Economy & Trade

Update: India Has Approved 124 FDI Proposals from Neighboring Countries Since 2020

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In 2020, India announced the decision to scrutinize investments from neighboring countries, allowing FDI only via the government route.

Apple’s iPhone Exports from India Doubles in FY 2023-24

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Apple’s iPhone export figures from India in FY 2023-24 amounted to US$12.1 billion. The US-based electronics giant is also reportedly planning to add 500,000 people to its India workforce over the course of the next three years.

Investing in Tamil Nadu: Manufacturing Outlook and Opportunities

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India Briefing profiles the manufacturing sector in the southern state of Tamil Nadu, and explores its appeal for foreign investment.

India Identifies List of 30 Critical Minerals: Economic Implications

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India has released a list of 30 critical minerals crucial for its energy transition and development of frontier industries. The move is aligned with global efforts to ensure stability in the supply chain of these critical minerals.

India-Peru Trade Agreement: Bilateral Negotiations Ongoing

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India and Peru are negotiating a bilateral trade agreement that could lower tariffs, address technical barriers to trade, and introduce a dispute resolution mechanism.

India-ASEAN Trade Pact: Tariff Anomalies on Goods to be Reviewed

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The India-ASEAN trade pact is under review, with the former hoping to address tariff irregularities on specific goods within the agreement.

India’s Dedicated Freight Corridor Program: Progress and Prospects

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India’s two dedicated freight corridors, namely the Eastern Dedicated Freight Corridor (EDFC) (1337 km) and the Western Dedicated Freight Corridor (WDFC) (1506 km) are nearing completion in India.

India’s Investment Appeal Stays Bright: Findings from EIU Report

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India is among the top three most improved investment destinations, according to a recent report from the Economist Intelligence Unit, which attributes the country’s appeal to its domestic market size and workforce capacity.

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