Other Briefings
Simplification of Business Visas for Indians from Italy
Mar. 1 – India and Italy this week discussed each other’s business visa management and the simplification of the application process for citizens of both nations. The two countries wish to streamline the business visa process in order to provide their nationals with easier access to both markets. India’s Ministry of Commerce and Industry and […]
Electronics Manufacturing in India
By Dezan Shira & Associates Feb. 16 – Electronics and strategic electronics are at a similar point of inflection as the information technology IT/ITES industry was a decade ago, according to the draft National Policy on Electronics, 2011. The global electronics industry, valued at US$1.75 trillion, is the largest and fastest growing manufacturing industry in […]
India’s Per Capita Income Rises 16.9%
Feb. 1 – India’s average income for the fiscal year 2010-2011 rose 16.9 percent to reach a US$1,000 average for the first time, according to data released by the Central Statistics Office this week. “Real GDP growth is outstripping population growth so per capita income has been on the rise,” stated D.K. Joshi, chief economist […]
India’s RBI Cuts Cash Reserve Requirement
Jan. 30 – The Reserve Bank of India cut cash reserve requirements (CRR) for banks by 50 basis points last Tuesday to relieve tight liquidity, indicating a policy shift towards reviving growth after nearly two years of fighting inflation. With core inflation still inflexibly high, the RBI left its policy repo rate unchanged at 8.50 […]
India Trade Statistics for April-December 2011
Jan. 20 – India’s exports grew by 25.8 percent over the period running from April to December 2011, reaching a total of US$217.6 billion. The Ministry of Commerce informed that over that same time-frame, imports grew by 30.4 percent and were valued at US$350.9 billion, resulting in a negative trade balance of US$133.3 billion. The […]
New Issue of India Briefing: FDI and Manufacturing Electronics in India
In this issue of India Briefing, we walk you through the National Manufacturing Policy, the draft National Policy Electronics, and other related policies and schemes key to foreign investment in the sector.
Foreign Investors Now Allowed to Invest Directly in Indian Stock Market
Jan. 5 – India has permitted overseas individual investors, pension funds, and trusts to directly invest in equities, in an effort to shore up investor confidence and attract money from overseas to bridge the widening current account deficit. Procedures that enhance capital inflows are high on the government’s agenda as the international downturn led by […]
India’s Updated 2011 Foreign Trade Statistics
Dec. 7 – The value of India’s exports throughout October 2011 were recorded at US$19.87 billion, good for a 10.82 percent increase over the level of US$17.93 billion during October 2010. The increasing value of exports for the period of April-October this fiscal year was US$179.78 billion against US$123.17 billion over the same stage last […]
