Other Briefings
India to Build 17 New Regional Airports By 2017
Aug. 13 – Seventeen new airports are to be constructed during India’s current 12th Five-Year Plan period, the Minister of State for Civil Aviation, K. C. Venugopal, has informed the Central Government. The 12th Five-Year Plan period runs until 2017. Included are four airports in Karnataka, three in Maharashtra, two in Kerala and one each […]
Ford Wastes No Time Breaking Ground for Vehicle Exports from Chennai
Aug. 1 – Ford India has become the second auto-manufacturer after Hyundai to have their dedicated car parking yard at Chennai Port. With Ford making India its global manufacturing and export hub, this dedicated facility at the Chennai Port marks a significant step to provide access and further accelerate exports of Chennai-made Ford autos, including […]
Could India Manufacture the iPad?
The reason for the introduction of the luxury tax is that India now wishes to discourage the importation of foreign products that do not add to India’s FDI or domestic manufacturing position – in my view a fair enough stance to take. But coupled with that is the question over Indian manufacturing capabilities. Could Indian companies manufacture the iPad? Are the competencies and financial strengths there?
Ford to Make India a Global Auto Manufacturing Hub
Jul. 24 – American automotive manufacturer Ford have announced plans to make India a central platform for their global vehicle production. The companies so-called “Project B562” will see the company move production facilities to its plant at Sanand, Gujarat, and commence manufacturing of three different vehicles from 2014. These cars will include a small hatchback, […]
India to Raise Import Taxes on Luxury Items
India will increase import duties on a number of luxury items, including automobiles, televisions, high-end mobile phones, tablets, laptops and exotic foods. The increases are targeted at imported consumer goods that add no manufacturing or FDI value to the country.
India to Support Regional Telecoms Infrastructure
Jun. 14 – In a move to honor its commitment to develop its telecommunications infrastructure, Telecoms Minister Kapil Sibal confirmed that India’s Department of Telecommunications (DoT) has cleared a proposal to establish a total of 2,199 solar-powered mobile towers in regions which are affected by terrorist activity. India has recently experienced attacks in many of […]
New Bill to Bring Greater Regulation to Real Estate Sector
India’s Union Cabinet passed the Real Estate (Regulation and Development) Bill 2013 this week that will put into effect a uniform regulatory system for real estate developers.
Key Sectors for FDI in India: Manufacturing and Energy
May 28 – India is considered a foreign direct investment (FDI) “hot spot” and has seen FDI increase by 500 percent in the past decade. FDI reached US$33 billion during the 2012-13 fiscal year with India’s Finance Minister saying that the country is capable of handling as much as US$50 billion per year in FDI […]
