Chinese Investment in India: What to Make of the FDI Policy Change

We explain how India’s FDI policy change will impact the approval route for investments from China.

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Can India Take Over China’s Position as a Global Manufacturing Hub?

India has the benefit of scale and lower costs to become a new hub for global manufacturing in the post COVID-19 world economy.

The post Can India Take Over China’s Position as a Global Manufacturing Hub? appeared first on India Briefing News.

Mixed reactions to Irdai asking insurers to refrain from paying dividend

Insurance industry experts voiced mixed views on Indian insurance regulator asking listed and unlisted insurers -- life/general/reinsurance -- to refrain from paying dividend to shareholders from profits pertaining to financial year 2019-20.

Allow sales, services of mobile devices during lockdown: ICEA

Making a fresh demand for expanding the "essential services" category, two top industry bodies have urged the government to allow sales and services of mobile phones, laptops and tablets.

Govt allows 29 insurers to do Aadhaar authentication

The central government has notified 29 insurers - life and non-life - to undertake Aadhaar authentication services, said a senior industry official.

COVID-19 Lockdown in India: Only Negligent Companies to be Penalized

India has clarified that only negligent employers will be penalized, in case an employee tests positive for COVID-19.

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'Cash on delivery' orders likely to go down post Covid

The number of cash-on-delivery orders is likely to go down as the coronavirus crisis subsides, according to a poll of senior e-commerce industry professionals done by ClickPost.

Will India’s FDI Policy Change Impact Chinese Investments Post-COVID-19?

India has made government approval mandatory for all FDI inflows from neighboring countries in order to prevent hostile takeovers or discreet acquisition of Indian companies.

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Mobile phone demand won't fall sharply in India: Top industry body

While the lockdown due to the COVID-19 pandemic has led to production loss of an estimated over Rs 15,000 crore for the Indian handset manufacturing industry, there will be no sharp decline in demand for mobile phones in a post-lockdown scenario, predicts industry body India Cellular and Electronics Association (ICEA).

Open with 15% workforce, maintain health measures: Nasscom to IT sector

While the government has allowed IT and IT-enables services to start work with 50 per cent capacity from April 20, IT industrys apex body Nasscom has suggested the industry to go slow along with maintaining adequate health safety measures in place.

India’s COVID-19 Lockdown Extended: We Answer FAQs on the Latest Guidelines

India’s COVID-19 lockdown has extended to May 3, but certain economic activities will be allowed to resume from April 20.

The post India’s COVID-19 Lockdown Extended: We Answer FAQs on the Latest Guidelines appeared first on India Briefing News.

After COVID-19: India to Recover Productivity in 2021

Chris Devonshire-Ellis discusses India’s road to economic recovery amid ADB’s latest projections for regional economic growth in developing Asia.

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IT sector gets relief with partial work resumption from April 20

The Centre on Wednesday announced exemption to the information and technology (IT) industry, along with certain other sectors from the lockdown, with certain conditions.

Zyfra launches remote IoT system for machines in India

Finnish-Russian digital solutions provider Zyfra has launched an Internet of Things (IoT) innovation in the form of a cloud-based version of its 'MDCplus' machine monitoring system which allows remote monitoring of computerised numerical control (CNC) machines already installed by the company for industry clients in India.

Social and Economic Impact of COVID-19 on India and Recovery Potential

In this article we spotlight the social and economic impact of COVID-19 in India, and discuss measures government can undertake in order to recover the economy and attract investment post-COVID-19.

The post Social and Economic Impact of COVID-19 on India and Recovery Potential appeared first on India Briefing News.

Lockdown: Cashew industry cries for help from govt

Already reeling under various issues, the cashew industry in Kerala is on the verge of a total collapse due to the ongoing lockdown.

Fishing, aquaculture industry exempted from lockdown measures

The Centre on Friday exempted the operations of "fishing (marine) and aquaculture industry" from the lockdown measures imposed to contain the spread of transmission of Covid-19.

Allow phased opening of distilleries, permit online sale of liquor: CIABC

Fearing massive financial and job losses, the Indian alcoholic beverage industry has asked the Centre and state governments to chalk out a plan and allow opening of distilleries and bottling plants in a phased manner.

'Ventilators' duty free import will deter prospective players'

Duty-free imports of ventilators will make the prospective manufacturers like the automotive companies, start-ups and others to have a rethink on their investment plans while snuffing out innovation, a top medical device industry official said on Friday

COVID-19 Lockdown in India: Best Practices for Essential Services Workers

As essential services continue to operate during the COVID-19 lockdown in India, here is a list of best practices for organizations to ensure the well-being of employees.

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'RIL may gain market share in oil & gas industry post Covid-19'

Reliance Industries Lts (RIL) is likely to gain market share in the energy segment after the coronavirus crisis is over, according to a report by Morgan Stanley.

OYO announces furlough in select global markets; India safe

As the travel and hospitality industry goes through a near-standstill scenario amid the coronavirus crisis, hospitality major OYO on Wednesday announced furloughs or temporary leaves of 60-90 days for its employees in the US and select other markets, while keeping its staff in India untouched from the move

Why Businesses in India are Building Local Supply Chain Capacity

Businesses in India need to build local supply chain capacity to de-risk from China, lower manufacturing costs, and escape high import duties.

The post Why Businesses in India are Building Local Supply Chain Capacity appeared first on India Briefing News.

GTech lends support to COVID-19 relief activities in Kerala

The Group of Technology Companies (GTech), the industry body of Information Technology (IT) companies in Kerala, on Tuesday lent a helping hand to the COVID-19 relief activities in the state.

India’s Special Economic Zones: A Primer

India’s SEZs offer tax incentives to their resident businesses. In this article, we highlight key information relevant for companies setting up in an Indian SEZ or developing an SEZ.

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Post COVID-19: Export Manufacturing Opportunities for Foreign Firms in India’s Special Economic Zones

Chris Devonshire-Ellis discusses manufacturing opportunities for foreign firms in India after the COVID-19 pandemic ends.

The post Post COVID-19: Export Manufacturing Opportunities for Foreign Firms in India’s Special Economic Zones appeared first on India Briefing News.

Air passenger growth to contract 20-25% in FY21: Report

Passenger growth in the Indian aviation industry is likely to contract 20-25 per cent in financial year 2020-21, according to a CARE Ratings report