Showing posts with label USA Business News. Show all posts
Showing posts with label USA Business News. Show all posts

Feb 2, 2023

Indian American CEOs In United States Of America

Indian American CEOs United States America

Indian American CEOs In United States

Sundar Pichai Google CEO

Google CEO Sundar Pichai, one of numerous Indian Americans who have earned the top job at U.S. tech firms, Sundar Pichai grew up in a two-room rental in Chennai, India. At 12, he obtained his first phone, sparking a love of technology, a ardour for changing thoughts and a gateway to a world of expertise his parents encouraged him to explore. He studied first at the Indian Institute of Technology in Kharagpur and then at Stanford University in the coronary heart of America’s Silicon Valley. Pichai joined Google in 2004 and used to be named its chief govt officer in 2015. Pichai now leads hundreds of employees at the multibillion-dollar company. He is just one of the Indian Americans leading primary U.S. technology agencies whose ideas shape the world round us. In December 2022, India’s ambassador to the United States Taranjit Singh Sandhu awarded Pichai the Padma Bhushan, one of India’s best possible civilian honors. He called Pichai’s ride “inspirational” and said Pichai has strengthened U.S.-India financial ties while putting forward India’s contributions to international innovation. Pichai credit his family’s love of gaining knowledge of and his Indian heriitage for placing him on a course to success in the United States. “India is a part of me,” he said upon receiving the award. “I raise it with me anyplace I go.” Their success comes as more students acquired visas final year to study at U.S. universities from India than from any other country. In September 2022, the U.S. Embassy in New Delhi introduced it had already issued a record 82,000 visas to Indian students.

Microsoft CEO Satya Nadella 

Like Pichai, these Indian college students are seeking to study in the United States and build on the foundation they acquired in India before pursuing their dreams. Other Indian Americans who have risen to lead important U.S. tech groups consist of the following, Satya Nadella joined Microsoft in 1992 and led lookup and development for the company’s Online Services Division earlier than being named CEO in 2014.

Revathi Advaithi CEO Workforce

Revathi Advaithi has served as CEO of the science manufacturing and layout company Flex in view that February 2019, main a group of workers that spans 30 countries. “The American dream is all about challenging working and hazard taking,” Advaithi says. “If you work challenging and if you are suitable at what you do, then you will get all the possibilities that you deserve.”

Arvind Krishna CEO of IBM in 2020.

Arvind Krishna has labored at IBM for 30 years, assisting force innovation in emerging science fields such as synthetic intelligence, quantum computing and blockchain. He grew to become CEO of IBM in 2020.

Sanjay Mehrotra CEO of Micron Technology

Sanjay Mehrotra co-founded SanDisk and is presently CEO of Micron Technology, a semiconductor and microchip graph firm.

Shantanu Narayen Adobe’s Engineering

Shantanu Narayen began working in Adobe’s engineering and technological know-how team in 1998 before turning into CEO in 2007. He holds five patents. Raghu Raghuram joined the cloud computing and virtualization technology organisation VMware in 2003 and currently serves as CEO. Jayshree Ullal, born in London and educated in New Delhi and California, has led the cloud networking association Arista Networks for over a decade, increasing the organization into a multibillion-dollar business. Jayshree Ullal, president and CEO of Arista Networks, considered after the company’s stock started trading on the New York Stock Exchange. These outstanding Indian Americans exemplify the close cultural and economic ties between the United States and India. The countries’ shared pastimes include a dedication to democracy and promoting global security, steadiness and prosperity in the Indo-Pacific region and past via free trade and investment. The United States remains India’s biggest buying and selling partner, with bilateral trade between the countries attaining a report $157 billion in 2021.

