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Tag Archives: India Incentives
FDI Opportunities in India’s Infrastructure Development
Jul. 9 – The paramount indicator of a country’s economic status is measured by its GDP. India, the second-most populated country in the world with more than 1.1 billion people, has emerged as one of the fastest growing economies in recent years. It is a republic with a federal structure and well-developed self-governing judiciary with political consensus in reforms and stable democratic environment. With the projected average yearly compounded growth rate of 8.5 percent, India’s GDP is likely to be US$1.4 trillion by 2017 and US$2.8 trillion by 2027. The service sector contributes to 50 percent of India‘s GDP while
Posted in Business, Economy and Politics, FDI and Foreign Trade
Tagged India FDI, India Incentives, India Infrastructure, India PPP, India Roads
1 Comment
Incentives for India’s Textiles Industry
India’s Foreign Trade Policy (2009-14) announced by the Union Minister of Textiles, provides various incentives for the country’s textiles sector. The sector has been stumbling lately under financial uncertainty at the global level as well as pulls and pressures at the domestic level.
Photo: Photo: Aijaz Rahi/AP
India Announces Special Incentives for Exporters
Oct. 19 – The government of India announced a Rs. 900-crore package for exporters to assist them to fight with the slowdown in developed markets and rising input costs. The Reserve Bank of India has already declared an interest subsidy of 2 percent on rupee export credit for handicrafts, handlooms, carpets and small and medium exporters. Along with the interest financial support, the total relief package for exporters stands at nearly Rs. 1,700 crore.