News You Can Use

Poor Countries are the Best Hope to Boost Western Economies

Entry India, LLC — Wed, 02 Nov 2011 08:42:24 -0400

Nov. 2, 2011

Bollywood Reaps Benefits of Tranformation

Entry India, LLC — Thu, 13 Oct 2011 12:22:50 -0400

Until recently, Bollywood had few legitimate sources of film finance; money came from underground sources with the heavy strings attached. Piracy was rampant. The star system created a financially precarious situation. And marketing was nonexistent.

According to the "FICCI-KPMG Indian Media and Entertainment Industry Report 2011," Bollywood is finally seeing the fruits of corporatization.

India's central bank raises interest rates to 8.25%

Entry India, LLC — Fri, 16 Sep 2011 09:06:16 -0400

While India's $1.7 trillion economy expanded 7.7 percent 2Q, India’s central bank raised interest rates to 8.25% from 8%. This is the 12th time since last year, India has raised interest rates. The main issue is the rising inflation.

>> Read More

Government of India giving grants to setup Food Processing, Cold Chains and Preservation Infrastructure

Entry India, LLC — Thu, 15 Sep 2011 18:11:31 -0400

$9 billion post-harvest losses in 2009. 40% wastage of food in a country like India is huge. With growing population, more mouths to feed, India can't afford to neglect the food sector.

Read Article

India's inflation hurting India's Growth

Entry India, LLC — Thu, 15 Sep 2011 11:48:50 -0400

An interesting article, by WSJ, which certainly presents a cautionary look at India's growth with respect to its rising inflation.

My personal thought behind why increase in the interest rates has not been able to control the inflation rates is the unorganized sectors in India.

Read Article >>

India attracts significant investments for semiconductor manufacturing

Entry India, LLC — Tue, 13 Sep 2011 12:06:19 -0400

India is attracting significant investments directed at setting up facilities to assemble, test, mark and package chips, According to Press Trust of India / New Delhi, 11 companies, both foreign and local, have expressed interest to set up semiconductor wafer fabrication plant. This will forward India's dream to emerge as global manufacturing hub for electronics.

>> Read More

Whats bothering India: 7.7% growth is the lowest in last 6 quarters

Entry India, LLC — Fri, 02 Sep 2011 12:03:31 -0400

Compared to the current economic conditions in US, this is heavenly for India. No doubt that India is the market for US companies to explore and benefit.

>> Article

Delhi is home to almost half of 3138 foreign companies operating in India

Entry India, LLC — Fri, 02 Sep 2011 11:23:24 -0400

Delhi NCR is the Business Capital of India when compared to Mumbai which is the financial capital, Bangalore is IT Capital and Tamil Nadu is foreing car market and consumer durable.

Read more

11 US varsities selected for partnership programmes with India

Entry India, LLC — Mon, 15 Aug 2011 18:51:06 -0400

No doubt that Indian colleges need to collaborate with foreign education institutions, especially US based, to bring trainers and quality to their academic programs and no doubt that US universities need students and investment to sustain their research programs, reduce costs...

Three reasons that I think why US universities will do well in India are: English speaking population, huge, aspiring middle class, and respect for the American degree among Indians.

Engineering Colleges on sale in India

Entry India, LLC — Mon, 15 Aug 2011 18:23:00 -0400

On one hand India needs more engineers and on the other several engineering colleges are on sale in India. 'Zero branding' and 'bare infrastructure' are cited as two primary reasons for the latter. In essence, the colleges in question produce engineers who do not find jobs. I strongly feel that for the investors and foreign academic institutions who want to enter the Indian education sector, this presents a golden opportunity....get a head start, turn the situation around with your vision, added value and reap huge benefits.

Opportunity in 'Skill Development Training' in India

Entry India, LLC — Sat, 09 Jul 2011 13:21:57 -0400

'Skill Development training': An unparallel opportunity in India

India needs trained professionals to sustain its growth trajectory and the demand is growing every year.

For example, about 10,000 trained professionals are in demand each year by companies pursuing clinical research services in India.

Temple University's School of Pharmacy (TUSP) of Philadelphia will launch courses in medical and regulatory fields in a remote delivery mode for Indian students from August.

Inbound investment deals on the rise

Entry India, LLC — Sat, 09 Jul 2011 09:58:44 -0400

A good reason to Invest in India...

Strong domestic consumption is the biggest reason for which the foreign companies are venturing into India to sell their products/services.
This is very evident from the increase in inbound investment deals by 3 times in the first 6 months of 2011.

>> Read More

Opportunities for Venture Capitalists Across the Globe

Entry India, LLC — Tue, 28 Jun 2011 16:28:28 -0400

"Challenges and Opportunities for Global Venture Capital" panel at the 2011 Wharton Private Equity and Venture Capital Conference. addressed the developing areas of China, India, Southeast Europe, Turkey and Latin America. In a nutshell, opportunities for investments abound in these emerging markets in the Internet, financial services and clean technology sectors.

>> Read More

Education sector Opportunities in India

Entry India, LLC — Thu, 23 Jun 2011 21:03:15 -0400

Education Sector Opportunities in India

There exists a large gap in both capacity and quality across all education segments in India: Pre-school, K-12, College Education, distance learning, Vocational training etc. This gap is playing an important role in shaping govt. policies and the increasing role of private players in education. For example, the model school scheme, allowing private management of govt. schools is a potential US$ 4.7 billion opportunity.

Gurgaon, a microcosm of Indian dynamism and dysfunction.

Entry India, LLC — Mon, 13 Jun 2011 15:09:01 -0400

Gurgaon, a city just outside the capital of India, New Delhi, has emerged as an economic powerhouse.despite woefully inadequate infrastructure and dysfunctional bureaucracy.
Electricity blackouts? Gurgaon’s companies and real estate developers operate massive diesel generators. No water? Drill private borewells. No public transportation? Employ hundreds of private buses and taxis. Worried about crime? Gurgaon has almost four times as many private security guards as police officers.

Can India be your manufacturing hub for servicing other Asian countries?

Entry India, LLC — Tue, 31 May 2011 01:32:05 -0400

As a manufacturing hub, India is strategically positioned for servicing markets from Myanmar to Australia and West Asia.

Even with the reference of Capgemini's survey suggesting India could overtake China as manufacturing hub, the evidence is unreliable.

Cheap labor has its merit for companies to outsource their manufacturing to India but it is the Indian labor laws that are deterring to the exploitation of its manufacturing capabilities.

Is Mumbai really a City of Opportunity for international players to set up their business there?

Entry India, LLC — Sun, 29 May 2011 13:09:57 -0400

Mumbai among world's 26 'Cities of Opportunity'

Based on the parameters that are important to attract talent and economic growth, Mumbai is the only Indian city selected by PwC.

Not knowing if the report is focused at SMEs or MNCs, I still would strongly suggest foreign companies, that are interested in India, to visit other Indian cities before making a final selection. Cost plays a major role in the decision for international expansion and Mumbai is certainly not cheap.

Indians retain the top spot in global consumer poll

Entry India, LLC — Tue, 24 May 2011 21:32:26 -0400

India's consumer: most optimistic in the world

The learning here is that Indians are enjoying their newly created wealth. Rising salaries and availability of right products/services are driving Indians to spend.

Entrepreneurship in India

Entry India, LLC — Tue, 24 May 2011 20:44:00 -0400

Shining example of entrepreneurship in India

Four software engineers, former employees of Wipro in Bangalore, quit their jobs and turned entrepreneurs to set up a milk dairy. In this example you can see a perfect mix of mindset, technology and partnership. Multiple similar ideas can be drawn in various fields for example in water treatment, air purification, etc.

Setting up research center in India

Entry India, LLC — Thu, 19 May 2011 14:49:22 -0400

Research Center to help save energy in buildings, mobility solutions and renewable energy

Its an example to tap into the Indian education sector.
Especially for vocational institutions, the opportunity in India is humongous.

Feeding Indians, a rising opportunity

Entry India, LLC — Thu, 19 May 2011 12:42:21 -0400

Serving Indians' taste buds: demand to double in 5 years

Economically rising Indian middle class is getting more aware of eating healthy & nutritious food. They want consistency in the taste of seasonal food items. And, importantly, they are ready to pay for this.

The Indian food industry, which includes food production, quality control, food packaging, transporation, temperature controlled warehousing, referigerated retailing, presents an unparalled opportunity to benefit economically with a great social impact.

A US university partners with University of Hyderabad

Entry India, LLC — Tue, 10 May 2011 23:38:31 -0400

An example for US univerisities to follow in India

A perfect example for US universities to enter the booming education sector in India. Creating skill development centers or setting up research programs will be the best sellers in India.

India's Student Run Start-ups

Entry India, LLC — Sun, 08 May 2011 22:39:34 -0400

There’s no denying the increase in number of student start-ups.

When the National Entrepreneurship Network conducted its First Dot National Competition for student start-ups earlier this year, it received 99 applications from 19 cities And only four of the 99 came from families that earned more than Rs25 lakh a year.

Merk is moving aggressively to tap India's growing diabetes market

Entry India, LLC — Tue, 26 Apr 2011 13:06:32 -0400

India is arguably the "diabetes capital" of the world & Merck is aggressively moving to profit from it.
The Indian arm of Merk, will launch at least five anti-diabetes products in the domestic market this fiscal year, says managing director Marek Dziki.
>> Read More

Job trends in India: 254,000 in Tier-II and 150,000 in Tier III cities

Entry India, LLC — Sun, 24 Apr 2011 18:30:39 -0400

Job Creation in India, during 2010-11: 250,000 in Tier I cities, 254,000 jobs in Tier-II and 150,000 in Tier III cities

An example of India's growth story, this can also be interpreted as an indicator to explore investment or business opportunities in small and medium size cities of India.

Indian education sector: $54 million invested in the sector by private equity companies in 2010

Entry India, LLC — Sun, 24 Apr 2011 18:07:14 -0400

Tutoring and coaching business in India: A case to look at

The example of Career Launcher India Ltd is a clear case of investing or getting into vocational business in India.

L'Oreal's 'India Strategy'

Entry India, LLC — Thu, 21 Apr 2011 10:46:14 -0400

L'Oreal Strategy in India: Develop products locally and get Indians hooked

The news highlights the importance of developing relevant solutions locally. In case of L'Oreal, it will be done through their upcoming Research and Innovation Center in Mumbai.

For L'Oreal products, the compound annual growth rate in last decade has been about 30%.

Competitive bidding is lowering the profit margins in solar projects

Entry India, LLC — Wed, 20 Apr 2011 23:00:49 -0400

Competitive bidding for solar projects making financing tough

Caution for the investors interested in investing in solar projects. Competitive bidding is leading to lower profit margins.

India's retail market: $820 billion by 2020

Entry India, LLC — Sat, 16 Apr 2011 02:06:38 -0400

India's retail market to be $820 billion by 2020: Opportunity and Survival

Opportunity is humongous, value to the Indian consumer is high but entering the market and surviving is a skill.

Mineral water industry is growing 25% annually

Entry India, LLC — Sat, 16 Apr 2011 00:11:41 -0400

Packaged mineral water: India's thirsty need

India needs drinking water. The market for packaged mineral water, which is considered a wellness product in India, is growing 25% annually. Consumers in India are ready to pay premium for the food cooked in mineral water.

Creating teachers in India: An entrepreneurial effort required

Entry India, LLC — Tue, 12 Apr 2011 15:00:59 -0400

Creating Teachers in India: An entrepreneurial effort required
Technopak Advisors / New Delh April 11, 2011, 0:20 IST

With increasing shortfall, 5 million by 2015 of teachers in India, there is an opportunity for the entrepreneurs to connect knowledge with the aspirers.

Educating India - An opportunity for US academic institutions

Entry India, LLC — Tue, 12 Apr 2011 11:38:56 -0400

Obama-Singh initiative to take wings soon
Posted: Mon, Apr 11 2011. 1:00 AM IST

Obama singh initiative ,21st Century Knowledge Programme, to be become a road-map for the US Universities to set-up innovation universities in India.

Steps to enter the Indian market

Entry India, LLC — Thu, 07 Apr 2011 15:59:11 -0400

Entering the India Market
Wednesday, March 23, 2011 | Terry Costlow, IPC

A talk with Gunjan Bagla, founder and Managing Director of Amritt Ventures and author of Doing Business in 21st Century India.

IPC: What are some of the major points that companies need to consider before setting up operations in India?

India's IT graduates: 75% are not employable

Entry India, LLC — Thu, 07 Apr 2011 15:41:57 -0400

Only 25 % IT graduates readily employable: Nasscom
7 Apr, 2011, 07.21AM IST, Harsimran Julka & Pankaj Mishra,ET Bureau

To sustain the current economic growth, India needs to produce skilled but employable graduates.

This is serious for India's $60 billion outsourcing industry.

Exploding mobile market of India

Entry India, LLC — Thu, 07 Apr 2011 15:23:36 -0400

India added over 20 mn mobile users in Feb: Trai
Press Trust of India / New Delhi April 6, 2011, 21:55 IST

A country where phone was a luxury little over a decade ago now have 826.25 million telephone users according to Telecom Regulatory Authority of India (Trai).

