09 FEBRUARY 2023View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

INDIA EDITION
 
 
 

TOP STORIES THIS WEEK:

 
 
 
India’s Integration with Global Value Chains: Sector Opportunities and Challenges
 
India can expand its share in global value chains (GVCs) if it simplifies its customs and trade procedures and engages its vast MSME sector with global lead firms. Foreign investors and lead firms should consider India as a more viable destination as it develops a strong network of OEMs and incentivizes the expansion of indigenous industrial supply chains We discuss key constraints...
 
 
India’s G20 Presidency and Asian Trade Implications
 
India has begun the 2023 Presidency of the G20; whose members represent around 85% of the global GDP, over 75% of the global trade, and about two-thirds of the world population. We discuss the Indian impact upon the Asian G20 states.
 
 
India’s Semiconductor Landscape: Government Support and Investment Trends
 
Investment updates within India’s rapidly expanding and globally strategic semiconductor industry.
 
 
Old vs New Tax Regime in India: How to Choose the Right Tax Option
 
We provide an overview and comparison of the old vs new tax system in India and the proposed changes announced in the Union Budget 2023-2 to assist taxpayers in making an informed choice.
 
 
India’s FAME-II Scheme for Electric Vehicles Gets 80% Bump in Budget Allocation
 
India’s budget allocation for the FAME-II scheme to incentivize clean mobility for FY24 is an estimated INR 51.72 billion and underlines the government’s ambitions to meet climate action targets while also reducing fossil fuel dependency and energy imports.
 
 
An Introduction to Doing Business in India 2023 (Complimentary Report)
 
This publication is designed to introduce the fundamentals of investing in the Indian market and includes a guide to corporate establishment, merger and acquisition, tax advisory, HR and payroll, and financial reporting and audit compliance.
 
 

We hope you're enjoying this India Edition.

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NEWS FROM AROUND ASIA:

 
 
UAE-India Bilateral Trade ‘Can Easily Surpass US$100 billion’
 
 
UAE-India Bilateral Trade ‘Can Easily Surpass US$100 billion’
 
The UAE-India Closer Economic Partnership Agreement (CEPA) deal is leading to ‘deeper integration’ in global value chains, according to Piyush Goyal, India’s Minister of Consumer Affairs.
 
 
 
UAE-India Trade and Investment Summary
 
Bilateral trade set to grow at US$5.6 billion per annum from 2022-2028 leading to tremendous opportunities for UAE and Indian exporters.
 
 
China, India, To Be Major Growth Drivers During 2023 – IMF
 
The IMF stated China’s GDP growth was expected to reach 5.2% during the year, while India would achieve growth of 7%. Both are set for a slight GDP...
 
 
Investors From ‘Friendly Countries’ To Have Easier Access To Russian Markets and Investment Capital
 
Investors and businesses from friendly countries will have easier access to the Russian market, according to the ‘Strategy for the Development of...
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Decoding India's Union Budget 2023-24: What’s in it for Businesses?
 
Webinar | Friday, February 10, 2023 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
 
Blockchain Fest Singapore 2023
 
February 16 - 17 | Marina Bay Sands
 
 
 
3rd Annual Floating Wind Europe
 
April 4 – 5, 2023
 
 
 
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