India Strengthens Ties With Asia-Pacific Nations
By Collin Baffa Jun. 1 – India strengthened its “Look East Policy” recently after government officials visited several of the country’s Asian neighbors. Indian Prime Minister Manmohan Singh met with representatives in Japan and Thailand this week while the Minister of Transportation traveled to Vietnam to enhance maritime relationships. The recent trips seek to revitalize […]
India to Enter Afghanistan Through Steel Project
May 30 – The Indian government will hold talks with a group of Indian and Afghani steel and mining companies, which is being headed by the Steel Authority of India Ltd., to further negotiate a deal to develop four iron ore blocks in Afghanistan and to build Afghanistan’s first ever steel plant in Hajigak, a […]
Economic Advisory Council’s Review of the Indian Economy
May 22 – The Economic Advisory Council (EAC) to the Prime Minister in India has recently released their annual Review of the Economy for 2012-13. The report highlights economic activity for the 2012-13 fiscal year and forecasts the economic outlook for the 2013-14 fiscal year. The EAC’s conclusions suggest that while growth has been slow […]
Indian Infrastructure: Bangalore
May 20 – As the third most populous city in India, Bangalore faces many congestion problems. City officials have worked hard to rectify the situation, investing heavily in the city’s infrastructure, including road and public transportation projects, and the construction of a modern international airport. Road Vast improvements to roadways have been achieved in the […]
India to Launch “Impact Investment” Regulatory Body
May 17 – In India, nine renowned investment entities have joined forces in order to launch the Indian Impact Investor Council (IIC), which is to act as a self-regulatory body for the practice of “impact investment” in India. Impact investment is the practice of investing in areas and industries with the direct intent of generating […]
Development Zones in India
By Gunjan Sinha, Dezan Shira & Associates, Delhi Office May 13 – India was one of the first countries in Asia to recognize the effectiveness of the export processing zone model in promoting exports, establishing Asia’s first processing zone in Kandla in 1965. More recently, the Indian government moved to increase India’s attractiveness as a […]
New Issue of Asia Briefing: An Introduction to Development Zones Across Asia
In this issue of Asia Briefing Magazine, we break down the various types of development zones available in China, India and Vietnam specifically, as well as their key characteristics and leading advantages. We then go on to provide a snapshot of the latest development zones across the rest of Asia. We hope that this issue will provide the basic fundamentals to understanding one of the most important business tools available to international businesses operating in Asia.
Asian Development Bank To Invest US$6 Billion in India
May 8 – During its Board of Governors meeting in Delhi last week, the Asian Development Bank (ADB) announced that it will provide a US$6 billion loan to India over the next three years. Furthermore, it will maintain its annual lending of US$10 billion over the next three years to its member states despite currently […]