India added 20 million mobile users in Feb.

India-Africa Trade Set to Reach $75 Billion by 2015

Entry India, LLC — Wed, 30 Mar 2011 15:04:18 -0400

India-Africa trade set to reach $75 billion by 2015, according to Anand Sharma, India's Union Minister for Commerce and Industry, speaking at the conference organised by Confederation of Indian Industry (CII) and Exim Bank.
The India-Africa trade currently is 45 billion.
>> Read More

Youths don't view Mumbai as land of opportunity: Study

Entry India, LLC — Sat, 26 Mar 2011 19:32:20 -0400

Youths don't view Mumbai as land of opportunity: Study
Madhavi Rajadhyaksha, TNN | Mar 27, 2011

The city of Opportunity of India 'Mumbai' not matching upto the aspirations of two-third of mumbai-kars.

According to a United Nation's survey 'State of the Urban Youth 2010/11', less than a third of the city's youth think that they have access to economic opportunities, including jobs and chances to develop businesses.

'Better late than never', said Warren Buffet on investing in India

Entry India, LLC — Wed, 23 Mar 2011 12:52:44 -0400

I'm a retard for coming to India so late: Warren Buffett
TNN | Mar 23, 2011, 12.49am IST

Warren Buffet is on a 3 day business trip in India (March 22 to 24). Talking to the business people in the city of Bangalore, he said that his company Berkshire Hathaway (BH) would make 1 big investment in India every year.

For complete article, click here.

Dell Boosts Sales Target in India

Entry India, LLC — Tue, 22 Mar 2011 11:06:44 -0400

Dell to Boost Sales Targets in India

Michael Dell, Chief Executive Officer of Dell Inc sees India on a clear path to become the third largest economy of the world. Expecting investments to scale 'very nicely', he aims to boost sales in India to $2 billion. He also announced plans to add substantially to Dell's 23000 strong work force in India.

>> complete article

Should Corruption be a part of your business plan when doing business in India ?

Entry India, LLC — Sun, 20 Mar 2011 11:18:31 -0400

Make sure Corruption is a part of your business plan when doing business in India !!

In a recent survey, KPMG found that a wide majority of Indian people believed corruption was impediment to 9 per cent growth targeted in the next fiscal year. A solid majority of those surveyed felt that corruption makes the country less attractive to foreign investors.

For complete article, click here.

From 330 medical colleges, India has 1 doctor for every 1700 people: Target 1 for every 1000

Entry India, LLC — Sat, 12 Mar 2011 21:06:03 -0500

India aims to have a doctor for every 1,000 people by 2031
Kounteya Sinha,TNN,Mar 7, 2011, 03.43am IST

Currently, there are 330 medical colleges with an intake of approximately 35,000 students. With this intake, the shortfall of doctors by 2031 is estimated to be 9.54 lakh.

India at present needs 29,400 teachers but there is a shortfall of 6,340 teachers. There will be an additional need for 35,740 teachers in India soon, the report said.

Excellent opportunity in investing in 'cold-storages' (food retailing industry)

Entry India, LLC — Sat, 12 Mar 2011 20:23:00 -0500

Cold storages hope to attract investors after getting industry status
Anjali Prayag & Anjana Chandramouly, Bangalore, March 7

107 cold-storage projects with a capacity of 5 lakh tonnes had been approved, according to the Finance Minister.

All retailers agree that increased shelf life of products will help farmers, retailers and customers, and the creation of modern cold-chain capacity is vital for reducing wastage of horticultural products in India.

For complete article, click here.

Want job, go to India: manufacturing, finance, insurance, real estate, education and wholesale and retail trade

Entry India, LLC — Sat, 12 Mar 2011 20:17:58 -0500

India Inc plans aggressive hiring drive
Posted: Tuesday, Mar 08, 2011 at 1018 hrs IST

New Delhi: Reflecting the bullish employment market, companies in India plan to recruit new personnel at a hectic pace over the next three months, with the manufacturing industry expected to offer the strongest hiring prospects, says a survey.

Staffing services firm Manpower's Employment Outlook Survey released today showed that employers in India have the strongest hiring intentions for the 2011 second quarter.

India on mind, Carnegie Mellon University thinks digital

Entry India, LLC — Sat, 12 Mar 2011 20:06:47 -0500

India on mind, Carnegie Mellon University thinks digital
Surajeet Das Gupta & Piyali Mandal / New Delhi March 8, 2011, 0:45 IST

Carnegie Mellon University President Jared Leigh Cohon has been trying to push “digital education” as the next big revolution in the sector.

Cohon says: “Digital education is a disruptive technology, as it could bring education at a lower cost to the masses. But, more important, it is an ideal way to reach markets like India, where cost is a key factor and the majority knows English.”

Salary hikes in India: 12.9% in 2011

Entry India, LLC — Sat, 12 Mar 2011 19:53:21 -0500

India to see 12.9% salary hike in 2011
Press Trust of India / New Delhi March 08, 2011, 16:08 IST

Employees in India are expected to see a salary hike of 12.9% this year, among the highest in the world, as industries are benefiting from the country's robust economic growth, according to Aon Hewitt, a global HR consultancy group.

Led by engineering services sector, the projected jump of 12.9% in salaries for this year is higher than the actual increase of 11.7% seen in 2010.

US companies shall target to sell to India's Infrastructure needs ($1 trillion to be spent in next 5 years)

Entry India, LLC — Sat, 12 Mar 2011 19:38:06 -0500

India Prepared for $1 Trillion in Infrastructure Spending
By Isac Simon | More Articles, March 10, 2011

According to official estimates, India plans to spend $1 trillion over the next five years to improve its infrastructure.

Ports in India can’t accommodate vessels longer than 305m

Entry India, LLC — Sat, 12 Mar 2011 14:00:40 -0500

Indian ports too small for container giants
pr.sanjai@livemint.com, Posted: Fri, Mar 11 2011. 1:00 AM IST

With India’s shipping channels being too shallow, much of the containers destined for the country and carried by such large vessels have to be trans-shipped at ports in Colombo, Singapore or Dubai.

Backup infrastructure such as connecting roads, railway lines and storage space at ports and at warehouses are also inadequate.

India may increase vegetable-oil imports by 4%

Entry India, LLC — Sat, 12 Mar 2011 13:54:26 -0500

India May Increase Vegetable-Oil Imports 4%, USDA Unit Says
By Jeff Wilson - Mar 10, 2011 3:35 PM ET

March 10 (Bloomberg) - India, the world’s second-biggest consumer of vegetable oil, may increase imports of the commodity by 4 percent to 9 million metric ton in the marketing year that ends Sept. 30, a unit of the U.S. Department of Agriculture said.

For complete article, click here.

827,140 US tourists visited the country in 2009

Entry India, LLC — Sat, 12 Mar 2011 13:50:16 -0500

India relaxes visa norms for US nationals
PTI,Mar 11, 2011, 07.56am IST

With 8,27,140 US tourists visiting the country in 2009, USA has become the number one tourist generating market for India.

For complete article, click here.

Eduction in India: $20 billion to be spent by 2020

Entry India, LLC — Sat, 12 Mar 2011 12:27:43 -0500

Spending on higher education to cross 2.32 trillion (Indian Rupee) by 2020
Prashant K. Nanda, prashant.n@livemint.com, Posted: Fri, Mar 11 2011. 1:00 AM IST

The number of students pursuing higher education in India has almost doubled to 16 million in the past decade. The government aims to add 25 million more students in the next 10 years.

Spending on higher education in India will grow at an average 18% a year.

What Indian Consumers are flocking to: high end electronic gadgets

Entry India, LLC — Thu, 10 Mar 2011 16:48:40 -0500

Indians plug into high-end gadgets
Samidha Sharma, TNN | Mar 10, 2011, 04.25am IST

MUMBAI: Indian consumers are lapping up high-end electronics, mobiles and durables like never before. Not afraid to shell out the moolah, consumers are going all out for top-of-the-line products available.

India's exports up by 50% to $23.6 bn in Feb

Entry India, LLC — Thu, 10 Mar 2011 16:40:43 -0500

India's exports up by 50% to $23.6 bn in Feb
Press Trust of India / New Delhi March 10, 2011, 12:54 IST

During April-February, 2011, imports grew by 18% to $305.3 billion. During the 11-month period, the trade deficit amounted at $97.1 billion.

"We will end up (the fiscal) closer to $350 billion imports," Khullar added.

The sectors which saw the maximum imports were petroleum and oil lubricants, gems and silver, vegetable oil, machinery and chemicals.

Everyone will be 'webcamed' in hotels in Kolkata

Entry India, LLC — Thu, 10 Mar 2011 16:32:57 -0500

Webcams to greet hotel customers in Kolkata
Caesar Mandal, TNN | Mar 10, 2011, 05.59am IST

KOLKATA: When you check into a hotel, don't get perturbed by the webcam glaring at you. It's now mandatory for city hoteliers to retain photographs of all customers along with their details.

Bogus courts bypassing laws in India

Entry India, LLC — Mon, 07 Mar 2011 09:28:25 -0500

Bogus courts bypass the law in Coimbatore
A Subramani, TNN | Mar 7, 2011, 12.40am IST

Complete with 'court halls', 'arbitral judges' and 'panel arbitrators', these hoax courts entertain civil disputes, issue notices and summons, conduct hearings and pass orders. Some of them have been handling civil disputes involving several lakhs of rupees and issuing 'directions'.

For complete article, click here.

In India's top 200 cities: 25% have no car dealership, 90% have no 5 start hotel, 66% have no large-scale retail store

Entry India, LLC — Tue, 22 Feb 2011 21:11:32 -0500

Bangalore shines among India's booming cities - report
By Jonathon Burch
NEW DELHI | Thu Feb 17, 2011 8:24pm IST

Asia's third-largest economy is home to one-quarter of the world's 20 most densely populated cities but the slow pace of urban development has been a drag on economic growth.

Nearly one-quarter of India's top 200 cities have no car dealership, less than 10 percent have a 5-star hotel, and nearly two-thirds were still waiting for a large-scale retail store or hypermarket, the report found.

Franchising in India: McDonald's India franchisee opening 30 stores in 2011

Entry India, LLC — Tue, 22 Feb 2011 21:03:28 -0500

McDonald's India franchisee to open 30 stores in 2011
By Sumeet Chatterjee and Neha Singh
MUMBAI | Mon Feb 21, 2011 2:25pm IST

McDonald's, which competes with other U.S. rivals such as Yum Brands and Dominos Pizza in India, opened 33 new restaurants in the country in 2010.

Hardcastle will have 250 McDonald's restaurants in three to four years in the two regions, up from 106 now, Jatia said, as it looks to tap growth in a country where the fast food industry is growing at about three times the rate of the overall economy.

US exports of merchandise goods to India grew by 16.91% from $16.44 billion to $19.22 billion

Entry India, LLC — Tue, 22 Feb 2011 20:54:17 -0500

Indo-US trade up 29.6% at $48.75 bn
FE Bureau
Posted: Tuesday, Feb 22, 2011 at 2226 hrs IST

The total bilateral trade in calendar year 2009 was $37.61 billion, which was a significant drop from $43.39 billion in 2008 mainly because of the downturn in global economy. Between January and December 2010, the country's exports to the US stood at $29.53 billion as against $21.17 billion for same period in 2009 thus showing an increase of 39.52%.

Foreign doctors, including NRIs, to take permission to demonstrate procedures/surgeries in India

Entry India, LLC — Tue, 22 Feb 2011 10:59:55 -0500

MCI puts curbs on visits by foreign doctors
A Subramani & Revathi Ramanan, TNN, Feb 21, 2011, 02.03am IST

Videos from India Business Conference 2011 @ Kellogg: Sam Pitroda & Praful Patel

Entry India, LLC — Sun, 20 Feb 2011 18:11:26 -0500

Sam Pitroda

Praful Patel

$10,000 a month to rent an apartment studio in Mumbai ! The shocking state of India's Real Estate Market

Entry India, LLC — Sat, 29 Jan 2011 10:21:59 -0500

The Shocking State of India's Real Estate Market
By Nick Kapur | More Articles
January 13, 2011

Last month, I called the Taj Hotel chain, inquiring about the monthly rent for a tiny, 650-square-foot studio in a nice, corporate service building in the southern part of Mumbai. After reaching the booking agent, I was casually informed that the rate would be 4.5lacs per month, or 450,000 rupees -- or just over $10,000 per month.

Punjabi NRIs contribution in Punjab: ZERO

Entry India, LLC — Wed, 19 Jan 2011 23:55:10 -0500

Visiting Punjabi NRIs give zero, Gujaratis shower $450 billion
Sanjay Sharma, TNN, Jan 19, 2011, 05.17am IST

CHANDIGARH: All that Punjab has been getting from its visiting NRIs is talk, demands and suggestions. In stark contrast, Gujarat has been able to garner $450 billion of investment intent during the annual Vibrant Gujarat convention for NRIs this year, while Punjab government failed to attract even a penny worth of investment offer during its version of convention held at Jalandhar on Tuesday.

Videos from Pravasi Bharatiya Divas (PBD) 2011 for NRIs

Entry India, LLC — Fri, 14 Jan 2011 11:45:06 -0500

Please click here for the videos from PBD 2011.

