| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | India has approved a 66.166-hectare Special Economic Zone (SEZ) in Dholera, Gujarat. Developed by Tata Semiconductor, the SEZ, officially notified on April 9, 2026, is dedicated to semiconductor manufacturing, electronic hardware, and IT/ITES services. | | | | | India’s food processing industry continues to expand in 2026, driven by strong domestic demand, export growth, and supportive government policies. The Production Linked Incentive Scheme (PLISFPI), with an outlay of US$1.16 billion through FY 2026-27, remains a key driver in boosting scale and competitiveness. | | | | | India’s 2026 FDI policy allows up to 10 percent ownership from land-border countries under the automatic route, subject to sectoral caps. However, investments involving control or Chinese-linked entities continue to require approval under Press Note 3. Foreign investors should revisit their structures, keeping LBC exposure limited. | | | | | The Directorate General of Foreign Trade (DGFT) has updated the Foreign Trade Policy (FTP) and Handbook of Procedures (HBP) 2023, mandating that all Certificates of Origin (CoO) be applied for and issued only via its designated digital platform. Manual or off-platform issuance is prohibited and may lead to revocation of CoO authorization. | | | | | The Income-tax Act, 2025 reshapes India’s TDS framework for FY 2026-27, making it critical for companies and foreign investors to align with compliance requirements. TDS applies to taxable payments in India, with distinct regimes for residents and non-residents, where cross-border transactions are typically subject to gross-basis withholding. | | | | | India’s DGFT has extended the I-CAS Halal certification requirement for exporters to 20 additional markets, taking the total to 35 markets as of 2026. To be noted is that the compliance requirement for Halal meat exports to Egypt will come into effect on October 8, 2026. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | | | India’s Next Growth Cycle: Sector Intelligence for Scalable Market Entry explores where global capital is concentrating in the country – from electronics and advanced manufacturing to renewables, EVs, and digital infrastructure – and how policy continuity and trade agreements are reshaping investor strategy. | | | | | This latest edition of An Introduction to Doing Business in India provides a clear, practical roadmap to navigating GST 2.0 reforms, the full rollout of the four Labor Codes, the Digital Personal Data Protection (DPDP) Rules 2025, and updates to incorporation processes, entity selection, audit requirements, and financial reporting. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Wednesday, April 22, 2026 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China | | | | | Webinar | Thursday, April 23, 2026 | 1:00 PM – 2:00 PM AEST / 10:00 AM – 11:00 AM Vietnam | | | | | Webinar | Tuesday, April 28, 2026 | 9:00 AM Los Angeles / 12:00 PM New York |
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