The U.S. government's decision to raise visa application fees to $100,000 — up from the previous $2,000 – $5,000 range — is prompting companies to accelerate the relocation of high-value operations to India. This shift is expected to significantly boost the growth of Global Capability Centers (GCCs), which already number...
India’s $200 Billion Military Modernization: Balancing China Threat and Self-Sufficiency
India, already the world's largest weapons importer, plans to invest $200 billion over the next decade to transform and modernize its military. In his recent visit to Washington, Indian Prime Minister Narendra Modi signed India up to buy more U.S. defense equipment, including additional heavy armored vehicles, drones and fighter...
JPMorgan Upgrades India as Investment Opportunity
JPMorgan upgraded India's rating to 'overweight' from 'neutral' citing seasonal impact of elections to the Lok Sabha, India's Lower House of Parliament, and because of the country's strongest growth among emerging markets. According to BQ Prime, the rating agency has advised investors to use near-term correction/dip as an opportunity to...