A public affairs expert based out of Brussels looks into how Brexit would change Europe and the way Indian corporates do business in the region for ‘India Global Business’. It’s a popular perception that the UK’s exit from the EU will lead to a more protectionist and inward-looking Europe. It’s true that the UK has championed the single market and the better regulation agenda to ensure that harmonisation comes with a minimum of red tape; however, that liberalising instinct has [...]
EU-India Agenda for Action 2020: Both sides endorsed the agenda to create a concrete road-map for the EU-India Strategic Partnership for the next five years. EU-India Broad-based Trade and Investment Agreement (BTIA): Both sides agreed to further the negotiations on an early conclusion of the BTIA. Terrorism: Both sides adopted a Joint Declaration on Counter-terrorism to step up cooperation to counter radicalisation and violent extremism. G20 Skills Strategy: Both sides reaffirmed their commitment to implement the G20 Skills Strategy and [...]
At a time when the passage of India’s tranformational Goods and Services Tax (GST) is promising to turn all of the country into a common market of $2.2 trillion from April next year, the turmoil in Europe over Brexit offers India scope for closer economic, political and strategic ties with the European Union (EU), the world's largest common market with a combined GDP of $18 trillion. The EU is India's largest trading partner, clocking $126 billion in bilateral trade. There [...]
An Indian industrialist delves into where the European Union stands in its dealings with India and how future ties will shape up as the economic bloc undergoes a major structural change following Brexit. The referendum which took place in Britain on June 23 this year led to an outcome which resulted in economic uncertainty and a political tsunami in the country. A political party which had won such a big mandate would face a leadership change in such a short [...]
Luisa Santos is Director for International Relations at BusinessEurope, a leading Europe-wide business facilitation group. Here she talks ‘India Global Business’ through some of the ups and downs of the India-EU relations over the years and what lies in store for the future. How important is India to the EU? The EU is India's number one trading partner (13 per cent of India's overall trade with the world in 2014-15) while India is the EU’s ninth trading partner. This clearly [...]
It is of utmost importance that the views of the business and policy communities from both sides are represented in a constructive negotiation process. The EU-India Trade and Investment Agreement is still under negotiation. After the EU-India Summit in March 2016, some steps have been taken from both sides to improve the collaboration but still a lot needs to be done to reach a successful conclusion of the deal. Indian Prime Minister Narendra Modi has launched more than thirty schemes [...]
Nitin Gadkari is among one of the Narendra Modi led government’s biggest assets and has undoubtedly shaken things up as the minister for road transport, highways and shipping. He takes some valuable time out of his incessant schedule for ‘India Investment Journal’ to take stock of where things stand in terms of his enormous infrastructure challenge.
Though cut from the same cloth, the eldest in the next generation of the Munjal family has taken a divergent route from his predecessors. A staunch advocate of reversing the ill effects of climate change, Rahul Munjal is quickly gaining prominence in the green economy and already has India's largest rooftop solar installation and first certified commercial green bond to his name. Inspired by his father who founded what was to become world's largest two wheeler maker--Hero MotoCorp, the junior Munjal is hoping his venture would be as successful in its own way.
India has laid down a very aggressive road map for solar power in the country, with an overall target being 100GW by 2022 – nearly five times from current levels. Co-founder of Rays Power, a pioneer in the field of solar power generation in the country, gives his view on achieving this goal. There is a very huge requirement for equity capital investment in the Indian solar sector and a lot of that capital will come from foreign markets. London, as one of the financial centres of the world, has shown a growing interest in solar in India as a promising story.
The World Bank’s representative working at the heart of the definitive ‘Doing Business’ rankings revisits the Indian government’s pledge to improve the country’s rating on global charts. The overall assessment is good but there is a long road ahead to achieve a truly business-friendly environment. The private sector is often described as the ‘engine of economic growth’, given its critical role in creating jobs, which enable citizens and countries to prosper. However, several factors, such as lack of access to finance or burdensome processes for starting a new business, can undermine private enterprise and, if left unaddressed, can impede growth.