Jan 19, 2023

World Economic Forum First Movers Coalition (FMC) Meeting

World Economic Forum First Movers Coalition Meeting

World Economic Forum First FMC Meeting 

India took part in the World Economic Forum's First Movers Coalition (FMC) Leadership Meeting. India Lounges at World Economic Forum (WEF) in Davos very nicely received; trip excessive footfall of traffic Secretary, Department for Promotion of Industry and Internal Trade (DPIIT),Shri Anurag Jain highlights India’s function in democratizing the digital ecosystem at the CII-EY Session at the WEF Posted On: 19 JAN 2023 9:05PM through PIB Delhi India participated in the First Movers Coalition (FMC) Leadership Meeting of the World Economic Forum which deliberated on the world want for easy strength technologies to confront local weather disaster globally. Industry leaders liked India’s battle towards COVID leveraging digital applied sciences and additionally expressed their appreciation for Government partnering with industry in its fight. Secretary additionally participated in a public WEF Session alongside Kono Taro, Minister of Digital Affairs of Japan where he highlighted efforts taken in the direction of data collaboration.  At the Europe for Indian Business hall aimed at catalyzing investments in sustainable infrastructure, Secretary highlighted the need to enable mutually really useful partnerships and facilitate investments for European companions in India. Secretary also held more than one one-on-one conferences with the industry leaders. The typical footfall in all the three lounges was once greater than 900 on the first day. India’s presence through three lounges has gained big traction and is widely discussed amongst the international business community and netizens amongst others. This has virtually amplified India’s participation at WEF Annual Meeting 2023 at Davos. India Lounge at Promenade sixty eight The hub for essential enterprise activities in Davos, the India Lounge was once bustling with interactions among world commercial enterprise leaders, stakeholders from media, senior officials from other governments, multilaterals etc. The day commenced with a high-powered open panel on ‘Building Unicorns 2.0’ observed by means of a closed-door roundtable on ‘Europe for Indian Business corridor’ which used to be aimed enabling collectively advisable partnerships which includes technological know-how transfer to allow investments and promote increase in the course of the funding lifecycle. The EU Bank has also shared it format for energetic engagement with India.  The India lounge alone noticed a footfall of greater than 450. Sustainability Lounge at Promenade forty nine There were two classes held at the Sustainability Lounge- the Road to net zero: the role of PPP and some other one on The lounge displayed insights on technological know-how for environment, financing, behavioral change, spirituality in consonance with environment had been discussed. This lounge too had excellent response with a footfall over 300 today. India Inclusivity Lounge at Promenade 63 The lounge used to be visited by Shri Ashwini Vaishnaw, Minister for Railways and Electronics and Information Technology. He was once impressed with the Craft Tracing Technology being showcased to apprehend the beginning of the products. The Minister for Health and Family Welfare additionally visited the lounge. He experienced the show of Augmented Reality of Channapatna Toys and the Virtual Reality immersion of Jalandhar Sports Goods. The lounge made available QR code giving small print of dealers for most of the merchandise displayed via virtual for further purchases/engagements on these products. The Union Ministers also had WEF periods on assorted matters of importance such as Meeting of the Reskilling Champions, Gender Parity for Economic Recovery, Economics of Women’s Health, Accelerating Gender Parity in STEM, interaction with international stalwarts of industry throughout a variety of sectors which include Electronics, Semi-conductors, Telecom, conferences with captains of enterprise across sectors which includes healthcare, Pharma sectors , Chemicals, Fertilizers, and Policy Meeting on Global Health care.

United States Benjamin Gilman International Scholarship

U.S. Benjamin Gilman International Scholarship

U.S. Benjamin Gilman International Scholarship 

U.S. Department of State Encourages, Undergraduate Students from the Universities are able to Apply for the U.S. Benjamin Gilman International Scholarship for the Study Abroad. United States Department of State Encourages U.S. The U.S. Department of State’s Bureau of Educational and Cultural Affairs (ECA) announced nowadays that qualifying U.S. undergraduate college students who want to pursue find out about or internships overseas as part of their greater schooling trip can also now follow for the Benjamin Gilman Scholarship. Qualifying college students ought to be Pell Grant recipients, which are U.S. government monetary aid can provide for these who meet certain family earnings criteria. Scholarship functions are being standard from January 18 to March 9 for learn about or internships overseas in the course of the Summer 2023, Fall 2023, Academic Year 2023-2024, and Spring 2024 terms. Gilman Scholars are chosen via a merit-based, competitive system and recipients ought to use the award to defray eligible learn about or intern abroad costs. These charges may encompass software tuition, room and board, books, neighborhood transportation, insurance, international airfare, and passport and visa fees. Approximately 70-percent of Gilman recipients self-identify as racial or ethnic minorities, 60-percent are from rural communities and small towns across the United States, and one 1/2 are first-generation college students.  The Gilman Program is an integral part of the Department’s diversity, equity, inclusion, and accessibility efforts to have interaction all of U.S. society in foreign policy. Since the program’s inception in 2001, extra than 36,000 Gilman Scholars from all 50 U.S. states, the District of Columbia, Puerto Rico, and different U.S. territories have studied or interned in greater than a hundred and fifty five international locations round the globe. The Gilman Scholarship Program is an initiative started by the U.S. Department of State’s Bureau of Educational and Cultural Affairs (ECA) and is applied by the Institute of International Education (IIE).  To study greater about the Gilman Program and the software process, go to the Gilman Scholarship Program website.

