Other Briefings
Chinese Racism Still a Problem for Corporate MNCs in China
Op-Ed Commentary: Chris Devonshire-Ellis Sept. 3 – With news that management from India’s Apollo Tyres is “not welcome” in China following the proposed takeover of the Cooper Tires Shandong joint venture by India’s Apollo Group, the factoring in of China’s increasingly shrill commentary surrounding foreign investors is starting to cause waves of concern. The Cooper […]
Sourcing From & Selling To India
By Dezan Shira & Associates, Delhi Office Sept. 2 – As India’s total merchandise trade tripled from US$252 billion in 2006 to US$794 billion last year, the business of import/export with Indian firms has become much more popular. However, the rising monetary numbers have brought with them an increasing number of legal and administrative reforms […]
India Establishes New “One Person Company” Category
Aug. 30 – India’s upper house of parliament, Rajya Sabha, agreed this month to allow the establishment of individually owned enterprises. Under the new Companies Bill individuals may form a One Person Company (OPC) as an enterprise with a single shareholder. Under the previous law, a private enterprise was required to have a minimum of […]
Australia Launches India Country Strategy
“India has the greatest potential for Australia in Asia” Aug. 27 – The Prime Minister of Australia, Kevin Rudd, has recently unveiled Australia’s plan for bilateral engagement with India. Australia’s India country strategy will seek to build a stronger and more comprehensive relationship, a directive first revealed in Australia’s most recent White Paper. “Australia’s relationship […]
India to Rely on FDI to Bridge Current Account Deficit
Aug. 26 – The Indian government will be reliant on the inflow of cash generated from foreign direct investment (FDI) to help fund its current account deficit (CAD). In the first quarter of this year India saw a 70 percent increase in FDI, and will now be relying on further big-ticket deals and acquisitions to […]
Chidambaram: Indian Growth to Pick Up in 2014
Aug. 23 – Indian Finance Minister P. Chidambaram recently spoke out on India’s slowing GDP growth rates and the fast depreciating rupee noting that growth would pick up by the final quarter of 2013 and continue well into 2014. He also clarified fears over the introduction of capital controls, stating that India has “no intention […]
India to Introduce Industrial Cluster Competitiveness Index
Aug. 23 – The Indian Planning Commission has announced plans to create the country’s first performance index this month to rate its industrial clusters. The Cluster Competitiveness Index will benchmark each of the existing 6,000 industrial clusters in India based on several criteria, including management quality, pollution controls, cluster productivity and technological infrastructure. By creating […]
The Falling Rupee Ushers in India as a Global Trade Dynamo
Foreign investors making surprise returns on investment, cheaper rupee good for exports Op-Ed Commentary: Chris Devonshire-Ellis Aug. 22 – With the Indian rupee falling to a record low of 65 against the U.S. dollar, there has never been a better time to purchase Indian manufacturing goods. For foreign investors in India, it is a boom […]
