Other Briefings
India Releases Extensive FDI Reforms For Foreign Investors
100% FDI now permited in telecommunications Jul. 17 – Foreign direct investment (FDI) caps in several industries in India were raised this week after the Union Cabinet agreed on changes to spark growth in key sectors. The changes were made after Prime Minister Manmohan Singh stressed the importance of increased foreign investment while chairing a […]
Reserve Bank of India Clarifies FDI Classifications
Jul. 12 – The Reserve Bank of India (RBI) notified guidelines this month to clarify the classification of foreign investment into companies doing business in the country. The new rules implement the previously pending definitions of foreign direct investment proposed by the Department of Industrial Policy and Promotion (DIPP) in 2009. The notification confers legal […]
India to Export More Dairy to ASEAN
Jul. 12 – As the demand for dairy products increases from the member nations of the Association of Southeast Asian Nations (ASEAN) , India’s dairy sector seems poised to fill the gap, and can expect a large bump in its milk exports to the region in the near future. Milk consumption throughout the ASEAN region, […]
India Launches Right-to-Food Program Among Other Subsidies
Jul. 9 – Last week, the Indian government approved an ambitious 1.2 trillion rupee (US$22 billion) food security program to guarantee cheap food grains for nearly 800 million citizens. The program, which is called the “Right-to-Food” program, will entitle nearly 70 percent of India’s 1.2 billion population to obtain five kilograms of wheat or rice […]
U.S. and India Clash over IP in the Pharmaceutical Industry
By Nathan Barlow Jul. 4 – The Indian Supreme Court’s rejection of U.S.-based Novartis AG’s patent request for a new cancer drug has caused uproar in the American pharmaceutical community, with the ruling coming at a time when many other foreign pharmaceutical companies are experiencing patent challenges in India. In sum, Indian patent laws do […]
India’s Bilateral Investment Treaties
Op-Ed Commentary: Chris Devonshire-Ellis Jul. 2 – Bilateral investment treaties (BITs) are an oft-ignored part of bilateral trade, commerce and investment between two countries, and have often been superseded by other, more detailed trade agreements such as double taxation agreements (DTAs). Nonetheless, for many countries, BIT agreements remain the only basis on which to mutually […]
India Ranked 14th Most Attractive Location for Retail
Jul. 2 – India’s retail market has been ranked as the 14th most attractive destination for global investment according to A. T. Kearney’s Global Retail Development Index. India fell nine spots this year from fifth place, and was previously ranked as the number one location for retailers according to the index in 2009. The Global […]
SEBI Relaxes Foreign Investment Rules
Jun. 26 – The Securities and Exchange Board of India (SEBI) has approved reforms to ease the registration and compliance process for foreigner investors this week in an attempt to further foster the flow of investment and direct funds into the Indian market. These changes likely come as a result of the weakening of India’s […]
