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    UK and India: Forging partnerships for the future

    2018-10-31T07:22:58+00:00August 11th, 2016|2016, Brexit Special, July/August 2016, Year|

    The India-UK economic relationship is an important one, and would continue to go from strength to strength as the UK exits from the EU, according to the Confederation of Indian Industry (CII).

    CII reaffirms its commitment to building trade and investment ties and positively enhancing business linkages with the UK. There is an increasing level of Indian investment into the UK, and many of these Indian businesses are doing extremely well. A recent Grant Thornton/CII ‘India Meets Britain’ report noted that the number of Indian companies growing at over 10 per cent per year in the UK has jumped to 62 from 36 in the previous year. Telecom and technology companies have achieved phenomenal growth, for example HCL Technologies recorded a growth of 728 per cent.

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      Brexit may not be all bad news for India

      2018-10-03T14:10:12+00:00August 11th, 2016|2016, Brexit Special, July/August 2016, Year|

      The frayed nerves have calmed; the markets have stabilised; and investor attention has turned from the fallout of Brexit to the flight path of the Monsoon clouds over India and the fairly good probability of the long awaited GST Bill finally going through the Rajya Sabha and becoming law.

      More than a month after the unexpected vote in favour of Brexit, economists, analysts and policy planners are unanimous that that Britain’s shock decision to exit from the European Union (EU) is unlikely to cause any major long-term damage to the Indian economy as it is still very dependent on domestic consumption, which is mostly insulated from global even.

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        Is it time Britain simplified visas for Indians?

        2018-10-31T07:25:05+00:00August 9th, 2016|2016, Brexit Special, July/August 2016, Year|

        The Royal Commonwealth Society, in partnership with the Confederation of Indian Industry (CII), recently released a new report that lays out the business case for simplifying the visa process for Indian tourists coming to Britain. ‘India Global Business’ explores the bounce it can offer a Brexit-hit UK economy.

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          Brexit: Change brings opportunity

          2018-10-31T07:21:30+00:00August 9th, 2016|2016, Brexit Special, July/August 2016, Year|

          An Indian economist gives his views on the unfolding scenario for India and the world after Britain voted to leave the European Union economic bloc in a referendum on June 23.

          Last year, India invested more in the UK than in Germany, France and Italy combined. In terms of number of projects, India was the third largest source of foreign direct investment (FDI) to the UK, with around 122 projects generating more than 7,700 jobs in the country (Source: Deloitte). The UK is also one of the largest investors into India, contributing around ...

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            A deepening trade divide

            2018-10-03T14:06:37+00:00August 9th, 2016|2016, July/August 2016, Trade Wars, Year|

            A senior academic with expertise in international trade agreements explains why India and the US still have much ground to cover in terms of trade ties.

            Notwithstanding their geo-strategic bonhomie, India and the US remain far apart on international trade. The distance arises from their inabilities to reconcile to a bilateral trade relationship simultaneously accommodating both of their major sources of distinct global comparative advantages. These advantages for the US are in export of intellectual property (IP) – intensive goods and services such as pharmaceuticals and entertainment and education products – whereas for India, they are in...

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              Post-Brexit Britain: Something will have to give

              2018-10-03T14:11:14+00:00August 9th, 2016|2016, Brexit Special, India-EU, July/August 2016, Special Edition - November 2016, Year|

              To say that the UK’s vote to leave the EU has ushered in a period of “uncertainty” would be something of an under-statement.

              Even though the UK voted decisively to leave the EU, there is no consensus on what Brexit means in practice. On the one hand, a few politicians, along with much of the press, are celebrating the UK’s new freedom to pursue trade deals with fast-growing emerging economies such as China and India, for now this freedom is...

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                Rebalancing Trade: Riding the tide of opportunities

                2020-01-07T12:41:20+00:00August 9th, 2016|2016, July/August 2016, Putting it in Context, Year|

                I’m reminded of a famous line from William Shakespeare’s Julius Caesar, which says: “There is a tide in the affairs of men, which, taken at the flood, leads on to fortune; omitted, all the voyage of their life is bound in shallows and in miseries.”

                We are now riding such a tide. Global economic flux and political uncertainty means world leaders need to figure out new relationships, new opportunities and reset the rules of engagement for a more connected and less secure than before world, where unprecedented migration and the movement of people for safety or for work is leading to anxiety.

                These issues need to be...

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                  Racing ahead on the E-vehicle track

                  2018-05-18T13:05:20+00:00August 9th, 2016|2016, July/August 2016, Sector Focus, Year|

                  Mahindra & Mahindra is one of India’s leading automotive giants and among the few global manufacturers of electric cars commercially. The $16.9-billion Mumbai-headquartered conglomerate’s Mahindra Racing was the only team to represent India in the Formula E world racing event for the second consecutive year in London in July 2016.

                  Dr Pawan Goenka, executive director & group president (automotive & farm sector), shares his insights on the racing season, what it means for Indian electric vehicle (EV) ambitions and Mahindra’s plans to become a leading EV player in the world.

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                    A Hollywood style game, set, match

                    2018-10-31T07:29:40+00:00August 9th, 2016|2016, Global Indians, July/August 2016, Year|

                    Ashok Amritraj is famous as one of the Indians who made a mark on international professional tennis back in the 1970s, alongside brother Vijay. The 60-year-old is today best known as a Hollywood producer with over 100 films grossing over $2 billion on the box-office worldwide. The Chennai-born filmmaker is based in Los Angeles but truly embodies the Global Indian tag, making regular trips to India as well as the UK.

                    ‘India Global Business’ caught up with the chairman and CEO of Hyde Park Entertainment during a recent visit to London to delve into the business of cinema, breaking the race divide in Hollywood to pave the way for future generations and China beating India in the box-office race.

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                      Let’s make the most of Brexit

                      2018-05-18T13:05:19+00:00August 9th, 2016|2016, July/August 2016, Last Word, Year|

                      ‘India Global Business’ calls out for government hand-holding to make the most of opportunities arising out of this seismic shift in the global order.

                      A lot has been written on how Brexit will affect the Indian economy. But a disproportionate amount of attention has been paid on the impact on India’s domestic economy and its export prospects. Not enough has been spoken about how it could affect India Inc’s appetite for acquiring British and EU assets – both production facilities and brands – that could help domestic Indian companies ramp up their global presence.

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