India stands as a tech haven, with major tech firms like Apple, Microsoft, and Meta witnessing exponential growth and showcasing the country’s resilience, driven by strategic positioning, a commitment to digitalization, and demographic advantages.
We discuss India’s economic outlook for 2024-25 and promising sectors for foreign investment as the country enters a general election year.
India Confirms Auction Date for 20 Blocks of Critical Minerals, Including Lithium and Graphite: November 29
Following regulatory changes, India will seek bids for 20 blocks of critical minerals. Mining, mineral processing, and production of lithium, graphite, and REE are key to critical sectors like renewables, gigafactories, pharma, electronics, telecom, and defense.
Karnataka in South India attracted major new investments in 2022-23 and continues to build up its business-friendly profile. Foxconn has announced intentions to invest further in a supplementary plant.
Unlock the Indian market’s potential with our insightful new magazine, “Where to Invest in India: Analyzing Gujarat, Maharashtra, and Tamil Nadu’s Business Environment.” Explore key data points shaping foreign investment decisions in these dynamic states.
India-UK FTA negotiations are at Round 14, and pending issues like the rules of origin are at closure level, as of October 9, 2023. The BIT will be signed later.
GIFT City in Gujarat, an international financial services center, supported by the Indian government, aims to enhance capital inflow and foster fintech innovation. We discuss the establishment of family offices, technology firms, as well as ship and aircraft leasing units, along with foreign university branches in the region.
India’s Commerce Ministry to Soft Launch Updated E-Bank Realization Certificate for Exporters on November 15
The electronic bank realisation certification (eBRC) system has been revamped by the DGFT to enable eBRC generation on self-declaration basis from exporters in India. The BRC is issued by banks to exporters as proof of payment and export.