In the 2015 financial year, Italian companies invested US$334.7 million into India. In this article, we explain how India’s tier II cities are attracting Italian manufacturers, and highlight the active role Italy can play in India’s “Smart Cities” initiative. The post Italian Investment into India appeared first on India Briefing News.
Make in India was launched in 2014 by Prime Minister Modi to transform India into a manufacturing powerhouse, and boost investor interest. Here we assess what has been Make in India’s real impact on the ground – what has worked for the program and what needs to get done. The post Make in India: Still […]
In this edition of India Briefing Magazine, we make the case for why now is the right time for foreign firms to invest in India’s IT sector. India is the world’s leading outsourcing destination, and its IT sector is updating its SMAC capabilities, and up-skilling the existing labor pool. The post The IT Sector: Time […]
The federal government recently formed a team of top law enforcement officials to crackdown on shell companies. This article discusses the government’s latest moves in its anti-corruption drive. The post Shutting Down India’s Shell Companies – Government Continues Anti-Corruption Drive appeared first on India Briefing News.
Prime Minister Modi held his first bilateral talks with Myanmar between September 5 and 6. Relations between the two countries are multifaceted, with both sides sharing key concerns over maritime security and economic development. The post India-Myanmar Relations: Growing Multifaceted Bilateral Ties appeared first on India Briefing News.
By Dezan Shira & Associates India is one of 112 countries to have ratified the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA), which took force on February 22 this year. Intended to overcome the global slowdown in trade, the TFA introduces new best practices for member-states to ensure the easier movement of goods across international […]
By Bradley Dunseith Australia’s growth prospects in India are expanding. Among key opportunities identified by the country’s entrepreneurs are: investing in India’s higher education and vocational sectors and India’s growing renewables market. India’s rapid growth has resulted in the need for complex, skill-oriented jobs on one hand, and accelerated its energy consumption and requirements, on […]
By Vasundhara Rastogi India’s e-commerce market is growing exponentially. The latest data presented by the software industry body NASSCOM, India’s online market share grew at the rate of 19 percent last year, and will touch an estimated US$33 billion in 2017. In this article, we discuss some of the major drivers shaping the momentum in favor […]
By Bradley Dunseith Canadian foreign direct investment (FDI) into India reached an estimated US$14 billion in 2016. Much of this inflow came from large asset management companies and pension funds, which see India as an ideal destination for stable, long term investments. Summarizing this optimistic view of India’s economic growth, Michael Sabia, President and CEO of […]
Engineering exporters, shipping companies in India suffer increased costs under GST The Engineering Export Promotion Council of India (EEPC) has reported increased costs for shipping companies under the Goods and Services Tax (GST) regime due to changes to the refund schedule and roll back of tariff incentives. Under the GST, drawback refunds will not be […]
NASSCOM forecasts decline in new IT jobs In a sign of the troubling times in India’s information technology (IT) sector, industry body National Association of Software and Services Companies (NASSCOM) has forecasted a major decline in new jobs created over the current fiscal year ending March 31, 2018. According to NASSCOM’s estimates, the IT sector […]
By Bradley Dunseith India’s regulatory framework on foreign direct investment (FDI) in retail is one of the most complex in the world. But, navigating this perplexing system means gaining access to one of the world’s fastest growing consumer markets. This article outlines India’s regulatory landscape for FDI in retail while offering suggestions on how foreign […]