Decision to allow "Wine and Dine" in GIFT City was taken to connect businessmen coming from abroad socially: Gujarat Minister aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Export of India-made spirits expected to surpass USD 1 billion mark webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.
The investment, valued up to Rs 6.75 billion, will catalyse the development and operation of the Bhogapuram International Airport (BIA), marking a key milestone in the financial partnership announced earlier this month, , Vishakhapatnam, airports
GMR Airports Infrastructure said the investment is part of the financial partnership announced on December 2022 between the two parties, in relation to investment by NIIF in the equity capital of three airport projects of GMR Airports.
The export of spirits manufactured in India is expected to cross $1 billion mark soon. Speaking on the subject, Agrawal stated, "Global market of alcoholic beverages stands today at USD 130 billion and Indian exports of these products was USD 325 million in 2022-23. As the global demand for Indian spirits is growing, we expect that in a few years exports of Indian spirits will cross USD 1 billion. In our negotiations for a free trade agreement with the countries we are trying to get duty concessions for Indian spirits".