Expanding trade with India

INDIA has formed a Myanmar chamber of commerce in Yangon to boost trade and forge closer economic ties with the country. The move follows Indian Prime Minister Narendra Modi’s visit here on September 5-7 and also comes after India imposed import restrictions on Myanmar’s pulses and beans last month. Currently, trade between the two countries […]

Indian multinational plans agricultural expansion

Indian multinational conglomerate Mahindra Group is looking for local partners across a range of sectors including agriculture and automobiles as part of a planned expansion into Myanmar, the group’s chief risk officer told The Myanmar Times. Mahindra has only a small footprint in the country, having partnered with local firm Bandoola to sell tractors back in […]

Tata targets building materials, machines

India-based Tata International will export heavy construction equipment to Myanmar at the start of September, said the company’s country head for Myanmar, Sunil Seth. Tata International, a trading arm of the Tata Group, has been exporting products to Myanmar for seven months, Mr Seth said on August 13. While it has previously focused on products […]