India Inc. Staff2018-05-18T13:07:04+00:00June 11th, 2015|2015, Act East, India Investment Journal - V 3/I 2, Year|
The India-Singapore relationship was almost inevitable. With complementing comparative advantages, democracies and values it was the right fit. However, the relationship between the two remained cordial and did not really start delivering real dividend until then Indian Prime Minister P.V. Narshima Rao delivered his now historic “Look East” policy in 1994.
India Inc. Staff2018-05-18T13:07:04+00:00June 11th, 2015|2015, Act East, India Investment Journal - V 3/I 2, Year|
India has taken a giant leap to move past issues that have held its relations with China captive. China is India’s biggest trading partner with commerce between the two countries totalling $71 billion in 2014. However, the trade deficit has spiralled from just $ 1 billion in 2001-02 to more than $38 billion in the same year.
India Inc. Staff2018-05-18T13:07:03+00:00June 11th, 2015|2015, Act East, India Investment Journal - V 3/I 2, Year|
India’s road from Look East to Act East has led to resolving as many as 15 bilateral tax disputes with Japan. Tax officials from both countries will meet in Tokyo in June to sign agreements aimed solving the transfer pricing disputes relating to Japanese involvement in Indian automobile and auto ancillary sectors and large trading houses.
