◆Economic partnership is the bedrock of India-Japan relations
【New Delhi】The fourth annual summit between the Prime Ministers of India and Japan, which took place in New Delhi on December 29, was an unqualified success, according to the Joint Statement. Neither India nor Japan budged an inch from their stand on the nuclear cooperation issue but both the countries acknowledged their differences. Describing the economic partnership as the "bedrock" of India-Japan relations, the Prime Minister Dr. Manmohan Singh said that the two countries have decided to expedite negotiations on the Comprehensive Economic Partnership Agreement (CEPA).
【ニューデリー】Maruti Suzuki India(MSI)、Hyundai Motor India(HMI)、Mahindra & Mahindra(M&M)、General Motors India(GMI)等の主要乗用車メーカーは何れも１２月の月間販売台数が二桁成長を遂げたと報告した。正式な統計数字はまだ出ていないが、業界は１２月の月間販売台数が１１月に次ぐ今会計年度２番目の高成長を遂げたと見ている。これまでに発表された数字からすれば、２００９年１２月の乗用車輌(passenger vehicle)の国内販売台数は１１万９９３０台と、前年同月の８万４０２台に比べ４９％の成長を記録した。（...続きを読む）
◆Domestic passenger vehicle sales grow 49% in December
【New Delhi】Car manufacturers such as Maruti Suzuki, Hyundai, Mahindra & Mahindra and General Motors reported high double-digit sales growth in December. The industry sees second-highest monthly growth after November. Domestic passenger vehicle sales for December 2009 grew 49 per cent to 119,930 units.
◆Nov exports up 18.2%, the first rise after 13 months
【New Delhi】India's foreign trade scenario presents an incipient sign of improvement. The country's exports registered a relatively robust 18.2 per cent growth in November, the first rise after 13 straight months of decline. Imports too dipped to just 2.6% during the month, the least in the last 11 months.
【New Delhi】Steel consumption rose by 7.7% to 40.98 million tonne during April-December 2009 over the same period a year ago at 38.04 million tonne on strong demand from automobile, infrastructure and consumer durables sectors.
【ニューデリー】鉄鋼省が公共民間両部門鉄鋼メーカーの突然の値上げがインフレに拍車をかける恐れがあるとの懸念を表明する中、国営鉄鋼会社Steel Authority of India Limited(SAIL)は７日、近く一部の製品を値下げする可能性を示唆した。（...続きを読む）
◆SAIL may slash steel prices
【New Delhi】State-run steel maker Steel Authority of India Limited on January 7 said it may cut prices of some of its products in near future after the reports of concerns being expressed by the Ministry of Steel that sudden hike in steel prices in the public and private sectors could lead to spurt in inflationary pressures.
【New Delhi】Two wheeler makers, which had formerly shifted the focus of their marketing strategies from the volume driven entry-level motorcycle segment to the high value power bike segment, are now introducing new models in the entry segment and competing to increase market share. The entry segment is in the limelight again.
【New Delhi】The government has offered duty benefits for 2,000 new products to sustain revival in exports. The measures will cost the exchequer about Rs 450-500 crore ($97.65m-108.5m) for the remaining period of this fiscal. Incentives have been announced to promote exports to China and Japan, too.
【ムンバイ／ニューデリー】インド政府は全国の国際貨物ターミナルに製薬製品特区(special zones for pharma products)を設ける計画だ。（...続きを読む）
◆Govt to build special zones for pharma at int'l terminals
【Mumbai/New Delhi】The Indian government is planning to create special zones for pharma products at international cargo terminals nationwide.
【ニューデリー】インド政府は１４日、国内の電力設備業者、例えばBharat Heavy Electricals Ltd(BHEL)を支援する狙いから、今後国内のメガ発電プロジェクト(mega power projects)に対する設備納入を輸出と見なし、税制優遇措置を適応すると発表した。（...続きを読む）
◆Power equipment firms get export sops on local supplies
【New Delhi】The Indian government on January 14 announced that it will consider domestic supplies to mega power projects as exports, which would entitle them to duty benefits, in a bid to help power equipment manufacturers like Bharat Heavy Electricals Ltd.
【ニューデリー】Pranab Mukherjee蔵相を長とする特別閣僚グループ(eGoM:empowered group of ministers)は先週当地で催された会議の席上、ウルトラ・メガ発電プロジェクト(UMPP:ultra mega power projects)が外国から電力設備を輸入するのを禁止する方針を決めた。こうした動きは、国営重電機会社Bharat Heavy Electricals Ltd(BHEL)やLarsen & Toubro Ltd(L&T)に恩恵を及ぼすが、電力料の上昇を生じさせるものと見られる。（...続きを読む）
◆Centre to curb UMPP imports
【New Delhi】An empowered group of ministers (eGoM), headed by finance minister Pranab Mukherjee, decided at a meeting here last week to bar ultra mega power projects (UMPP) from sourcing equipment from abroad—a move that would benefit domestic suppliers like Bharat Heavy Electricals Ltd and Larsen & Toubro Ltd, but could raise electricity tariffs.
