India stands as a tech haven, with major tech firms like Apple, Microsoft, and Meta witnessing exponential growth and showcasing the country's resilience, driven by strategic positioning, a commitment to digitalization, and demographic advantages.
There are currently three main contract manufacturers producing Apple products in India. We discuss where they are based and scope for investment.
We note the industrial parks, SEZs, and growth centers managed by SIPCOT in Tamil Nadu, their locations, and type of industrial activity.
The Competition (Amendment) Act, 2023 in India introduces significant changes to the merger control regime. We discuss these key changes and the enforcement of various provisions.
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Sign Up NowIndia stands as a tech haven, with major tech firms like Apple, Microsoft, and Meta witnessing exponential growth and showcasing the country's resilience, driven by strategic positioning, a commitment to digitalization, and demographic advantages.
We discuss India's economic outlook for 2024-25 and promising sectors for foreign investment as the country enters a general election year.
Following regulatory changes, India will seek bids for 20 blocks of critical minerals. Mining, mineral processing, and production of lithium, graphite, and REE are key to critical sectors like renewables, gigafactories, pharma, electronics, telecom, and defense.
Karnataka in South India attracted major new investments in 2022-23 and continues to build up its business-friendly profile. Foxconn has announced intentions to invest further in a supplementary plant.
Unlock the Indian market's potential with our insightful new magazine, "Where to Invest in India: Analyzing Gujarat, Maharashtra, and Tamil Nadu’s Business Environment." Explore key data points shaping foreign investment decisions in these dynamic states.
We explore tax provisions on 'significant economic presence' in India and compare with the equalization levy liability amid stakeholder concerns.
CBIC directs tax officials to upload digital summaries of GST notices, per law, for compliance transparency and streamlining bureaucracy.
The Advanced Pricing Agreements address complex transfer pricing issues, mitigating the need for litigation and align with India's objective of enhancing the ease of doing business.
We discuss what triggers permanent establishment status as per UN/OECD international taxation frameworks and India's domestic tax provisions.
We discuss how emerging technologies hold the potential to transform the field of auditing by leveraging software-as-a-service platforms as well as incorporating artificial intelligence, automation, drones, and more. Moreover, India's corporate affairs authority mandates the adoption of specific software-enabled tracking, such as audit trails.
The government appointed CDCL panel is examining the need for an ex-ante regulatory mechanism for the Indian digital market. We discuss the implications for the prevailing antitrust regime in India.
The Institute of Chartered Accountants of India has released an exposure draft for public comments until January 6, 2024, proposing new auditing standards for Limited Liability Partnerships (LLPs) in India to align them with prevailing corporate auditing norms.
We discuss provisions in India's company law mandating the appointment of women directors and the repercussions for non-compliance.
UP is competing with major industrial Indian states like Tamil Nadu, Gujarat, and Karnataka to attract high-value investments from sector-leading companies, establish R&D and frontier innovation projects, and build up local manufacturing ecosystems.
India mandates LLPs to maintain a register of partners and document their beneficial interest in both tangible and intangible contributions. The notified rules indicate the mandatory time frame and updated forms for various reporting requirements.
There are currently three main contract manufacturers producing Apple products in India. We discuss where they are based and scope for investment.
We track India's efforts to facilitate foreign investment into its indigenous semiconductor industry (developing fabs. chip design, ATMP).
India has announced that 27 companies, including Dell, HP, Foxconn, and Lenovo, have been approved for PLI 2.0 Scheme incentives. Of these, 23 companies are ready to start local production.
In this market brief, we discuss consumer purchasing trends in the automotive market and India's steadily expanding EV production capacity. We spotlight top industry players and their manufacturing bases, as well as govt. incentives and targets to 2030.
As the backbone of India's economy, the MSME sector is poised for rapid growth. We discuss incentives and opportunities for the sector.
We outline the mandatory registration timelines and procedures for Indian companies under ESIC and Provident Fund schemes.
Businesses and foreign investors should note India's official holiday schedule, which is impacted by regional, local, and national factors, including festivals, patriotic observances, and cultural practices.
Responding to industry feedback, the Indian government is streamlining the visa approval process for Chinese experts engaged in PLI sectors.
When planning investments, consider the stability and security of a fixed deposit (FD) account, a favored low-risk choice for investors.
We answer some frequently asked questions foreign hiring managers may have regarding the minimum wage in India. Several states in India have updated their minimum wages as of October 2023.
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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