India Briefing News

Understanding the Global Biofuel Alliance and India’s Role Within It

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Several G20 nations, led by India, Brazil, and the US, along with 12 international organizations, spearhead the Global Biofuel Alliance for technology investment, expert collaboration, and global standards to reduce hydrocarbon reliance.

India Simplifies GST Refund of Exports Remittances in Special Rupee Vostro Accounts

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Exporters in India will benefit from newfound clarity from the GST Council in classifying remittances received in Special Rupee Vostro Accounts (SRVAs), which will make securing GST refunds an easier process.

Manufacturing Consumer Durables in India: Changes to the White Goods PLI Scheme

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India has made changes to the White Goods PLI Scheme. Now selected companies must provide a certification from a registered cost accountant pertaining to related party sales and the calculation of the arm’s length price.

Talent Availability in India’s Tier-2 Cities

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Talent availability across Tier-2 cities in India are allowing multinational companies, including both services and manufacturing firms, to set up in more cost-effective destinations. We look at the latest industry data.

Major Industries and Preferential Policies for Foreign Investment in Gujarat

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Gujarat is among India’s most advanced manufacturing bases and benefits from regularly updated industrial policies, export promotion schemes, incentives for foreign investments, and the presence of several well-connected industrial clusters. Multinational enterprises seeking to diversify their supply chains can tap into key clusters in this state.

Airbnb’s Contribution to India’s GDP Highlights New Trends in Travel and Hospitality Industry

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We discuss how Airbnb’s influence on India’s GDP highlights fresh prospects in the travel and hospitality industry, driven by the shift towards local, unconventional experiences, technology-driven convenience, and a focus on sustainability and community engagement.

India’s Insurance Sector: Leveraging the Digital ‘Bima Sugam’ Portal

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The Bima Sugam will function as a ‘one-stop-shop’ electronic marketplace in India’s insurance sector, and promotes better customer accessibility. With relaxed FDI norms in the sector, foreign firms stand to gain.

India-Baltic Economic Synergy Rooted in Tech and Innovation

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The Baltic States—Estonia, Latvia, and Lithuania—are promising partners in the tech and innovation sectors for India. We take a look at the state of bilateral trade and investment relations.

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