/Tag: Maharashtra

Why Start-up in Maharashtra?

2020-06-08T10:12:02+00:00April 18th, 2019|2019, Home Page, Women's Edition – April 2019|

An Indian politician lists down the advantages nascent firms can gain by choosing Maharashtra as the ideal market for their ventures. “Come, Make in India, we will say to the world, from electrical to electronics,” Hon Prime Minister Modi said in his maiden Independence Day speech as prime minister, pledging to set up what is unarguably the most ambitious efforts towards achieving a manufacturing powerhouse status for India. However, what began with that ambitious declaration by the Prime Minister is [...]

Midlands-Maharashtra partnership offers exciting prospects

2018-12-11T10:29:40+00:00December 6th, 2018|2017/2018, UK Edition – December 2018|

The Mayor of West Midlands celebrates new direct air connectivity between the Birmingham and Amritsar and various tie-ups struck during a recent visit to the country. I have been to India many times, as a traveller and as a buyer when I was CEO of John Lewis. India has always fascinated me: the hustle and bustle, the hidden gems and the never-ending traffic! I have just returned from India but this time I went for the first time as Mayor [...]

Short Takes

2018-12-31T11:58:01+00:00November 25th, 2017|2018/2017, Flagship Scheme, India Investment Journal January Edition, India Investment Journal November Edition, Year|

Vedanta to invest $9bn in India London-based Vedanta Resources Plc will invest roughly $9 billion in India over the next few years to expand its hydrocarbons, metals and mining businesses and meet more of India’s requirements of these commodities locally. Anil Agarwal, founder and chairman, Vedanta Resources Plc, said: “We are planning to invest $2.5 billion in oil and gas to step up our production to half of India’s crude oil output (from 26 per cent in 2016-17). "The other [...]

Adani weathers storm over Queensland mining project

2020-03-17T06:28:49+00:00October 27th, 2017|2017/2018, COVER FEATURE, October 2017, Year|

Steadfast support from the public at large is likely to see Adani's $16.1-billion mining project, India’s largest outbound FDI, through the hurdles. There appears to be some sort of jinx revolving around projects carrying the twin labels of “largest FDI” and “India." Remember Dabhol? The power project by the now bankrupt US company Enron in Maharashtra was the largest inward foreign direct investment (FDI) project at the time. After several false starts, it is finally limping along as the Ratnagiri [...]

Time for Maharashtra to shine… again

2018-12-31T13:25:23+00:00July 21st, 2017|2018/2017, India Investment Journal July Edition, State Focus/Maharashtra, Year|

Once the darling of investors, Maharashtra seemed to have lost its way in the middle but is now charging forward again. In mid 2015 when a delegation from Taiwanese contract manufacturer Foxconn was scouting for a suitable destination for investments in India and South East Asia, the western state of Maharashtra was not even in their initial list of considerations. States such as Gujarat that has a reputation as being most friendly for business, Karnataka that has an established Information [...]

FACT SHEET:An Expat’s Guide to Nagpur

2020-03-12T14:23:45+00:00July 21st, 2017|2018/2017, India Investment Journal July Edition, State Focus/Maharashtra, Year|

Nagpur is often referred to as the 'Orange city' of India because of the juiciest varieties of the fruit found in its orchards. It is the winter capital and the third largest city of Maharashtra, after Mumbai and Pune. Nagpur is also referred to as the second capital of the state, as many of the government offices are based in the city. Among the greenest cities of India, Nagpur’s parks and wildlife sanctuaries help create its scenic landscape. The easy [...]

Uttar Pradesh elections are the one to watch

2019-01-02T08:05:23+00:00January 1st, 2017|2018/2017, India Investment Journal January 2017, Top 5 Things to Watch in 2017, Year|

Senior Columnist Ashok Malik explains how Assembly elections in five states of India will impact growth and investments in the country. How will this round of elections in Uttar Pradesh, Punjab, Uttarakhand, Goa and Manipur affect economic reforms? This is the last round of elections before the rollout of the Goods and Servce Tax (GST). A good performance by the BJP is sine qua non for the smooth rollout of this reform, which, arguably is the most import tax reform [...]