Other Briefings
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 […]
Indian Air Traffic Growth Second Highest in 2011 after Brazil
Apr. 10 – The International Air Transport Association (IATA) has just released data regarding the demand for domestic flights in 2011, with India growing at 12.3 percent last year, behind only Brazil’s growth rate of 17.9 percent. The Indian results lagged behind the average YOY growth of 16.3 percent seen in recent years, however it […]
India’s Car Market – Mumbai goes MINI
Apr. 9 – India is the second fastest growing vehicle market in the world. The main reasons for this are its rising levels of disposable income and the country’s growing middle class. The passenger car density in India is still very low, 11 per 1,000 people, compared to 45 per 1,000 in China. However, while […]
Future Outlook for India’s IT Sector
Mar. 6 – Up until the crux of the Global Financial Crisis, India’s information technology (IT) sector was consistently one of the country’s strongest performers. Though augmentation rates shrank, the falling rupee provided a cushion. Therefore, the CNXIT index constantly outperformed the broader market and in fact, the IT sector was the only one to […]
Foreign Direct Investment in India’s Single and Multi-Brand Retail
As India has liberalized its single brand retail industry to permit 100 percent foreign investment, we take a look at the regulatory issues and legal structures pertinent to establishing operations in this new dynamic market.