The U.S. Department of State’s Benjamin A. Gilman International Scholarship Program awarded nearly 1,500 exceptional and various U.S. undergraduate college students with scholarships to participate in study abroad applications in greater than eighty countries worldwide. The recipients are the american undergraduate students for this prestigious scholarship are  attending 452 U.S. schools and symbolize 50 U.S.  The Gilman Program broadens the student populace that studies and interns abroad through supporting undergraduates who may no longer otherwise take part due to economic constraints. This team includes 23 recipients of the John McCain International Scholarship for the Children of Military Families (Gilman-McCain Scholarship), as nicely as Gilman Scholars supported by means of the governments of France, Germany through the German Academic Exchange Service (DAAD), Israel, New Zealand, and Wales, and the Luso-American Development Foundation (FLAD) in Portugal, and the Taipei Economic and CulturalRepresentative Office in the United States (TECRO). The complete listing of students who have been selected to receive Gilman Scholarships this cycle, which includes the students’ domestic states, faculties or universities and host countries, is on hand on the website: The U.S. Department of State’s Bureau of Educational and Cultural Affairs (ECA) recognizes all the American students who applied for the October 2022 deadline, as well as the almost 200 determination panelists from colleges and universities throughout the kingdom who reviewed their applications. We admire all the educators who continue to promote the Gilman Program and aid their college students in education abroad and global alternate experiences. Gilman Scholars obtain up to $5,000, or up to $8,000 if also a recipient of the Gilman Critical Need Language Award, to observe towards their study abroad or internship application costs. In the year of 2001, more than 36,000 Gilman Scholarship awarded to the all all united states of america states, which include the District of Columbia, Puerto Rico, and other U.S. territories have studied or interned in more than 155 nations round the globe. The application has correctly broadened U.S. participation in learn about abroad, while emphasizing countries and areas where fewer Americans historically study. As Secretary of State Antony Blinken said, People-to-people exchanges convey our world closer collectively and deliver the exceptional of America to the world, especially to its young people.

