Other Briefings
Harley-Davidson to Enter Indian Market
Aug. 26 – Harley-Davidson has announced that it will enter the emerging Indian market with its range of elite cruiser motorcycles. The details of their model-range and pricing in India are still pending release. With the economic slowdown taking grip in its home country, U.S. companies are now looking at expanding their markets abroad. “Harley-Davidson […]
Toyota Looks to Benefit from Indo-Thai FTA
BANGALORE, Aug. 26 – Toyota Motors plans to utilize the proposed Indo – Thai free trade agreement to tag India as a hub for manufacturing its small size cars for export to the global market. While a few auto-parts already enjoy duty free status in India, the Indo- Thai FTA currently under negotiation is expected […]
FDI Proposal for the Airline Industry Now on Hold
Aug. 26 – A proposal made by the civil aviation ministry that would have allowed foreign carriers to buy a 25 percent stake in India’s local carriers have been put on hold due to security concerns. The proposal was made to give local carriers access to foreign funding after severe losses in the industry. Currently, […]
China’s Huawei to Double Revenues in India
Aug. 25 – Chinese equipment maker, Huawei Technologies, is aiming to double its Indian revenues to US$2.6 billion in 2009. This year, the company surpassed Alcatel-Lucent to become the third largest mobile network gear maker in the world. Huawei still has no manufacturing facility in the country but is working with all major telecom operators […]
Nokia Using Microfinance To Sell Phones in Rural India
Aug. 21 – Nokia is looking to extend a pilot scheme that has been operating in 2,500 villages in the southern states of Andhra Pradesh and Karnataka to make it’s mobile phones more affordable to rural Indians. The company, which accounts for about half of all mobile handsets sold in India, has been using microfinance […]
FDI Law May be Revised to Block Investment in Sensitive Sectors
Aug. 19 – The National Security Council has submitted a secret report suggesting revisions on the current FDI guidelines to allow the government to stop foreign mergers or takeovers of Indian companies that are considered damaging to national interest, reports The Economic Times. Under the proposed National Security Exception Act foreign investment in sensitive sectors […]
Ford India Begins Bulk Export of Cars from Chennai
Aug. 18 – Ford India has begun exporting cars in bulk from Chennai for the first time; exporting 158 units through Chennai port to Durban, South Africa. The company plans to export more models. According to the Society of Indian Automobile Manufacturers, data, Ford India between April and June produced 6,752 cars, of which 219 […]
After IT, India to Become Pharma R&D Hub
Aug. 11 – India is expected to become a pharmaceutical research and development (R&D) hub in the next decade with the Department of Pharmaceuticals planning a road map for India to be a global player in the industry by 2020. The plan is called Vision 2020. The department also plans to create a job of […]