Toothpaste: good opportunity and less players

Entry India, LLC — Sun, 09 Jan 2011 15:49:14 -0500

GSK Consumer enters Indian toothpaste market
Press Trust of India / New Delhi January 5, 2011, 15:04 IST

The Indian toothpaste market is currently dominated by Colgate with over 50 per cent market share, followed by the likes of Pepsodent, Close Up, Dabur Red and Babool.

While the overall toothpaste market is currently growing at 8 per cent, the dentist recommended 'sensitive toothpaste' segment is estimated to be around Rs 140 crore and growing at around 18 per cent, he added.

India is the most attractive out of the 15 emerging solar markets; according to a report by Lux Research

Entry India, LLC — Sun, 09 Jan 2011 15:29:12 -0500

India poised for big solar power growth - report
LOS ANGELES | Thu Jan 6, 2011 4:30am IST
Reuters

"India comes away as by far the most attractive market for long term growth out of these that we looked at," said Jason Eckstein, a Lux Research analyst and the report's lead author.

With 70 active projects in India, 'disaster managment' on World Bank's hit list

Entry India, LLC — Sun, 09 Jan 2011 15:17:13 -0500

India's growth helping global economy, says World Bank chief
Indo-Asian News Service
New Delhi, January 09, 2011; First Published: 15:33 IST(9/1/2011)
Last Updated: 15:38 IST(9/1/2011)

The bank has more than 70 active projects in India, including several large projects in the critical area of infrastructure. According to bank officials in New Delhi, the president was expected to sign two new projects in the roads and disaster management sectors.

Doing Business in India Remains Tough for Start-ups, says a recent World Bank Group Report

Entry India, LLC — Sun, 09 Jan 2011 11:22:00 -0500

India does not get high marks in a Word Bank Report titled "Doing Business 2011: Making a difference for entrepreneurs? .

Gujarat and Karnataka: preferred 'business destination' states of India

Entry India, LLC — Fri, 07 Jan 2011 17:53:49 -0500

Karnataka, Gujarat 'role model states' for investment: US
Washington, Jan 7. PTI:

Gujarat and Karnataka are the ''role models'' of a competent and transparent government and a progressive leadership that can attract investors in the coming years, a leading US business forum representative has said.

Use of OCI card for NRIs

Entry India, LLC — Fri, 07 Jan 2011 17:32:41 -0500

Overseas Indians facing visa problems can use OCI card
7 Jan, 2011, 07.03PM IST, Ishani Duttagupta,ET Bureau

The ministry of overseas Indian affairs is encouraging people of Indian origin to opt for the overseas citizen of India, or OCI, card to deal with the long delays faced by Indian Americans in getting visas to travel to India.

Putting money in commercial real estate

Entry India, LLC — Mon, 03 Jan 2011 10:18:41 -0500

Lack of buyers hits commercial realty
Agencies, Posted: Wednesday, Dec 29, 2010 at 1029 hrs IST

"While 12 million square feet is lying idle in Chennai, it will be more across the country. Many areas in Hyderabad, Bangalore and Gurgaon are lying vacant in commercial spaces," Construction Real Estate Developers of India (CREDAI) National Vice-President Prakash Challa said.

For complete article, click here.

Home prices going down in Mumbai

Entry India, LLC — Mon, 03 Jan 2011 10:13:37 -0500

Mumbai Developers to Cut Record Home Prices as Sales Decline, IIFL Says
By Pooja Thakur - Dec 28, 2010 1:58 AM ET

“Fresh lending to real estate developers by state-run banks is taking longer than in the past,” Bhaskar Chakraborty and Avi Mehta, Mumbai-based analysts at IIFL, said in the note. “We see developers with debt refinancing requirement in the second half of the fiscal year ending 2011 increasingly coming under pressure to cut prices to monetize inventory.”

NRI physicians select Jaipur as centre for medical tourism

Entry India, LLC — Mon, 03 Jan 2011 10:05:55 -0500

PTI, Dec 29, 2010, 10.30am IST

"AAPI is committed to provide logistic support for health tourism development in India, a choice destination as it provides state-of-the-art amenities for treatments like hip and knee replacements and cardiac surgery, high quality of healthcare infrastructure and low costs," Dr Singhvi said.

Jaipur, he said, is the first Indian city which has been accredited by AAPI as centre for medical tourism.

AAPI was founded in 1982 to protect the interests of Indian-American physicians in the US.

Food for Thought in India

Entry India, LLC — Mon, 03 Jan 2011 09:48:02 -0500

BY HARSH JOSHI, DECEMBER 29, 2010

It is time for India's government to put its money where its mouth is.

New Delhi has raised some $30 billion since March by selling state assets and telecom airwaves. That is about as much as the country will attract in foreign direct investment this fiscal year.

There is one area above all else where this money should be directed: food security. New Delhi talks a lot about guaranteeing food for India's poor.

NRIs shifting their movable wealth from US to India to escape estate tax

Entry India, LLC — Mon, 03 Jan 2011 09:38:05 -0500

US estate tax spells taxing times for NRIs
29 Dec, 2010, 05.25PM IST, Maulik Vyas & Skandita Agarawal,ET Bureau

Under new laws being passed by the Obama administration, the first $5 million in value of any individual’s estate is tax-free, but all value above this figure is taxed at 35%.

When Jaydev Patel (name changed), a New York-based neurologist came to his native town Dharmaj, 90 km from Ahmedabad, this month, he carried an unusual cargo — paintings he had collected over two decades in the US.

Pharma: 1.2 billion people making it a career of choice in India

Entry India, LLC — Thu, 23 Dec 2010 19:46:09 -0500

Pharma salaries up 12% as India turns into top priority
Posted: Tue, Dec 21 2010. 1:00 AM IST

As reported by Mint on 15 December, Mylan plans to hire about 800 marketing professionals in India for its entry into the market.

French drug company Sanofi Aventis SA and the world’s largest drug maker Pfizer Inc., too, are looking at large expansions of their field staff as part of their initiatives to penetrate into India’s small cities, towns and villages.

Selling 'online' in India, becoming very promising

Entry India, LLC — Thu, 23 Dec 2010 19:34:01 -0500

VC companies drive portfolio firms to launch e-commerce
Posted: Tue, Dec 21 2010. 1:00 AM IST

After about a decade of selling its health supplements through third-party stores, Deccan Healthcare Pvt. Ltd began taking orders directly from consumers three months ago, encouraged by its investor Nexus India Capital.

The company now gets an average of 80 online orders a day and expects an additional revenue of Rs.1 crore this year though its e-commerce initiative. It estimates a total revenue of Rs.100 crore for the year.

USTDA granted $453,350 for a smart grid implementation plan in Bangalore

Entry India, LLC — Thu, 23 Dec 2010 19:12:41 -0500

US grant for smart grid development in Bangalore
Our Bureau
New Delhi, Dec. 20

The US Embassy's Minister-Counsellor for Economic, Environment, Science, and Technology Affairs, Mr Blair Hall, conferred a grant of $4,53,350 (Rs 2.04 crore) on behalf of the United States Trade Development Authority (USTDA) on Bangalore Electricity Supply Company Ltd (BESCOM).

For complete article, click here.

India needs funds to invest in education

Entry India, LLC — Thu, 23 Dec 2010 19:04:55 -0500

Vice president calls for more funds to improve higher education
December 20, 2010

India into the lowest investment grade category: BBB- rating by S&P

Entry India, LLC — Thu, 23 Dec 2010 18:57:59 -0500

India to pitch for better credit rating
Sunny Verma
Posted: Tuesday, Dec 21, 2010 at 2149 hrs IST

The government as well as the markets players believe India deserves a better than the BBB- rating, with a stable outlook, it currently enjoys from S&P. This puts India into the lowest investment grade category, much below countries like Spain and Ireland which are going through a massive debt crisis.

10% of the salary spent to color hair, by a housemaid in India

Entry India, LLC — Thu, 23 Dec 2010 18:49:13 -0500

Demand for high-end hair colour brands triggers launches
22 Dec, 2010, 05.17AM IST, Maulik Vyas & Sreeradha D Basu,ET Bureau

A trainer in a small gym at East Delhi says he happily blows up Rs 1,000 to colour his hair every third month to keep pace with many of his clients.

So, it’s no surprise that a young housemaid in Delhi, earning Rs 5,000 a month, just spent one-tenth of her salary to streak her hair after seeing three in the household she works for colour their hair regularly. She says she may do it again.

India needs cold storage facilities for fruits and vegetables. 30% gets wasted annually

Entry India, LLC — Thu, 23 Dec 2010 18:34:24 -0500

India wastes 59 MT fruits, vegetables every year
Press Trust of India / New Delhi December 21, 2010, 16:22 IST

"About 30 per cent of the fruits and vegetables grown in India get wasted annually due to lack of proper infrastructure which is a cause of concern," Thomas said.

Thomas also said that only two per cent of horticultural produce is being processed in the country now, which is way below the average in China at 15 per cent and 8 per cent for the Asia Pacific region.

80,000 villages in India have no electricity

Entry India, LLC — Thu, 23 Dec 2010 18:09:57 -0500

Foreign firms look to increase solar power presence in India
22 Dec, 2010, 10.36AM IST, AGENCIES

The head of Solar-Gem, Khimji Vaghjiani, said solar power had "enormous scope" in India, as 80,000 villages have no electricity and plans for conventional power plants are often delayed over land or environmental concerns about pollution.

"Trying to distribute power is going to be very difficult (in India)," he told AFP before the launch on Monday evening.

Indians banks are really giving good rates to resident Indians

Entry India, LLC — Thu, 23 Dec 2010 17:59:32 -0500

HDFC hikes fixed deposit rate, others may follow
HT Correspondent, Hindustan Times
Mumbai, December 23, 2010

Home loan provider HDFC Ltd triggered a rate war on Thursday by quietly offering its existing customers a 9.05% fixed deposit (FD) interest rate - higher than the rates offered by other financial institutions. What the quiet move means for you is a higher interest income on your savings parked with
HDFC in 22 or 33-month long-term fixed deposits.

For companies who want to set up power generation plants in India: profitability is becoming an issue

Entry India, LLC — Sat, 18 Dec 2010 12:47:30 -0500

Power generation firms face challenges
Posted: Wed, Dec 15 2010. 10:12 PM IST

Undoubtedly India’s energy story is intact, given the long-term demand-supply scenario. But power generation utilities in the near term could see a threat to profitability, given the volatile merchant power tariffs, evacuation and fuel availability challenges that pose a threat to profitability.

For complete article, click here.

Want a job, go to India. 1.1 million jobs created by organized sector in India in 2010

Entry India, LLC — Sat, 18 Dec 2010 12:29:28 -0500

Organised sector creates 11.3 lakh jobs in 2011: survey
Press Trust of India / New Delhi December 15, 2010, 19:19 IST

Staffing services firm Ma Foi Randstad's findings are based on an employment trends survey of 660 companies across 13 industry sectors in eight cities including Delhi, Hyderabad and Mumbai.

Health care, real estate & construction; hospitality and IT & ITES are among the sectors that generated most jobs.

Global Semiconductor Companies Turn to India for Growth

Entry India, LLC — Sat, 18 Dec 2010 12:24:58 -0500

Published: December 16, 2010 in India Knowledge@Wharton

Twenty-five years ago, Texas Instruments (TI) spotted India's rich talent pool and became the first multinational technology firm to establish a research and development center in India. The operation started small, creating software to automate chip design, but has grown to become the company's largest R&D center outside the United States, designing chips end-to-end.

More than 125 new vehicles, including some 25 cars and 25 transportation vehicles, come for registration every day

Entry India, LLC — Sat, 18 Dec 2010 12:15:38 -0500

Real estate prices soar before planes
P B Jayakumar / Mumbai December 17, 2010, 0:38 IST

With the environment ministry nod to Navi Mumbai airport, money is flying into projects in its precincts.

Villagers are buying flats in the ubiquitous towers at Navghar, a brand new township. The current market rate is close to Rs 3,000 a sq ft — more than double what it was just a few months ago, fuelled by hopes that the long-pending 22-km Sewri-Nhava Sheva Trans Harbour Link bridge may take off, finally.

Online Ad agencies to make more money next year, $215 million

Entry India, LLC — Sat, 18 Dec 2010 12:09:09 -0500

Online ad market to reach Rs 993 cr in FY11
16 Dec, 2010, 03.07PM IST,PTI

According to a recent survey conducted by the Internet and Mobile Association of India (IAMAI), the Indian online advertising market comprising of text and display advertising will grow to Rs 993 crore in the financial year 2010-2011 from Rs 785 crore in the financial year 2009-2010.

The total online display advertising market is expected to grow by 28 per cent to touch Rs 534 crore in 2010-2011 from Rs 417 crore in 2009-2010.

'Pharma' industry in India: a breeding ground for entrepreneurs

Entry India, LLC — Sat, 18 Dec 2010 12:01:52 -0500

Global pharma companies' research widens scope for entrepreneurs
17 Dec, 2010, 06.27AM IST, Vishal Dutta,ET Bureau

India is a favourite clinical trials destination. The multi-racial population also consists of large numbers similar to the Caucasian race found mostly in Europe and fewer inter-community marriages ensures purity of the race. The CRO business grew 84% during 2006-2008 as against the global average of 12%.

