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High Commission of India Economic News from India
Dar es Salaam March 13, 2018
Headlines
*India, France commit to boost bilateral
trade
*India, China important engines of regional
and global economic growth
*Health sector in India create jobs on
massive scale
*India, EU to decide fate of trade agreement.
*Trade & Investment Enquiries from India
*Duty Free Tariff Preference Scheme
(DFTP) of Government of India
*Forthcoming Events – Tanzania
*Forthcoming Events – India
*Tenders floated by Tanzania as of 13 March,
2018
*Websites for Economic and Business
0pportunities on India
Key Economic Indicators
Forex Rates: 1US$ = Rs. 65.02
1 Euro = Rs. 80.09
(As on 13.03.2018) Forex Reserves: US $ 420.758 billion
(As on 02.03.2018) NIFTY 10,457(As on 13.03.2018) SENSEX 33,997 (As on 13.03.2018)
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India, France commit to boost bilateral trade
India and France committed to increase bilateral trade to 15 billion euro by 2022 and timely relaunching of negotiations on the India-EU free trade agreement. Both the countries also stressed on the importance of
open and inclusive global trade and vowed to work together with all members of the World Trade Organisation (WTO) for an open and inclusive global trade . A joint statement issued after the meeting of Prime Minister Narendra Modi and French President Emmanuel Macron said the two countries stressed on the importance of holding annual dialogue at the ministerial level to deepen cooperation in the economic and financial sector . Full article
India, China important engines of regional and global economic growth
India and China have been important engines of regional and global economic growth, a top official of International Monetary Fund (IMF) said
today, noting that a strong economic partnership between the two Asian giants would be beneficial. For the past several years, India and China have been important engines of regional and global economic growth. In 2017, India and China were responsible for almost half of global growth," Tao Zhang, IMF Deputy Managing Director, told in an interview ahead of his visit to India . For full article
Health sector in India create jobs on massive scale
Healh sector can create jobs on a massive scale, particularly at the level of frontline health workers and others, but training and skilling the job
aspirants is important, Public Health Foundation of India (PHFI) President K Srinath Reddy has said. Citing a UN report of September, 2016, he said the report argued that health sector could provide new jobs on a large scale in the global economy, where employment opportunities were shrinking in the technology-driven industry and service sectors . article
India, EU to decide fate of trade agreement India and the European Union will discuss about the resumption of the much-delayed Bilateral Trade and Investment Agreement (BTIA) that hasn’t progressed much over the past five years. Chief negotiators of the two sides will meet in April to explore the possibility and work out some roadmap for the negotiation . For full article
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Trade & Investment Enquiries from India
1 (Yash SHAH) Aayuritz Phytonutrients Pvt. Ltd, Gujarat, India
Email: [email protected]
Looking for: Importers/dealers of Ayurvedic products .
2 (R. Alagarsamy)
RR Export
Tamilnadu, India
Mob: +91 9865743437
Email:[email protected]
Looking for:
Importers/dealers of spirulina powder / capsules / tablets.
3 (Balu Vala) Shihori Farm & Agriculture Organic Products. India
Mob: +91 8140330406
Email: [email protected]
Looking for Importers/dealers of cashew nuts.
4 (Dhawal Singh) Gujarat, India
Mob: +91-7016325228
Email:[email protected]
Looking for Importers/dealers of havedge steering cone sets, havedge engine valves, havedge cam shaft, havedge
rocker arm, chain kit, brake shoes, air filter
5 (Ashok Matholiya) Yogiraj Exim. Gujarat, India
Mob: +91-8141980987
Email: yogiraj.eximaj@gmail.
Looking for Importers/dealers of rice , mangoes, wheat, mango, green milate for human and animal consumption
6 (Praveen Gangil) Prem Henna India
Mob: +91 7024106225/ +91 9752746100
Email:[email protected]
Looking for Importers/dealers of cosmetic products
7 (Hardik Jani) Lotus Exim. Gujarat, India
Email: [email protected]
Looking for Importers/dealers of Agro Products.
