In non-life insurance, Generali has acquired from Future Enterprises Limited 25% of the shares of Future Generali India Insurance (which had premium income of about 450 million as of March 2021) for about 145 million, giving it a 74% stake of the company


  • Xiaomi continues to lead as India smartphone shipments decline by 5 pct

    Premier research firm International Data Corporation (IDC) Monday said India's smartphone shipments declined by 5 percent on a yearly basis for the third consecutive quarter, with vendors shipping 37 million smartphone units in the first quarter of 2022.


  • China's Shaanxi launches rail-sea transport freight train to India

    A freight train carrying a total of 50 containers of solar panels and solar modules departed from the Xi'an international port station Monday, heading for the Huangdao Port in east China's coastal city Qingdao, and then transporting the goods to India by ferry.


  • Chinese FM calls for mutual understanding between China, India

    Chinese State Councilor and Foreign Minister Wang Yi on Monday met with outgoing Indian Ambassador to China Vikram Misri via video link, calling on the two countries to deepen their mutual understanding.


  • First batch of RCSC-donated oxygen concentrators, ventilators arrive in India

    Anti-epidemic supplies including 100 oxygen concentrators and 40 ventilators donated by the Red Cross Society of China (RCSC) arrived in India on Sunday, Chinese Ambassador to India Sun Weidong said in a tweet.


  • China firmly supports India in fighting COVID-19: Chinese embassy

    The Chinese government and people firmly support the Indian government and people in fighting the COVID-19 pandemic, spokesperson of the Chinese Embassy to India Counselor Wang Xiaojian said.


  • FCA wants to grow in India by producing a new SUV Jeep over there

    The group has announced it will invest $250 millionin the subcontinent. The resources will be needed to locally produce a three-rows SUV, assemble Jeep Wrangler and Jeep Cherokee vehicles and launch a new version of Jeep Compass


  • Culture study center named after Chinese scholar inaugurated in India

    Xu Fancheng Culture Study Center was jointly inaugurated by Pondicherry Chief Minister V. Narayanasamy and Chinese Ambassador to India Sun Weidong on Monday in southern India to commemorate the 111th birth anniversary of the Chinese scholar.


  • India, important public procurements for transports and solar energy

    In India, in the last days, important public tenders have been launched. The country, as known, is committed in a wide recovery plan of investments in public infrastructures, mainly in the field of energy production from renewable sources and transports.


  • Chinese brand "Xiaomi" to soon increase offline sales in India

    Chinese smart phone manufacturer "Xiaomi" will soon double its sales outlets across India from the current 10,000 to 20,000, Chief Operating Officer (COO) of "Xiaomi India" B. Muralikrishnan was quoted as saying on Wednesday.


  • SAIC Motor gains momentum in India with 31,000 orders received by September

    The Shanghai-based Chinese automaker SAIC Motor Corporation Limited (SAIC Motor, 600104.SH) is gaining momentum in India, with its production base opened in April this year and receiving 31,000 orders in three months after the launch of MG Hector.


  • After Russia, China and the USA, the Litokol company heads toward India

    The company of Luciano Cottafavi, international leader in special products for ceramics and construction, has entered into a joint venture with Pidilite, a giant company in India.


  • Thai government urges organic exporters to secure upmarket in India

    India boasts an enormous market. In 2018, 266 million people had purchasing power, accounting for 20 percent of the total population (1.332 billion), according to Ms. Supatra Sawaengsri, executive director of Thai Trade Center and consul (Commercial), Royal Thai Consulate General in Mumbai.


  • MYS to set up subsidiary in India with self-raised funds not exceeding USD50 mln

    MYS Group Co. Ltd. (MYS, 002303.SZ), an integrated packaging service provider in China, intends to establish a subsidiary in India with self-raised funds of less than 50 million U.S. dollars by itself or via its subsidiary, said the company on Friday.


  • China announces anti-dumping duties on chemical from Japan, India

    China's Ministry of Commerce said Tuesday it has decided to impose anti-dumping duties on ortho dichlorobenzene (ODCB) imported from Japan and India as of Wednesday.


  • Nepali PM says cross-border railways to be developed with assistance from China, India

    Nepali Prime Minister KP Sharma Oli said on Sunday that the Himalayan country has been working on developing cross-border railways linking China and India in cooperation with the two neighboring countries.


  • China's electronic giant to construct technology park in India

    Midea Group, Chinese electrical appliance manufacturing company, has started construction of a Science and Technology Park in western India.


  • AIIB approves 8th project with loan of USD 455 mln in India

    The Asian Infrastructure Investment Bank has recently approved a 455-million-U.S. dollar loan project for India.


  • Bangladeshi, Indian PMs jointly inaugurate rail projects, power supply

    Bangladeshi Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi on Monday jointly inaugurated the construction works of two railway projects and 500 mw power supply to Bangladesh through video conferencing.


  • India registers record high farm output

    Agricultural output during the last financial year (2017 July-2018 June) touched a new high at 284.83 million tons, according to the government's agriculture estimates released on Tuesday.


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