Stranded on the road, females can call '100' (Delhi Police) for help or drop at home

Entry India, LLC — Sat, 11 Dec 2010 20:52:30 -0500

Call 100 to get a drop home
HT Correspondent, Hindustan Times
New Delhi, November 26, 2010

In a decision that would be welcomed by all, the Delhi Police have decided to drop any woman home if she is stranded on the road. All she has to do is call '100' for help. These and other decisions were taken on Friday by the Delhi Police to ensure safety of women in the Capital, two days after a 30-year-old BPO employee was abducted and raped by five men while she was returning home from work.

For doing business in India successfully: Learn Hindi

Entry India, LLC — Sat, 11 Dec 2010 20:47:07 -0500

Bridging the Cultural Divide: Is Learning Hindi Key to Creating Business Connections in India?
Published: November 04, 2010 in India Knowledge@Wharton

For NRIs: 41 colleges blacklisted and 12 in bangalore

Entry India, LLC — Sat, 11 Dec 2010 19:52:09 -0500

Fee regulatory committee cracks whip on 41 colleges
TNN, Dec 3, 2010, 02.30pm IST

Paving the way for a stormy admission season, the fee regulatory committee has cracked down on 41 erring professional colleges in the state. They have been `blacklisted' for not parting with audit reports and details of their income and expenditure.

READ before investing in any project requiring land acquisition

Entry India, LLC — Sat, 11 Dec 2010 19:23:20 -0500

Land disputes hitting Indian infrastructure schemes
Posted: Sun, Dec 5 2010. 5:16 PM IST
Economy and Politics

Years of wrangling over land, compensation and environmental impact have become a regular feature of many projects aimed at developing modern India

High-profile disputes include plans for a second airport on protected wetlands to service India’s financial hub of Mumbai and a plan by Tata Motors to build a new manufacturing plant for the world’s cheapest car, the Nano.

Indian farmers buying farm equipment like power tillers (46,000 p.a.)

Entry India, LLC — Sat, 11 Dec 2010 19:12:33 -0500

Chinese firms expand dominance in Indian farm equipment market
Mahesh Kulkarni / Bangalore December 4, 2010, 0:00 IST

Gujarat signing long term power purchase agreements with 80 solar power developers

Entry India, LLC — Sat, 11 Dec 2010 19:00:21 -0500

Gujarat setting up 8,000-crore solar power park
6 Dec, 2010, 09.19AM IST, Himanshu Darji & Mitul Thakkar,ET Bureau

The apex state utility, Gujarat Urja Vikas Nigam Ltd (GUVNL), is currently in the process of entering into long term power purchase with agreements with 80 solar power project investors to commission almost 1,000 MW of generation capacity. This capacity will help procure 1,700 million units of environment friendly electricity per annum.

Solar power developers who want to setup solar plants in India

Entry India, LLC — Sat, 11 Dec 2010 18:54:55 -0500

Proposals for 1,184 MW of solar power projects
V. Rishi Kumar
Hyderabad, Dec. 5

Solar power projects with a total installed capacity of 1,184 MW have been proposed by private developers in Andhra Pradesh, according to Mr Chandan Mitra, Vice-Chairman and Managing Director of Non-Conventional Energy Development Corporation of Andhra Pradesh Ltd.

NRIs remitted $55 billion in 2010

Entry India, LLC — Fri, 10 Dec 2010 00:14:12 -0500

Indians No. 2 in emigrating, top in sending money home
Rema Nagarajan, TNN, Dec 6, 2010, 12.33am IST

NEW DELHI: India continued to be the largest recipient of remittances in 2010, with the figure rising from $49.6 billion in 2009 to $55 billion. It was also the country with the second largest number of emigrants (those migrating abroad) after Mexico, according to the World Bank's just-released Migration and Remittances Factbook 2011.

Food retail in India(USD 150 bn by 2025): Food processing, distribution, cold storage

Entry India, LLC — Fri, 10 Dec 2010 00:07:24 -0500

Food Retail in India to touch USD 150 bn by 2025: KPMG
Press Trust Of India
New Delhi, December 07, 2010

"Evolution of innovative food processing capacity, emergence of organised retail and change in consumption patterns along with fast changing demographics and habits is fuelling the next growth trajectory for the food industry in India," KPMG said in a statement.

US-India trade: face to face with Ron Summers, President USIBC

Entry India, LLC — Thu, 09 Dec 2010 23:59:20 -0500

Oct-Nov, 2010

Information security firms: time to sell your services in India

Entry India, LLC — Thu, 09 Dec 2010 23:54:35 -0500

Information security spend to rise in India: E&Y
Wednesday, Dec 08, 2010

Indian organisations will increase spend on information security this year, according to an Ernst & Young report.

The top five priorities for all organisations, both here and abroad, are business continuity, data leakage, information security risk management, compliance with regulatory requirements, and corporate policies.

American colleges signing pact with Indian universities

Entry India, LLC — Thu, 09 Dec 2010 23:36:31 -0500

ISB inks pact with Tufts University
Our Bureau, Hyderabad, Dec.7

The Indian School of Business (ISB) on Tuesday signed a Memorandum of Understanding (MoU) with The Fletcher School of Law & Diplomacy, Tufts University, US, to support the setting up of the Bharti Institute of Public Policy at the upcoming ISB campus in Mohali, Punjab.

Goan expats in demand: scientists, information technologists, educationist, etc.

Entry India, LLC — Thu, 09 Dec 2010 23:33:07 -0500

Goa eyes expats as resource for educational institutions
December 07, 2010

Panaji: Goa government wants to tap men-of-letters of Goan origin in Europe and other parts of the world to be resource persons for its educational institutions, an official said Tuesday.

Skyrocketing demand for consumer durables: split air-conditioner, refrigerators, washing machines, televisions, etc.

Entry India, LLC — Thu, 09 Dec 2010 23:20:56 -0500

Consumer durable firms step up investments
Viveat Susan Pinto / Mumbai December 9, 2010, 0:17 IST

Consumer durable companies are stepping up investments in production and distribution to cash in on the demand the industry is witnessing.

According to industry estimates, investment, close to Rs 5,000 crore (USD 1.1 billion), will be made in the next few years in production and distribution alone with an objective to meet the growing demand.

Skill enhancement opportunities: automobile, construction, hospitality

Entry India, LLC — Thu, 09 Dec 2010 20:01:18 -0500

Industry being enlisted to boost vocational training standards
Prashant K. Nanda
Posted: Wed, Dec 8 2010. 10:23 PM IST

In a first-of-its-kind initiative, the human resource development (HRD) ministry interacted with the automobile sector on Monday to devise vocational courses tailored to the needs of the industry.

The automobile industry alone faces a shortage of 300,000 skilled people, he said, citing a survey

Next in line are the construction and hospitality industries.

Growing med tech industry: Increased burden of diseases, public spending and penetration of health insurance

Entry India, LLC — Thu, 09 Dec 2010 13:54:59 -0500

Indian med tech industry may grow to USD 14 bn: Study
Source by: Economic Times November 29, 2010

NEW DELHI: The size of the Indian medical technology industry may touch USD 14 billion (Rs 64,036 crore) by 2020 on account of higher private investments in the sector and strong economic growth, a study has said.

Opportunities for US educational institutions to collaborate with Indian

Entry India, LLC — Mon, 22 Nov 2010 18:35:30 -0500

USIBC develops plan for U.S.-India education cooperation
Issue Date: November 2010, Posted On: 11/15/2010

Food processing in India

Entry India, LLC — Mon, 22 Nov 2010 16:59:52 -0500

Five more mega food parks to come up
Press Trust of India / New Delhi November 18, 2010, 20:52 IST

Mega food parks are aimed at facilitating the processing of perishable food items backed by efficient supply chains, collection centres, primary processing centres and cold chain infrastructure.

Finance Minister Pranab Mukherjee in his Budget speech had proposed to set up five new mega food parks to boost the food processing sector.

Solar companies that want to make money in india: 505 MW capacity solar projects in India

Entry India, LLC — Mon, 22 Nov 2010 16:42:48 -0500

Solar energy projects of 505 MW for Rajasthan
18 Nov, 2010, 10.34AM IST,PTI

Solar energy projects of 505 MW (value at $1.33 billion) capacity will be established in Rajasthan.

The Centre has "recently executed tender process to select solar power projects of 630 mw capacity to be established in the country. Out of the total capacity, projects of 505 mw capacity will be set up in Rajasthan alone," an official statement said in Jaipur.

India: destination for investment in renewable energy

Entry India, LLC — Mon, 22 Nov 2010 16:32:44 -0500

Renewable energy sector to attract more private equity investments
Vidya Bala
Saturday, Nov 20, 2010

Globally, investment in clean energy has been growing at a compounded annual rate of 36 per cent reaching about $19 billion in 2009.

Separately, a study by the Word Resources Institute recently estimated a renewable energy market of over $2 billion a year in India.

Do your MBA in India; low inverstment & high returns

Entry India, LLC — Mon, 22 Nov 2010 16:27:33 -0500

India in top 4 among B-school destinations
Anahita Mukherji, TNN, Nov 22, 2010, 12.40am IST

"B-school aspirants are looking at a return on their investment, and with the investment being lower for management education in India when compared to the US and the UK, the returns are higher," said an expert. Many feel that India can soon emerge as a hub for management studies amongst Asian countries such as Singapore and the Philippines as the country will be a far less expensive destination than western giants.

Jobs for NRIs

Entry India, LLC — Mon, 22 Nov 2010 16:24:31 -0500

India hunts among PIOs, NRIs to fill faculty posts
22 Nov, 2010, 01.32AM IST, Mathang Seshagiri & Hemali Chhapia,TNN

A weak Western economy has raised the hopes of top Indian institutions scouting to fill faculty positions.

Even as the setting up of a government fund to attract academic superstars from abroad is in limbo, Indian embassies and high commissions have been roped in to sell the dream of a classroom called India, to young PhD fellows.

The U.S. - India Partnership: the fact sheets

Entry India, LLC — Mon, 22 Nov 2010 15:12:32 -0500

The White House
Office of the Press Secretary
For Immediate Release November 08, 2010

The U.S.-India partnership is indispensable to addressing the challenges of our times. This strategic relationship encompasses a range of issues, activities, and programs that reflect the vision of President Obama and Prime Minister Singh that benefits not only the people of the United States and India but the world as a whole.

India is buying, creating demand:

Entry India, LLC — Mon, 22 Nov 2010 15:08:08 -0500

As second biggest importer, India helps balance global trade
22 Nov, 2010, 05.55AM IST, Rishi Shah,ET Bureau

"Countries such as US and India are injecting demand into the global demand because we have deficits. Actually, India is second largest contributor to the global net demand. In 2009, India contributed something like 6.5% of the total net injection of demand," said Arvind Virmani, executive director-India , International Monetary Fund

Kelloggs reaching masses in India: by making products affordable

Entry India, LLC — Thu, 11 Nov 2010 19:37:23 -0500

Kelloggs to launch more affordable products in India
Press Trust of India / New Delhi November 10, 2010, 18:01 IST

The ready-to-eat cereal market is around Rs 400 crore [ $88 million]. It is growing at the rate of 20-30 per cent. The overall packaged food industry is also growing. So every one will have its own space in the market and ultimately will help grow the category

$10 billion in US exports to India

Entry India, LLC — Thu, 11 Nov 2010 12:30:53 -0500

In India, Obama pushes U.S. jobs
By Ed Henry, CNN Senior White House Correspondent
November 6, 2010 -- Updated 1851 GMT (0251 HKT)

President Obama unveiled about $10 billion in new contracts for U.S. exports to India on Saturday as he launched an aggressive push to show his trip to Asia will deliver jobs back home.

India’s luxury products market: demand is $3-3.5 billion, up 120-150% from current levels.

Entry India, LLC — Fri, 05 Nov 2010 10:39:45 -0400

Luxury retail looks beyond metros and malls
Posted: Mon, Nov 1 2010. 1:00 AM IST

“India’s overall luxury market will grow 21% to become almost three times its current size by 2015,” predicts the Luxury in India report, jointly released by the Confederation of Indian Industry and AT Kearney on 7 October.

Educational toys for Indian market

Entry India, LLC — Thu, 04 Nov 2010 18:47:55 -0400

She Made It Out of Clay: Tapping India's Market for Educational Toys
Published: November 02, 2010

Business of Sports in India: Video

Entry India, LLC — Thu, 04 Nov 2010 17:59:22 -0400

Racing for profit in India
3 November 2010 Last updated at 09:22 ET

Help India's reputation for hosting major sporting events has suffered because of the problems around the recent Commonwealth Games. However, in a year's time, the country will host its first ever Formula 1 Grand Prix, just outside Delhi.

Unlike the games, the construction work is entirely being funded by the private sector. Moska Najib reports on how Indian business is helping the country to become a sporting super power.

