Other Briefings
India to Further Liberalize FDI in Multi-Brand Retail
Jun. 21 – India may further liberalize its multi-brand retail investment policies so that it can attract foreign retailers into the country. Last year India began to allow up to 51 percent foreign direct investment (FDI) in multi-brand retail, but it is yet to receive any investment proposals. This week, however, a committee headed by Economic […]
Indian Government to Revisit FDI Caps
Jun. 19 – India’s Ministry of Finance has revealed that the government is looking to reevaluate foreign direct investment (FDI) caps due to its mounting current account deficit (CAD). The large CAD is due in part to India’s reliance on oil, coal and gold imports. According to a press release, Union Finance Minister Shri P. […]
Key Sectors for FDI in India: Airports and Ports
As the government prioritizes the development and refurbishment of national infrastructure, investment into India’s airports and ports is an increasingly attractive option for investors looking to tap into India’s market.
India Extends Jammu and Kashmir’s Industrial Incentive Package
Jun. 17 – This week the Indian government extended its Special Package for Industrial Incentive for the state of Jammu & Kashmir. The industrial package, designed to boost manufacturing and commercial development in the country’s northernmost state, is sponsored by the Department of Industrial Policy & Promotion and is worth Rs. 296 crore. The Special […]
India Addresses Infrastructure Worries
Jun. 14 – Prime Minister Manmohan Singh directed the Cabinet Secretariat this month to create a Project Monitoring Group (PMG) to proactively assist private and public sector infrastructure investment projects receive prompt commission. The PMG will also be responsible for identifying stalled projects, which will be fast-tracked by the removal of implementation bottlenecks. “We would […]
India Ranked as a Risky Country for Data Center Operations
Jun. 12 – Cushman & Wakefield recently compiled its annual “Datacenter Risk Index” survey assessing 30 of the world’s most important markets. For the second year in a row India has failed to improve its standing. The risk index provides valuable information that can assist companies with choosing the right location to host their data […]
India Raises Import Duty on Gold and Platinum
In an attempt to slow the country’s consumption of imported metals, India’s Ministry of Finance raised the import duty on gold and platinum this week from 6 to 8 percent.
India Issues Pharmaceutical Manufacturing Clarification
Jun. 5 – The Ministry of Commerce and Industry in India has issued a clarification to combat negative media allegations regarding the quality of manufactured pharmaceuticals for export and reports of counterfeit drug operations (hereinafter referred to as the ‘Clarification’). The Indian government does not directly deny such allegations, and instead touts the pharmaceutical industry’s […]
