|
India has overtaken China as the main exporter to Dubai, with a 30 per cent increase in trade in 2005
Media Release
Jun. 19, 2006

India has overtaken China as the main exporter to Dubai, with a 30 per cent increase in trade in 2005, official figures show.
Dubai Ports, Customs and Free Zones Corporation (PCFC) figures said that total trade had increased from Rupees 2692.62 billion (Dh 215.73 billion or $US58.7 billion) in 2004 to Rs 3505.75 billion (Dh 280.46 billion) in 2005.
India's trade with Dubai accounted for Rs 540.75 billion (Dh 43.26 billion) in 2005, an increase of 37.94 per cent over 2004, compared to China's Rs 280.75 billion (Dh 22.46 billion), an increase of 22.39 per cent over 2004.
He was quoted in the Emirates Today newspaper.
Dubai imported Rs 562.62 billion (Dh 45.01 billion) worth of semi-precious and precious stones and metals, including gold, and re-exported more than half, or a total of Rs 334 billion (Dh 26.72 billion).
OUTSOURCING ARTICLES
India has overtaken China as the main exporter to Dubai, with a 30 per cent increase in trade in 2005
Media Release
Dubai Ports, Customs and Free Zones Corporation (PCFC) figures said that total trade had increased from Rupees 2692.62 billion (Dh 215.73 billion or $US58.7 billion) in 2004 to Rs 3505.75 billion (Dh 280.46 billion) in 2005. READ MORE>>
India on Friday asked Kuwait to bring forth labour reforms that would bring all workers under the purview of the country's labour laws
Media Release
Abuse of Indian workers in Kuwait is a major issue... READ MORE>>
Swedish truck and bus maker Volvo said it will buy more components from India
Media Release
Swedish truck and bus maker Volvo said it will buy more components from India and that it expects the country's improving infrastructure to boost demand for its trucks. READ MORE>>
Offshoring trend to India reversed - Powergen, Britain's second-biggest energy supplier, is bringing back its call centre operations from India, leading to 980 British jobs being created by the end of the year
Media Release
The move, announced yesterday, forms part of a nascent trend of companies moving jobs back to Britain: Abbey was forced to shut its call centres in India last year after customers' reported unhappiness with the bank's 1000 call centre staff in Bangalore. READ MORE>>
Tata Consultancy Services is holding discussions with united utilities to acquire its business process outsourcing arm vertex
Media Release
As indicated in the past, acquisitions are a part of the company's growth strategy. Accordingly, the company considers from time to time various proposals for acquisitions and mergers READ MORE>>
Infosys intended to set up its largest campus yet at Mahindra City near Chennai
Media Release
Infosys intended to set up its largest campus yet at Mahindra City near Chennai where the company owns 125 acres of land. The Rs 1,250 crore facility will have a built-up area of five million sq ft READ MORE>>
Samsung India on Thursday said it would invest US$20 million on its expansion plans and for Research and Development in the country this year
Media Release
Samsung India on Thursday said it would invest US$20 million on its expansion plans and for Research and Development in the country this year, with plans to earn 27 per cent of its revenues from the IT segment. READ MORE>>
MORE ARTICLES >>
|