Ethiopia
(Source : Embassy of India, Addis Ababa)
Privatization: As part of the economic reform process announced by Prime Minister Dr. Abiy Ahmed of the Government of Ethiopia has decided to partially liberalize the economy on June 5, 2018. Accordingly, decision has been made to expand mixed ownership or full privatization of state-owned enterprises such as railway projects, sugar development projects, industrial parks, hotels and other manufacturing industries. In the first round Ethio Telecom, Ethiopian Airlines, Ethiopian Shipping and Logistics Service Enterprise and Ethiopian Electric Power Corporation would be privatized by inviting equity participation from domestic and foreign investors and public.
Malawi
(Source : High Commission of India, Lilongwe (Malawi)
Trends in India-Malawi Bilateral Trade (Trade Statistics India-Malawi, In US Million Dollars)
|
|
Bilateral Trade (2017-2018)
|
Bilateral Trade (2017-18 April)
|
Bilateral Trade (April-19 April)
|
% Change
|
|
Exports
|
199.60
|
45.53
|
22.19
|
-51.3%
|
|
Imports
|
16.45
|
1.08
|
3.71
|
243.9%
|
|
Total Trade
|
216.05
|
46.61
|
25.9
|
-44.4%
|
|
Total Balance
|
183.15
|
44.45
|
18.48
|
-58.4%
|
Source : www.commerce.gov.in
Top Ten Imports from India to Malawi (2017-18)
The main imports of Malawi from India are pharmaceuticals. Malawi as of 2017 imported 61% of its pharmaceuticals from India compared to the previous year’s 55%. The scope for more market share of the pharmaceuticals is still there in Malawi. The other products include printed books, articles of iron and steel, plastic and articles thereof and electrical machinery. Below is the list of top 10 imports from India to Malawi in 2017.
|
Rank
|
HS Code
|
Description
|
Value in US$ millions
|
|
1
|
30
|
Pharmaceutical products
|
106.2
|
|
2
|
85
|
Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television . . .
|
29.6
|
|
3
|
84
|
Machinery, mechanical appliances, nuclear reactors, boilers; parts thereof
|
26.8
|
|
4
|
49
|
Printed books, newspapers, pictures and other products of the printing industry; manuscripts, . . .
|
24.8
|
|
5
|
87
|
Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
|
16.4
|
|
6
|
73
|
Articles of iron or steel
|
14.6
|
|
7
|
39
|
Plastics and articles thereof
|
7.8
|
|
8
|
25
|
Salt; sulphur; earths and stone; plastering materials, lime and cement
|
6.2
|
|
9
|
72
|
Iron and steel
|
5.8
|
|
10
|
63
|
Other made-up textile articles; sets; worn clothing and worn textile articles; rags
|
4.6
|
Source: International Trade Centre (ITC)
Thailand
(Source : Embassy of India, Bangkok)
Seminar on “India ASEAN: Trade Relations & Way to Enhance Cooperation”
Bangkok, 18.07.2018
India-Thai Chamber Commerce, Bangkok in collaboration with Embassy of India organized a seminar on “India ASEAN: Trade Relations & Way to Enhance Cooperation” on 18th July 2018 at ITCC Convention Hall, Bangkok. The seminar was attended by Mr. Abbagani Ramu, Deputy Chief of Mission, Embassy of India, Bangkok, Mr. S.S.Phool, President, ITCC and other officers from Embassies of ASEAN countries in Thailand, ITCC members, Chambers, industrialists etc. The seminar was addressed by the eminent panelists from ASEAN countries. The panelists were: Ms. Kejpiron (Kate) Hohsuman, DDG, Department of Trade Negotiations, Ministry of Commerce of Thailand; Mr. Linga Setiawan, Minister Counsellor, Embassy of Indonesia; Ms. Nadia Sapee, Minister Counsellor, Embassy of Malaysia; Mr. Marciano, Brijmohan, Director, Singapore Thai Chamber of Commerce; Mr. Surapol Maneeping, Vice President, Thailand Cambodia Friendship Association; Mr. Rakesh Singh, Representative of Thai Chamber of Commerce; Mr. Arjan Goswami, Asian Development Bank; Dr. Amornthip Chawla, Head of Research Office, CIMB Thai Bank; Dr. Sanjay Kumar, Commercial Representative, Embassy of India. Panelists presented their views on the enhancement of India-ASEAN trade cooperation. Various dimensions of the cooperation viz trade, investment, tourism, people to people connectivity etc. were discussed. The Seminar ended with the Q&A session and was well attended by around 100 participants from Various Embassy, Trade Association and Thai and Indian business community.
Royal Enfield kick-starts Thailand, Indonesia subsidiary talks
Bangkok Post 18.07.2018
Royal Enfield, the manufacturer of classic motorcycles, is working to establish subsidiaries in Thailand and Indonesia on the wave of strong sales and growing brand awareness in Southeast Asia.The local subsidiaries will be in charge of all business aspects, said Arun Gopal, head of international business for the Indian motorcycle firm. The company is in talks with the investment bureaus of each country. "We are expanding our team and network in both countries after opening subsidiaries in North and South America," he said. "Thailand is such a mature market for premium motorcycles, while Indonesia has annual sales that are 20% less than here." The company wants to further build Royal Enfield`s reputation and achieve sales on a global scale, said Mr Gopal. Indonesia has annual sales that are 20% less than here." The company wants to further build Royal Enfield`s reputation and achieve sales on a global scale, said Mr Gopal.
Thais investing in India
Matichon 19.07.2019
Delta Electronics (Thailand) supported a high-level Tamil Nadu Government delegation visit to attract Thai investment to the South Indian province. The Tamil Nadu Government selected Delta as an outstanding Thailand-based investor to support its promotion activities in Thailand. The mission’s main aim is to attract international companies and investors to Tamil Nadu’s Global Investors Meet (GIM) scheduled to take place at the Chennai Trade Centre January 23-24, 2019.