Text : T Murrali Partners for Trade Agreements have to be chosen carefully considering the potential for mutual trade and economic co-operation. Economic factors should be the basis for any decision on Free Trade Agreements (FTA). Decisions based on factors other than business and economics would be inequitable, benefiting only one partner. The FTA partners should be complementary and not[Read More…]
The much awaited Union Budget of the newly-elected government was tabled in the Parliament this morning. Though there was big bang announcement the Budget has attempted to address several issues including some raised by the auto industry. The major announcement is the increasing the FDI limit in insurance and defence from 26% to 49%. As the government has already announced[Read More…]
With the hope that the new government will adopt necessary measures to revive the automotive industry in the country, the Automotive Component Manufacturers Association (ACMA), the apex body for the Indian auto component industry, has identified and voiced its expectations to the Government from the upcoming Union Budget 2014. The auto industry has been facing one of the most challenging[Read More…]
