Based on a census that it undertook, a report by India's central bank, the Reserve Bank of India, said, "Mauritius was the largest source of foreign direct investment (FDI) in India (21.8 percent share at market value) followed by the U.S.A., the U.K., Singapore and Japan, while Singapore (19.7 percent)...
10 ASEAN Leaders to Be Chief Guests at India's Republic Day Celebrations
The Association of Southeast Asian Nations, or ASEAN, was established in 1967 with Indonesia, Malaysia, Philippines, Singapore and Thailand as founding members. Later, Brunei Darussalam, Vietnam, Laos, Myanmar, and Cambodia joined the group making up what is today the ten member states of ASEAN. Its purpose is to accelerate economic growth,...
60 Global Food Brands to Set Up Outlets in India
More than 60 global food and beverage brands, including U.S.-based Planet Hollywood and pizza chain Little Caesar's, Singapore-based Sarpino's Pizzeria, Finland's Hesburger, and Dubai-based Ice Cream Lab are planning to enter India, investing an estimated $1 billion and opening as many as 5,000 outlets over the next five years. These...
India Overtakes U.S. to Become 2nd Largest Smartphone Market
According to Singapore-based research firm Canalys, with more than 40 million smartphones shipped to India in the third quarter of 2017, India surpassed the United States to become the second-largest smartphone market. Shipments in Q3 grew 23 percent year-over-year in India, putting it in second place right behind China. Samsung...
India's High-Yield Bonds Fuel Overseas Investor Interest
With investor limits for India's high return sovereign debt almost used up, overseas investors are looking to buy state notes. U.K. headquartered Aberdeen Standard Investments started buying the securities about three months ago and the investment now accounts for about one-fifth of its $312 million Indian bond fund. Bloomberg Quint...
U.S. Invests the Most in India's Startups
According to New York-based CB Insights, U.S.-based investors are the most active foreign participants in India’s start-up ecosystem over the past five years, making over 800 equity deals during the period. In the list of top five foreign investors in India’s technology ecosystem, U.K., with 1% of deals stood at...