India Briefing Now Accessible in Mobile App
Free app brings India Briefing to your fingertips Dec. 16 – The brand new Asia Briefing mobile application brings the latest business news and foreign investment insights from India Briefing web site right to your fingertips. The free app integrates with legal and tax regulatory updates from Dezan Shira & Associates, along with China, Vietnam, […]
Amendments in FDI Policy for India’s Pharma Sectors
The government of India has already allowed 100 percent FDI into the pharmaceuticals industry. Recently, the government has reviewed its policy in the particular sector.
Highlights of the Drafted Telecom Policy
Oct. 13 – The Communication Ministry of India unveiled the new Telecom Policy which contains new rules for the industry. The revised rules, which will substitute the existing framework that has been in place since 1999, aims to have broadband on demand for all citizens. According to the new policy, revenue generation will play an […]
Public-Private Partnerships in India’s National Highways
Sept. 15 – The Indian government foresees Rs. 50,000 crore (US$10.54 billion) in private investments in the highways sector this fiscal as it awards contracts for building 7,300 kilometers (4,536 miles) of roads. According to India’s Ministry of Road Transport and Highways, bids for about 4,600 kilometers have already been received or invited this year […]
Ford to Invest US$1 Billion in New Gujarat Plant
Jul. 29 – U.S. auto giant Ford said yesterday it would invest US$1 billion to build a vehicle assembly and engine plant in Gujarat as it increases production to exploit the country’s burgeoning car market. The new factory will employ around 5,000 workers and will be the firm’s second in India. “Ford has very aggressive […]
2011 Budget Proposal May Lead to Price Hike in Luxury Cars
India’s auto companies that import parts for their assembled car manufacturing may face a cost increase due to the country’s growing customs duty on pre-assembled parts and the expanded definition of semi-knocked down (SKD) kits.
India to Lead Asia’s Salary Increase
A recent survey by global human resource consulting and outsourcing company Aon Hewitt shows that India’s 11.7 percent salary rise in 2010 has outpaced all the other Asia Pacific countries and this high increase rate is going to continue over the next few years.
Rolls Royce to Double India Dealerships
Feb. 22 – Luxury car-maker Rolls Royce has stated they will be expanding their network in India to take advantages of the new sales opportunities in the country. India is the manufacturer’s second-fastest growing market in Asia. “India is one of the major markets for us in Asia, the second-fastest growing after China,” Rolls-Royce Motor […]