India: An emerging global manufacturing hub for the auto industry
From a non-existent base 40 years ago, the Indian auto industry has come a long way, writes an industry expert.
Revving up: Auto sector going global
India Inc. Founder & CEO Manoj Ladwa tracks how India has driven its auto sector on to the road of global success. Even as you read this piece, there are at least 1,500 passenger cars and 6,000 motorcycles being loaded onto ships at some Indian port for export to the Middle East, Africa, Europe and even the US. The badges they wear read like a veritable who’s who of the international auto industry and include such marquee names as Toyota, [...]
Mission 2022: Modi sounds the election bugle
The Indian PM has spelt out his vision for a New India ahead of the next General Election in the country. Prime Minister Narendra Modi has, in past Independence Day addresses to the nation, announced grand flagship schemes that promise to transform India. So, one was expecting more of the same this year. Instead, the Prime Minister announced a vision – of a New India, that he urged all Indians to work towards, by 2022. He outlined the broad contours [...]
Global Indians in the UAE
The United Arab Emirates (UAE) has attracted a series of Indian entrepreneurs to its shores who today stand out as the perfect ambassadors for India-UAE ties. Yusuffali MA Organisation: Lulu Group Industry: Retail Place of origin: Kerala Background: Left India in 1973 for Abu Dhabi to join EMKE Group, founded by his uncle. There he developed the business further and launched the Lulu Hypermarket in 1990 at a time when the retail sector in the UAE was undergoing a change. [...]
India an important export hub for auto sector
Y.K. Koo, as Managing Director & CEO of Hyundai Motor India Limited (HMIL), is in the driving seat of one of the leading automotive giants in India. ‘India Global Business’ explores his vision for the Indian market, plans for the country as an exports hub and R&D plans for the region. How important is India for Hyundai globally, as a market and as a production hub? India has emerged as an important automotive market and offers huge growth potential for [...]
Close and warm but…
Donald Trump’s ambivalence on economic and strategic issues concerning India is coming in the way of taking bilateral ties to the next level. If India and the US were Facebook friends, then many in the Indian establishment would be justified in describing the relationship as “It’s complicated.” India is a “major defence ally” of the US, the economic relationship is vibrant, at least on the face of it, Washington has reiterated its support for India to be admitted into the [...]
An Indian in Lagos
Nigeria’s largest and fastest-growing cities is home to many Global Indians. Besides its reputation as a major financial centre and being known as the commercial capital of Nigeria, Lagos also has the distinction of being a historic and lively city. Top 5 Business Hotels in Lagos Federal Palace Hotel www.suninternational.com/federal-palace Address: 6 – 8 Ahmadu Bello Way; Victoria Island; Lagos; Nigeria Email: reservations@ng.suninternational.com Telephone: +234 1 277 9000 Lagos Oriental Hotel www.lagosoriental.com Address: 3, Lekki Road, Victoria Island Lagos Email: [...]
Middle East a key beachhead for Indian companies
Established Indian business houses as well as start-ups are investing billions in the Middle East, especially Dubai and Abu Dhabi, to leverage the global access and ease of doing business the region offers. There are only two certainties in life, death and taxes, goes an old saying. The bonus of living, working and doing business in most Middle Eastern countries is that taxes are either non-existent or very nominal. That is one reason why an increasingly large number of Indian [...]
India matters for America; America Matters for India
A new publication and web resource on India-US relations delves into a new era of multi-dimensional bilateral ties. “The relationship between India and America has overcome the ‘hesitations of history’.” This was a statement made by the Indian Prime Minister, Narendra Modi, at his joint address to the US Congress in 2016. The “hesitation” refers to the phase where in a bipolar Cold War era India decided to adopt a foreign policy of non-alignment and India’s weak economy pre-1991 wasn’t [...]
India emerges as hub for small cars, bikes and even heavy duty trucks
Country’s robust automobile manufacturing base is now churning out cars and bikes for diverse geographies from Latin America, Africa to East Asia and Australia. In fiscal 2016, India exported more cars across the world than China. On the one hand, it does not mean much. In the overall list of top car exporters, India still ranks a poor 20th. Even among emerging economies in Asia, it is behind Thailand. Yet, overtaking China has its own importance. It is the world’s [...]