Economic Growth

/Tag: Economic Growth

Lower GST rates to help sustain demand in a fiscally responsible manner

2020-12-11T10:44:02+00:00November 3rd, 2020|In Focus: Covid-19 impact, India Inc Views - India Global Business|

India’s GST system is too complicated and has far too many slabs. A simpler regime with fewer, lower rates will improve compliance, lower prices, increase consumption demand and, most importantly, not cost the government an arm and a leg to implement.

Right time for India to push for greater FDI inflows

2020-05-11T05:25:45+00:00April 24th, 2020|2020, Home Page, North America Edition – 24 April-07 May 2020, The Big Story North America - India Global Business|

Despite a global recession, India is expected to be among the few countries that will still grow, offering foreign investors an ideal FDI destination as they look to relocate their factories away from China. Highlights: The IMF predicts India’s growth rate to bounce back to 7.4 per cent next year. India can escape recession due to its fewer linkages with global supply chains and its dependence on domestic consumption as the primary driver of GDP growth. India’s large domestic market [...]

Sunrise in the East

2020-03-18T09:22:15+00:00December 27th, 2019|2019, UK Edition – 27 December 2019|

Odisha, which produces about a third of India’s mineral output, has leveraged its immense natural wealth to lay out the red carpet for industry, and has leapfrogged ahead of many others. Highlights: Indian giants like Tata Steel, JSPL, Reliance Industries, the Adani Group, National Thermal Power Corporation, Tata Consultancy Services and Vedanta have invested in Orissa. Its high economic growth, wide-ranging fiscal and policy incentives, skilled labour pool and geographic location make it a favourable destination for investors. Odisha has [...]

India will remain a very attractive place to do business

2020-03-24T07:45:48+00:00September 25th, 2019|2019, North America Edition – 27th September 2019, UK Edition – 27th September 2019|

Gaurav Dalmia, Chairman of Dalmia Group Holdings, discusses the current economic and business climate in India while also highlighting some key lessons for Private Equity investors considering the Indian market. How would you classify the Indian investment climate against the backdrop of an economic slowdown? India has been quite a hot destination for investment over the past few years. In the fiscal year 2018-19, India attracted $44 billion in inbound FDI. This is capital that chooses target destinations freely. In [...]

India shows the way on globalisation

2020-03-24T07:39:34+00:00September 13th, 2019|2019, Global Edition – September 2019, North America Edition – September 2019|

India has been opening up its markets to foreign investments and creating opportunities for companies globally even as trade wars are closing markets in other countries. Economists around the world are burning the midnight oil trying to answer the question that is giving sleepless nights to heads of states and C-suite occupants alike: is the world economy heading towards a recession? Economic report cards from the largest economies don’t make for happy reading. The US manufacturing sector has been slowing [...]

Peru reaches out to Indian companies

2019-09-24T10:45:26+00:00November 16th, 2018|2017/2018, Global Edition – November 2018|

An investment promotion expert for the South American country highlights why a free trade agreement with India will prove beneficial to both economies. Peru has an investment grade rating, the second highest in Latin America, from the three main agencies (S&P, Moodys and Fitch) and has managed to break the common false dichotomy that high growth tends to accompany inflationary pressures by presenting the highest economic growth and lowest inflation rates in the region over the last two decades. In [...]

Why global investors should go full-throttle on India

2020-03-24T07:44:30+00:00July 5th, 2018|2017/2018, Home Page, Putting it in context, Special Edition - June 2018|

A financial services sector expert lays out the factors stacked in favour of India as a hub for foreign direct investment (FDI). India is undoubtedly one of the world’s most impressive growth stories today, and is an economy that global investors can ill-afford to ignore. We at KKR have been investing in India for almost a decade and continue to be excited about the country’s future trajectory. The last 10 years were amongst the most benign for the global economy. [...]