India Business Newsletter
April 16 - April 30, 2021
Greetings from Consulate General of India,
New York!
Welcome to the April 2021 edition of our newsletter, bringing you important policy and high-impact news about India.
We hope you find it useful.
A Forum for Indian Businesses in North East USA

(Covering: Connecticut, Maine, Massachusetts, New Hampshire,
New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Vermont)
Climate Summit: PM Modi, Joe Biden launch India-US clean energy initiative

Prime Minister Narendra Modi Thursday announced that India and the United States have decided to launch a joint clean energy initiative to help other developing countries with affordable access to green finance and clean technologies.
Covid: Bharat Biotech to boost Covaxin output to 700 mn doses per year

Indian refiners plan to buy less oil from the Middle East in the coming months as OPEC+’s supply restrictions makes U.S. crude more attractive.
Biden says US set on helping India with pandemic


President Joe Biden says the U.S is determined to help India as it grapples with a surge in coronavirus cases. In a tweet Sunday, Biden said, “Just as India sent assistance to the United States as our hospitals were strained early in the pandemic, we are determined to help India in its time of need.”
Commerce ministry starts COVID-19 helpdesk to resolve import, export issues
The commerce ministry on Monday said it has started a COVID-19 helpdesk to help resolve issues of exporters and importers pertaining to international trade such as customs clearance delays and banking matters. Click here, to download and read the trade notice.

Remdesivir: Gilead to help India boost production, promises 450,000 vials
Gilead Sciences Inc will give India at least 450,000 vials of its COVID-19 drug remdesivir and donate active pharmaceutical ingredients (APIs) to boost production, it said on Monday.
J&J seeks DCGI nod for clinical trial of single-dose Covid vaccine in India
Global healthcare major Johnson & Johnson on Tuesday said it has sought an approval from the India's drug regulator to conduct a bridging clinical trial of its single-dose Covid-19 vaccine in the country.
Coronavirus India Live Updates: DCGI approves use of Zydus Cadila’s ‘Virafin’ for treating moderate Covid cases
Drugs Controller General of India (DCGI) approves emergency use for Zydus Cadila’s Pegylated Interferon alpha-2b, ‘Virafin’ for the treatment of moderate Covid-19 infection in adults.
United Nations offers aid of integrated supply chain to India amid Covid spike
As India battles a crippling surge in COVID-19 infections and deaths, the United Nations has offered the assistance of its integrated supply chain and is “willing to help in whatever way it can, a spokesperson for UN Secretary-General Antonio Guterres has said.
WHO to provide 4,000 oxygen concentrators to India amid surge in COVID-19 cases

The World Health Organization (WHO) will provide 4,000 oxygen concentrators to India which is experiencing a surge in COVID-19 cases and related deaths, a spokesperson of the global health body said on Tuesday. "WHO is providing critical equipment and supplies to meet the increased needs during the current surge.
Deloitte CEO Commits To Get 20,000 Oxygen Concentrators To India In The Next Few Weeks

With a coalition of multinational companies, Punit Renjen, the Global CEO of Deloitte announced on a LinkedIn post that more than forty CEOs of multinational companies have come together to help India fight against the second wave.
Mastercard to Donate $10 Million to Address India’s COVID-19 Crisis

Mastercard today announced a US$10 million (approximately 75 crore rupees) commitment to directly address critical COVID-related needs in India. The philanthropic efforts, delivered through the Mastercard Impact Fund, will focus on three priority areas – access to hospital resources, access to additional oxygen supplies, and continued support of the company’s employees across the country.
Amazon, Intel, Google, More Companies Step Up to Combat India's COVID-19 Crisis
Global and Indian firms are flexing their industrial muscle to help the world's second-biggest population battle coronavirus, coming to the rescue of a public health system buckling under the weight of surging infections and deaths. Amazon, Intel, and Google, as well as Indian firms Tata Sons, Reliance, and JSW Steel have pitched in with everything from airlifts of medical equipment and funding pledges to making medical oxygen.
Consulate General of India, New York and MPIDC, Government of Madhya Pradesh organized an innovation showcase featuring start ups from MP on April 17, 2021

A number of innovative ideas in a variety of sectors from Defense to Waste Management to Health-care were presented.
Address: Consulate General of India,
3 East 64th street (Between 5th and Madison Avenues),
New York, NY 10065