India and its workforce make a global mark

    2020-03-26T08:49:53+00:00August 3rd, 2018|2017/2018, UK Edition - August 2018|

    Various deals with companies in the US, Germany and Japan reflect India’s attraction across diverse sectors. Hindalco unit to buy Aleris for $2.6bn Hindalco Industries has agreed to acquire US-based Aleris Corporation for an enterprise value of $2.58 billion in a move that will help Hindalco become a global leader in aluminium excluding China. The acquisition will be done through Hindalco’s wholly owned subsidiary, Novelis Inc. The combined entity will have revenue of $21 billion and an employee base of [...]

      Indian companies eye new investment markets

      2018-07-31T13:58:34+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Sector Focus, Year|

      From consumer goods to nuclear energy, there was a wide sector coverage of India’s investment interests across the globe. Japan’s Sumitomo eyes Indian JV Japanese conglomerate Sumitomo Corporation has entered into a partnership with Gurugram-based Krishna Group to venture into the Indian real estate sector. Both corporations have formed a joint venture, Krisumi Corporation, to develop real estate projects across the country and will have a 50-50 stake in the venture. Ashok Kapur, Chairman, Krishna Group, said: "The biggest challenge facing the [...]

        Time for India to get garment exports spinning

        2018-05-18T13:02:56+00:00September 20th, 2017|2018/2017, Cover Feature, India Investment Journal September Edition, Year|

        A country-specific export strategy could turn the tide in India’s favour in the sector, explains an industry expert.

        The world apparel trade stood at $445 billion in 2015 down by 8 per cent from previous year. India’s apparel exports grew by 3 per cent in 2015 whereas that of Bangladesh and Vietnam grew by 8 per cent and 16 per cent respectively in the same year. After the phasing out of quotas in 2005, Bangladesh and Vietnam grabbed the opportunity and their apparel exports increased rapidly. Bangladesh surpassed India in apparel exports in 2008 and Vietnam in 2012 as can be seen from the chart below and their apparel exports have been consistently growing and have been higher than India’s exports throughout.

          The counter-balance within a volatile landscape

          2020-12-17T14:17:37+00:00September 20th, 2017|2018/2017, India Investment Journal September Edition, India-Japan, Year|

          Arun Jaitley significantly ramped up India’s ties with Japan in one of his last major foreign visits before handing over the defence portfolio to Cabinet colleague Nirmala Sitharaman.

          India’s outgoing defence minister, Arun Jaitley, left no doubts about India’s close ties with its neighbour Japan during a recently concluded tour of the country in early September.

          The bilateral Defence Ministerial Meeting in Tokyo saw Jaitley and his Japanese counterpart, Itsunori Onodera, clinch a range of significant tie-ups in the field of defence cooperation, combat exercises and exchanges and counter-terrorism. The significant ramping up of ties is undoubtedly being viewed as a counter-balance to the increasingly volatile situation in the region, with India’s continued tensions with China over Doklam and North Korea’s increasingly belligerent overtures with missile tests.

            Designing an intricate growth strategy for the future

            2018-12-31T12:00:15+00:00September 19th, 2017|2018/2017, Cover Feature, India Investment Journal September Edition, Year|

            The Indian textiles sector has received much-needed attention but its future continues to hang in balance unless bold initiatives begin to pay off. The Indian textile industry is the country’s oldest, going back five millennia, and its modern day avatar employs more than 45 million people, making it the country’s second largest employer after agriculture. Over the last couple of decades, however, this industry has been facing global and domestic headwinds that are threatening its continued wellbeing. But governmental and [...]

              Short Takes

              2018-12-31T12:03:58+00:00September 12th, 2017|2018/2017, India Investment Journal September Edition, India-Japan, Year|

              Japan’s NTT eyes India growth Japan’s NTT Communications Corporation (NTT Com), an ICT solutions and international communications business within the NTT Group, has announced the launch of its international data network services in India through its affiliate NTT Communications India Network Services (NTTCINS). The acquisition of this licence in India follows the initiation of construction of the company’s two new data centres in Mumbai and Bangalore, through Netmagic, a subsidiary of NTT Com and one of the leading managed hosting [...]

                Britain holds on to position as largest G20 investor into India

                2018-12-03T12:53:10+00:00March 15th, 2017|2018/2017, India Investment Journal March Edition, India-UK, Year|

                Britain beat off tough competition from Japan to hold on to its position as the largest G20 investor and biggest job creator in India, a new report revealed. Between 2000 and 2016, the UK invested $24.07 billion in India and created 371,000 jobs, the Confederation of British Industry (CBI) finds in its 2017 ‘Sterling Assets India’ report. Japan by comparison invested around $23.76 billion, followed by the US at $19.38 billion as the top G20 investors into India. “The top [...]

                  Arc of Democracy: Good for Asia

                  2018-09-06T10:12:28+00:00December 10th, 2016|2016, South Asia, Year, Yearend 2016|

                  Japanese Prime Minister Shinzo Abe, with whom Modi shares close ties, is close to becoming India’s “all weather friend”. Japanese Prime Minister Shinzo Abe has spoken of the “Arc of Democracy”, with Tokyo and New Delhi as its two ends and encompassing the ASEAN, Australia and South Korea in between as the ideal architecture for the 21st century, which many have already dubbed Asia’s century. His Indian counterpart and good friend Narenda Modi has outlined a similar template for India’s [...]

                    Time to fast-track the Japanese connection

                    2018-05-18T13:04:38+00:00December 9th, 2016|2016, World View, Year, Yearend 2016|

                    India and Japan signed off a strategic civil nuclear agreement in November. Will it clear the way for a wider and deeper role for Japanese business in India?

                    Narendra Modi is famously fixated with productive use of time. The man hours he has spent on Japan during a career dating back more than a decade to his days as chief minister in Gujarat, are eye-popping. He has always been drawn to Japan’s world-beating manufacturing, engineering processes and a perception of capital as a long-term partner as the preferred route to India’s own development.

                      Africa’s importance to India

                      2018-08-10T07:53:53+00:00December 8th, 2016|2016, World View, Year, Yearend 2016|

                      A leading Indian diplomat based in Africa shares his views on why the continent is important to India. Any observer of Indian foreign and strategic policy may well raise the question: Why Africa? Why should a developing country like India expend its limited political, diplomatic, human and financial resources on Africa when there are myriad problems to be resolved within the country. Moreover, given India’s limited resources spent primarily cultivating the P-5 and other great powers like Germany and Japan, [...]