Invest Now Newsletter
India Brand Equity Foundation CCXXXIV January 27, 2014
In This Issue
- Policy / Corporate Briefs
- Conversations on Brand India
- Focus (Automobiles)
- Focus (Education)
- Interview
Dr Manmohan Singh, Prime Minister of India sought increased Japanese investment in India during the recent visit of Japan's Prime Minister, Mr Shinzo Abe. Both countries have agreed to explore the idea of concrete cooperation in manufacturing and research and development in the electronic sector as well as in energy efficient and energy saving technologies. "I believe there is enormous untapped potential in our business ties," said Dr Singh, after the annual summit level meeting between India and Japan. The presence of Japanese companies in India increased 16 per cent last year.

Significantly the Andhra Pradesh State Investment Promotion Board (SIPB) recently approved six major investment proposals with a total investment of Rs 6,500 crore (US$ 1.05 billion). Many of the projects hold importance at a national level. For instance, PepsiCo's unit will become the largest beverages plant in the country with an investment of Rs 1,200 crore (US$ 191.27 million). Similarly, Cadbury, the world's second largest and India's largest confectionary company, is setting up its facility in Sri City with an investment of Rs 2,500 crore (US$ 398.49 million). Industrial investments to the tune of over Rs 2 trillion (US$ 31.87 billion) have been cleared by the SIPB since 2011.


Aparna Dutt Sharma
CEO
India Brand Equity Foundation

FOLLOW US
Facebook
Twitter
YouTube
Linkedin
Ordinary Indians, Extraordinary Enterprise
POLICY / CORPORATE BRIEFS
India seeks more Japanese investments: PM
New Delhi: Japan is at the heart of India's 'Look East Policy'. It is also a key partner in the country's economic development. Dr Manmohan Singh, the Indian Prime Minister, has sought increased Japanese investment in India even as both the countries have agreed to explore the idea of concrete cooperation in manufacturing and research and development in the electronic sector as well as in energy efficient and energy saving technologies.
Read more >>
Pepsi, Cadbury proposals among 6 cleared by AP investment board
Hyderabad: The Andhra Pradesh State Investment Promotion Board has approved six major investment proposals with a total investment of Rs 6,500 crore (US$ 1.05 billion). The proposals, which together have an employment potential for 18,500 people, include those by PepsiCo, Cadbury, Colgate, Johnson & Johnson, Gerdau Steels and ITC.
Read more >>
FDI in railways gets a green signal
New Delhi: The Ministry of Home Affairs has finally given its green signal to the proposal of allowing foreign direct investment (FDI) in railways. India will allow foreign players to invest only in construction and maintenance of railway projects.
Read more >>
Government approves five proposals of foreign direct investment (FDI) amounting to about Rs. 1133.41 crore
New Delhi: The Government of India has approved five foreign direct investment (FDI) proposals amounting to Rs 1,133.41 crore (US$ 184.14 million) approximately.
Read more >>
FIIs invested Rs 19,000 crore in debt market so far in January 2014
New Delhi: The foreign institutional investors (FIIs) invested over Rs 19,000 crore (US$ 3.02 billion) in the Indian debt market so far in January 2014. FII inflows into the debt market are increasing on back of stability observed in foreign exchange and interest rates.
Read more >>
Korean power firm signs pact for Rs 3,450-crore project in Maharashtra
New Delhi: Korean South-East Power Co (KOSEP), a subsidiary of Korean state-owned power generator Korea Electric Power Corporation, signed an initial agreement with Mumbai-based Jinbhuvish Group for technical support for its 600 megawatt (MW) power plant project in Maharashtra.
Read more >>
Intel to invest $120 million in research centre
Bengaluru: Intel has announced a US$ 120 million investment in its research and development (R&D) centre in India. The new facility inaugurated by Mr S R Patil, Minister of IT and BT, Karnataka, is expected to commence operations next year.
Read more >>
GSK's Rs 6.4k-cr FDI plan gets FIPB nod
New Delhi: GlaxoSmithKline (GSK), aiming to consolidate its presence in the fast-growing Indian drug market, has secured a clearance from the Foreign Investment Promotion Board (FIPB) for investing Rs 6,400 crore (US$ 1.03 billion) to take 24.33 per cent additional stake in its India arm.
Read more >>
[Back to Top]
CONVERSATIONS ON BRAND INDIA
"The India Adda seemed to have played its part in building the equity of the nation brand at Davos 2014."

Aparna Dutt Sharma
Chief Executive Officer
India Brand Equity Foundation
Building the nation brand equity at Davos 2014

Building the nation brand equity at Davos 2014
Read more >>
[Back to Top]
FOCUS (AUTOMOBILES)
Isuzu eyes India as production hub
Kochi: Japan-based carmaker Isuzu plans to develop India as a production hub for premium sports utility vehicles (SUVs) and pick-up trucks to cater to domestic as well as international markets, said Mr Takashi Kikuchi, Managing Director and President, Isuzu Motors India Pvt Ltd.
Read more >>
Triumph Motorcycles opens first outlet in Bangalore
Bengaluru: British motorcycle brand Triumph has opened its first dealership facility in India, at Bengaluru. The company has tied-up with Bengaluru-based Keerthi Motors, which will provide sales, service, spare parts and systems.
Read more >>
FOCUS (EDUCATION)
New Zealand to expand education presence in India
Mumbai: New Zealand is planning to set up an office in Mumbai to expand its education footprint in India. More than 11,000 students from India study in New Zealand, highlighted Ms Ziena Jalil, Regional Director - South Asia for Education New Zealand (ENZ).
Read more >>
Covidien opens first training and education center in India
New Delhi: Covidien has inaugurated its first training and education center in India. The Covidien Center of Innovation India (CCI India) is located in Mumbai and offers clinicians training on advanced procedures and techniques using leading equipment and technology.
Read more >>
[Back to Top]
INTERVIEW
Mr Todd Gebhart, Vice-Chairman, McAfee Inc, on India a fast-growing marketplace
"India is a huge marketplace and growing very quickly. That's why our strategy around cross-device security is very important to India. It gives us the opportunity to participate in this market like we haven't been able to before."
Read more >>
Mr Keki Mistry, VC & CEO, HDFC, on 18-20% credit growth over next few years
"If we take a long-term view or a five-year view, one would continue to believe that given the shortage of housing and given the young population that we have in India, one would expect 18% to 20% growth over a period of time. It may be higher in some quarters, and lower in some quarters."
Read more >>
[Back to Top]
Privacy Policy: All material, information, data, images or content in this newsletter are subject to copyright or other applicable intellectual property laws and no part of it can be reproduced in any form (including paper or electronic form) without prior written consent and approval from IBEF. Infringements are subject to prosecution under the applicable laws."
www.ibef.org
IBEF does not send unsolicited messages. If you wish to unsubscribe click here