Russia has expressed interest in investing in projects like Delhi-Mumbai Industrial Corridor (DMIC) and smart cities besides railways, and public transport, Commerce and Industry Minister Suresh Prabhu has said.
Union Commerce Minister Suresh Prabhu Sunday said that India had “late-mover advantage” when compared to the Western world in creating infrastructure in a “green, clean and environment-friendly” way.
Both sides deliberated on opportunities for cooperation and investment in both countries.
While commerce minister Suresh Prabhu deliberates on how to reduce imports—he heads an inter-ministerial committee on this—he would do well to look at a strategy different from the one followed so far; basically, the strategy has been to hike duties
India and Azerbaijan have agreed to take steps to boost bilateral trade as the two-way commerce between the countries was far below the potential, an official statement said Friday.
Infrastructure companies need to work on innovative instrument to attract global funds, says Suresh Prabhu
Stating that there is no dearth of funds, Commerce and Industry Minister Suresh Prabhu Friday said there is a need to work on innovative instrument and structure to attract global money for investment in infrastructure sector.
“We have the largest captive audience in the world and hence our land parcels have huge commercial value,” declared an emphatic Suresh Prabhu in February 2017 at the inauguration of the ambitious Rs 1 trillion station redevelopment plan.
Union Commerce and Industry Minister Suresh Prabhu said that the problem of extortionate prices of fuel have been raging since decades. “The first oil shock came 45 years ago.
Commerce and Industry Minister Suresh Prabhu Friday proposed to double bilateral trade with Iran in the next five years from the current level of USD 13.8 billion, an official said.
The commerce and industry minister Suresh Prabhu recently mentioned that the soon-to-be-unveiled industrial policy will enable a modern, globally-competitive and innovation-driven Indian industry ecosystem.