IBEF: India Brand Equity Foundation
India Brand Equity Foundation DLXXXXI August 05, 2015
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
Twitter Facebook Youtube

The Spices Board has recently announced steps to promote spice cultivation in the country by providing subsidies and sensitising farmers about the need to undertake post-harvest quality enhancement techniques. The Board is also expected to provide financial assistance to farmers for irrigation, land development, mechanisation, replanting, soil conservation and organic farming of various spices. The initiatives are expected to improve export-oriented production of spices like small cardamom and post-harvest improvement of other spices across spice-growing regions in the country. India’s spices export stood at Rs 14,899 crore (US$ 2.4 billion) in 2014-15 as compared to Rs 13,735 crore (US$ 2.26 billion) in 2013-14.

In another significant development, the Government of India recently allowed up to 49 per cent foreign portfolio investment (FPI) through the automatic route in most sectors as part of the new foreign investment policy. The move is expected to allow composite foreign investment caps in almost all sectors excluding private banking and defence. Important sectors like brownfield pharmaceuticals, single-brand retail, insurance and pension are expected to benefit from the development.

Warm regards

Ravi Capoor, IAS
Chief Executive Officer
India Brand Equity Foundation
India Now Business and Economy  
What's new@IBEF
IBEF invites design concepts to represent India at overseas fairs and exhibitions
IBEF invites creative inputs to represent Brand India in overseas fairs and exhibitions. The project comprises creating an original design concept for projecting India at overseas trade exhibitions.

More >>
Poll The offline retail industry in India will continue to flourish even with massive growth in ecommerce in the country?

Vote Now

Show results >
Past polls
Conversations on Brand India
“With one of the youngest populations in the world, India is currently witnessing an entrepreneurial revolution.”

Ravi Capoor, IAS
Chief Executive Officer
India Brand Equity Foundation

India: A vibrant entrepreneurial ecosystem
Did You Know?
India's local language Internet users have grown to 127 million in June 2015, indicating a growth of 47 per cent year-on-year.
Economy & Policy Snapshots
No govt nod needed for 49% FPI in most sectors
New Delhi: The Union Government has allowed up to 49 per cent foreign portfolio investment (FPI) through the automatic route in most sectors as a part of the new foreign investment policy.
  Capital Infusion in MSME Sector
New Delhi: The Government and Reserve Bank of India (RBI) have taken various measures to facilitate easy access to finance for Micro, Small and Medium Enterprises (MSMEs). These measures include launching Credit Guarantee Fund Scheme for Micro and Small Enterprises, issuing guideline to banks regarding collateral requirements and setting up a Micro Units Development and Refinance Agency (MUDRA).
Spices Board rolls out subsidy scheme to boost production, export
Kochi: The Spices Board has decided to provide financial assistance in form of subsidy to spice farmers for land development, mechanisation, replanting, soil conservation, organic farming of various spices as well as for purchasing irrigation and farming equipment and tools, in order to boost spice cultivation and their exports.
  Indian steel consumption likely to grow 7% on higher economic activity: E&Y report
Kolkata: India's steel consumption for FY 2015-16 is estimated to increase by 7 per cent, higher than 2 per cent growth last year, due to improving economic activity, as per E&Y's 'Global Steel 2015-16' report.
Rajesh Exports acquires European gold refiner Valcambi for $400 million
Mumbai: Rajesh Exports Limited (REL), a Bengaluru-based gold and diamond jewellery maker and exporter, has acquired Switzerland-based precious metals refiner Valcambi SA for US$ 400 million through its Singapore subsidiary.
  India leads the global confidence index: Nielsen
Mumbai: India continues to lead the global confidence index prepared by Nielsen for the April-June quarter of 2015 with an index score of 131, majorly due to positive growth in consumer spending on consumer packaged goods and a gradual decrease in job security concerns.
They Said It
"Our total investment in India is in excess of $2.7 billion. Hyundai has strong expansion plans for future to meet customer aspirations and expectations."
Bo Shin Seo
Managing Director and CEO
Hyundai Motor India
Exclusive   Focus: Exports
Haryana: State Snapshot
With an area covering just 1.3 per cent of the country, Haryana contributes nearly 3.8 per cent to India's GDP. It is the third-largest exporter of software and one of the preferred destinations for IT/ITeS facilities. The state is also one of India's largest automobile hubs and accounts for two thirds of passenger cars, 50 per cent of tractors and 60 per cent of motorcycles manufactured in the country.
Indian textiles and apparel have a history of fine craftsmanship and global appeal. India is the second largest producer of textiles and garments in the world with an enormous raw material and manufacturing base. This industry accounts for almost 24 per cent of the world’s spindle capacity and eight per cent of global rotor capacity.
Media: Blog
Media: Interview   #Trendspotting
Piyush Mathur, President, Nielsen India Region shares his views on the changing buying behaviour and habits of the modern aspirational Indian consumer in an exclusive article for IBEF.

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.
IBEF does not send unsolicited messages. If you wish to unsubscribe click here
More such stories available at www.ibef.org