【ニューデリー】中央電力監督委員会(CERC:Central Electricity Regulatory Commission)は１８日、再生可能エネルギー資源の利用と電力市場の開発を促進するための再生可能エネルギー証書(REC:renewable energy certificate)規則を発表した。（...続きを読む）
◆Renewable energy trade rules notified
【New Delhi】The Central Electricity Regulatory Commission (CERC) on January 18 notified regulation on renewable energy certificate (REC) to promote renewable sources of energy and development of market in electricity.
【Kolkata】The demand in the Indian electronics industry is likely to go up to $125 billion annually by 2014, and to $400 billion by 2020 from current $45 billion according to the recent report released by the ministry of IT and communications.
【New Delhi】Pursuant to signing up of Free Trade Agreement (FTA) with Asean member countries and with Korea in August 2009, the Indian government has recently issued notifications giving effect to custom duty benefits to specified products under these FTAs; these duty benefits are effective from January 1, 2010.
◆Auto industry heading towards excess capacity by 2012
【New Delhi】According to Fitch Ratings, by 2012, the existing players in the market are expected to add 0.9 million units to the 2.6 million units capacity of the passenger vehicle segment and 0.6 million units to the 0.75 million units capacity of the commercial vehicle segment. However demand is only expected to grow by 10-12 per cent every year.
◆Durables industry posts double-digit growth in Jan-Nov '09
【New Delhi】Benefited from robust demand for high-value goods such as LCD televisions, split air-conditioners and frost-free refrigerators, the consumer electronics industry marked a double-digit volume growth in January-November 2009.
【アーマダバード】韓国政府が１００％出資するKorea Land & Housing(KLH)、旧社名Korea Land Corporation(KLC)は、グジャラート州南部のGujarat Vittal Innovation City (GVIC)内に『韓国工業コンプレックス＆テクノロジー・ゾーン(KICTZ:Korean industrial complex and technology zone)』を開発する。インドのManmohan Singh首相と韓国の李明博(Lee Myung-bak)大統領は２７日、同プロジェクトが二国間の貿易と投資を飛躍的に加速させるとの共同声明を発表した。http://www.seanewsonline.com/seanews/fulltext/43049.htm（...続きを読む）
◆Korean industrial park to accelerate bilateral trade
【Ahmedabad】The Korea Land Corporation(KLC), now Korea Land & Housing, 100 per cent owned by the Govt of Korea, is setting up a "Korean industrial complex and technology zone" in south Gujarat at Gujarat Vital Innovation City (GVIC). The project is expected to accelerate the bilateral trade and investment linkages between the two countries in a big way, says a joint statement issued by Prime Minister of India, Manmohan Singh and Lee Myung-bak, President of the Republic of Korea (ROK) on Wednesday.
【New Delhi】Samsung India is planning to introduce 3D(three dimensional)-enabled LCD, LED and plasma television sets in the overseas markets by March-end, and will launch them in the domestic market by June.
【ニューデリー】インド電気通信局(DOT:Department of Telecommunications)は、地元の指導的電話会社２社、Bharti AirtelとTata Communications Ltd(TCL)に対し、Singapore Telecommunications (SingTel)との国際長距離電話(ILD:international long distance)契約を破棄するよう求める可能性を検討している。伝えられるところによると、SingTelはライセンスを取得せずに違法にインド国内でILDサービスを提供しているとされる。（...続きを読む）
◆TataComm, Airtel may be asked to end ILD pacts with SingTel
【New Delhi】The Department of Telecommunications (DoT) is considering to ask two leading private operators, Bharti Airtel and Tata Communications, to terminate their contracts with Singapore Telecommunications (SingTel), which was allegedly offering international long distance (ILD) services here without a licence.
【ムンバイ】マーケットリーダー、Maruti Suzuki India(MSI)、Hyundai Motor India(HMI)、Mahindra & Mahindra(M&M)、Mahindra Renault、Honda Siel Cars India Ltd(HSCI)、General Motors India(GMI)、Fiat India Automobile Ltd(FIAL)を含む主要カー・メーカーの１月の乗用車輛(car／sports utility vehicle／multi utility vehicle)国内販売台数は合計１７万５５２６台と、昨年同月の１３万１６３６台に比べ３３％増加した。（...続きを読む）
◆Passenger vehicle domestic sales rise 33% in January
【Mumbai】Passenger vehicle domestic sales including sales of cars, sports utility vehicles and multi utility vehicles from market leader Maruti Suzuki, Hyundai Motors, Mahindra & Mahindra, Mahindra Renault, Honda Siel, General Motors and even Fiat together grew 33 per cent to 175,526 units in January against 131,636 units sold in the same month a year ago.
【New Delhi】The Kirit Parikh committee on February 3 presented the report on fuel pricing to Petroleum Minister Murli Deora to recommend measures to allow auto fuels retailers freedom to decide their own pricing and an immediate increase in prices of kerosene by Rs 6 per litre and LPG rates by Rs 100 a cylinder.
