Foreign businesses looking to benefit from India’s large demographic dividend must understand the diverse structure of its labor market. Here, we explain the structure of India’s labor pool, and hiring costs with a special focus on IT and automotive component manufacturing industry.
India has prohibited import of unregistered, non-compliant electronic and IT products. In this article, we outline steps and procedures for registering products with BIS in India.
Many foreign HR managers struggle with the holiday schedule in India. This article outlines the government’s official schedule to help HR managers plan public holidays for their firm.
This article explains the processes a foreign-invested enterprise in India can expect to undergo during a statutory audit, and what companies need to know and prepare to make the audit process go smoothly.
India will be at the epicenter of the next economic spurt, as top 10 of the world’s fastest growing cities between 2019 and 2035 are from India.
India wants to encourage Russian investments and has suggested setting up a free trade zone for Russian companies. In September 2018, Indian Commerce and Industry minister Suresh Prabhu met with his Russian counterpart to discuss enhancing bilateral trade and investment. The minister invited the governors of the Russian Far East to explore areas of co-operation[…..]
As more Indian states adopt plastic ban, companies need to prepare for a regulatory environment that will likely entail tighter legislation and enforcement. Here, we look at the rules, exemptions, penalties introduced under India’s plastic ban.
The concurrent nature of labor laws in India can be confusing for companies that are newly established or looking to expand in the country. Read to know more about India’s federal, state, and industry specific labor laws.