Job seekers......230,000 new jobs in the last 3 months of 2010

Entry India, LLC — Wed, 03 Nov 2010 13:31:06 -0400

India likely to see 230,000 new jobs: E&Y
Posted: Sunday, Oct 31, 2010 at 1600 hrs IST

As many as 230,000 jobs are estimated to be created in India in the fourth quarter of 2010 by six sectors, Ernst & Young's Partner, National Head and EMEIA Leader (People & Organisation) N S Rajan told PTI.

The six sectors are healthcare, real estate, IT/ITeS, education & training, manufacturing and Banking, Financial Services and Insurance (BFSI).

India: Where Lies the Next Big Investment Opportunity?

Entry India, LLC — Tue, 02 Nov 2010 18:11:48 -0400

Author: Rajesh Subramaniam
Wednesday, September 1, 2010

Rising India translates into greater prosperity for the United States

Entry India, LLC — Tue, 02 Nov 2010 18:06:52 -0400

Obama's India visit in sync with US export strategy
1 Nov, 2010, 07.20PM IST, PTI

Rising India with 8.5-8.8 per cent economic growth and a huge 1.2 billion people market is of great interest to the US companies.

US-India Trade: 5 focus areas - defense, education, agriculture, infrastructure and free trade agreement

Entry India, LLC — Tue, 02 Nov 2010 17:53:59 -0400

Five Ways U.S.-India Trade Can Improve
November 2, 2010, 12:47 PM IST
By Amol Sharma

The U.S. India Business Council, which is organizing an executive summit in Mumbai Nov. 6 that will host a speech by U.S. President Barack Obama, laid out its vision for U.S.-India trade cooperation in a new report titled “Partners in Prosperity.”

US-India Trade: growing at 15 per cent compound annual growth rate

Entry India, LLC — Tue, 02 Nov 2010 15:45:35 -0400

Indo-US trade may double in 5 years
Press Trust of India / Hyderabad November 01, 2010, 20:45 IST

The Indo-US trade is likely to be doubled in next five years from the present $37 billion, Suresh Kumar, Assistant Secretary of Commerce and Director General of the US Foreign Commercial Service said here today.

Buying real estate in Mumbai......understand the trends first.

Entry India, LLC — Fri, 29 Oct 2010 09:32:44 -0400

Is real estate becoming an asset bubble?
Published: Tuesday, Oct 12, 2010, 22:44 IST
Place: Mumbai | Agency: DNA

President Obama aims to double US exports in 5 years: INDIA in focus

Entry India, LLC — Mon, 25 Oct 2010 15:17:26 -0400

India Can Help Obama Reach Export Goal
Insight October 1, 2010, 10:31AM EST
By Gunjan Bagla

Earlier this year, President Barack Obama announced the National Export Initiative, his Administration's ambitious plan to double U.S. exports in five years.

Where are U.S. companies to find a further trillion dollars of annual export revenue?

Examples showing the growth of retail in India

Entry India, LLC — Mon, 25 Oct 2010 15:01:06 -0400

Rising consumer spend to steer retail cos Q2 growth
By Nandita Bose
MUMBAI | Fri Oct 22, 2010 3:08pm IST

MUMBAI (Reuters) - Indian retail firms are expected to see healthy earnings growth in July-Sept on an uptick in the economy that boosted purchasing power and in turn their same-store sales.

Best-selling foreign authors head to India

Entry India, LLC — Mon, 25 Oct 2010 13:22:26 -0400

Eyeing English readers, best-selling foreign authors head to India
2010-10-22 11:40:00

Indian readers of contemporary English fiction are reaping a rich harvest as top British and American authors head to India to promote their books. Best-selling names Ken Follet, Peter James and Wilbur Smith are the latest to chart out trips to the country.

5 new opportunities in pharma industry: patented products, consumer healthcare, biologics, vaccines and public health

Entry India, LLC — Mon, 25 Oct 2010 13:03:13 -0400

India's pharma industry set to quadruple billion by 2020
Neha Chowdhry / New Delhi October 23, 2010, 0:58 IST

The Indian pharmaceuticals market looks poised to grow to $55 billion in 2020, according to a new McKinsey & Company report — “India Pharma 2020: Propelling access and acceptance, realising true potential”. This will be a quadrupling of the market from the $12.6 billion the industry made in 2009.

150 Mercedes-Benz cars booked in a single day in a tier II city

Entry India, LLC — Sun, 24 Oct 2010 19:52:22 -0400

Luxury cars drive ahead in ‘rich’ India
Posted: Thu, Oct 14 2010. 1:00 AM IST

As top brands line up new luxury models for Indian buyers and invest in local manufacturing, analysts say the segment is set to grow exponentially in coming years. At the lower end of the range, luxury cars typically cost Rs.25-28 lakh [US$ 62,000 apprx.].

Some 1.8 million cars were sold in India in 2009, of which less than 1% were luxury cars.

Green India: $2.3 trillion India plan

Entry India, LLC — Sun, 24 Oct 2010 19:31:12 -0400

Green in focus in $2.3 trillion India plan
By Ratnajyoti Dutta
NEW DELHI | Wed Oct 13, 2010 2:18pm IST

(Reuters) - India will spend $2.3 trillion to boost its energy sector by 2030 by improving energy efficiency and using clean technology to help Asia's third largest economy balance growth and environmental aims.

India aims to add about 100 gigawatts (GW) of power generation capacity by early 2017, much of it from coal, despite conceding it would miss by 79 percent an earlier five-year target of adding 78.7 GW by March 2012.

Market of beauty salons in India

Entry India, LLC — Sun, 24 Oct 2010 18:36:50 -0400

Indian beauty salon chains go on expansion spree
Posted: Fri, Oct 15 2010. 1:00 AM IST

Indian beauty salon chains are looking to expand operations, offer cheaper services and increase the share of product sales in their earnings.

“The market for health and beauty services is estimated to be a $2.5 billion and is expected to reach $4.3 billion by 2013 on account of increasing health and beauty consciousness,” said Raghav Gupta, president at retail consultancy Technopak Advisors Pvt Ltd.

Want to Invest in India.......buy small energy green firms

Entry India, LLC — Sun, 24 Oct 2010 18:02:06 -0400

Small green energy firms emerge hot buyout targets
19 Oct, 2010, 12.23AM IST, Pradeep Pandey & Apurv Gupta,ET Bureau

Retail & Retail Space in India

Entry India, LLC — Sun, 24 Oct 2010 15:39:44 -0400

Demand for retail space
22 Oct, 2010, 02.16AM IST,ET Bureau

NCR, Mumbai and Bengaluru are expected to account for about 37% of the total demand across the country

Cushman & Wakefield Research estimates India's retail market size at approximately $600 billion in 2010; while the organised retail market accounts for $50 billion based on private final consumption expenditure.

Luxury shopping in India

Entry India, LLC — Sun, 24 Oct 2010 15:14:10 -0400

Is India ready for luxury shopping?
22 Oct, 2010, 02.05AM IST

Important lessons to succeed in Indian retail market

Entry India, LLC — Sun, 24 Oct 2010 15:03:38 -0400

Indian retail: Balancing opportunities and challenges
22 Oct, 2010, 02.01AM IST,ET Bureau

Where is the Indian retail sector headed, and what are the speed breakers in its path? What can help retailers to accelerate growth without losing their existing momentum? At a recent CII event, retail sector representatives from across India discussed the way forward and reached a consensus on several issues.

High-rise luxury real estate in Mumbai

Entry India, LLC — Sun, 24 Oct 2010 13:00:19 -0400

India's high earners fuel demand for high-rise luxury
22 Oct, 2010, 10.53AM IST,AGENCIES

"The size of the market is very large. Mumbai can absorb between 30,000 to 40,000 homes in the one million dollar-plus category, each year."

At least 29 luxury projects have been launched in six leading cities -- New Delhi, Mumbai, Bangalore, Chennai, Kolkata and Pune -- since the end of the global slump of 2008.

"Demand is sustainable," said Shahid Balwa, chief executive of DB Realty.

Shortage of Food by 2050: Opportunity in buying Farmland

Entry India, LLC — Tue, 19 Oct 2010 10:41:08 -0400

Food security needs beckon investment in transnational farming
Rana Kapoor, Monday, Oct 18, 2010

The world population is expected to increase by 40 per cent by 2050, demanding an additional output of about one billion tonnes of cereals and 200 million tonnes of meat/annum by then. Consequently, future emphasis would be keenly focused on growing more food.

English medium schools: An opportunity in Tier II and Tier III cities

Entry India, LLC — Tue, 19 Oct 2010 09:48:23 -0400

Rural India: English medium schools mushrooming across villages
16 Oct, 2010, 02.11AM IST, Jayashree Bhosale & Gulveen Aulakh,ET Bureau

In the past five years, an average of 100 English-medium schools have been added every year in the Panchkula region, comprising Haryana, Chandigarh, Punjab, J&K and Himachal Pradesh, since 2005.

Surrender of Indian passport for Persons of Indian Origin (PIOs) made mandatory

Entry India, LLC — Sat, 16 Oct 2010 09:32:59 -0400

IANS, Oct 16, 2010, 10.18am IST

TORONTO: Persons of Indian origin (PIOs) will now have to formally renounce their citizenship and surrender their Indian passport after acquiring foreign citizenship, according to new rules circulated by the Indian high commission here.

Canadian PIOs will have to pay a fee of $168 to get their Indian passport cancelled by the country's mission here.

Customer centricity in India; lessons learned from cash & carry format

Entry India, LLC — Thu, 14 Oct 2010 12:52:29 -0400

Cash & Carry formats don’t get the eyeballs in India
13 Oct, 2010, 04.23AM IST
Rajiv Banerjee & Moinak Mitra,ET Bureau

Now cash & carry players are taking a leaf from the FMCG companies to create a better business model. Bharti Walmart operates three Best Price Modern Wholesale cash & carry stores in North India and they have come up with a unique Indian strategy.

Hindi channels plan overseas expansion, target NRIs, PIOs

Entry India, LLC — Thu, 14 Oct 2010 12:40:08 -0400

Posted: Wed, Oct 13 2010. 1:00 AM IST
Anushree Chandran, anushree.m@livemint.com

Indian television channels, including Viacom 18 Media Pvt. Ltd’s Colors, are stepping up efforts to widen their reach outside the country as they see significant benefits in serving the overseas market.

Time to partner with India

Entry India, LLC — Thu, 14 Oct 2010 12:29:56 -0400

Developed countries will partner India for its manufacturing edge
Jacob P. Koshy & Utpal Bhaskar

Posted: Wed, Oct 13 2010. 1:00 AM IST

R. Chidambaram, principal scientific adviser to Prime Minister Manmohan Singh and a former director of Bhabha Atomic Research Centre, spoke in an interview about plans to develop technologies for the next generation of power plants, as well as implications of the recent approval of the Civil Nuclear Liability Bill.

Solar Companies: Time to make money in India

Entry India, LLC — Thu, 14 Oct 2010 11:15:58 -0400

India solar power plans over-subscribed
By Krittivas Mukherjee

NEW DELHI | Tue Oct 12, 2010 3:21am EDT

NEW DELHI (Reuters) - India will begin rolling out hundreds of megawatts of solar power by December next year, ahead of an initial target for an ambitious plan that seeks to zoom production from near zero to 20 gigawatts by 2022.

Opportunity for US Law firms to engage with National Power Corporation of India

Entry India, LLC — Thu, 14 Oct 2010 10:36:15 -0400

NPC to hire int'l law firms to explain nuke bill clauses to US

Press Trust of India / Mumbai October 12, 2010, 12:27 IST

The Nuclear Power Corporation will engage international law firms to explain certain clauses of the recently passed Civil Liability for Nuclear Damage Bill, for the US, ahead of President Barack Obama's visit to India, a senior NPCIL official said today.

Gap in [India's] higher education infrastructure

Entry India, LLC — Thu, 14 Oct 2010 10:17:34 -0400

12 Oct, 2010, 11.58AM IST
By Chintan Patel, Associate Director, Infrastructure practice, Ernst & Young

Looking for a job in IT.......go to India, its hiring

Entry India, LLC — Tue, 12 Oct 2010 09:41:40 -0400

Top IT firms to hire 90,000 this year
Debjoy Sengupta & Writankar Mukherjee, ET Bureau, Oct 12, 2010, 09.42am IST

India's top IT firms, including Tata Consultancy Services, Infosys and Wipro , are set to hire nearly 90,000 this year

Opportunities in Animation sector in India are for grab

Entry India, LLC — Mon, 11 Oct 2010 10:59:07 -0400

Animation schools waiting for talent
Business Standard
Goutam Ghosh | 2010-10-04 04:00:00

The sector is expected to generate 200,000 jobs by the year-end and according to one study, the size of the sector in India is expected to reach $1 billion by the same time. But since it is an emerging sector, the industry is not getting the right kind of professionals to realise its full potential.

Drug Companies: You have a drug, India has the market

Entry India, LLC — Sun, 10 Oct 2010 16:14:39 -0400

Indian pharma market on steroid-like growth

Business-Standard, 06/10/2010

The Indian pharmaceutical market has shown growth of a little over 20 per cent for the 12 months ended July, above four times the global growth rate of about five per cent.

The Indian drug market, currently valued fourth in terms of volume and 13th in terms of value, is expected to become one of the largest in the world, thanks to the population size.

