Major Int’l Retail Investments Raise Hope for FDI Recovery in India
By Ian Bhullar Jun. 28 – A spurt of high-profile foreign investment into India is raising hopes for the enhancement of investor confidence and the recovery of the country’s FDI inflows. Three events in the past week – IKEA’s proposed entry, and expansion plans by Tommy Hilfiger and Coca Cola – indicate that growth in […]
Entering India: Visa Process and Registration
By Harshit Khandar Jun. 18 – This article provides one with information on how to apply for an employment visa and residence permit in India, some exclusive schemes and the necessary documentation needed. Visa Application For entry into India, a passport valid for at least 180 days and with at least two blank pages is […]
Air India Flails
By Sofia Liska Jun. 12 – Despite India’s rapid economic growth, conflicts and cultural norms continue to prevent further progress. In this case, Air India’s profits and reputation are the victims of pride. Two disputes have delayed an order of Boeing 787 Dreamliners, which remain in the U.S. state of Washington ready to fly to […]
India-EU Wine Deal to Slash Import Duties
The price of imported wines in India could soon be cut dramatically, with a rise in Indian domestic consumption in the cards for suppliers.
India Looking For EU ‘Data Secure Status’
Approval would see flow of European IT outsourcing to India Apr. 16 – The Indian government is asking that the European Union lift restrictions on the flow of outsourcing business to India by designating it as a data secure country. India is not currently included in the list of countries considered data secure by the […]
Walmart Exploring Online Retail in India
Apr. 13 – As the large multinational multi-brand retail giants such as Walmart, Carrefour and Tesco wait patiently for a relaxation of Indian investment laws into the sector, Walmart is potentially stealing a lead by exploring possibilities of getting into the same market, but online. The company, looking over its shoulder at the success of […]
India to Introduce 49% Foreign Cap in Aviation Sector
Apr. 12 – The authorization to permit overseas airline companies to invest in Indian carriers is expected to come with an all-inclusive 49 percent ceiling for foreign investments, as the government does not want India’s airlines to be majority foreign owned. The present policy only stipulates up to 49 percent FDI in scheduled carriers, but […]
Apple, IKEA Looking to Set Up in India – The Sourcing Clause Obstacles
Obstacles remain over precise definitions over sourcing clauses in single brand retail Op-Ed Commentary: Chris Devonshire-Ellis Apr. 10 – Apple and Ikea are another pair of huge global brands that wish to enter the India market in the advent of the liberalization of single brand retail. Both, however, are facing difficulties in overcoming clarifications concerning […]