Jan 18, 2023

Indo-French Astronomy International Mega Projects

Indo French Astronomy International Mega Projects

Indo-French Astronomy International Projects 

Indo-French Astronomy center of attention assembly on global mega-projects discusses science vision for the next decade. Indo-French Astronomy science vision for the subsequent decade and multiwavelength synergy science in mega-projects was once mentioned at the Indo-French center of attention assembly on ‘Square Kilometre Array Observatory (SKAO)/ Maunakea Spectroscopic Explorer (MSE) and multiwavelength synergies’ recently with a aim to set up a comprehensive long-term partnership in the discipline of astronomy. DST secretary Dr. S. Chandrasekhar, the chief guest of the conference, highlighted the significance of an astronomy science imaginative and prescient for each international locations to growth in the self-discipline at the assembly hosted with the aid of the Indian Institute of Astrophysics (IIA), an independent institute of the Department of Science and Technology (DST) and delivered that CEFIPRA has been a mannequin business enterprise in assisting bilateral packages in the superior areas of science and technology inside France and India. The meeting used to be organised from 9-13 January in the IIA campus in Bengaluru through the Indo-French Centre for the Promotion of Advanced Research (IFCPAR/CEFIPRA), an organization supported with the aid of the Department of Science and Technology (DST), Government of India and the Ministry for Europe and Foreign Affairs, Centre National de la Recherche Scientifique (CNRS), Government of France to talk about collaborative projects in astronomy like the Square Kilometre Array Observatory (SKAO), an upcoming worldwide radio observatory to be placed in South Africa and Australia in which both India and France are key partners. While talking at the meeting, Dr. François-Xavier Mortreuil, Attaché for Sciences and Higher Education, the French embassy in Bangalore, India, stated that higher education and lookup are internally related and in the course of his current go to to Delhi President Emmanuel Macron, emphasized that it was once one of the top priorities of the French authorities to come in advance and advance a bilateral program of change at the RandD and University stage inside India and the embassy appears forward to helping many greater bilateral projects in the coming years. Dr.  Varshney, Adviser and Head, International Cooperation, DST, agreed that the assembly was once very well timed to deliver the community of observers, theoreticians, and instrumentation scientists together to tackle the forefront science desires for the subsequent decade, diagram multiwavelength synergy projects, and reinforce collaboration, where both the countries, and their European partners are deeply involved at the crucial technological and scientific levels. Dr. Nitin Seth, the CEFIPRA Director, spoke about the new revolutionary initiatives of CEFIPRA in 2023, such as the Indo-French Postdoctoral fellowship application for Women in Science.  higher lecturers and are doing our bit to make certain that large objectives laid by using both the governments are achieved,”  Professor C. Muthumariappan of IIA, the Indian PI of the meeting, brought that the exchange of students and researchers between India and France enhances scientific and cultural exchange to attain sustainable Several projects have been discussed to map areas of collaboration and the sketch of the Indo-French Astronomy imaginative and prescient layout for the next decade. The convention had many discussions on the shared projects, as well as on key scientific questions that astronomers in India and France can collaborate on. Hands-on education periods were organised on data evaluation for the scholar community as well. In addition, there was once a distinct center of attention on promotion gender balance, diversity, and inclusion in astronomy, as nicely as projects for public outreach and pupil involvement. Indian projects that are deliberate for the future, like Aditya-L1 solar space mission, the Indian Spectroscopic Space Telescope, National Large Solar Telescope, National Large Optical Telescope, etc., had been also discussed. The assembly attracted round a hundred scientists, engineers, and college students from both countries. India and France are companions in many upcoming worldwide telescope mega-projects, and many institutions in the two nations are main a number of work packages and precursor projects. The assembly was once also supported by using the French Embassy in Delhi and Bangalore, the International Astronomical Union (IAU) Women in Astronomy Working Group (WG), and the SKA conversation workplace inside India and France.

Jan 12, 2023

Indo-Pacific Business Forum

Indo-Pacific Business Forum usa

Indo-Pacific Business Forum US

The Governments of the United States and Japan co-hosted the fifth Indo-Pacific Business Forum (IPBF) in a hybrid structure on January 12, 2023, in Tokyo, Japan. The IPBF advances the United States’ imaginative and prescient for a free and open, connected, prosperous, secure, and resilient Indo-Pacific region.

As the premier U.S. government-sponsored commercial diplomacy event for the region, the IPBF facilitates business, government, and civil society members in building connections and partnerships, replacing great practices, and stimulating revolutionary thinking on the challenges and opportunities dealing with the region. It showcases high-impact authorities and personal zone activities to aid job growth and high-standard monetary improvement for larger prosperity and inclusion in the Indo-Pacific region.

The importance of economic and commercial cooperation and partnership in the Indo-Pacific is paramount. The caliber of the United States management in the 2023 IPBF is a reflection of the importance the United States locations on this event. Four U.S. 

Secretary of State Antony Blinken

Secretary of Commerce Gina Raimondo

Secretary of Transportation Pete Buttigieg

S. Trade Representative Ambassador Katherine Tai

Under the theme of “inclusive and sustainable growth,” the 2023 IPBF furnished the probability to discuss shared ambitions for the Indo-Pacific Economic Framework for Prosperity (IPEF), as well as the respective priorities for the United States’ APEC host 12 months and Japan’s G7 presidency. The Forum additionally furnished a risk to highlight continued U.S. engagement with partners on monetary problems ranging from infrastructure funding to local weather change to vital applied sciences via mechanisms like the Indo-Pacific Quad with our regional partners Australia, India, and Japan. More than a hundred and forty in-person and 1000 virtual enterprise and authorities leaders from the United States, Japan, economies of the Indo-Pacific region, and countries round the world participated.

We were thrilled to welcome the U.S. and Japanese IPEF negotiators to the Forum to discuss the brand new updates and future expectations for the Framework. Thailand, and Vietnam. This framework will offer tangible benefits that gasoline economic activity and investment, promote sustainable and inclusive financial growth, and gain people and consumers throughout the region.