Key facts about India's infrastructure sector

Entry India, LLC — Sun, 10 Oct 2010 15:25:14 -0400

HONG KONG | Tue Sep 7, 2010 2:22pm IST

Here are some key facts about India's infrastructure sector:

- India, Asia's third-largest economy, expects to invest about $500 billion in infrastructure, mainly in power, telecommunication, roads, railways and oil pipelines, in the five years ending March 2012.

- India will need to spend more than $1 trillion on infrastructure from 2010 to 2019, with roads requiring $427 billion, power $288 billion and railways $281 billion, according to Goldman Sachs.

Business opportunity [in India] for products and service providers of efficient building space

Entry India, LLC — Sun, 10 Oct 2010 15:19:02 -0400

BusinessLine Bureau, Chennai, Oct. 6, 2010

Mr Robert Donkers, Minister Counsellor, Environment, Delegation of the European Union to India, said India is yet to build over two-thirds of the space estimated to be needed by 2030. This represents an opportunity to address the concerns built-up spaces pose to the environment, pollution and climate change.

The potential to bring down energy costs, conserve natural resources and mitigate the environmental impact of buildings were driving interest in green buildings.

Global luxury brands urged to have production bases in India

Entry India, LLC — Sun, 10 Oct 2010 14:36:01 -0400

Thu, Oct 7 06:56 PM

India's luxury market was estimated at $4.67 billion in 2009, according to a report by A.T. Kearney. A number of international brands have opened retail stores across the country, mostly in key markets like New Delhi and Mumbai.

'Establish your production bases in India to supply Southeast Asia, West Asia and North Africa, because that is where India's core competency also lies,' he [Minister of State for Commerce and Industry Jyotiraditya Scindia]added.

Real estate prices hit the fast track in New Delhi, Mumbai

Entry India, LLC — Sun, 10 Oct 2010 13:50:15 -0400

8 Oct, 2010, 03.18AM IST, Sanjay Dutt

There is, therefore, a concern that these two markets have demonstrated higher-than- expected enthusiasm, especially in the central parts in the case of Mumbai, and Gurgaon and Noida for Delhi. A lot of investors have plugged in considerable amounts of capital in these regions, and the values, on an average, have now gone 30% higher than the last peak. Some of the residential developments in central Mumbai in 2008 had peaked at `30,000/sq ft. Today, they stand at 38,000/sq ft.

NRIs: Oversupply of houses, high prices and less buyers [in India]

Entry India, LLC — Sun, 10 Oct 2010 13:37:54 -0400

Unsold homes pile up

Rajat Guha, Vishakha Talreja
Posted: Friday, Oct 08, 2010 at 0038 hrs IST

With the prices of residential units exorbitantly high especially in Delhi and Mumbai and a deluge of residential project launches quarter after quarter, it’s a clear demand-supply mismatch.

Overseas retail investors may get to buy stocks directly

Entry India, LLC — Sun, 10 Oct 2010 13:19:55 -0400

10 Oct, 2010, 12.15AM IST,Bloomberg

India may allow individual investors based overseas to directly buy stocks for the first time, easing a rule that restricts investments to mutual funds, said a finance ministry official with direct knowledge of the matter.

The rule change may add to the $92 billion foreign funds that have poured into local stocks since they were allowed into the country in 1993, with almost a quarter invested this year.

India wealth to double in 5 yrs; may grow to $6.4 trillion: Report

Entry India, LLC — Fri, 08 Oct 2010 09:49:49 -0400

PTI, Oct 8, 2010, 05.05pm IST

According to the Credit Suisse Global Wealth Report published for the first time, the total wealth of India has trebled in a decade to $3.5 trillion. By 2015, the country's wealth could nearly double to $6.4 trillion.

Besides, the report said that there were 24 million high- net-worth individuals (HNIs), whose average wealth per adult stood in the range of $1-$50 million. China has over 800,000 HNIs, India has around 170,000 while rest of the Asia Pacific as over four million HNIs.

Despite all the mess and chaos of India, the country’s [India] business is booming. India will outpace China

navin — Tue, 05 Oct 2010 15:09:28 -0400

A bumpier but freer road

Despite all the mess and chaos of India, the country’s business is booming. This will change the world.

US Companies to participate in Presidential Executive Mission to India

navin — Tue, 05 Oct 2010 15:04:12 -0400

"This Business and Entrepreneurship Summit in India's financial capital will be the President's first stop with the business community in India, enabling the President to experience first hand the excitement underway, generated by the entrepreneurial spirit that unites our business communities, and which binds our two countries.

Renewable energy courses planned

navin — Fri, 01 Oct 2010 15:13:37 -0400

The introduction of such courses signals policymakers plans to tap a large base of skilled workers that could effectively contribute to a small, but ambitious initiative by the government to install 20,000MW of solar power by 2022.

Introducing proper human resource development initiatives is key to a successful industry. We can't survive on imported expertise, said an official in the ministry who didn't want to be identified.

For compete article, click here.

Duke University plans to set up campus in India

navin — Thu, 30 Sep 2010 14:18:30 -0400

The institute will start with a business school that will offer a diploma programme.

US-based Duke University ranked 14th in the QS World University Rankings is planning to set up a campus in India. However, the university management is yet to decide on the location. According to sources, it is looking for around 25 acres to set up its campus either in Delhi, Mumbai, Chandigarh or Pune.

Foreign pilots in demand [in India] as fleets expand

navin — Thu, 30 Sep 2010 14:07:40 -0400

Some 150 aircraft are expected to join India's airlines by 2015, adding to the 400-odd they currently operate, and creating 1,500 pilot jobs. Airlines are expanding in the anticipation that accelerating economic growth will boost passenger traffic, which has grown 20% year-on-year so far in 2010.

The regulator has told the airlines, which have 600 expats among 4,000 pilots, to phase out the foreigners by July to create jobs. India also has around 4,000 fresh-out-of-college unemployed, inexperienced pilots who can't command aircraft.

Foreigners to fund up to 30 pct of Indian roads

navin — Thu, 30 Sep 2010 13:54:44 -0400

NHAI, which builds, maintains and manages highways, has awarded contracts to build 3,000 kms of road between April and August and looks to award another 6,000 kms before the fiscal year ends next March, he told in an interview for the Reuters India Investment Summit.

PIOs will get to purchase property in India faster

navin — Thu, 30 Sep 2010 13:51:54 -0400

The Indian diaspora would soon have some cause for cheer. The government has decided to permit persons of Indian origin (PIO) to buy property in India without the mandatory approval of the Reserve Bank of India (RBI).

Current laws restrict investments by PIOs in real estate, causing delays extending to over a year. RBI and the home ministry have given in-principle approval to the proposal, sources said.

For complete article, click here.

Sri Venkateswara College plans tie-up with foreign varsities

navin — Thu, 30 Sep 2010 13:38:51 -0400

Cognizant Technologies has an Open Source Software lab in Sri Venkateswara College of Engineering. IBM has a Rapid Application Development centre in the college. These are a few examples of the close link with the industry that the college has, a feature that its management says distinguishes it from other engineering colleges.

To build upon this, Sri Venkateswara is planning to tie-up with foreign universities of repute to take up research ventures, Mr Muthiah said.

Pune, Amritsar offer potential for future US exports

navin — Thu, 30 Sep 2010 13:23:34 -0400

US Under Secretary of Commerce for International Trade Francisco Sanchez said the 'emerging Indian metropolitan areas like Pune, Nagpur and Amritsar offer great potential for future US exports'.

While delivering the inaugural remarks at the Growth in Emerging Metropolitan Sectors (GEMS) Conference here, Sanchez said that according to estimates, 68 Indian cities would have population of more than one million with average household incomes in urban areas topping four trillion dollars in the next two decades.

The Outlook for Start-ups in 2010

mahendra — Thu, 30 Sep 2010 10:54:05 -0400

According to a report released in May by the Ewing Marion Kauffman Foundation, the number of new businesses created between 2007 and 2009 was the highest level in 14 years, even exceeding the start-up boom of 1999-2000. In 2009, 340 adults out of every 100,000 started a business each month, up 4% from the pace in 2008. The question is why and what role venture funds, angel investors or bank loans playing in this start-up boom?

>> The Whole Story

Sectorial Snippets: India Industry Information by KPMG

mahendra — Mon, 27 Sep 2010 11:25:43 -0400

"Sectorial Snippets" is a monthly newsletter from KPMG in India, providing an overview of the Indian economy in the form of news-briefs from across key sectors. You can get this newsletter on a regualr basis by contacting mknowledge@in.kpmg.com.

Download the Sept Issue here.

Argentinian farmers to grow pulses to meet India's demand

navin — Sun, 26 Sep 2010 20:59:45 -0400

Argentine farmers have agreed to grow pulses to meet India's domestic demand besides offering information on best practices and technologies in the agri sector.

Argentine farmers have given consent to our suggestion to grow pulses for exports to India. This will help us diversify our sources of import. Some companies have offered to cultivate commodities for export to India, said senior officials.

The country's pulse production stands at around 14 mt and have been stagnant for some years against a consumption of around 17 mt.

Indian campuses get a foreign flavour

navin — Sun, 26 Sep 2010 20:56:06 -0400

New universities are hiring faculty from overseas at salaries far above the industry average

As the higher education sector expands and prepares for the entry of foreign education providers, new universities, some as young as a year, are furiously hiring people from overseas on to faculty panels, for salaries far above industry average. The purpose, most universities admit, is two-pronged: one, to build their international appeal and credibility in the initial years; and two, to add ethnic diversity.

Healthcare, hospitality lead in job creation

navin — Sun, 26 Sep 2010 20:51:56 -0400

The organised sector in India would create about 320,000 jobs between July and September, according to the Ma Foi Randstad Employment Trends Survey. There is optimism in the economic scenario across all sectors and most of the new jobs created are in services, it says.

India infrastructure boom to boost world growth - Ahluwalia

navin — Sun, 26 Sep 2010 20:48:44 -0400

Montek Singh Ahluwalia, the deputy head of the Planning Commission, said India's current account deficit could reach 3 percent in the fiscal year ending March 2011 but the higher figure could be financed by increased capital flows.

Asia's third-largest economy is looking overseas to import equipment to help build infrastructure projects worth a planned $1.5 trillion in the ten years to 2017.

Imports will likely increase in the coming years especially for higher end projects such as airports and power plants, Ahluwalia said

India may face shortage of 26 mn houses by 2012

navin — Sun, 26 Sep 2010 20:45:46 -0400

India will face shortage of over 26 million houses by 2012, which would lead to spurt in housing prices as demand-supply gap widens amid rising purchasing power of the middle class people, a consultancy firm has said.

Demand for residential property is rising sharply because of growing young working population, increasing urbanisation, declining household size resulting in more nuclear families with growing household income and improved availability of loans.

India 5th best country for real estate investment: report

navin — Sun, 26 Sep 2010 20:43:14 -0400

India is ranked as the fifth most attractive destination for future real estate investments in a list topped by China, according to a latest report of FICCI and Ernst and Young.

In the list of top nine attractive destination for real estate investments, China is followed by the US, UK and Singapore.

"India ranks fifth on the overall index, as it scores better on the country economy development index and the real estate market index, but fairly low on the regulatory index," the report released here said.

Boom time for private port players

navin — Sat, 25 Sep 2010 19:02:18 -0400

Starting 2010, the future may belong to the private sector in Indian ports, commented a senior Shipping Ministry bureaucrat five years ago. Things are going pretty much in the same direction as he predicted, contrary to many in the industry saying government-run major ports will continue to dominate the sector.

India's new retail growth centres- small towns

navin — Sat, 25 Sep 2010 19:00:21 -0400

Indian retail juggernaut, which began rolling towards smaller cities and towns a few years ago, has gathered momentum as retailers are now going whole hog to make a killing. Changing demographics, higher disposable income and improved agri-produce realisation have made smaller cities and rural areas the future hotbeds of growth. And Indian retailers are in no mood to miss out on this big, untapped growth opportunity.

Indian advertising in for exciting times

navin — Sat, 25 Sep 2010 18:51:43 -0400

Indian advertising is in for some exciting and creative times as a wave of new thinking is blowing over the industry with the economy expanding and Indian brands entering the global market place, says Shyam Madiraju, the man behind the much-talked-about Kit Kat ad featuring a pair of dancing squirrels.

According to a FICCI-KPMG report, advertising spend in India is expected to grow at a 12.4 per cent rate over the next five years. It grew at CAGR (compounded annual growth rate) of 17.1 percent in the past three years.

Desi [Indian] firms score over MNCs in attracting talent [in India]

navin — Sat, 25 Sep 2010 18:41:59 -0400

With the Indian economy growing fast and the job market picking up momentum , headhunters across the country are on a hiring spree. And this time around it is not the MNCs. The talent hunt in India Inc has got a new star under the strobe lights - desi companies.

Tier II, III cities power nation's growth

navin — Sat, 25 Sep 2010 18:28:36 -0400

Small towns are churning out big news. Unbelievable as it may sound, people from BIMARU regions are making more money, in turn, fuelling the nation's economic resurgence.

The highest growth (95%), among all regions, has been posted by Bihar and Jharkhand followed by Purvanchal or eastern UP, where collection shows an increase of 91%.

