Indian Foreign Minister S Jaishankar has said India is exploring air corridors between India and five ‘Stans’ of Central Asia to enhance and deepen economic engagement and facilitate trade in perishable goods such as food products and farm produce and position India as a medical tourism destination in the region. Highlights: Central Asia is crucial to India as a source of raw materials such as oil and gas as well as uranium. Bilateral trade, however, remains below potential due to [...]
In and exclusive interview with ‘India Global Business’, Punit Renjen, CEO, Deloitte, discusses why...
With tremendous local talent, world-class infrastructure and business-friendly government policies, Portugal crosses off several boxes for Indian companies seeking to expand overseas. Highlights: Innovation, talented workforce and access to the European market are just some of the factors that make Portugal an attractive investment destination for India. Indian and Portuguese businesses have been steadily collaborating across various sectors. Several reforms and policies have contributed to significantly improve Portugal’s business environment and boost technological development. Portugal and India have a [...]
The Trump administration has adopted punitive measures to weaken India’s justification for barriers owing to its developing economy status. Highlights: The Trump administration has levied steel and aluminium tariffs on India & revoked GSP benefits. India has been the biggest beneficiary of GSP, with over 12 per cent of Indian exports to the US coming under the programme. The USTR’s termination of India’s designation as a beneficiary “developing” country reflects a strategy to weaken India’s justification for barriers owing to [...]
The region presents several opportunities for Indian companies focused on innovative healthcare solutions, among others. Highlights: The Minneapolis-Saint Paul region of Minnesota is the largest metro region in the US. The region is unique because it is home to two major urban centres. The region is renowned as the global epicentre of health innovation and care. The tech talent pool in the region is over 136,000, over 60 per cent larger than Austin, Texas. The Minneapolis-Saint Paul region of [...]
In assiduously wooing Indian investments, US President Donald Trump has signalled to the world (especially China) that the economic and strategic agendas of the US and India are more aligned than ever before, writes India Inc. Founder and CEO Manoj Ladwa. Highlights: While President Trump’s ‘Make America Great Again’ agenda might seem at odds with PM Modi’s ‘Make in India’ push, a deeper look might reveal the two to be complementary. Partnering with India gives the US a combined cost, talent and scale [...]
India’s growing population and increasing urbanisation creates great opportunities for Australian businesses looking to invest in India. Highlights: India’s exports in goods to Australia have grown at 10 per cent from $2.6 billion in 2014 to $3.7 billion in 2018. India accounts for only 2.7 per cent of Australia’s total service imports, leaving a big potential for growth for Indian exports to Australia. India can explore investment opportunities in the Australian market to manage its domestic resource requirements. The [...]
In this interview, Arnab Mitra from India Inc. caught up with Pramit Pal Chaudhuri, Distinguished Fellow and Head of Strategic Affairs...
Sustainability offers businesses a much-needed competitive edge to survive a global market with little negative impact to the environment. The threat of climate change – bushfires, recurring violent storms and rising water levels – have brought the need for sustainability, particularly in business to the forefront. Sustainability is the ability to thrive and exist. And that applies to businesses just as much as it applies to individuals. Logically, addressing global challenges, such as climate change, that threaten the very existence [...]
The German city can help resolve some of the challenges faced by India’s developing economy, says the Managing Director of the region’s leading investment promotion agencies. Highlights: The mix of economic potential and a high quality of life makes Hamburg the powerful heart of northern Europe. Several research and innovation parks in Hamburg offer commercial spaces for innovative companies, research facilities and entrepreneurs, providing the ideal breeding ground for upcoming world market leaders. Sectors like aviation, infrastructure, technology, healthcare, maritime [...]