15
Thursday
November 2018
9:59 PM IST
News Headlines
Jailed Om Prakash Chautala Expels Older Son For "Anti-Party Activities"        ISRO Launches Communication Satellite, Has 'Geo-Eye' To Monitor India        US Vice President Mike Pence takes Myanmar’s Aung San Suu Kyi to task over treatment of Rohingya        Sri Lankan Parliament passes no-trust vote against Rajapaksa        Mitchell Starc released from IPL contract ahead of Ashes, WC        World Championships: Older, wiser, stronger Mary Kom attempts to win 6th global title        India to host Italy on grass in Kolkata        It won't be easy for Mary Kom, says High Performance Director Nieva        Sensex rebounds 332 pts on easing crude, rupee gains        Govt mulls second round of 2,500 MW medium-term PPA auction        UK says Brexit deal 'almost within touching distance'        Trump criticises Macron again over European defence remarks        Infiltration bid foiled by Army in J&K, two terrorists killed        Delhi's pollution remains 'severe' as light showers further deteriorates air quality: authorities        Flipkart Group CEO Binny Bansal quits over 'serious personal misconduct' charges        Preparing for Australia tour by watching videos: Shami        India invites Swedish companies to explore investment opportunities        Govt cancels ED officer Rajeshwar Singh's leave        175 dead, over 10,000 affected by Nigeria cholera outbreak        Lankan parties move SC against Parliament dissolution by Prez Sirisena        
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | Health   | About Deepika 
Business News
Prabhu urges India Inc to identify priority sectors in Kenya
 
New Delhi, Aug 27 (PTI) Commerce Minister Suresh Prabhu has asked Indian businesses to carry out a market study to identify priority areas for expanding cooperation with Kenya, as the country eyes fresh avenues to boost bilateral trade with the African nation.

The Eighth Session of the India-Kenya Joint Trade Committee meeting was held in Nairobi, the capital city of Kenya from August 22-25.

"Addressed the India-Kenya Joint Business Council today in the presence of industry leaders & business representatives from both countries. Invited Kenyan businesses to invest in India and urged Indian businesses to research key priorities & design products specific to Kenyan needs," Prabhu tweeted after the meeting.

During the visit, he also met Kenya's Foreign Affairs Chief Administrative Secretary Ababu Namwamba

and discussed with him on exploring new avenues of cooperation, mutual growth and strengthening of diplomatic ties between the two countries.

"We are keen to explore new opportunities in logistics, agriculture, energy, pharma and many other sectors with Kenya," the minister had tweeted after landing in Kenya.

The joint trade meeting took place against the backdrop of India's exports to Kenya dropping to USD 1.97 billion in 2017-18 from from USD 4.11 billion in 2014-15.

India's imports from Kenya too slowed down from USD 117.42 million to USD 72.57 million during the same period.

In his address to the Kenyan and Indian business leaders, Prabhu emphasised on research and design in products specific to Kenyan needs.

India also explored opportunities to increase exports of petroleum products, cars and motorcycles, and mobile phones to Kenya during the meeting, sources said.

The meeting covered India's contribution in implementation of Kenya's Big Four Agenda food security, affordable housing, universal healthcare and manufacturing, expansion and diversification of bilateral trade - an official statement said.

The two sides also deliberated upon issues like Kenya's readiness to join the International Solar Alliance, implementation of Lines of Credit of over USD 220 million, extended by India in power transmission, SMEs development, revival of the Rivatex factory and agricultural mechanisation.

A meeting of India-Kenya Joint Business Council was held on the sidelines of the joint trade committee meeting.

India is one of Kenya's largest trade partners and the second largest foreign investor in Kenya. Indians are the third-largest group of tourists to Kenya.

The last meeting of Joint Trade Committee was held in New Delhi in February 2015.


Sensex rebounds 332 pts on easing crude, rupee gains
Govt mulls second round of 2,500 MW medium-term PPA auction
India invites Swedish companies to explore investment opportunities
Govt cancels ED officer Rajeshwar Singh's leave
Facebook blocks 115 accounts ahead of US midterm elections
Indian norms on PCA, capital are conservative, rule-based: SBI
SBI back in black on credit growth
TN transport employees threaten to go on strike
Ease of biz ranking: Indian can improve further, says Jaitley
Rupee declines 11 paise to close at 73.27 against US dollar
Gold rises in futures trade; up 0.54% on global cues
Mistry announces startup fund on 2nd anniversary of his ouster
BSE gets Sebi's nod to launch Oman crude oil contract
Sensex cracks 34,000-mark, Nifty below 10,200 on weak global cues
Petrol pumps in Delhi on strike demanding VAT cut
RBI likely to stay on hold for rest of FY'19 : Report
Japan introduces Artificial Intelligence technology to ease business
Reliance Industries posts net profit of Rs 9516cr in Q2
Infosys Q2 net profit grows 10.3% to Rs 4,110 crore
Trillions in US net worth vulnerable to recession: IMF
KERALA NEWS
Sabarimala protests: Arrests up to 2061, Kerala HC warns police
 Thiruvananthapuram, OCT 27: As the number of people arrested for allegedly being involved in violent  
Vijayan urges UAE Keralites to back salary challenge
Sabarimala row: Protests against SC verdict continue
Balabhaskar's wife Lakshmi shifted to ICU
INTERNATIONAL NEWS
US Vice President Mike Pence takes Myanmar’s Aung San Suu Kyi to task over treatment of Rohingya
 (Singapore, Nov 14, 2018):The violence which drove 700,000 Rohingya Muslims from Myanmar into
Sri Lankan Parliament passes no-trust vote against Rajapaksa
UK says Brexit deal 'almost within touching distance'
Trump criticises Macron again over European defence remarks
NATIONAL NEWS
Jailed Om Prakash Chautala Expels Older Son For "Anti-Party Activities"
 (New Delhi, Nov 14, 2018):In yet another escalation of the family feud, former Haryana chief
ISRO Launches Communication Satellite, Has 'Geo-Eye' To Monitor India
Infiltration bid foiled by Army in J&K, two terrorists killed
Delhi's pollution remains 'severe' as light showers further deteriorates air quality: authorities
Untitled Page
Rashtra Deepika LTD
Copyright @ 2018 , Rashtra Deepika Ltd.