MARKET & ECONOMY​

Sectors already identified by the Department of Promotion for Industry and Internal Trade (DPIIT) in consultation with other ministries include capital goods and machinery, mobile and electronics, gems and jewellery, pharmaceuticals, textiles and garments.

After a 56 years’ long journey, BASANT Wire Industries P. Ltd has changed its name to reflect its current business profile and more focus of solutions and service as compared to only products.

Textile manufacturers in Belarus are planning to explore new partners and step up exports to the European Union (EU), according to Tatyana Lugina, head of Belarusian light industry concern Bellegprom, who recently noted that the 2020 targets have to be met despite the industry situation being tough due to closed borders, falling purchasing power and other reasons.