India world's 21st largest outward investor: Report

navin — Sat, 25 Sep 2010 14:40:07 -0400

India has emerged as the world's 21st largest outward investor, with the Indian investing over $75 billion overseas in the past decade, a Columbia University report has said.

"India is now the world's 21st largest outward investor, which is significant given its historically minuscule foreign direct investment (FDI) outflows," said the Vale Columbia Center on Sustainable International Investment in its report released on Outward FDI from India.

India Journal: Can Small Business Save India? No.

navin — Fri, 24 Sep 2010 09:59:57 -0400

A recent Goldman Sachs report suggests that India's labor force in the next decade alone will increase by 110 million compared to 15 million for China. In a single generation, this would be the largest increase to the global labor force in history with people in their 30s and 40s comprising about half of this increase. Indias services sector might roughly absorb 40 million of these workers. What happens to the rest?

For complete article, click here.

MNCs in Rural India: At a Turning Point

navin — Fri, 24 Sep 2010 09:46:23 -0400

India Knowledge@Wharton

US eager to help Indian school kids - Roemer

navin — Fri, 17 Sep 2010 09:23:06 -0400

The US is eager to reach out to more schoolchildren across India apart from the ties in the field of higher education, US Ambassador to India Timothy J. Roemer said here on Wednesday.

"We are always looking forward for more ways of serving the people. The focus is not only on the highest level of education for the elite, we want to reach out to the common man," Roemer said after visiting American India Foundation and Clinton Foundation's 'Digital Equalizer Project' at the Delhi Tamil Education Association School in the national capital.

Chandigarh attracts big players in commercial realty

navin — Thu, 16 Sep 2010 18:40:58 -0400

When Godrej Properties announced its plans for Chandigarh last year, it went on to prove how Chandigarh and its periphery were gaining attention from national players for commercial space as well.

Chandigarh has dearth of space as far as commercial realty is concerned and this provided an incentive for Godrej to come up with the project which is expected to be completed in two years.

Govt approves 1000 MW grid-connected solar power projects

navin — Thu, 16 Sep 2010 18:34:45 -0400

The government has approved 1000 MW of grid-connected solar power projects, New and Renewable Energy minister Farooq Abdullah said today.

The government is targeting 1000 MW of solar power by 2013 of which 500 MW would be solar PV and 500 MW through solar thermal technology.

The government has targetted 20,000 MW of solar power by 2020 through the Solar Mission. The total potential for renewable energy output is estimated at 85,000 MW.

Mumbai to get India's first multi-level automated car parks

navin — Thu, 16 Sep 2010 18:29:32 -0400

India's first robot-assisted multi-level car parks that can collectively accommodate over 1,100 vehicles will come up at two private commercial building projects in the city, a company official said here Monday.

For complete article, click here.

IIT-GN begins to rope in faculty from overseas

navin — Thu, 16 Sep 2010 18:24:44 -0400

Indian Institute of Technology, Gandhinagar (IIT-GN) today said it has begun to rope in faculty from overseas in order to raise the teaching standards and improve quality of research output.

The institute having faculty strength of 41, so far has got four members with foreign citizenship on board, and another five are likely to join in soon, said S K Jain, director, IIT-GN.

For an institution to excel its essential to have a diverse faculty pool. We aim to have 20 per cent faculty from overseas at any given point of time here, Jain added.

e-waste disposal facility must for IT firms in Bangalore

navin — Thu, 16 Sep 2010 18:20:06 -0400

The Rs 8,488-crore budget, for the year 2010-11, has made allocations to develop seven multi-level parking slots, white topping for main avenues, tree parks, and fencing of major open drainages.

For complete article, click here.

Creating clarity for IP owners in India

navin — Thu, 16 Sep 2010 12:27:41 -0400

Click here for the comlete artcile.

Retailers see big action in lifestyle sportswear segment

navin — Thu, 16 Sep 2010 12:16:35 -0400

With the confident Indian male not wanting to hide behind the blue and white shirt anymore, the action in the apparel market has shifted to the lifestyle sportswear' category. And retailers such as Arvind and Madura Garments are keen to tap this fast growing segment, which is a bridge between formal and casual wear, with brands such as US Polo, Gant and Van Heusen Sport.

For complete article, click here.

India seeks Canadian investment in food processing

navin — Thu, 09 Sep 2010 21:59:28 -0400

Subodh Kant Sahai, India's minister for food processing industries, has called upon Canadian companies to invest in the fast growing sector of the Indian economy.

Sahai, who is here [Toronto] to seek investment and knowhow, said the Indian food processing sector was growing by more than 14 percent and many Canadian companies have evinced keen interest to come to India.

For complete article, click here.

Foreign universities will create talent pool, says Sibal

navin — Thu, 09 Sep 2010 21:50:34 -0400

Defending the proposed entry of foreign universities in India, union Human Resource Development Minister Kapil Sibal on Monday asserted that they would help create a talent pool for the country.

US universities look to expand operations in India

navin — Thu, 09 Sep 2010 21:48:02 -0400

"American universities are looking to expand operations in India, a country which sends the most number of students for studying in US," American centre director Anne Grimes said here [Ahmedabad]today.

Indian ad market set for rapid growth

navin — Thu, 09 Sep 2010 21:44:17 -0400

The Indian advertising market is set enjoy a surge in demand over the next five years, with television and the web driving the trend.

According to PricewaterhouseCoopers, the consultancy, the entertainment and media industry in India will grow by an average of 12.4% per year during the period to 2014.

"With confidence returning alongside a likely increase in consumer and advertisement spends, the E&M industry is looking to get back to its high growth trajectory," Timmy S Kandhari, leader of PwC India's entertainment and media practice, said.

IT firms uncertain about US business

navin — Thu, 09 Sep 2010 21:42:14 -0400

Despite the robust growth reported by the large information technology (IT) companies over the last few quarters, uncertainty persists about spending by clients over the coming year in the key US market as economic data from the country isnâ€™t positive.

India earned nearly two-thirds of its software and backoffice exports of $49.7 billion (Rs.232,000 crore) in fiscal 2010 from the US. This year, the industry expects to grow 15-18% on increased business flow from customers.

Rural web users in India to grow 30%

navin — Thu, 09 Sep 2010 21:37:31 -0400

The number of internet users in rural India is forecast to rise 30 percent to 5.4 million in 2010, according to a joint study conducted by the Internet & Mobile Association of India (IAMAI) and market research firm IMRB.

E-mail is the dominant purpose of internet access in rural India, the organisations said, adding that about 85 percent of the total rural users in 2009 accessed the internet for e-mails.

Indian IT peripheral market grows 40%: Gartner

navin — Thu, 09 Sep 2010 21:06:42 -0400

The combined printer, copier and multifunctional product (MFP) market in India has witnessed a growth of 39.9 per cent, showed data reveled from Gartner, leading information technology research and advisory company.

According to Gartner, the market totalled nearly 0.8 million units in the second quarter of 2010, compared to the corresponding quarter of 2009.

For complete artilce, click here.

Mall or high street?: Cornering the retail boom

navin — Tue, 07 Sep 2010 19:11:47 -0400

â€œInside a mall, it is difficult to find a customer who is interested in making an instant purchase. The high street shopper has made up his mind even before he has stepped in.â€ Also, most mall-owners (developers without a retail experience to be precise) donâ€™t attract the right consumers as they donâ€™t have the right tenant mix. As a result, his mall stores depend on the mall for business, while the high street stores work independently. They are not dependent on others to manage the show, away from problems of timings, maintenance and housekeeping.

Indian wine market warming up to international labels

navin — Mon, 06 Sep 2010 07:30:45 -0400

Though the young domestic wine market is still to take off compared to international mature wine markets, the consumers slowly and gradually had begun displaying interest in international brands and are ready to experiment, according to Arun Kumar, Aspiri Spirits, leading importers and distributors of premium wines and spirits in India.

â€œToday India is one of the fastest growing market and we are keen in establishing our presence here,â€ said Jake Jacob, Regional Director-Asia-Pacific and UAE, Gerard Bertrand Wine, renowned wine group from Languedoc Rousseau region of France.

Equifax launches credit information service in India

navin — Mon, 06 Sep 2010 06:20:15 -0400

Equifax Inc, a global leader in information solutions, today said that it has begun providing its in-depth credit information solutions across India, using member-contributed data from the countryâ€™s largest banks and financial institutions.

For complete article, click here.

Create a single window for all foreign investors: Sinha panel

navin — Thu, 02 Sep 2010 06:56:15 -0400

The finance ministry on Tuesday proposed to do away with the different rules for portfolio, NRI and foreign venture capital investments in India and institute a single window regulatory system for all. The idea behind the sweeping changes is to make life easier for foreign investors in India and to reduce the cost of equity capital for local companies.

For complete story, click here.

Indian consumers go green: Datamonitor

navin — Thu, 02 Sep 2010 05:18:29 -0400

This report provides an analysis of the Indian consumers' attitude towards green practices, products and services across, mainly, three sectors- energy, retail and transport. It also rates different consumer segments by assigning them green scores, based on their level of adoption of green behavior across these sectors.

For complete story, click here.

Banks can finance NRI kidsâ€™ education in India

navin — Mon, 23 Aug 2010 03:27:31 -0400

NRI education loan allows the NRI to educate his child in India in recognised schools and colleges by taking a loan. The objective is to meet tuition, admission, cost of books, equipment and other maintenance costs.

For complete artilce, click here.

Mumbai the filthiest of all metros: Study

navin — Sun, 08 Aug 2010 01:04:09 -0400

For the first time, the government has ranked 423 class 1 Indian cities on the basis of their sanitation standards, and it may come as no surprise that Mumbai ranks not just lowest amongst the four metros but with its 46th position falls behind even cities like Kanpur and Guntur.

Indians in US, other countries to get tax concession

navin — Sun, 04 Jul 2010 04:02:58 -0400

It is what you may call charity with benefit. Indians, staying in the US, could in next three months avail tax concession on the money they will spend on social welfare projects at their native places in India.

Under the 'India Development Foundation for Overseas Indians', an initiative of ministry of overseas Indians, they will get tax exemption if they want to build schools, primary health centres and other infrastructure in their villages and places of origin in India.

Pharma, clinical research companies keen to set up base in India

navin — Fri, 02 Jul 2010 05:38:17 -0400

The Indian arm of the Chicago-based Vestian Global Workplace has positioned itself as an end-to-end service provider in the real estate industry, representing tenants only.

Vestian is currently in discussions with several global pharma and clinical research organisations (CROs), which are keen to set up their bases in the sub-continent.

MNCs from these verticals are scouting for space of about 7.50 lakh sq ft in all major metros. These are tier II companies that have a market cap ranging between $500 million and $1 billion.

India is No. 2 in manufacturing competitiveness

navin — Fri, 02 Jul 2010 01:01:39 -0400

India has emerged as the number two in the world in global manufacturing competitiveness, next only to China and ahead of economic superpowers like the US, Japan and Germany, according to a report from research firm Deloitte and US Council on Competitiveness.

Based on responses of more than 400 senior manufacturing executives worldwide, the study also predicted that Asian economies will continue to be more competitive while US and Europe will find the going tough in the next five years.

Property prices in India likely to crash

navin — Fri, 02 Jul 2010 00:58:35 -0400

The economy is growing at the rate of eight per cent per annum and how can you expect the prices of property to appreciate at 250 per cent or more. Today, the prices of the property have gone out of hands for the common people.

For complete article, click here

US to target investment to smaller Indian cities

navin — Thu, 01 Jul 2010 23:11:34 -0400

WASHINGTON: The United States now plans to target American investment to India's Tier II cities with two US and Indian trade associations hoping to enlist Small and Medium Enterprises (SMEs).

By targeting Tier II and Tier III cities in India for American investment, pressures on primary urban centres in India will be alleviated while introducing US investment to new opportunities. "The result will be inclusive growth - for both sides."

India is favourable for clinical research and trial

navin — Wed, 23 Jun 2010 18:24:31 -0400

Worlds' fifth largest clinical research organisation(CRO) Nasdaq listed Kendle today started its first special economic zone unit in India, banking on the country's favourable regulatory framework for clinical trials as well as cost efficient delivery systems

For complete article, click here.

India offers big business opportunities to US firms

navin — Mon, 24 May 2010 18:39:20 -0400

As India is looking for massive investment in its infrastructure sector in the coming years, the country offers big business opportunities to American companies, the Indian Ambassador to the US Meera Shankar has said.

"We are looking to improve our infrastructure (and) to improve agricultural production," she said, addressing some top 250 top corporate leaders of this Mid-Western State at the Economic Club of Minnesota at the Minneapolis Club.

Nature of remittance flows into India from the Indian diaspora

navin — Thu, 20 May 2010 20:17:13 -0400

Overseas Indian Affairs Minister Mr Vayalar Ravi has informed the Lok Sabha that the country received remittances to the tune of approximately US$ 40.8 billion (around Rs 204,050 crore) during the period April to December 2009.

