Tag Archives: India

Establishing a Trading Company in India

By Dezan Shira & Associates, Delhi Office Sept. 24 – India is fast emerging as a global trade dynamo with its vast natural resources and huge supply of skilled labor. Undertaking considerable industrial deregulation and other structural reforms, regulators in India recognizes that strong exports are critical for overall economic growth and poverty reduction. As such, export-led growth has become a key driver of trade in India – one of the most important trailblazers in the recent enormous expansion of international trade. Indian trade has grown exponentially over the past few years, with exports rising at a rate well above … Continue reading

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India’s New Bank Governor Expected to Advocate Structural Reforms

By David Anthony Matthew Sept. 9 – Named as one of Bloomberg Markets’ fifty most influential people in its upcoming October issue, Raghuram Rajan has been much more than a mere professor of economics over the course of the past decade. One part public intellectual, one part policymaker and perhaps the most famous Cassandra of the global financial crisis, he is widely considered to be among the world’s preeminent thinkers on economic matters. Yet few would envy Rajan today as he steps into the middle of his country’s growing financial maelstrom as governor of the Reserve Bank of India. While … Continue reading

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Tea Industry Sees Growth in India

Sept. 5 – In a stroke of fortunate luck, despite the devaluing rupee, Indian tea exporters have benefited recently thanks to tea producers lowering their prices which has in turn made them much more competitive globally. The decrease in the value of the rupee has actually come at a somewhat opportune time for Indian growers since Kenya (a major competitor to India) recently had a bumper crop and was able to lower its prices to a level that India would have previously struggled to compete with. As a result, many of India’s largest tea producers, such as McLeod Russel, Joonktollee … Continue reading

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India and China’s Retail Industries Compared

According to a new report China ranks fourth globally for retail development. Meanwhile, India’s retail development ranking fell nine spots to fourteenth. A comparison of India and China’s retail sectors reveals some lessons for retailers in both markets. Continue reading

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Global Manufacturing Moving to India

Case Study: U.S.-based Mylan Pharmaceuticals Aug. 21 – Right on the heels of Ford Motor’s announcement that their global auto sales manufacturing hub would be in India, U.S.-based pharmaceutical giant Mylan said that the company has additional plans to invest in India. With half its global work force of 20,000 persons located in the country, about one-seventh of its global income is from its India operations – but this is also expected to jump significantly. Mylan plans to acquire Agila Specialties through its Indian subsidiary for US$1.6 billion. If the proposal is accepted, Mylan expects to increase its domestic sales … Continue reading

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For a Liberal India, Liberate Education

Education is the most in-demand commodity amongst both the rich and the poor in India. Yet, the state is unable to ride this wave to create a more liberal society. If education is the gateway to taking India’s liberal agenda forward, then educational institutions must be free to pursue their own paths By Rama Bijapurkar Aug. 19 – India has the lion’s share of the world’s young people, and that makes it a key custodian of the values of the world of the future. It has chosen the path of knowledge and ideas and liberalism, rather than military might or … Continue reading

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India to Build 17 New Regional Airports By 2017

Aug. 17 – Seventeen new airports are to be constructed during India’s current 12th Five-Year Plan period, the Minister of State for Civil Aviation, K. C. Venugopal, has informed the Central Government. The 12th Five-Year Plan period runs until 2017. Included are four airports in Karnataka, three in Maharashtra, two in Kerala and one each in Arunchal Pradesh, Goa, Jharkhand, Madhya Pradesh, Puducherry, Rajasthan, Uttar Pradesh and West Bengal. All 17 airports are listed out below, and an accompanying map can be found to the right.

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