13 June 2024View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

INDIA EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
Under Prime Minister Modi’s New Government, Old Faces Make a Comeback with Emphasis on Continuity
 
Senior BJP party leaders Amit Shah, Rajnath Singh, Nirmala Sitharaman, and S. Jaishankar will continue to lead the four key ministries of Home, Defense, Finance, and External Affairs, respectively.
 
 
 
PM Modi Gets Third Consecutive Term but Opposition Slows BJP Juggernaut
 
Despite the BJP not meeting the majority seats required and therefore needing its coalition partners, industry observers are confident that India will not suffer blockades to reforms or slowdown in economic activity.
 
 
 
Discussions for a New Electronic Components PLI Scheme in India: What We Are Hearing
 
India is reportedly planning a new production-linked incentives (PLI) scheme for electronic components, targeting a value addition of 35-40 percent to replace the expired SPECS program and complement existing PLI programs.
 
 
 
Prospects in India’s Agrochemical Sector
 
With an export size that reached US$5.5 billion in 2022, India’s agrochemical sector is projected to reach a market value of US$14.5 billion by FY 2027-28, up from around US$10.3 billion currently.
 
 
 
Shops and Establishment Acts in India: An Explainer
 
The Shops and Establishment Acts in India are state and union territory-specific laws that govern employment and labor service conditions in shops and commercial establishments, excluding factories, and require compliance...
 
 
 

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
Complying with Vietnam’s Personal Data Protection Decree
 
 
Complying with Vietnam’s Personal Data Protection Decree
 
This report dives into the respective regulations that encompass Vietnam's personal data protection regime, with particular emphasis on the Personal Data Protection Decree.
 
 
 
 
An Introduction to Doing Business in Hong Kong 2024
 
Hong Kong is the premier hub and gateway for businesses to trade with, invest in, and access the wider China and Asia regions.
 
 
 
An Introduction to Doing Business in Indonesia 2024
 
This publication, designed to introduce the fundamentals of investing in Indonesia, was compiled by the experts at Dezan Shira & Associates.
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
India HR & Payroll 2024: Essential Insights for Global Businesses Expanding into India
 
Webinar | Tuesday, June 25, 2024 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
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