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Curbing steel imports will hurt small business... More gensets and diesel engines from TAFE Four daughters and a proud father ALL-two launches in a row Durga - India’s largest blast furnace; now operational Purdue and IIT-M sign the dotted line Focus on self-certification and third party inspection Techies trip to India TiE applauds innovative entrepreneurs Brand leaders come forward... Inclusive and forward moving... Pharma market dozes ALL to launch electric busses Tata Steel commence operations at Kalinganagar Blue Star plans a new plant in south Big-ticket investments march towards Punjab ALL – truck industry is recovering from degrowth Hyundai excites again Flexible labour laws… WABCO’s second Chennai plant Business Briefs Placing the right shoe forward... An aerospace-defence cluster in Tamil Nadu… European crisis is a global crisis! Industry-well poised to invest on expansion Schwing Stetter India joins hands with US-based Gomaco Economic issues take a back seat at G20 summit A global plastic event in India Indian Bank – global businesses crosses Rs 3 lakh crore... Airlines wage price war Applauding enterprise... TVS Logistics – another acquisition to sharpen the business model Waste, a gold mine BRICS development bank Investor friendly Japan Indigo stays leader with 40 per cent share CUB: towards card-less withdrawal Changing dynamics in human resource management Digital retail transactions stabilise at higher level… Auto test tracks launched at GARC Oragadam campus World labour laws at a glance Economic, business and social sustainability Hero Motocorp - smooth ride IFCI to raise NCDs upto Rs 2000 crore Innovation that helped Chennai port TOP 10 CEO Compensation People Flow Day- Safety Striking cords for 25 years… OBO Bettermann for better lightning protection Chennai to get a roundabout Metro Chennai Port is at last decongested! Illicit markets a concern to growing economy Rating of states to be released soon STFC raises money Is Indian telecom industry heading for a monopoly? Towards peace of mind Murugappa- a year of consolidation Celebration time at MS Chola Veritas Finance- financing the unfinanced An American alliance in the chemical industry? Nigeria comes nearer Chola MS net crosses 100 crores Climate change may change the way businesses work... Make way for the new and dynamic railways Strategy war escalates between Hero and Honda Connecting the unconnected Ridley marathon to India Backpack laboratory When Centre visits the state Sun Edison launches solar pumps TII’s single largest investment at Thiruthani Chola MS launches motor app TCS’ revenues cross Rs 100,000 crore ECGC expands operations Need to focus on ease of doing business... Nothing to hide... Smart controls for cooling large multi-zone spaces ... Realising double digit growth in Tamil Nadu LVB gears to become a financial supermarket Carrefour’s quick exit Housing Innovation Challenge, 2015 Steel loses its sheen Business Breif TN budget pragmatic and moderate on fiscal deficit TII-challenging year with flat growth Holiday Inn opens in OMR Chennai AirAsia India infuses funds to fight out competition Bridging the skill deficit in pharma industry Reality bytes Chennai will soon get its World Trade Centre SumInfra- corridor based development... Time to fast-pace the logistics sector Research needs more funding Apple maps – finding its way ISRO's 100th mission Automotive Vision Plan II... Creating Tamil Nadu Banana brand - Downsizing spree... Celebrating 180 years of relevance Well-refined – RIL’s refinery margins zoom The new look- 4s Verna Gem of social service... Secured NCDs from Shriram City Scoot offers just Rs.13,500 to ANZ... Three more leather clusters… On the ‘milky’ way Realty sector takes a break... Dynamic e-commerce scenario Adding Zest to Scooty
 
Nigeria comes nearer

The unexplored African continent offers abundant opportunities. It is just skill and contacts that are needed to tap the resources. Taking a step in that direction, Associated Chambers of Commerce & Industry of India (ASSOCHAM) has launched its offices in Nigeria.

The bilateral trade between India and Nigeria was USD 12.8 billion last year. India imports 25 per cent of all crude oil export from Nigeria. The annual trade between India and Africa stood at US$ 75 billion in 2015, making India the third largest trading partner of Africa.

India’s major trade commodity with Nigeria is still oil. The Nigerian Chamber of Commerce wished that this imbalance would change. Nigeria is a preferred partner in energy security and its concerns are similar to India in the sectors of security, transparency, employment and diversifying the economy into manufacturing and agriculture.

 

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