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Kerala to set up funding body for farm-based industries soon![[Details]](/icons/bullet.gif){kind=icon} The Kerala government is to set up a finance corporation modelled on the Kerala State Industrial Development Corporation (KSIDC) for agro-based industries. Of the Rs 50 crore capital investment required, the department has set apart Rs 5 crore towards working capital and the remaining amount would be mobilised from non-resident Indians (NRIs).
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Himachal Pradesh seeks private, foreign investment in tourism Himachal Pradesh has invited investments from the private sector and foreign investors in tourism, a sector which contributes significantly to the state's revenue. The state expects a 12% growth in tourism in 1997-98. The department is promoting several new sites as tourist destinations. The products being offered for investment include ropeways, para-gliding, hand gliding and heli-skiing.
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Indo-Russian trade set to cross $5 billion Indo-Russian trade is poised to cross the $5-billion mark by the turn of the century from $2 billion in 1995-96, according to India's Consul General in St Petersburg SK Ganguly. Inaugurating a four-day India-Russia Buyer-Seller meet in St Petersburg from October 22-25, Ganguly exhorted Indian businessmen to establish and enhance their presence in Russia which would in the coming years serve as a major gateway for trade with other CIS countries as also with the European Union.
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"VDIS will permit declaration of bogus deductions"
Authorised dealers given more powers New tea ties brewing as Indian companies "steam" into Pak Aviation safety panel says present system inadequate Tea exports rise in volume, value Railway Board caveat over punctuality Kerala to set up funding body for farm-based industries soon Indo-Russian trade set to cross $5 billion Indian SMEs lack links with employers' organisations Himachal Pradesh seeks private, foreign investment in tourism Trade Briefing -- Trans-border trade with Bangla resumes Financial Briefing -- Indian Bank cuts PLR by 100 basis points
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The Group
