The federation expects to end the fiscal 2016-17 with an export of about $270-275 Billion as against $262 Billion in the previous year.
According to associations and rating agencies, the domestic sugar production is set to decline by around 19% to 20.3 million tons during SY (sugar year) 2017.
Under the agreement, Tata Africa, a subsidiary of Tata International, will be the distribution partner for Puzzolana’s crushing and screening business in the continent.
While the talks with various players are at different stages of discussions, some deals are likely to be firmed up in the coming months.
Addition of new homes in the city's mid-segment residential real estate market saw a three-fold jump last year, mainly because of political stability in the region.
Kribhco, the country's second-largest urea producer, is setting up a $230-million joint venture with Morocco-based OCP to produce DAP at Krishnapatnam in Andhra Pradesh.
While two restaurants already are up and running in Hyderabad, Grid Logic is preparing to open 8 more restaurants by March next year.
The company also plans to set up two solvent-based extractor plants and increase the capacities of the existing facilities.
Liquid milk procurement prices this month have begun to rise with early bouts of summer, taking the prices to Rs 28-28.5 a litre
Analysts and industry representatives expect the industry to return to normalcy in capital expenditure in the next fiscal if improvement in margins is sustained.
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