Buzz in 2012

Introduction India and the Association of Southeast Asian Nations (ASEAN)[i] have concluded negotiations for a Free Trade Agreement (FTA) after years of difficult negotiations. This agreement will be signed into a treaty at the India-ASEAN Summit to be held in Bangkok on December 2008 and will come into force from January 1, 2009 if everything goes as planned. Expectations from the India-ASEAN FTA are high. The Joint Media Statement of the Six…

The automotive sector is one of the prime drivers of Indian economy. Economic liberalization policies adopted by government of India have primarily propelled India into the big league, with many global automotive players seeking to establish their operations in India. In fact in the last five years, India has turned into a big trade mart for the Automobile Industry, registering a growth rate of 15-27 percent.And interestingly, the rise of Indian…