India Growing agriculture

agriculture

Today, India ranks second worldwide in farm output. Agriculture and allied sectors like forestry and logging accounted for 16.6% of the GDP in 2007, employed 52% of the total workforce and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a significant role in the overall social-economic development of India.

India-Israel FTA to diversify trade

New sectors like information and technology (IT), agriculture and biotechnology would be broght into focus, diversifying away from the diamond-centric bilateral trade that Israel and India share at present, Ushpiz said at a programme organised by the Indian Chamber of Commerce.

The FTA would also help increase trade volumes, which currently stood at around $5 billion and would exceed $12 billion in another five years on the agreement. �It (bilateral trade) has the potential to touch $15 billion,� Ushpiz said.

The India-Israel FTA, talks for which have entered the third ...read full article....


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agriculture

India-Israel FTA to diversify trade

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