Other Briefings
Mobius: India’s Growth Strategy Still Looks Positive
Emerging markets to pick up in 2014 with India leading the way Oct. 2 – Mark Mobius, the legendary investor and Head of Franklin Templeton, has highlighted a shift in investor interest back to emerging markets and to India in particular. Mobius said that India’s problems would be sorted out after elections in 2014 and […]
Royal Enfield Set to Launch New Bike in London
Sept. 29 – Royal Enfield, the classic British motorbike brand snapped up by India’s Eicher Motors in 1994 following a long British decline and eventual bankruptcy, is set to launch its first new bike in the UK since the brand effectively left Britain. Royal Enfield, which was purchased lock stock and barrel and relocated to […]
World Wealth Report: India Has Second Fastest Global Growth of Super Rich
Sept. 27 – The number of high net worth individuals (HNWI) in India rose by 22 percent last year, making it the second fastest growing population of wealthy individuals in Asia over that time, according to Capgemini and RBC Wealth Management’s 2013 World Wealth Report (WWR). A high net worth individual is someone with investable […]
India Considers Raising FDI Cap for Railway Projects
Sept. 26 – The Department of Industrial Policy and Promotion (DIPP) announced a proposed plan this week to raise the FDI cap for railway projects to 100 percent. In their cabinet note, the DIPP proposed an FDI increase for railway expansion projects and station development plans in order to boost the sector’s economic viability. “On […]
India and Russia Boost Trade and Investment Ties
Sept. 25 – 120 Indian delegates, led by Union Minister of Commerce and Industry Anand Sharma, arrived at St. Petersburg last week to discuss the economic development of the two countries and the expansion of bilateral investment potential. During his opening speech, Chairman of the Industrial Policy and Innovations Committee Mr. Mayksin said that “the […]
India to Boost Infrastructure Investment Through Trust Fund
Sept. 24 – The Indian government is currently working to set up a long-term infrastructure trust fund that would be open to both foreign and Indian investors – which would be similar to the real estate investment trusts in countries such as Singapore, Hong Kong and the US – by the end of this year […]
Top Indian CEOs Optimistic On Economic Future
Sept. 19 – While India has struggled as of late economically, there are signs that the future holds much more promise for this recently embattled country. After hitting an all-time low, the rupee has risen to 63 from 68 compared to the U.S. dollar. Moreover, in recent surveys, Indian industrial production had risen by close to […]
India and Sri Lanka Sign Textiles Agreement
Both nations to target the Chinese consumer Sept. 18 – The Indian and Sri Lankan Governments have signed a memorandum of understanding (MoU) in the textiles industry to take advantage of changes in China’s consumer behavior. Zohra Chaterji, Secretary of the Indian Ministry of Textiles said that “China’s textiles industry is gradually moving from production […]
