The JV company, BSC- C &C has been awarded five road projects in the state of Bihar of Rs 1493.40 crore.
She said huge potential exists in the Cambodia, Laos, Myanmar and Vietnam (CLMV) nations for Indian manufacturers.
"The main issue as of now is that the Motor Vehicle Agreement has not been grounded. This is the most important area and I realize after reaching that country," Iboyamia said while addressing at a national seminar of emerging opportunities in food processing and FDI in food retails here.
The unit, ONGC Videsh Ltd, and two other state companies, GAIL and Engineers India Ltd, first discussed the idea with Gazprom a few months ago, said Narendra K. Verma, ONGC Videsh's managing director.
India has completed a 130-km stretch of road connecting the country with Kalewa in Myanmar, part of the India-Myanmar-Thailand (IMT) trilateral highway, Parliament was informed today.
"Opportunities for cooperation must be mutually beneficial and must be a fair deal for both countries," industry body CII quoted the Myanmerese leader as saying at an event here.
Resolving to expand security ties, India and Myanmar today decided to boost cooperation in a vast range of areas including guarding the 1,640-km-long border even as the two traditionally close neighbours asserted that the States which encourage, support or finance terrorism must be hold accountable.
Hailing India's diversity and pluralism, Myanmar's iconic leader Aung San Suu Kyi today invoked Mahatma Gandhi and Jawaharlal Nehru, saying people of her country drew huge inspiration from the two Indian greats in their yearning for democracy.
The two sides signed three agreements to boost cooperation in power, banking and insurance sectors besides deciding to step up ties in areas of oil and gas, agriculture, renewable energy and health care.
The State Bank of India today announced its entry into Myanmar by opening a branch in the capital city of Yangon, becoming the first domestic lender to do so.
The office, set up by Tata International, will be a central hub for Tata companies and will further enhance and strengthen the group's engagement with stakeholders in Myanmar, it said in a statement.
A major gold smuggling racket that illegally brought around 7,000 kilograms of gold worth over Rs 2,000 crore from Myanmar to India in past over two years has been busted by Directorate of Revenue Intelligence (DRI).
"An icon of democracy, a partner for development. State Counsellor of Myanmar Aung San Suu Kyi meets Prime Minister Narendra Modi," External Affairs Ministry spokesperson Vikas Swarup tweeted along with photos of the two leaders shaking hands and holding talks.
President Pranab Mukherjee has said Myanmar comes first on India's horizon when it comes to its 'Neighbourhood First' and 'Act East' policy even as he said the two neighbours are committed to according special attention to the economic progress of the border areas.
Prime Minister Narendra Modi held extensive talks with Myanmarese President U Htin Kyaw, in first top level engagement with the new government of Aung San Suu Kyi's National League for Democracy, and conveyed India's full support to Myanmar's internal peace process.
The quake, which the agency said struck at a depth of 84 kilometres, was felt in the Thai capital, Bangkok, and Yangon, Myanmar, AFP journalists reported.
According to United States Geological Survey, the epicentre of the quake is 25km West of Chauk in Burma.
The agreement on Myitsone Dam project came during talks between Chinese Premier Li Keqiang and Myanmar's State Counselor Aung San Suu Kyi, who started a five-day official visit to China.
This would be India's first high profile visit after Suu Kyi's National League for Democracy party won a historic landslide election last year that finally brought an end to five decades of military rule.
The company, which gets about 80 percent of its consumer smartphone revenues from India, also has operations in the Middle East and Africa besides Sri Lanka and Nepal.
More purchases by India, the world's top consumer of pulses, could help the country rein in its headline inflation, which hit a near two-year high in June on double-digit annual increases in prices of sugar, vegetables and pulses.
Retail pulses prices have shot up as high as Rs 200 per kg owing to a seven million tonnes shortfall in the domestic output following two consecutive drought years.
"The Stilwell Road was called the Ledo Road, but renamed after Stilwell at the suggestion of Kuomintang leader Chiang Kai-shek. Ledo, a small town in northern India, is the starting point of this legendary road," an article in the state-run Global Times said.
Commerce Secretary Rita Teaotia today said that the trade route between India and Myanmar has the potential to gain significantly from the Association of South-East Asian Nations (ASEAN) region.
Indian Ambassador to Thailand Bhagwant Singh Bishnoi said 73 bridges in Myanmar, built more than seven decades ago during World War II, were being renovated with funding from India to allow vehicles to cross the highway safely.