India trade agreement roadshow to tour Australia in April-June

As part of its mandate to further enhance India’s digital drive in the travel and tourism industry. the Federation of Indian Chambers of Commerce and Industry (FICCI) is organizing the fourth edition of the Digital Travel, Hospitality & Innovation Summit 2022 on May 6 at FICCI, Federation House in New Delhi.

Citizens of India want to leave an impact on the planet by prioritizing spending on sustainable products and contributing to local businesses, as per the American Express Trendex report. 87% of India respondents always or often purchasing sustainable products and 97% are interested in spending money on items that will have a positive impact on local businesses and communities, which is highest amongst all the other surveyed countries. Good news...

After much delay, steps are finally being taken to move things along at Air India. The airline was acquired by the Tata family from the government earlier this year. It was officially handed over to the Tata Group, which paid close to $2.4 billion for the debt-ridden carrier last October that has losses worth $9.5 billion.

India’s previous ban on cryptocurrency was overturned in April 2020, leading to a booming cryptocurrency market.

The growth within India’s economy will directly contribute to a boost in the middle-class population, resulting in increased wealth and disposable income for years to come.

In March of 2020, Indian Prime Minister Narendra Modi enacted a harsh lockdown and axed all entry visas for foreigner visitors due to the severe threat presented by the coronavirus pandemic, effectively shutting the country’s borders to the international tourists.

The rule, that mandates 10 days of self-isolation for travelers arriving from India, also apply to many other countries using Covishield, including most African ones.

With the pandemic wreaking chaos on financial markets and company finances around the world, certain industries and sectors have been hit hard whilst others have been a beneficiary of the disruption. India encapsulates both extremes with record-breaking deals on one end of the spectrum and high level of distressed companies that have seen their businesses decimated by Covid on the other.

In a first for Indian Railways (IR), the government intends to allow private enterprises to create and operate new, premium passenger services on the country’s rail network. This creates partnership opportunities for Australian companies with relevant rail and finance experience, who should track the course of this procurement.