Strengthening India-Indonesia Economic Ties: Trends and Prospects
With a focus on technology, pharmaceuticals, agriculture, and infrastructure, India and Indonesia are aiming for a trade target of US$50 billion by 2025.
India-UK FTA Talks – Where Things Currently Stand
India and the UK are expediting their free trade talks, aiming for a deal by October’s end to secure significant benefits. Leaders of both countries are looking at an election year and this has complicated the last leg of negotiations. There is sufficient goodwill on both sides, and key compromises are being made, but signing the FTA agreement will ultimately be a political decision.
Understanding the Global Biofuel Alliance and India’s Role Within It
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
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
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
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
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
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.