India

Trade between India and the United States has seen exponential growth over the past several decades following reform in India designed to attract international investment. Following such growth, trade relations between the two countries have increasingly become a major focus for both countries’ leaders.

As the population demographics are now shifting to a younger workforce in India from China, minimum wage comparisons, while not exact, provide some clues about the nature of costs associated within the labor pools of each.

Jul. 5 – According to a survey from the Associated Chambers of Commerce and Industry of India (ASSOCHAM), India’s pharmaceutical industry may be in trouble as many companies are deciding to relocate their research and development (R&D) operations further south towards the ASEAN region. 250 of the top officials and representatives from India’s pharmaceutical industry based out […]

Jul. 3 – During recent negotiations India and Sri Lanka decided to increase their economic ties so as to double bilateral trade to US$10 billion over the next three years. The meetings, which were held in Colombo, included representatives from both countries and discussed plans to further enhance their trade and investment relationships. “Recognizing that India […]

Jun. 28 – Mumbai may be on the way to overtaking Shanghai as a financial hub in the coming years based on data which shows that the Bombay Stock Exchange’s main index significantly outperformed the Shanghai Stock Exchange’s main index in terms of growth in the past decade. The Bombay Stock Exchange (BSE) traces its […]

Jun. 26 – United States Secretary of State John Kerry has voiced his support for a bilateral investment treaty with India. Kerry was recently in New Delhi for the 4th round of the Indo-U.S. Strategic Dialogue. In a speech on Sunday, he said the treaty would bolster investor confidence in India and address concerns over […]

Jun. 26 – The effective management of indirect taxes in rapid growth markets (RGMs) such as China and India is a primary concern for many multinational corporations (MNCs). An indirect tax is a tax levied on goods and services which is ultimately paid by the consumer in the form of a higher price. Two of […]

Jun. 19 – The Prime Minister of India Manmohan Singh dispatched a special envoy this month to meet with Pakistan’s Prime Minister Nawaz Sharif to discuss bilateral trade relations. During the meeting, both countries agreed on the importance of increased bilateral trade and committed to commence dialogues between the two countries’ respective commerce ministries. According […]

Jun. 12 – India’s largest power company, Tata Power Co. Ltd., has beaten competitors to sign a US$1.8 billion contract to invest in a thermal power project in Vietnam’s Mekong Delta province. The thermal power plant, which will be called Long Phu 2, is the largest project in Vietnam that an Indian company has ever invested […]

India and Myanmar have formally committed to strengthen their bilateral trade relations, including bolstering their cross-border investment efforts. Other advances were also made in the IT and garment and textiles industries.