| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates (An Ascentium Company). |
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| | | | Karnataka’s 2026 minimum wage revision raises wage floors across 81 scheduled employments, with monthly minimum wages reaching up to INR 34,225. Employers should urgently review wage structures, employee classifications, contractor arrangements, and payroll systems to avoid underpayment exposure and inspection risk. | | | | | The India-Oman CEPA, effective June 1, 2026, opens new tariff concessions and market access opportunities across pharmaceuticals, manufacturing, agriculture, and services. Businesses planning to use preferential duty benefits must align origin documentation, CAROTAR compliance, and customs processes from the outset. | | | | | India’s Special Valuation Branch scrutiny is no longer just a customs filing issue. Importers should review valuation methods, transfer pricing positions, HSN classifications, royalty payments, and intercompany arrangements to reduce audit exposure and strengthen documentation before authorities raise queries. | | | | | The Jane Street tax dispute highlights India's closer review of offshore investment structures, treaty claims, and commercial substance. Foreign investors using Singapore or other treaty jurisdictions should reassess holding structures, documentation, and tax positions to ensure they can withstand regulatory scrutiny. | | | | | India is accelerating its plug-and-play industrial infrastructure with a INR 336.60 billion plan to develop 100 industrial parks. For manufacturers, the initiative could shorten setup timelines, improve site readiness, and support faster scaling across priority industrial states and sectors. | | | | | India’s AI, cloud, and digital services boom is turning data center cooling into a high-growth infrastructure segment. With the domestic cooling market projected to grow 9–10 percent annually through 2032, investors should assess technology, energy efficiency, and operating cost advantages early. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | | | This report examines the corridor’s role in manufacturing, digital infrastructure, green finance, talent, and innovation, helping investors assess growth pathways, risk factors, and cross-border expansion potential. | | | | | This magazine provides practical guidance to help businesses align systems, processes, and compliance strategies with the new framework. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Wednesday, June 24, 2026 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China | | | | | Webinar | Wednesday, July 22, 2026 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China | | | | | Webinar | Tuesday, June 16, 2026 | 4:00 PM China Time / 10:00 AM CET |
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