| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | The Ministry of Electronics and Information Technology (MeitY) is working on a comprehensive policy framework to provide fresh incentives for GCCs. These incentives aim to complement existing state-level policies and encourage GCCs to expand into smaller towns and cities. | | | | | Foreign SMEs and investors can mitigate business partnership risks in India by conducting comprehensive due diligence checks and seeking local expert guidance for reviewing the target company’s history, financial health, legal compliance, and operational capabilities to ensure alignment with company business goals. | | | | | The Karnataka Global Capability Center (GCC) Policy, launched November 2024, focuses on AI, collaboration between academia and the private sector, R&D, talent development, and expanding investment zones beyond the capital Bengaluru through fiscal, regulatory, and tax incentives. | | | | | The rise of remote work, accelerated by the COVID-19 pandemic, has transformed India’s employment landscape, offering flexibility for employees and access to broader talent pools for employers. However, this shift brings tax complexities for both salaried workers and Non-Resident Indians (NRIs) working remotely from India. | | | | | India’s electronics manufacturing industry is undergoing a transformative shift, driven by strategic government initiatives, increasing domestic demand, and a commitment to self-reliance (Atmanirbhar Bharat). Policymakers want India to become a global hub for electronics production, leveraging innovation, infrastructure, and private sector collaboration. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | With its strategic geographic position, rapidly expanding industrial infrastructure, and government initiatives aimed at enhancing the logistics environment, Vietnam offers a wealth of opportunities for both domestic and international investors. This issue of Vietnam Briefing Magazine will serve as a key resource for investors seeking to enter this dynamic market. | | | | | This India Briefing Magazine edition explores India’s evolving trade landscape, covering regulatory reforms, manufacturing clusters, and trade partnerships. It provides insights into structuring trading entities, leveraging industrial hubs for export production, and diversifying markets to boost competitiveness and mitigate geopolitical risks. | | | | | The ASEAN education market offers substantial foreign investment opportunities, driven by economic growth and reforms. This issue of ASEAN Briefing explores government initiatives to attract investments, highlighting emerging opportunities in Indonesia, Malaysia, Thailand, and Vietnam. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Monday, December 16, 2024 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China | | | | | Webinar | Tuesday, December 17, 2024 | 4:00 PM China Time / 3:00 PM Vietnam Time / 9:00 AM CET | | | | | Webinar | Thursday, December 19, 2024 | 4:00 PM China / 9:00 AM CET / 8:00 AM UK |
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