Connecting Businesses with Opportunities in India
Connecting Businesses with Opportunities in India

Worth Your Attention

"IKEA held our hand through the journey — training, counselling and guiding us and our workers at every step," says Zafar Iqbal Ansari, chairman, Eastern Home Industries.Ansari's factory, the one dedicated to IKEA, employs 2,000 people (up from around 100 in 2008-09), 300 of whom are women. The Swedish multinational helped organize training programs for women to make them employable.

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To scale up the trade relationship, President Obama announced $4 billion in government-backed investments and lending to India - $1 billion would be used to finance exports of 'Made-in-America' products, while another $1 billion will be made available to small- and medium-sized enterprises in underserved rural areas of India. Investment worth $2 billion will be committed for renewable energy in India, President Obama told a gathering of 50-odd top business leaders.

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