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8 (Murtaza Ali) Noble International. India
Mob: +91 88 272 88 982
Email:[email protected]
Looking for Importers/dealers of Spices and Herbs
9 (Trupti Vyas) Arrow International. Gujarat, India
Mob: +91 98790 32599
Email:[email protected]
Looking for Importers/dealers of spices, disposable paper products and medical disposable health care products
10 (Mohit Shrivastav)
Macropact Exim Pvt Ltd. India
Mob: +91-9824042167
Email:[email protected]
Looking for Importers/dealers of gemstone
11 (Neeraj Bhalla) Romero overseas pvt Ltd. PUNJAB, India
Mob: +91-181-2295507
Email:[email protected]
Looking for Importers/dealers of hand tools, coated & bonded abrasive , building material, auto parts ,hardware
12 (Ankit Khanna) VNL. Gujarat, India
Mob: +91 -9873194851
Email:[email protected]
Looking for Importers/dealers of solar
India’s Healthcare Portal
The National Health Portal is an authentic and dynamic information source which can effectively be used by any treatment seeker/potential medical tourist from across the globe. At present, the portal covers accredited medical facilities which include medical centres, Ayurveda & Wellness centres and special category centre. Facilities are located in Tier
cities and the rest are in Tier II cities. The Healthcare Portal can be seen at http://www.indiahealthcaretourism.com/
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Duty Free Tariff Preference Scheme (DFTP) of Government of India
India announced the DFTP Scheme for Least Developed Countries (LDCs) in the year 2008. In order to expand trade with Africa, India amended its Duty Free Tariff Preference (DFTP) scheme to cover around 96 per cent of the tariff lines in April 2014. Only 1.8% tariff lines are under the exclusion list. Duty Free and Positive Lists cover about 98.2% of global exports of LDCs. Tanzania was the first LDC in Africa to convey its intention to join DFTP in June 2008. All formalities for the Scheme were completed and notified in 2009. Details of the DFTP Scheme are available on the following links: i) http://commerce.gov.in/trade/international_tpp_DFTP.pdf
ii) http://www.cbec.gov.in/htdocs-cbec/customs/cs-act/notifications/notfns-2014/cs-tarr2014/cs08-2014
iii) www.focusafrica.gov.in\DFTP_Scheme.html For further information on the DFTP Scheme kindly contact the High Commission of India at www.hcindiatz.org
I. Forthcoming Events – Tanzania
*Business Promotion Event in Morogoro ( March 2018) The High Commission of India will be organizing a business promotion
event in Morogoro focusing on India and Morogoro Region in collaboration
with Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA), in March 2018 at Morogoro. During the event, there will be presentations
on opportunities for business with India and some businesses will share their perspectives. There will be display of Indian products at the event.
* 7th Arusha Gem Fair (2-4 May 2018)
The Government of Tanzania in collaboration with the Tanzania Minerals Dealers Association (TAMIDA) is jointly organizing the 7th Arusha Gem Fair (AGF) which is scheduled to take place from 2-4 May 2018 at Mount Meru Hotel, Arusha. The AGF focuses on the development of reliable
gemstone markets as well as promoting trade by directly connecting all over the world.
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* Kilifair 2018 (1-3 June 2018) The Kilimanjaro tourism and industry fair will be held at Ushirika sports stadium in Moshi on 2-4 June 2017. More information at: http://www.kilifair.de/
* The 42nd Dar es Salaam International Trade Fair (28 June -08 July 2018) The 42st DITF will be held at the Mwalimu J.K. Nyerere Trade Fair Exhibition Grounds located along Kilwa Road in Dar es Salaam on 28 June to 8 July 2018. This is the largest trade fair in Tanzania. The Trade Fair provides exhibition space at the International Hall including Other Hall and an Open Area for outdoor space to display products such as machinery. Tanzania Trade Development Authority (TANTRADE) organizes and manages all the affairs of DITF. More information is available at http://tantrade.or.tz.
*Nane Nane 2018 (1-8 August 2018) The annual agricultural exhibitions will be held in different locations of Tanzania. These exhibitions will showcase technologies, innovations and products in the agriculture sector. vailable at http://tantrade.or.tz.
