India-Australia Trade Deal A Win For Alcohol Beverage Industry
NDTV
The Confederation of Indian Alcoholic Beverage Companies welcomed the ratification of the India-Australia FTA by the Australian Parliament.
The Free Trade Agreement is a win-win for both India and Australia as it would open up the Indian market for quality Australian wines and also help the Indian wine industry evolve while further benefiting from the expertise and investment from their Australian counterparts, said Vinod Giri, Director General, Confederation of Indian Alcoholic Beverage Companies.
The Confederation of Indian Alcoholic Beverage Companies welcomed the ratification of the India-Australia FTA by the Australian Parliament and said this would take the trade ties between the two nations to newer heights.
Mr Giri said quality Australian wines would certainly benefit from easier market access to India and the Indian wine industry would gain from the technical collaboration and potential investment coming from Australia and said he was happy to add that the industries on both sides are fully supportive of the FTA and even before the FTA was ratified, the two industries have already begun collaboration through Australia Grape and Wine and CIABC.
CIABC added that the FTA envisages a time-bound resolution of the Australian laws that, in the Indian industry's viewpoint, restrict the export of Indian liquor products to Australia.
The BJP-led Mahayuti alliance, which includes the Shinde Sena and Ajit Pawar's NCP, is en route to a thumping win in the 2024 Maharashtra Assembly election, thanks to its two smaller allies.
The Shiv Sena (Uddhav Balasaheb Thackeray) leader said the results are not acceptable to his party and the opposition Maha Vikas Aghadi coalition.
The Adani Group said that none of its 11 public companies are implicated or accused of any wrongdoing.
The MVA had only been given a (very) slim chance of upsetting the in-power BJP-led alliance's applecart in this election; only one of 11 exit polls studied by NDTV believed it can win.
The first phase saw voting in 43 constituencies, while the second phase saw 38 seats up for grabs. Chief Minister Hemant Soren's Jharkhand Mukti Morcha (JMM), leading the ruling INDIA alliance, faces a fierce challenge from the BJP-led NDA.
Assembly Election Results 2024: Maharashtra's 288 voted Wednesday in a single phase, and an average of 11 exit polls gives the ruling Mahayuti 155 seats.
Bypoll Assembly Election Results 2024 Live: Bypolls were held on 48 assembly seats in 14 states including Uttar Pradesh, Madhya Pradesh, Punjab and West Bengal.
During the event, Prime Minister Narendra Modi was honoured (in absentia) with the Dr Martin Luther King Jr Global Peace Award for Minority Upliftment.
The DMK MPs held a meeting today to discuss what they called the BJP-led Centre's betrayal of the state and its people
Meanwhile, Kamlochan Kashyap, DIG South Bastar said a joint operation has been planned after getting information about the movement of a group of Maoists in the area.
It happened around 11 am when a youth from Sevdha village came on a motorcycle to the Indian Oil petrol pump in Dulhapur village and asked for a refill worth Rs 100, Superintendent of Police Brijesh Kumar Srivastava said.