Russia, India and US sanctions
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Eli Lilly plans to invest over $1 billion in India to bolster the company's manufacturing and supply capacity by collaborating with local drugmakers. This investment aims to increase the availability of key drugs for treatments of obesity,
ACG, a supplier and service provider for drug manufacturers, is pu | ACG, a supplier for solid dose drug manufacturers, is pumping $200 million into what will be the India-based company’s first empty-capsule production facility in the U.
India and the United States are “very close” to the first tranche of a bilateral trade agreement (BTA) with broad convergence reached on most issues, a senior official said on Friday, adding that the two sides have begun drafting the language of the pact.
Analysts expect Indian refiners to adapt swiftly to US sanctions on Lukoil and Rosneft by rerouting supplies through intermediaries and boosting imports from other regions, ensuring minimal impact on overall crude availability despite higher costs.
Goyal’s visit is part of India’s broader push to enhance its economic footprint in Europe and coincides with the 25th anniversary of the India-Germany Strategic Partnership in 2025, marking a significant milestone in bilateral ties.
A potential trade deal between India and the United States is likely to significantly benefit companies in the textile, IT, and shrimp sectors. The tariff reduction will improve exports and profit margins for companies such as Tech Mahindra,