* East Africa Build (20-23 September 2018) The Instatrade Group, Tanzania and Expo Blue, Netherlands along with Tanzania Private Sector Foundation (TPSF) will be hosting the launch edition of East Africa Build 2018 ( East Africa’s International building materials, Construction equipment, machinery and products Trade Show) from the 29th -23rd September 2018, at Mliman City Conference Centre, Dar es Salaam, Tanzania. India ICT business/firms are encouraged to participate for further information contacts: P.O Box 3787
Undali Street, Upanga
Dar-es-Salaam, Tanzania
Tanzania: +255 693 304 505
India: + 91 8805 877 477 E-mail: [email protected] web: www.instatradegroup.com /www.nevilletrindade.com
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*Swahili International Tourism Expo (5-7 October 2018) Swahili International Tourism Expo is an event being held from 5th October to the 7th October 2018 at the Julius Nyerere International Conference Center in Dar es Salaam, Tanzania. The Expo focuses on inbound and outbound travel business to and within Africa. The event showcases the travel possibilities in Tanzania within & beyond the well-known attractions in 16 National Parks, around Mount Kilimanjaro and on the beautiful beach Island of Zanzibar. Conservation & Sustainable tourism, as well as tropical tourism and traveling within East Africa, are additional subjects to be promoted during S!TE 2018.
* Oil & Gas Tanzania (11-13 October 2018) This event showcases product from Petroleum, Oil & Gas industry. This regional trade event serves the resource-rich east African region and city of Dar-es-Salaam and Tanzania's major centre of oil and gas activity for many of the leading operators in the country. Trade visitors from all over East & Central African countries are being invited directly and in collaboration with several regional trade bodies in Kenya, Tanzania, Ethiopia, Uganda, Somalia, Mozambique & Congo.
* East Africa International Trade Exhibition 2018 (25-27 October
2018) East Africa International Trade Exhibition is a 3 day event. With an amazing array of products and services from all over the world, it gives visitors the opportunity to source cutting edge products and services as well as learn about and discuss the latest market trends. There is no other related trade exhibition in East Africa that delivers the same quality & quantity and variety of buyers and distributors.
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II. Forthcoming Events – India
*CAPINDIA 2018 (22-24 March 2018) Department of Commerce, Government of India in collaboration with The Plastics Export Promotion Council (PLEXCONCIL), Basic Chemicals, Cosmetics and Dyes Export Promotion Council (CHEMEXCIL), Chemicals & Allied Products Export Promotion Council (CAPEXIL) and Shellac and Forest Products Export Promotion Council (SHEFEXIL) will organize CAPINDIA 2018, 3rd Edition, a trade and networking event for the Chemicals, Plastics, Construction, Mining Industry and Allied Products will be held from 22-24 March 2018 at Bombay Exhibition Centre, Mumbai. Tanzanian business/firms are encouraged to participate for further
information contacts: Organization of Plastics Processors of India Executive Director, SribashDasmohapatra Tel: +91 22 26833951 / 26833952 Fax: +91 22 26833953 / 26834057 Email: [email protected]
Web: www.capindiaexpo.in
*5th SVUM 2018 International Trade Show For Development of Bilateral Trade Between Tanzania & India (11-15 April 2018) The event is organized by SVUM at Rajkot from Date 11 – 15 April 2018 with the objective of strengthening the business partnership with focus on sectors of high priority, enhancing capacity building initiative, skill development and resources mobilization programs by acting as a facilitator for exchange of Business, cultural and Tourism between Saurashtra Kutch – Gujarat India and Tanzania. Tanzanian business/firms are encouraged to participate for further information contacts: Parag Tejura
President
Saurashtra Vepar Udyog Mahamandal, Federation of Trade & Industry Saurashtra
Address: 304 - Rajat, Sardarnagar Main Raod, Rajkot. (Gujarat) India 360001. Cell Number :- +91 9426254611
Email:- [email protected]
Web:- www.svumshow.com
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Facebook :https://www.facebook.com/svumtradeshow/
*India Telecom conference 2018 (27-28 April 2018) India Telecom conference 2018 (10th edition of event) is India's leading international ICT platform for the global community to connect, debate, network and share knowledge. India Telecom is jointly organized by the Department of Telecommunications, Ministry of Communications, Government of India, and Federation of Indian Chambers of Commerce& Industry (FICCI), with support from several prominent industry associations since 2006. India Telecom is the largest gathering of ICT,
