Other Briefings
Amazon, Walmart Lobby for E-Commerce FDI in India
According to its latest lobbying disclosure report filed with the U.S. Senate, Amazon.com Inc. and its group entity Amazon Corporate LLC lobbied for “foreign direct investment in India” among other issues last quarter.While Amazon and its group entities have openly discussed engaging with the Indian government on the relaxation of FDI in e-commerce, this is the first time the firm has included the issue in a U.S. lobbying disclosure report.
Competition in India’s E-Commerce Market Intensifies Amidst Elections
Online retail giant Amazon.com has announced it is now selling clothing and accessories on its India website alongside the introduction of new streamlined delivery initiatives, raising the stakes for other online retailers vying to capture a larger share of India’s growing e-commerce market.
Diageo Distills Plan to Purchase United Spirits Ltd.
Diageo, the world’s largest producer of spirits, announced last Monday its intention buy 26 percent of India-based United Spirits Ltd. (USL) for US$1.9billion.
India Losing Out in Voice and Call Center Industry
According to a joint report on India’s Business Process Outsourcing (BPO) industry by the Associated Chambers of Commerce and Industry of India and KPMG, India is currently losing about 70 percent of new business in its BPO industry to competing jurisdictions, such as the Philippines and Eastern Europe.
Mercedes Sales Highlight India’s Accelerating Demand for Luxury Goods
In recent years, India has become one of the most dynamic and rapidly growing luxury goods markets in the world, with demand for high-end automobiles leading this trend.
FDI Inflows Increase in January as Pharmaceutical FDI Remains Steady
New data indicates foreign direct investment inflows into India increased this January, with the pharmaceutical industry consistently attracting FDI.
E-Commerce on the Rise in India
While the traditional brick-and-mortar retail sector in India remains bogged down by FDI restrictions, the online retail sector has experienced incredible growth in recent years.
India’s Aviation Sector Has Potential to Become World’s Largest by 2030
India’s aviation sector holds much untapped potential and could become the largest aviation market by 2030, according to a joint report released by the Federation of Indian Chambers of Commerce & Industry and KPMG.
