The study revealed distinct preferences in entry strategies, with 46 per cent of respondents opting for joint ventures
India's decision to remove retaliatory customs tariffs on some US products, including walnuts, has cheered up the California walnut industry, which is hopeful that the move will help it increase its exports to India and further firm up trade ties between the two strategic allies. Two days ahead of US President Joe Biden's visit to New Delhi to attend the G20 Summit on September 9-10, India dropped the retaliatory customs duties on about half a dozen US goods which were imposed in 2019 after America hiked its tariffs on certain steel and aluminium products coming from India. Welcoming India's decision, Pamela Graviet, Senior Director, Global Programmes, California Walnut Commission and Board, said it is a "positive step" that will improve bilateral trade relations. "Recently, the Indian government and the United States have been in discussions about mutually beneficial things, not just agriculture, but also across a wide variety of subjects. And, it was determined to remove a 20 per
The Goa Industrial Development Corporation (IDC) has decided to extend the validity of the "COVID-19 amnesty scheme" for industries by 30 days till September 22, a senior official said on Tuesday. "In light of hardships faced by businesses, the validity of this scheme, now running until August 22, has been extended for additional 30 days," said Pravimal Abhishek, Managing Director, Goa-IDC. The amnesty scheme was introduced on June 23 this year for a period of two months. This scheme aims to alleviate the financial burden and offer support to industries grappling with the consequences of the ongoing pandemic, including the disruption of supply chains, decreased demand, and operational challenges, Abhishek said. He said IDC understands the difficulties and uncertainties faced by industrial partners due to the COVID-19 pandemic and other factors. That is why we have decided to extend the validity of the scheme by another 30 days, giving them more time and opportunity to avail of the
Tariff cut ranges between 50 paise & Rs 1.75 per unit for existing and new investors