◆Steel cos' sales shoot up on auto, durables demand
【New Delhi】In the wake of rising demand from automobile and consumer durable as well as construction sectors, top private steel makers including JSW, Essar and Ispat have begun the year on a strong footing with up to 30% growth in sales volume in January over the year ago period.
【ムンバイ】国営製鉄所Steel Authority of India Limited (SAIL)は２日、鉄鋼省が懸念を表明し、鋼材価格抑制措置も示唆する中で、鋼板価格をトン当たり５００ルピー引き上げると発表した。Tata Steel、Essar Steel、JSW Steel、Ispat Industries等も、インプット・コストの上昇を背景に追随するものと予想される。（...続きを読む）
◆SAIL raises flat product prices
【Mumbai】State-run steel maker Steel Authority of India Limited (SAIL) on February 2 announced a new round of hike in steel prices of Rs 500 per tonne for flat products, despite the steel ministry's concerns and suggestions to control rising steel prices. Tata Steel, Essar Steel, JSW Steel and Ispat Industries may also increase prices taking into consideration the rising input costs.
【New Delhi】The Gross Domestic Product (GDP) is projected to grow at a robust 7.2% in 2009-10, compared with 6.7% in 2008-09, on the back of broad-based industrial expansion, services growth and less-than-expected contraction in the agriculture sector.
【ニューデリー】インドと英国は１１日、政府筋が『一般枠組み協定(general umbrella agreement)』と形容する『民生用核協力共同声明(joint declaration for civil nuclear cooperation)』に調印した。（...続きを読む）
◆India, Britain ink joint declaration on nuclear co-operation
【New Delhi】India and the UK on February 11 signed a joint declaration for civil nuclear cooperation which officials described as a "general umbrella agreement."
【コルカタ／ニューデリー】Honda Motorcycle & Scooter India Ltd(HMSI)が当初４００クロー(US$8680万)を投じ第２工場の建設を計画すれば、地場オート・メジャーMahindra & Mahindra(M&M)はスクーター販売の好調を好感し、今年内に各種モデルを揃えてモーターサイクル市場に本格進出する構えだ。（...続きを読む）
◆HMSI to set up second plant, M&M to enter bike segment
【Kolkata/New Delhi】Honda Motorcycle & Scooter India (HMSI) intends to set up its second plant in the country with an initial investment of up to Rs 400 crore($86.8m). Auto major Mahindra & Mahindra, after making good progress in the scooter market, is all set to foray into the motorcycle segment with a full range of products by this year.
◆M&M ties up with Mitsubishi to make rice transplanters
【Mumbai】Farm equipment and utility vehicle major Mahindra & Mahindra (M&M) on February 11 signed a technical license agreement with Mitsubishi Agriculture Machinery Co (MAMC) to make rice transplanters for the Indian market as well as for exports.
【New Delhi】Despite overall improvement in business scenario, sale of personal computers has failed to pick up in the first six months of the financial year 2009-10. Domestic personal computer sales rose by just one per cent to over 37 lakh units during the period. However, the PC industry expects sales to pick up in the second half primarily driven by an improved business sentiment.
【ハイデラバード】鉱山開発と鉱石貿易を手がける国営商社National Mineral Development Corporation (NMDC)は、３月に国内鉄鋼メーカーと次期会計年度の鉄鉱石供給契約交渉を行う際には、国際価格にリンクしたこれまでの価格設定方式を改め、新たな価格メカニズムを提案する方針だ。（...続きを読む）
◆NMDC doing away with the benchmark of international prices
【Hyderabad】National Mineral Development Corporation (NMDC) is doing away with the existing system of fixing prices against the benchmark of international prices and will be coming out with a new pricing mechanism when it re-negotiates iron ore supply contracts with domestic steel makers in March for the next fiscal.
【New Delhi】The overall sales of Indian personal computer (PC) market touch 1.97 million units during the fourth quarter of calendar year 2009, recording a 25.7 per cent year-on-year growth, according to market researcher IDC.
【Mumbai】The combined printer, copier and multifunctional product (MFP) market in the country totalled nearly 7 lakh units in the fourth quarter of 2009, which represents 34.7 per cent growth over the fourth quarter of 2008 and 18 per cent growth compared to the third quarter in 2009.
【ニューデリー】自動車市場の活況が持続する中、消費税率引き上げを見越した新年度予算案前の駆け込み購入も手伝って主要自動車メーカーの２月の乗用車販売は激増、中でもGeneral Motors India(GMI)の販売台数は１２６％、Toyota Kirloskar Motor Pvt Ltd (TKM)のそれは１０１％の伸びを見た。（...続きを読む）
◆Car sales zoom in February, GM jump 126%, Toyota 101%
【New Delhi】Sustained buoyancy in the market and pre-Budget sale in anticipation of an excise duty hike led all major auto companies to clock record sales in February. Sales of General Motors India grew 126 per cent and Toyota Kirloskar Motor Pvt Ltd sales too grew 101 per cent.