IBEF: India Brand Equity Foundation
India Brand Equity Foundation DLXXXXIV September 14, 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
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The domestic generic drug market in India is expected to grow at a compound annual growth rate (CAGR) of 16.3 per cent to reach US$ 27.9 billion by 2020, according to a recent joint study from Assocham and RNCOS. Generics are expected to account for 85 per cent share in the domestic pharma market by 2020, driven by affordable labour and patent cliff of blockbuster drugs. US is the single-largest export destination, accounting for nearly 28 per cent of domestic pharmaceutical exports, followed by the European Union (18 per cent) and Africa (17 per cent), according to the study. It is important to note here that Brand India Pharma will be present in its full strength at CPhI Worldwide, one of the largest pharmaceutical events across the globe, scheduled to be held from October 13-15, 2015 at Fiera de Madrid, Spain. Do visit the Brand India Pharma website (www.brandindiapharma.in) for regular updates about India’s participation at CPhI Worldwide 2015.

In another significant development, the Reserve Bank of India (RBI) has allowed resident importers to raise trade credit in rupees, provided that they enter into a loan agreement with a foreign lender. The trade credit period for import of capital goods can be up to five years from the date of shipment and no rollover or extension can be permitted by a bank beyond the permissible period, according to the Central Bank.


Warm regards


Ravi Capoor, IAS
Chief Executive Officer
India Brand Equity Foundation
 
India Now Business and Economy  
What's new@IBEF
Did You Know: Trivia about Indian Tea, Coffee and Spices
Do visit the updated Did You Know section on tea, coffee and spices of India. IBEF is managing a dedicated brand campaign for the promotion of India tea, coffee and spices. The website also offers news, statistics, blogs and much more about these three plantation commodities.

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Poll
Poll Which Indian city is known as the start-up capital in the country?

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Past polls
 
Conversations on Brand India
“The Tourist Visa on Arrival (TVoA) enabled by Electronic Travel Authorization (ETA), presently known as e-Tourist Visa scheme, registered an increase of 893 per cent year-on-year with the total of 1,69,976 tourists during January-Aug 2015.”

Ravi Capoor, IAS
Chief Executive Officer
India Brand Equity Foundation
 

Huge jump in Tourist Visa on Arrival
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Did You Know?
India's domestic generic drug market is expected to grow at a compound annual growth rate (CAGR) of 16.3 per cent to reach US$ 27.9 billion by 2020.
 
 
 
Economy & Policy Snapshots
RBI allows importers to raise trade credit in rupees
Mumbai:The Reserve Bank of India (RBI) has decided to allow resident importers to raise trade credit in rupees, on the condition that they enter into a loan agreement with a foreign lender.
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  Approval of National Offshore Wind Energy Policy
New Delhi: The Union Cabinet has approved the National Offshore Wind Energy Policy under which the Ministry of New & Renewable Energy (MNRE) has been authorised as the Nodal Ministry for use of offshore areas within the Exclusive Economic Zone (EEZ) of the country.
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India and Belarus set a Trade Target of US$1 Billion by 2018
New Delhi: India and Belarus agreed to set a trade target of US$ 1 billion by the year 2018, during the meeting of India-Belarus Inter Governmental Commission at Minsk.
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  Preferential Treatment by India to Least Developed Countries (LDCs) in Trade in Services in the WTO
New Delhi: The Union Cabinet has given its approval for notification of Preferential Treatment by India to Least Developed Countries (LDCs) in Trade in Services in the WTO. Preferential treatment includes concessions such as waiver of visa fees for applicants for business and employee visas.
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GE takes IISc's biomass tech to US
Bengaluru:General Electric (GE) has planned to adopt the technology to generate electricity using biomass, designed by the Indian Institute of Science (IISc) for its power plants in the US.
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  E-tailing shows promise, to post 35% growth in 5 years
New Delhi: Indian e-commerce industry is expected to grow at a compound annual growth rate (CAGR) of 35 per cent to reach US$ 100 billion size in the next five years, according to a joint study by Assocham and PricewaterhouseCoopers.
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They Said It
"India is purely in the green category and gets an A or A+ of creating entrepreneurs"
Michael S Dell
Chairman and CEO
Dell Inc
 
Exclusive   Focus: Exports
Ladakh: Paradise Found
If you are looking for paradise, then surely Ladakh, nestled in the lap of Himalayas in the state of Jammu & Kashmir, has to be one of your top target destinations. This serene, intriguingly beautiful, mysterious and inviting region offers myriad attractions to a traveller.
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  Silk
With sericulture activities spread across 52,360 villages, the Indian silk industry is one of the largest generators of employment and foreign exchange for the country. India enjoys a unique global position in terms of production of all commercially useful varieties of silk. India is the second largest producer of silk and accounts for nearly 18% of global raw silk production.
 
Media: Blog
Media: Interview   Road ahead for e-commerce in India
Deepankar Biswas, CEO and Co-Founder, Offergrid shares his views on the road ahead for the ecommerce industry in India in an exclusive article for IBEF.

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