Other Briefings
Monsoon Season: India’s Real Finance Minister?
President Pranab Mukherjee once remarked that monsoon season was India’s true finance minister. Foreign observers may find the statement odd, but expatriates with experience doing business in India will sympathize with Mukherjee’s sentiments.
State by State: India and Texas Trade
If Texas were a country, it would have the 14th largest economy in the world. With a GDP of US $1.414 trillion, the ‘Lone Star State’ would vie with South Korea to be ranked 13th, leaving Spain and neighboring Mexico at a respectable distance. Texas has been the U.S. state with the highest volume of […]
State by State: India and Minnesota Trade
Known as the “Land of 10,000 Lakes”, Minnesota is the second northernmost state in the U.S. In 2013, the state’s real GDP reached US$312 billion, up 2.8 percent from the previous year and significantly outpacing the 1.9 percent national increase. Major industries in Minnesota include medical devices, biomedical technology, renewable energy, environmental technologies, agribusiness as […]
India’s Act East Policy: New Trade, Manufacturing Opportunities
The 2015-2016 Indian budget includes a proposal to set up manufacturing hubs in CLMV countries. The CLMV includes four Southeast Asian nations – Cambodia, Myanmar, Laos, and Vietnam, which are seeing the highest foreign direct investment growth in the region, especially in manufacturing.
New Foreign Trade Policy to Back-end Export Targets
Make in India. Digital India. Skill India. The list of slogans for the government’s economic initiatives is ever expanding. In this article, we examine exactly what these slogans and India’s foreign trade policy mean for foreign investment.
State Spotlight: Investing in Karnataka’s Manufacturing Sector
Karnataka is pushing for industrial growth in regions beyond the city of Bangalore, its central technology and innovation hub. With incentives for small and medium enterprises, in this article we look at the investment opportunities that exist for foreign companies.
India’s Free Trade Agreements Under Negotiation – Progess and Developments
Following recent parliamentary approval for the raising of its FDI on insurance from 26 percent to 49 percent, the BJP has indicated that it is now in a better position to push through the India-EU FTA. In this article, we take a closer look at the deal, as well as other Indian FTAs that are still under negotiation.
India Re-Evaluates “Export” Terminology, SEZs May Be Affected
Within the new Indian budget are provisions to reinterpret the term “export” in a move that may impact upon the nation’s Special Economic Zones (SEZs). Hidden within the fine print of the budget is a provision that could withdraw rebate on factory tax on supplies to these zones.