Noteworthy takeaways from the survey have been:

Novartis plans ayurveda debut

navin — Thu, 20 May 2010 17:34:37 -0400

â€œMost of the top brands in the Indian OTC market are ayurvedic brands. The Indian consumer clearly has preferred the use of traditional medicine systems and brands while managing healthcare issues. Novartis India will evaluate both allopathic and ayurvedic segments based on key consumer needs for future brand launchesâ€, Ranjit Shahani, vice-chairman and managing director, Novartis India, said.

Indian ambassador touts infrastructure opportunity

navin — Thu, 20 May 2010 17:06:06 -0400

Indiaâ€™s ambassador to the United States said Wednesday that her countryâ€™s growing economy and infrastructure needs are creating big business opportunities for Minnesota companies and scores of other U.S. firms.

â€œWe are looking to improve our infrastructure [and] to improve agricultural production,â€ said Meera Shankar, who spoke to the Economic Club of Minnesota at the Minneapolis Club. She noted that Indiaâ€™s infrastructure needs could top $1 trillion over the next decade.

Bangalore runs on generators

navin — Tue, 18 May 2010 21:16:18 -0400

The city is running on generators but the government is unfazed. Both Bescom and KPTCL have come out with standard excuses: demand is more, state facing shortage, technical snags in Raichur power plant.

New outsourcing hotspots want collaboration, not competition, with India

navin — Fri, 14 May 2010 09:27:20 -0400

Emerging outsourcing hotspots like Brazil, Poland and Egypt claim they want to position themselves â€˜complementary' to India in IT-BPO work, and not be tagged as rivals. These countries say their differentiated appeal based on multilingual capabilities and specific domain expertise fits the â€˜India plus one' strategy of most global clients.

Law firm Consulting sector: Growing in India?

navin — Thu, 13 May 2010 21:18:39 -0400

Last month, DuPontâ€™s Dan Mahoney joined Edge International (Edge), a multinational consulting company providing law firm management and consulting advice on several issues concerning modern law firm management, ranked internationally amongst the top three. Dan was responsible for DuPontâ€™s award winning law firm partnering program, which featured the innovative supply chain management model adopted by law firms worldwide. Danâ€™s innovative Value Pricing Model is tipped to be the next billing arrangement model for law firms worldwide.

Foreign firms India calling?

navin — Thu, 13 May 2010 21:15:29 -0400

News and debates surrounding the liberalisation of the Indian legal services sector has been doing the rounds for quite some time now. Certain sections of the Indian legal fraternity (read the Bar Council) are opposed to the idea of allowing foreign law firms in India.The recent writ petition filed by A.K.Balaji raises many issues relating to what the foreign law firms can and cannot do in India under the prevailing Indian laws.

India: A U.S. Partner for Global Opportunity

navin — Thu, 13 May 2010 18:05:37 -0400

(As seen in THE HILL on THURSDAY, MAY 13, 2010)

India is booming. A recent visit to this billion-person economy reveals stunning opportunities for U.S. companies.

In part, this can attributed to the U.S.-India Civil Nuclear Cooperation Initiative bearing fruit. This agreement, overwhelmingly passed by Congress in 2008, means job creation for both countries: In the United States, as it digs out from a crushing recession, and in India, as it attempts to employ three-quarters of a billion people younger than 35.

India rolls out the smart-city way of living

navin — Wed, 12 May 2010 20:27:56 -0400

India is finally set to give shape to its futuristic smart cities â€” world-class, self-sustainable habitats with minimal pollution levels, maximum recycling, optimised energy supplies and efficient public transportation.

The pilot projects to develop these â€˜smart communitiesâ€™ is underway and is expected to be completed over the next 18 months. Japanese corporations such as Hitachi, Mitsubishi, JGC Corp and Toshiba, among others, will design and build these eco-friendly towns along the Dedicated Freight Corridor (DFC).

Opening for foreign universities in India

navin — Sun, 09 May 2010 10:32:08 -0400

Universities around the world are poised to establish outpost colleges in India as the government pushes ahead with plans to create 800 to 1,000 new universities.

For complete article, click here

OPIC Opens Renewable Energy & Clean Technology Conference

navin — Sat, 08 May 2010 09:24:28 -0400

â€œOpportunities for American investment in renewable energy and clean technology are nowhere greater than in emerging markets, in large part because the distribution of energy generated by fossil fuels in developing countries is often difficult and expensive,â€ said Dr. Spinelli. â€œResponding to President Obamaâ€™s call for American leadership in tapping new sources of energy, this international investment conference is OPICâ€™s most definitive effort yet to facilitate new American investment in renewable energy and clean technology.

Rules eased for entry of foreign companies into India

navin — Wed, 05 May 2010 18:45:00 -0400

Multinational and foreign companies will now find it less cumbersome to establish a place of business in India, as the Government has done away with some red tape.

The Ministry of Corporate Affairs (MCA) has removed the requirement of foreign companies/foreign nationals to get consular verification in their country of origin for establishing place of business or setting up a subsidiary in India. This benefit will be available to only those foreign companies incorporated in a country that fall outside the Commonwealth but a party to the Hague Apostille Convention 1961.

Indian shores lure more foreign cos

navin — Wed, 05 May 2010 18:37:14 -0400

Recessionary winds blowing across the globe have directed overseas shipping and logistic companies to sail on the Indian shores sensing a business opportunity in midst of a slowdown.

In the past two months, at least three international shipping companies have entered India to tap the market in the country. Even the existing overseas companies, which had set up their base in India, are now planning to expand their services.

For complete article, click here

Small firms from US, Europe head to India

navin — Wed, 05 May 2010 18:25:48 -0400

The next wave of demand for talent and space is on its way to India, as tier-II companies from Europe and the US are looking at setting up shop in the country.

Industry experts say that beginning 2011, demand for both these resources is expected to reach the â€œcrazy levelsâ€ of 2005-06.

After the first wave of the large-cap multinationals, it is the turn of the small and medium enterprises (SMEs) of a size of around $500 million from these two continents to step into India. Some of these companies are family-owned.

Counterfeit goods growing problem in India: USTR

navin — Mon, 03 May 2010 20:04:45 -0400

US watchdog lauds Indiaâ€™s IPR efforts, but picks holes in legal framework.

Counterfeit goods and pirated software and optical media continue to thrive in India. A report by the United States Trade Representative (USTR) has named Nehru Place and Palika Bazaar in New Delhi, Richie Street and Burma Bazaar in Chennai, Manish Market, Heera Panna, Lamington Road and Fort District in Mumbai, and Chandni Chowk in Kolkata as markets that need to be watched out for this high-volume trade.

Inflation clouds gather over Indian economy

navin — Mon, 03 May 2010 18:40:32 -0400

What steel czar Lakshmi Niwas Mittal told the Financial Times on Friday served to underline the rising inflation fears of countries such as India in the financial year ahead.

The ArcelorMittal chief said the impending, and large, rise in the cost of iron ore would lead to new volatility in the steel industry, pushing up output prices.

For complete article, click here

Top Japanese cos ink pact with state govts, DMIC

mahendra — Mon, 03 May 2010 18:34:22 -0400

Top Japanese consultants, including Mitsubishi, Nikken Sekkei and IBM Japan, have joined hands with three state governments and the Delhi-Mumbai Industrial Corridor Development Corporation (DMIDC) to develop eco-friendly infrastructure for new cities planned in the $90-billion Delhi-Mumbai Industrial Corridor (DMIC).

Logistics space is hotting up

navin — Mon, 03 May 2010 18:32:47 -0400

It might just well be the next blue-eyed sector in India. With investments in the line of $1 trillion, the logistics sector is definitely gearing up as JVs, PE players, cross-border acquisitions, strategic investments and even universities foray into the hitherto ignored and complex sector.

Solar energy to get a boost

navin — Mon, 03 May 2010 12:47:44 -0400

According to Mr A K Singhal, Director, Ministry of New and Renewable Energy, the government of India plans to produce 20 million MW of power using solar energy. The government has also enhanced the earmarked amount to Rs 1,000 crore (US$ 224.3 million) for the same.

For complete article, click here

You want a job in IT....go to India

navin — Sun, 02 May 2010 14:04:20 -0400

Infosys to hire 1,000 expats this year
29 Apr, 2010, 06.57AM IST, Deepali Gupta, ET Bureau

Infosys Technologies plans to give the pride of place to foreign faces in its sales and consultation teams in a radical hiring shift that the company believes will help land lucrative deals and boost its image as a global IT powerhouse.

US, UK, Oz warn of 'imminent' terror attacks in New Delhi

mahendra — Sun, 02 May 2010 11:15:44 -0400

In fresh advisories, the US, UK and Australia on Saturday warned of "imminent" terror attacks in New Delhi, particularly in market places like Connaught Place, Greater Kailash and Chandni Chowk, which are "attractive targets" for terrorist groups.

For complete article, click here

An identity for all: India ID project fights dust, doubt

navin — Fri, 30 Apr 2010 10:38:06 -0400

As India gears up to build the largest biometric database in the world with the aim of providing most of its 1.2 billion citizens a Unique Identification (UID), perhaps the biggest challenge is smudged fingerprints.

For complete article, click here

India's Urban Awakening: Business opportunities abound as India urbanizes.

navin — Thu, 29 Apr 2010 09:48:22 -0400

Richard Dobbs & Shirish Sankhe, 04.29.10, 01:20 AM EDT

Companies looking for opportunities in Asia inevitably look to China's rapidly growing urban markets, but they should also examine prospects in India more closely.

India is urbanizing at a pace and on a scale only outstripped by China. By 2030, 590 million Indians will live in cities compared with 340 million in 2008. At least two of India's cities (Mumbai and Delhi) will be among the five largest cities in the world by 2030

Taking the U.S.-India Partnership to the Next Level

navin — Sat, 17 Apr 2010 13:16:23 -0400

Address by THOMAS J. DONOHUE President and CEO, U.S. Chamber of Commerce

"Iâ€™d like to thank the Confederation of Indian Industryâ€”not only for providing me with this opportunity todayâ€”but for all you do every day to foster close and profitable ties between the businesses of our countries.

All of us at the Chamberâ€”and especially Ron Somers and the U.S.-India Business Councilâ€”have worked with CII very closely for many years, and we greatly value your friendship and advice. "

Obama to visit India in August or October: Prime Minister of India

navin — Sat, 17 Apr 2010 13:06:35 -0400

Almost a week after he told Barack Obama that India was eagerly looking forward to his visit, Prime Minister Manmohan Singh on Saturday said the American president would be coming on his firston Saturday said the American president would be coming on his first.

India Inc's Renewed Push for Infrastructure

mahendra — Mon, 12 Apr 2010 21:02:42 -0400

India's Infrastructure Drive Must Steer Around Potholes
WSJ APRIL 10, 2010by Peter Stein

At a conference co-hosted by The Wall Street Journal Asia in New Delhi last month, Mr. Kamal Nath, a high-profile politician noted that 40% of India's fruits and vegetables rot before reaching market because of delays from poor roads and rail lines.

US Chamber's Trade Mission to India Next Week

navin — Fri, 09 Apr 2010 11:32:02 -0400

WASHINGTON, D.C.-The U.S. Chamber of Commerce's President and CEO Thomas J. Donohue embarks on a trade mission to India next week to highlight opportunities for U.S. and Indian companies to increase trade and investment, expand infrastructure, and leverage technology in order to create jobs in both countries.

India, US working together in key areas: Roemer

navin — Thu, 08 Apr 2010 18:32:39 -0400

Bhubaneswar, Apr 7 (PTI) Describing Indo-US ties as one of the "most important relationships in the world", American Ambassador in India Timothy J Roemer today said both countries were working together across the globe in key areas, including nuclear non-proliferation.

"Things are changing very quickly here. Good governance means good development," Roemer said during a visit to Gyana Nagar slum here inhabited by 81 households to see implementation of two projects on drinking water and sanitation and women's empowerment."

For American business, India is the new land of opportunity

navin — Wed, 07 Apr 2010 09:23:42 -0400

6 Apr, 2010, 12.31PM IST,IANS

Business leaders, professionals, alumni, faculty and students last week turned the spotlight on India at Duke University's second annual India Business Forum in Durham, North Carolina.

From healthcare to technology to media, there is growing excitement in every sector the opportunities that a nation of 1.2 billion people with its growing economy offers.

Here is the complete story.

No Pan Card ? Get Ready to Shell Out 20% of the Income

navin — Thu, 01 Apr 2010 13:19:20 -0400

Times Of India March 31, 2010

It is mandatory to provide PAN card number to your bank or else they will deduct 20 % tax from your income from the account.

Indians love to look fair....18% growth in whitening cream market

mahendra — Thu, 01 Apr 2010 13:15:48 -0400

India's unbearable lightness of being
By Shantanu Guha Ray in Delhi

It is being called "Snow White syndrome" in India, a market where sales of whitening creams are far outstripping those of Coca-Cola and tea.

As a result, the Indian whitening cream market is expanding at a rate of nearly 18% a year. The country's largest research agency, AC Nielsen, estimates that figure will rise to about 25% this year - and the market will be worth an estimated $432m, an all-time high.

50 Most Influential People in India

mahendra — Thu, 01 Apr 2010 13:14:31 -0400

"India Today", in its March 22, 2010 Special Issue lists 50 most influential people in India (calling them Highy and Mighty). Here is the same list in pictures.