Auto exports from India's auto exports are expected to reach 25 billion dollars in the next decade. According to Union Minister Commerce and Industry Kamal Nath, the government will help to allow the auto industry to expand to other parts of the world. More foreign countries should be making India their choice for design and manufacture of automotive components

According to a study by Mercer, India-based multinationals have been forced to a address numerous new policy issues. The most common issues that multinationals have had to deal with are those pertaining to international assignments. Companies have been trying to reduce costs by hiring local staff instead of making an expatriate assignment.

According to a senior government official, investment in Special Economic Zones (SEZs) will hit RS 2 trillion by the end of 2009. The government has given official approval to 513 SEZs and 138 others have been granted in-principle approval till date. Investments in SEZs should generate approximately 8 million jobs.

Moderation in the economy in the short-term could be because of high inflation, rising commodity prices, high oil prices, increasing fiscal deficits and global uncertainties, Edelweiss said in its annual report. The Indian debt market would continue to perform better provided issues such as non-availability of trading platform, central clearing and settlement, stringent documentation requirements and secondary market volumes are addressed, the report said.

Sugar prices in India may sky-rocket this coming season unless the government release 5,000,000 tonnes of the sweetener into the open-market, for the October-December quarter. In response to this the government ordered 3,000,000 tonnes of sugar to be released into the market this however proved to be difficult as the mills have not complied as such the Centre issued show-cause notices to each of them. To make things worse it has been discovered that these mills are defaulters and had no sugar to release as they had already exported the buffer stock or sold it at high prices in a supply-strained market.

India's tea exports declined from 25 percent to 10 percent to preferred suppliers like Kenya and Turkey, an ICRA study points out. In term of the country's exports annual growth rate, tea exports have declined 2.6 per cent between 1998-2007 period.In 2007, the exports declined by 28.4 percent at 156.7 million kg.

The 2 sides took note of the global macro economic issues and the matter of climate change. At the end of the meeting, both the Finance Minister and the Chancellor agreed to reduce GHG emissions without compromising growth and development, and to work towards the creation of a larger and deeper carbon market, and to explore the possibility of providing the necessary financial flows and technology transfers to developing countries.

Nearly 330 companies from 50 countries, including the US, Britain, Russia, France, Germany, Italy, Israel, Belgium, Brazil, Spain, Ukraine and the Netherlands, and 230 from India will set up their exhibits known as Aero India-2009 to be held at Air Force Station Yelahanka in Bangalore on February 9, 2009.

After a year Negotiations between ASEAN(Singapore, Thailand, the Philippines, Indonesia, Malaysia, Brunei, Vietnam, Laos, Cambodia and Myanmar) and India, New Delhi has agreed to cut import tariffs to around 5 percent from around 30 percent on agriculture products and textiles by the middle of next year.

Inflation rose from 12 percent to 12.1 percent for the week ended July 26, and are expected to be higher in the next fiscal period. Inflation rose from 12 percent to 12.1 percent for the first time in 13 years. 0.1 percent rose in food products, 0.4 percent in non-food articles and 0.4 percent in textiles. Similarly, primary articles were up 0.1 per cent and chemical and chemical products 0.5 per cent. Fuel and petroleum, however, remained high.