Other Briefings
Indian Wages Amongst Most Competitive in Manufacturing Asia
The development of an inexpensive and young labor pool in India will have profound implications for global manufacturing over the next two decades. Now is finally India’s chance to show that it too, like China, can be the workshop of the world and export “Made in India” labels around the globe.
Incredible India Campaign to be Launched in Chinese
India is preparing itself to increase trade and commercial engagement with China, especially in the services sector.
World Bank Extends Loans to India for Infrastructure and Education Development
The World Bank has announced that it will continue to provide concessional credit to India for infrastructure and education purposes as well as increasing the country’s single-borrower limit to US$20.5 billion.
New Indian Government Announces Economic Reforms to Induce Growth
Yesterday, India’s Minister of Finance, Arun Jaitley, announced the newly elected government’s general plans for addressing stagnant economic growth and mounting inflation.
Growing Opportunities for U.S.-India Trade and Investment
Dezan Shira & Associates’ India Country Manager, Gunjan Sinha, visited Florida for the first stop on her U.S. tour, moderating an expert panel on U.S.-India business and trade relations.
India Sees Positive Trend as Service Sector Expands
Activity in India’s service sector has expanded for the first time in 11 months, according to an index released on Wednesday. The HSBC Services Purchasing Managers’ Index (PMI), which gathers data from approximately 350 companies and was compiled by Markit, rose from 48.5 in April to 50.2 in May.
New Indian Government Promises More Stable Tax Regime for Attracting FDI
Ravi Prasad, India’s new Minister for Telecommunications, Law and Information Technology, has promised to foster a stable and transparent economic climate for foreign investors – hinting that controversial retroactive tax policies would soon be abandoned.
India’s New State of Telangana – The Demographic Data
On Monday, the southern state of Andhra Pradesh was formally split in two to create India’s newest state of Telangana in its northern area. The city of Hyderabad will serve as the joint capital of Telangana and the residuary Andhra Pradesh for the next ten years.
