Economy & Trade

India’s GIFT City Strives to be a More Attractive Global Financial Hub: Latest Developments

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GIFT City in Gujarat, an international financial services center, supported by the Indian government, aims to enhance capital inflow and foster fintech innovation. We discuss the establishment of family offices, technology firms, as well as ship and aircraft leasing units, along with foreign university branches in the region.

India’s Commerce Ministry to Soft Launch Updated E-Bank Realization Certificate for Exporters on November 15

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The electronic bank realisation certification (eBRC) system has been revamped by the DGFT to enable eBRC generation on self-declaration basis from exporters in India. The BRC is issued by banks to exporters as proof of payment and export.

Free Trade Warehousing Zones in India

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Free Trade Warehousing Zones are expected to serve as a cost-efficient component within logistic and global supply chains, catering to the needs of both India and the international market.

A Guide to India’s Special Economic Zones

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Businesses can consider setting up or doing business with entities in India’s Special Economic Zones to take advantage of favorable tax incentives, simplified customs procedures, and a conducive environment for manufacturing and trade.

Key Considerations Before Selling Foreign Products in India

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The Indian retail market is vast but diverse, with several cultural and socioeconomic variations. Foreign companies seeking to sell their products in this market should adapt their branding and sales strategies accordingly.

India Mandates Quality Norms for Copper Products, Drums, and Tin Containers to Boost Domestic Manufacturing

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India has updated the quality norms for nine specific copper products to curtail subpar imports and encourage local manufacturing.

Food Import Procedure in India and FSSAI’s Latest Regulatory Changes

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We discuss the step-by-step procedure to import food products in India and FSSAI’s latest regulatory advisory which simplifies import procedures, reducing both time and costs for importers.

India Investment Profile: State of Haryana

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The state of Haryana, near Delhi, offers lucrative IT and manufacturing investment prospects, and has attracted several multinational firms.

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