Economy & Trade

India Market Watch: Foreign Trademarks in India Double in 2015-2016, Major Ports Capacity Crosses 1 Billion Ton

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Foreign trademarks doubled in India in 2015-2016

Trademark applications filed by foreign companies and organizations in India doubled to 15,670 in 2015-2016 as per the annual report of the Office of the Controller General of Patents, Designs, Trademarks and Geographical Indications. This reflects a renewed interest in the Indian market, which is further boosted by the positive regulatory and business-friendly position adopted by the current government.

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India-Bangladesh Economic Ties Boosted by Sheikh Hasina Visit

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By Bradley Dunseith

Bangladesh Prime Minister Sheikh Hasina was on a four day visit to India from April 7 to April 10; her first bilateral visit in seven years. Bangladesh goes to elections next year and market watchers expect stronger bilateral economic and strategic engagement in the meantime.

Investments in building trade and connectivity with Bangladesh holds many objectives. It is highly beneficial to the development of India’s northeast states and serves India’s foreign policy goal of balancing China’s presence in the region. 

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Indian Navy Set to Patrol Malacca Straits Gateway to South China Sea

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CDE Op-Ed Commentary

India has been asked to join the Malacca Straits Patrol (MSP) framework, and will commence naval operations to patrol the area, which acts as an oceanic gateway to and from the South China Sea, and also links the South China Sea to the Indian Ocean. From an economic and strategic perspective, the Malacca Straits is one of the most important shipping lanes in the world. It serves as the main shipping channel between the Indian Ocean and the Pacific Ocean, and links major Asian economies such as India, China, Japan, Taiwan, and South Korea.

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India Market Watch: India, Malaysia Sign 15 Business Pacts and Heavy Cost of Liquor Ban

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India and Malaysia to sign 15 business pacts

15 business pacts are expected to be signed between India and Malaysia on Monday, April 4, on the occasion of the Malaysian Prime Minister Najib Razak’s five-day visit to India.

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India City Spotlight: Investing in Vishakhapatnam

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By Vasundhara Rastogi

Vishakhapatnam, often abbreviated to Vizag, is a coastal port city in the state of Andhra Pradesh. It is located in the northeastern part of the state, nestled between the hills of the Eastern Ghats and the Bay of Bengal. Known for its beautiful landscape and golden beaches, the city is also called ‘Jewel of the East coast’ and ‘Goa of the East’.

Vishakhapatnam is the administrative headquarters of Visakhapatnam district. With a population of 4.29 million, it is the largest city in Andhra Pradesh. It is also home to the Eastern Naval Command of the Indian Navy.

Once a small fishing hamlet, Visakhapatnam has seen rapid development in the past few years.  It is now a fully developed port city and a major industrial town in south India.

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Labelling and Indian Customs Regulations

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By Bradley Dunseith

All foreign products meant for direct consumption in India require specific labelling. India’s labelling standards sometimes deviate from international norms and improperly labelled goods risk being rejected or detained by customs officials. Staying abreast with current Indian labelling standards helps with the ease of exporting goods to India and avoids delays.

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Trade Standards in India: What You Need to Know for India Bound Exports

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By Bradley Dunseith

Trade standards create and enforce specific criteria in products and services – quite literally setting the standard. These standards are applicable to both domestic and imported goods; understanding these standards makes exporting goods to India easier.

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India and Russia Collaborate on Joint Development Funds, Technical Innovation Projects

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CDE Op-Ed Commentary

India and Russia have both pledged to set up a Joint Development Fund, with an initial US$1 billion being set aside for the purpose.

The fund is being supported by the Russian Direct Investment Fund (RDIF), who will work with India’s National Investment and Infrastructure Fund (NIIF). They will each invest US$500 million, replicating partnerships the Russian entity has with countries such as China. 

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Dezan Shira & Associates

Meet the firm behind our content. Dezan Shira & Associates have been servicing foreign investors in China, India and the ASEAN region since 1992. Click here to visit their professional services website and discover how they can help your business succeed in Asia.

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