How Tamil Nadu’s Footwear Industry is Competing with Southeast Asian Markets
The footwear industry in the South Indian state of Tamil Nadu is getting ready to compete with SEA markets and neighbors like Bangladesh. Since announcing its Footwear and Leather Products Policy 2022, the state has attracted several manufacturing investment proposals, including from vendors to major market players like Adidas, Nike, and Crocs.
GIFT City’s Rising Profile: Government of India Emphasizes Key Progress Ahead of Interim Budget 2024
As an emerging financial services hub in India, the GIFT City IFSC at Gujarat has benefited from liberalized capital and tax rules. The GIFT City is also a major focus of the central and state governments, and will facilitate fintech innovation in India and wider access to global capital markets.
India’s 2024 Pre-Interim Budget: What Businesses and Investors Want
Industry stakeholders, businesses, and investors have all shared their wish list of expectations with the government ahead of the interim budget announcement, scheduled for February 1, 2024. We discuss these expectations and explain the limited scope of the budget announcement till the next government is formed following the general elections.
The Draft Delhi Industrial & Economic Development Policy 2023–33
The Draft Delhi Industrial & Economic Development Policy 2023–33 lists eight focus sectors and multiple thrust areas to achieve high-tech and sustainable transformation in the city. Feedback to the policy white paper closed on December 31, 2023.
Business Opportunities in India’s Green Tech Market
India’s population growth and expanding economy drive the demand for green tech solutions, addressing resource consumption, carbon emissions, environmental pollution, and waste treatment. Foreign sustainability enterprises can tap into a burgeoning market supported by government incentives.
Third-Party Logistics to Continue Pushing Up Leasing Demand in India in 2024: CBRE Report
We discuss the factors why the demand for leasing high-quality warehousing space in India is expected to remain robust throughout 2024 and offer real estate sector insights for industrial investors, per a recent report from global consultancy CBRE.
Leveraging Section 80EEB: Tax Benefits for Businesses on Electric Vehicle Loans
India has in place tax incentives for businesses and individuals taking loans to buy electric vehicles. We discuss the relevant provisions under Section 80EEB of the Income Tax Act, 1961.
The Scope for Foreign Investment in India’s Green Growth Challenge
We discuss how India’s efforts to develop its green economy and overcome key sustainability development challenges offer foreign companies various profitable business opportunities.