As part of our enduring dedication to the region and broad-based financial growth, the United States is also excited to construct on the success of the IPBF for the duration of our carrier as APEC host in 2023. We purpose to take full gain of our APEC host year to collaborate with like-minded partners to beef up the global economic machine and exhibit the importance of engagement with the APEC location in riding American prosperity. Under the U.S. host yr theme of “Creating a Resilient and Sustainable Future for All,” we seem ahead to advancing a practical financial policy agenda throughout a extensive range of domains that advantages workers, businesses, and families in the United States and round the region.

New Commercial Initiatives in Indo-Pacific

Participating U.S. and accomplice us of a officials, and executives representing businesses working in the Indo-Pacific region, highlighted a huge range of business deals and new initiatives, including:

In January 2023, Hanwha Solutions Corp announced that it will invest $2.5 billion for solar power manufacturing in Georgia, which includes a $2.31 billion funding to build a photo voltaic ingot, water, cell, and module factory. This manufacturing facility will rent as many as 2,000 people.

 In addition to this joint undertaking with LG Energy Solution, Honda is investing $700 million to retool three of its existing Ohio-based vehicle plants for EV production.

In July 2022, Panasonic introduced a $4 billion investment in batteries in Kansas that will employ as many as 4,000 people. The batteries will energy electric vehicles for agencies like Tesla.

In April 2022, Toyota introduced a most important investment in sustainable transportation.

India United States Trade Policy Forum Meeting Washington

India United States Trade Policy Forum Washington

India United States Trade Policy Forum Meeting

TPF to lay basis in forging strong bilateral alternate ties and bettering the bilateral financial relationship between 10-11 January 2023 to take part in the thirteenth Ministerial Meeting of the India-U.S. Trade Policy Forum. Before the delegation degree talks, CIM additionally held a one to one assembly with USTR Ambassador Katherine Tai. The Ministers underlined the magnitude of the TPF in forging robust bilateral exchange ties and bettering the bilateral monetary relationship to benefit working people in both countries. After the assembly a Joint Statement was once issued. Ministers favored that bilateral alternate in goods and services persevered to upward jab unexpectedly and reached about $160 billion in 2021 while recognizing that big conceivable stays unfulfilled and expressed their mutual desire to further beautify engagement with the intention of persevering with to amplify and diversify bilateral trade. The Ministers reviewed the work carried out by using a number working groups which were activated given that last TPF meeting and directed that work be maintained to advance these issues towards resolution, with normal stock-taking of development by the Ministers and their senior officials. Ambassador Tai welcomed India’s G20 Presidency and said the United States appears forward to working collectively in the Trade and Investment Working Group. The Ministers welcomed the intensified negotiations so some distance and in addition engagement on magnificent WTO disputes between the two nations to arrive at fine results in the coming months.

India appreciated the resumption of inspections by U.S.  facet to additionally resume inspections of new amenities and non-priority areas at the earliest.

 The collaboration between India and the United States to expedite the TED trials will make certain that the TEDs are superb in minimizing the have an impact on of fishing on sea-turtle populations and fix the market get right of entry to for India’s export of wild caught shrimp.

India highlighted its pastime in restoration of its beneficiary fame under the U.S. Generalized System of Preferences program. The United States cited that this could be considered, as warranted, in relation to the eligibility standards decided through the U.S. Congress.

The Ministers mentioned the optimistic engagement of the Services Working Group under the Trade Policy Forum and referred to that the movement of expert and expert workers, students, investors and commercial enterprise vacationers between the nations contributes immensely to enhancing bilateral economic and technological partnership.

The Ministers stated the ongoing discussions on a Social Security totalization settlement and supported intensifying the work to reap early results in the matter.

They encouraged their regulatory our bodies to have interaction in discussions on exchanges of knowledge, potential building, and cognizance of qualifications to further beautify trade in expert services. The Ministers also stated that higher co-operation in the Fintech sector. They also discussed the plausible of digital health, in particular telemedicine services as an thing in continuity of care throughout the health emergencies.

The Ministers launched a new working group on “Resilient Trade” to deepen bilateral communicate on a range of troubles that can enhance the resiliency and sustainability of the change relationship including on exchange facilitation, benefitting workers and advertising sustainable and inclusive growth, and common sustainability challenges along with mobilization of sustainable finance, scaling up of progressive smooth technologies, round financial system approaches and promotion of sustainable way of life choices.

