IBEF: India Brand Equity Foundation
India Brand Equity Foundation DCXIII August 11, 2016
In this issue
- What's NewIBEF
- Poll
- Conversations on Brand India
- Did You Know?
- Economy & Policy Snapshots
- They Said It
- Exclusive
- Focus: Exports
- Media: Blog
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Two-wheeler industry in India is set to record its fastest growth in FY2017, as compared to the previous five years, primarily due to good monsoon rains which will give a boost to rural demand and higher expected spending in cities. Industry players are predicting the market to grow at least in high single digit, going up to double digit growth, in current fiscal year. The two-wheeler market grew 14 per cent in the April-June 2016 with the Scooter segment growing by 27.12 per cent and the motorcycle segment at 8 per cent.

In another significant development, to make quality drugs available at affordable prices to people under Pradhan Mantri Jan Aushadhi Yojana (PMJAY), the Government of India plans to open 3,000 Jan Aushadhi Stores (JAS) across the country by March 2017. The move is expected to play an integral role in improving the healthcare scenario in the country by increasing access to quality medicines. The government is also offering a one-time financial assistance for opening JAS within Government hospital premises.

Warm regards

Ravi Capoor, IAS
Chief Executive Officer
India Brand Equity Foundation
What's new@IBEF
Industry snapshots
The industry snapshots have been updated with the latest information on the various sectors of the Indian economy recently. Starting from Agriculture to Tourism, IBEF covers a wide range of industries showcasing the Indian economy.
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Poll India will be a global leader in the Internet of Things industry by 2020?

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Past polls
Conversations on Brand India
"GST is expected to have a far reaching impact on almost all the aspects of the business operations in the country, for instance, pricing of products and services; supply chain optimisation; IT, accounting and tax compliance systems etc."

Ravi Capoor, IAS
Chief Executive Officer
India Brand Equity Foundation

GST: Great Step of Transformation

Did You Know?
Electronic filing of income tax returns in India rose to 22.7 million as on August 5, 2016 in FY2016-17, as against 7.09 million e-returns filed during the same period in FY2015-16.
Economy & Policy Snapshots
India's two-wheeler industry set to record fastest growth in five years in fiscal 2017
Mumbai: Two-wheeler industry in India is set to record its fastest growth in FY2017, primarily due to good monsoon rains which will give a boost to rural demand and higher expected spending in cities because of higher disposable income in the hands of government employees due to Seventh Central Pay Commission proposal.
  4 Indian-origin people named in Forbes' list of top US wealth advisors
New York: Forbes’ list of top 200 US?wealth advisors includes four Indian-origin people, namely Mr Raj Sharma (17) and Mr Ash Chopra (129) of Merrill Lynch Private Banking & Investment Group, Mr Sonny Kothari (176) of Merrill Lynch Wealth Management, and Mr Raju Pathak (184) of Morgan Stanley Wealth Management.
S&P Global Ratings says that Indian companies are set to outperform Chinese peers
Mumbai: India’s top 200 companies by market capitalisation are set to outperform their Chinese counterparts primarily driven by increased spending by the Indian government through its 'Make in India' initiative, according to a report by S&P Global Ratings, a US based credit ratings and research company.
  3000 Jan Aushadhi stores to be opened
New Delhi: Mr Mansukh L. Mandaviya, Minister of Chemicals and Fertilizers, has announced that 3,000 Jan Aushadhi Stores (JAS) will be opened under Pradhan Mantri Jan Aushadhi Yojana (PMJAY) across the country by the end of March 2017, in order to make quality drugs available at affordable prices.
India plans to set up SEZ in Myanmar
New Delhi: The Government of India plans to set up a special economic zone (SEZ) in Sittwe in Myanmar, which will help expand India's footprints in the South East Asia region.
  Naspers set to acquire Citrus Pay for Rs 1,200 crore
Mumbai: Naspers, a South African internet and media group, plans to acquire payment processing start-up Citrus Pay for around Rs 1,000-1,200 crore (US$ 150-180 million), in an all-cash transaction.
They Said It
"India is of central importance to De Beers' future and is at the very heart of the diamond pipeline…India represents the heartbeat of the industry's midstream sector, with the great majority of the world's cutting and polishing taking place here"
Bruce Cleaver
De Beers Group
Exclusive   Focus: Exports
Travel: Crown Jewel
From raggedy hills, pristine valleys, dense forests and clear blue lakes, to innumerable orchids and the Siroi lily found here exclusively, Manipur packs in quite a punch (just like its most famous denizen, the indubitable boxer Mary Kom). Click here to read more about this exclusive travel article from the India Now Business & Economy magazine.
India is among the top 12 biotech destinations in the world and ranks third in the Asia-Pacific region. India has the second-highest number of US Food and Drug Administration (USFDA)–approved plants, after the USA and is the largest producer of recombinant Hepatitis B vaccine. Out of the top 10 biotech companies in India (by revenue), seven have expertise in bio-pharmaceuticals and three specialise in agri-biotech. Click here to read more about Indian botechnology industry.
Media: Blog
Media: Interview   Making SMEs bankable and banking on SMEs
Mr. R. Narayan, Founder & CEO, Power2SME shares his perspective on making Indian SMEs bankable in an exclusive article for IBEF.

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