Other Briefings
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 […]
India’s Top Six Cities – Free City Guides!
Asia Briefing takes a closer look at India’s top six cities (by GDP) in the newly released Indian city guides for Mumbai, New Delhi, Kolkata, Bangalore, Chennai and Hyderabad. These city guides are available for free download on the Asia Briefing bookstore.
Ford to Invest US$1 Billion in New Gujarat Plant
Jul. 29 – U.S. auto giant Ford said yesterday it would invest US$1 billion to build a vehicle assembly and engine plant in Gujarat as it increases production to exploit the country’s burgeoning car market. The new factory will employ around 5,000 workers and will be the firm’s second in India. “Ford has very aggressive […]
Court Ruling Says Payment in Kind Also Subject to Tax
Aug. 4 – A recent Supreme Court decision has ruled that payment made in kind will also be subject to taxes in India. This was based on an appeal made in court by local company Kanchanganga Sea Foods regarding its payment in kind to Hong Kong-based company Eastwide Shipping for lending the use of vessels […]
India to Exempt Tax on Selected Services Starting July 1
Jun. 25 – India will exempt tax on services that deal with low-cost housing construction, power distribution, services within ports and airports, selected tournaments and championships, foreign travelers in transit and those flying to and from the northeast starting July 1. “Repair of ships or boats or vessels belonging to the Government of India, including […]
Monorail Manufacturers Concentrate on India’s Infrastructure Boom
Apr. 12 – As the Indian economy develops, the need for massive improvements in its transportation network also increases. With Mumbai’s first monorail service about to be launched and those familiar street level cantilevered rail lines now weaving their way above the city’s roads, other places in the country have already started taking notice. All […]
New Delhi Best City for Living
Mar. 9 – The Confederation of Indian Industries has ranked New Delhi as having the best quality of life for its residents among all cities in the India based on their latest “Liveability Index.” After New Delhi, the next best cities to live in are Mumbai, Chennai and Bangalore. The survey looked at 37 Indian […]
Italy Suggests Routes, Facilities for Indian Trade
Dec. 17 – Italian Minister for Economic Development said it would consider creating preferred shipping routes exclusively for Indian trade. A collaboration agreement is in the works to link the ports of Venice with Mumbai and Genoa with Chennai with the aim of making Italy the gateway for Indian products bound for the European and […]