Both Ministers also regarded forward to working collectively to toughen resilience in global provide chains, mainly in the crucial sectors that underpin the two economies and to seem forward to work on these troubles in coordination and cooperation with our relied on partners thru the new working group.

During his time in Washington D.C., CIM additionally held a bilateral meeting with US Secretary of Commerce Gina Raimondo. In addition, CIM held one-on-one interactions with a number of main industry figures, together with the Chair of the Board of American Tower Corporation and CEOs of Corteva and Lockheed Martin. In addition, CIM attended a reception hosted by means of US-India Strategic Partnership Forum (USISPF) which saw participation of quite a few key figures from US industry. CIM also attended a dinner hosted by way of Ambassador of India to the United States, along with senior representatives from the US administration and US industry leaders.

As bright democracies, each India and USA are natural partners and have exchange complementarities, lengthy standing strategic and economic relationship, and human beings to human beings contact. The two international locations are also participating beneath the QUAD, I2U2 (India-Israel/ UAE-USA) and IPEF (Indo-Pacific Economic Framework). Regular exchanges at the leadership-level have been an critical element of the expanding bilateral engagement. The consequences emerging from these visits have been instrumental in in addition strengthening the multifaceted ties between the two countries. CIM’s go to served to further beef up the existing deep ties between India and the United States.

Jan 11, 2023

MV Ganga Vilas River Cruise Launched

MV Ganga Vilas River Cruise Lauch

MV Ganga Vilas River Cruise

As India celebrates its seventy fifth year of independence via Azadi ka Amrit Mahotsav we are imparting revolutionary tourism merchandise such as river cruising to showcase India’s natural beauty, cultural heritage and non secular splendour ith such events, India will be able to recognize its cruise attainable and can grow to be a global cruise hub. we have taken up cleansing and rejuvenating the Ganga river in mission mode. Therefore easy rivers have ensured workable for traveller things to do such as river cruising The world's longest river cruise MV Ganga Vilas will be flagged off on the thirteenth January 2023 in Varanasi. In the coming 50 days, this luxury cruise will now not solely deliver to the world India’s potential for cruise tourism for India but will additionally showcase India’s herbal beauty, cultural heritage and religious splendour. We are in a country, where rivers are worshipped in the structure of gods and goddesses. Indian river cruises offer something for all people in the family”. Therefore clean rivers have ensured plausible for vacationer activities such as river cruising”. The launch of Cruise Tourism is an instance of multi-ministry synergy and Whole of Government Approach under management as the underlying assignment of cleansing the Ganga comes underneath the Ministry of Jal Shakti, the coverage for cruise tourism is formulated through the Ministry of Ports, Shipping and Waterways, the Ministry of Tourism gives the support in growing captivating tourism merchandise and experiences and markets the destination. The experience of MV Ganga Vilas, will proceed on the Ganga and the Brahmaputra river, and will give up in Dibrugarh in Assam on March 1, 2023 after 51 days. The cruise will visit 50 important vacationer destinations, consisting of heritage web sites such as Varanasi’s famous Ganga Aarti and sanctuaries such as Kaziranga National Park and the Sundarbans Delta. In Bangladesh, the cruise will journey approximately 1,100 kilometres. to showcase India’s herbal beauty, cultural heritage and spiritual splendour”.  This tour will proceed through Patna, Kolkata, Dhaka (Bangladesh), Sahibganj, and Guwahati, by means of Majuli Island. Tourists visiting in this ship will go to the well-known cities and traveller areas positioned on the banks of these two rivers. While speakme on the protection of the travelers travelling thru the worldwide borders of India and Bangladesh, the Union Minister of Tourism, Shri G Kishan Reddy said,

The government of India has taken a number of initiatives to enhance the country’s cruise tourism industry, which includes infrastructure upgrades, rationalisation of port fees, elimination of ousting charges, priority India targets to enlarge cruise passenger traffic from 0.4 million at current to 4 million. The monetary doable of cruise tourism is anticipated to upward jostle from $110 million to $5.5 billion in the coming years. To recognise this, the Centre has taken up the undertaking of developing one hundred national waterways, with the intention of seeing world-class cruise ships running on these waterways in addition to cargo movement. 12 initiatives amounting to Rs. 1,098 Cr. are being undertaken to enhance infrastructure associated to cruise shipping in India.