India Makes Plans to Adopt International Industrial Coding System to Attract FDI
The Indian government plans to adopt the international industrial coding system to simplify and clarify policy and economic information for foreign investors as part of its plan to overhaul foreign direct investment policy under Modi’s administration.
Cabinet Approves Changes to Manufacturing Labor Laws in India
In a landmark decision last month, India’s Union Cabinet approved a proposal to amend three key labor laws including the Factories Act 1948, Apprentices Act 1961 and Labor Laws Act 1988.
DIPP to Process All Single-Brand Retail Proposals Within 90 Days
The Department of Industrial Policy and Promotion (DIPP) has set a 90 day maximum time frame to process all outstanding FDI proposals in single-brand retail.
Political Contributions in India: A Guide for Foreign Companies
While laws governing political contributions in the United States and Europe are relatively straightforward, restrictions in India are slightly more complex. In this article, we outline the legal framework governing political contributions from enterprises and the implications for foreign businesses.
India Mulls Scrapping 30 Percent Domestic Sourcing Requirement
India’s Department of Industrial Policy and Promotion is reportedly considering scrapping the 30 percent domestic sourcing requirement in single-brand retail.
India’s Import Policy: Procedures and Duties
The fundamentals of India’s import export (EXIM) policy are explained, in addition to the various documents and duties importers should be cognizant of.
New Foreign Investment Proposal Checklist Released in India
India’s Department of Industrial Policy and Promotion has released a new document checklist for submitting proposals to the Foreign Investment Promotion Board.
Investors Push for Changes to India’s Companies Act 2013
As Narendra Modi takes charge as Prime Minister, Indian businesses and foreign investors are pushing for a review of several provisions in the Companies Act 2013.