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India Weekly Update with Tom Thomas

VOLUME 1/ISSUE 27 - July 16th 2021

· News from Scotland and Beyond
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STANDARD & POOR RATES INDIA’S ECONOMIC OUTLOOKAS STABLE: Standard & Poor affirms India’s economic outlook as ‘ BBB-‘ and stable, showing that the Indian economic recovery from effects of the pandemic.

UK Minister celebrates UK exports of Apple to India, for the first time in fifty years: UK International Trade Secretary celebrates export of apple from UK to India for the first time in fifty years. A sign of the UK India Enhanced Trade Partnership in action.

Renewable Energy Equipment: If you want to sell in India, you must manufacture here, says Power Minister: Renewable energy equipment manufacturers intending to sell in India to cater to the huge requirements, must plan to manufacture in India says India’s Power and Renewable Energy Minister R K Singh.

Draft National Drone Policy introduced with many relaxations to existing rules: India’s Civil Aviation Minister Jyotiraditya Scindia has released the highlights of a draft of the new national drone policy which has many relaxations proposed to existing rules to encourage the growth of the droneindustry.

"There are proposals and MoUs submitted worth Rs 23,000 crore, taking the total investment to Rs 1 lakh crore," - B S Yediyurappa, Chief Minister Karnataka State

OFF-BEAT: KARNATAKA LEADS THE WAY WITH MOUS SIGNED FOR INVESTMENTS IN NEW PROJECTS Karnataka State has inked MOUs for Investments with leading companies in areas such as EVs, data centers, aerospace to set up projects in the State.

Quote-Unquote

“Our apples are on the way to India for the first time in 50 years thanks to the Enhanced Trade Partnership.” Liz Truss, UK International Trade Secretary

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