mobile, telecom operators, equipment manufactures and internet professionals in India, enabling participants to develop multinational and cross-industry contacts and partnerships, as well as to enhance their knowledge, expertise and abilities. Tanzanian business/firms are encouraged to participate for further information contacts: Ms. Sarika Gulyani Head - IT & Telecom Division, FICCI Cell Number :- 91-11-234874341
Email:[email protected] Web:www.ficci.com
*iPHEX-2018, Sixth Edition (8-10 May 2018) iPHEX-2018, organized by Pharmexcil, will showcase the entire spectrum of India’s pharmaceuticals and healthcare sector to the world. Over 80% space of IPHEX-2018 has already been booked by 300 pharma and related healthcare companies of India. All these companies are exporting globally. About 400 Indian companies are expected to exhibit in the show. Tanzanian business/firms are encouraged to participate for further information contacts:
Organization of Plastics Processors of India
Executive Director, Dr. Abhay Sinha
Tel: +91-11-45062550/+91-11-41536658
Fax: +91 22 26833953 / 26834057
Email: [email protected], [email protected]
Web: http://iphex-india.com
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*4th Edition of Global Exhibition on Services (15-18 May 2018)
The Department of Commerce, Ministry of Commerce and Industry, Services Export Promotion Council (SEPC), India Trade Promotion Organisation (ITPO) and the Confederation of Indian Industry (CII) are organising the 4th edition of the Global Exhibition on Services (GES) from 15 – 18 May 2018 at the Bombay Exhibition Centre, Mumbai. GES 2018 would showcase over 20 services sectors and is expected to see the participation from over 100 countries. The focus sectors include banking & financial services, education, energy services, environmental services,
exhibition & event services, facility management, healthcare, IT & telecom, logistics, media & entertainment, next gen cities, printing & publishing, professional services, railway services, retail & e-commerce, skills, space, sports services, starts-ups/SME, tourism & hospitality and wellness. GES will provide an ideal platform to build trade linkages & business tie-ups. Tanzanian business/firms are encouraged to participate for further information contacts: Chandrajit Banerjee Director General Confederation of Indian Industry The Mantosh Sondhi Centre 23, Institutional Area Lodi Road, New Delhi 110 003 Tel: 011-24621874 / 24629994-7 Fax: 011-2463316
*Technotex 2018 (28-29 June 2018)
Technotex 2018 is being organized jointly by Ministry of Textiles, Govt. of India and Federation of Indian Chambers of Commerce & Industry (FICCI) from June 28-29, 2018 at Bombay Exhibition Centre, Goregaon, Mumbai -India. The event will serve as the right platform for interaction between the Indian and Foreign companies from technical textile value chain. TECHNOTEX exemplifies the immense potential for trade and
investment between India and foreign countries in technical textile sector. Tanzanian business/firms are encouraged to participate for further information contacts: Mr. Manoj Mehta, Joint Director
Email: [email protected]
Mr. Nachiket Basole, Assistant Director
Mob: +91-9867312834
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E-mail: [email protected]
Mr. Amit Kakkar, Senior Assistant Director
Mob: +91 9654 258258 | Tel: +91 11 2348 7572 | E-mail: [email protected]
Federation of Indian Chambers of Commerce and Industry
Federation House, Tansen Marg, New Delhi - 110001
Tenders floated by Tanzania as of 13 March, 2018
No Tender’s For further information, please visit: www.ppra.go.tz
Websites for Economic and Business Opportunities on India
Interactive web-portal under the ‘Make in India’ programme:
www.makeinindia.gov.in
Health Portal for medical services/treatment/opportunities in India:
www.healthcareportal.com
Federation of Indian Chambers of Commerce & Industry (FICCI): http://www.ficci.com
Confederation of Indian Industry (CII): www.ciionline.org
Directory of Indian Suppliers (CII): www.indianindustry.com
Directorate General of Foreign Trade (DGFT): http://dgft.delhi.nic.in
India Trade Promotion Organization (ITPO): www.indiatradefair.com ; http://www.tradeportalofindia.com
Innovative Technology in Manufacturing: www.itm-india.com
Indian Exporters’ Guide: www.indianexporters.com
Export Promotion Organizations:
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http://tradeportalofindia.com/contentmgmt/Desktops2.html?compid=itpo&itemcode=I051
Federation of Indian Export Organizations (FIEO):
http://www.fieo.org
National Small Industries Corporation [NSIC): http://www.nsic.co.in
MMTC LIMITED - India's Largest International Trading Company: http://mmtclimited.com
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