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India Brand Equity Foundation

CXLVII

August 6, 2007

 

The Indian information technology industry crossed the US$ 50 billion mark during 2006-07, as per Dataquest's annual 'DQ Top 20' survey.

And, India's electronic equipment production will more than double to touch US$ 32 billion in 2011, compared with US$ 14 billion in 2006, according to Gartner.

Significantly, Indian talent is driving innovation in the global research and technology divisions of IT giants like IBM, HP, Microsoft, and Motorola.

This newsletter also concludes the special series, 'Liberalisation's Children' - and the unbridled resource advantage.


Jayant Bhuyan
CEO, India Brand Equity Foundation &
Deputy Director General, Confederation of Indian Industry
 
 

  POLICY WATCH
Fertiliser companies may get hub-tax sops manure
The government has been working on coining a new fertiliser investment policy that will throw in huge tax sops to attract investments for creating fertiliser capacities. [More]

FDI in SSI units may be freed from export strings
To boost foreign companies investing in sectors reserved for small scale units, the government plans to scrap the mandatory export obligation imposed on such investments. [More]

Government mulls raising FDI cap in PSU refineries
The Government is examining the option of raising the foreign direct investment (FDI) cap in public sector refineries from the existing 26 per cent. [More]


  PEOPLE
Pratibha sworn in as India's first woman President
A milestone was reached in India's history with Pratibha Patil being sworn in as the first woman President at a ceremony in Parliament. [More]

ISB dean on GMAC board
M Rammohan Rao, dean of the Indian School of Business (ISB), has been elected to the board of directors of the Graduate Management Admission Council (GMAC).[More]

India-born Stanford academic wins top ISA award
Krishna Saraswat, an India-born engineering professor at the Stanford University, has become the first recipient of the Techno Visionary award of the Indian Semiconductor Association (ISA). [More]


IBEF Newsletter

  ECONOMY AND ENTERPRISE
IT industry crosses US$ 50 billion mark in FY07
As per Dataquest's annual 'DQ Top 20' survey, the Indian IT industry recorded a 32 per cent growth in rupee terms. [More]

Electronic equipment output to touch US$ 32 billion
India's electronic equipment production will reach US$ 32 billion in 2011, against US$ 14 billion in 2006, a compound annual growth rate of 18 per cent, as per Gartner. [More]

Indian techies log in to elite global R&D
Indian technologists are making a name for themselves in the global research and technology divisions of IT giants like IBM, HP, Microsoft, and Motorola. [More]

Nasscom plans US$ 24.79 million innovation fund
Nasscom, the trade body of the IT software and services industry, has mooted an India Innovation Fund for start-ups to drive innovation in emerging technologies. [More]

Made in India - the ad story
Fast catching the fancy of Western countries - the US and Europe - Indian creative agencies are reaping rich benefits from the nascent US$ 37.23 million advertising outsourcing industry. [More]

India Inc high on fertilizer
India's fertiliser manufacturing capacity is poised to shoot up by 75 per cent, as top companies line up investments worth US$ 8.68 billion. [More]

India to become hub for sanitaryware
India could be a manufacturing hub for sanitaryware, with international brands like Roca, Kohler and H&R Johnson planning to expand their India operations. [More]

Reliance Power bags Sasan
The empowered group of ministers (EGoM) awarded the US$ 4.94 billion Sasan project - India's largest thermal power project - in Madhya Pradesh, to Reliance Power Limited. [More]

Telecom companies plan US$ 14.89 billion expansion
Indian telecom companies are investing over US$ 14.89 billion in 2007-08 to finance a massive expansion of their mobile networks, infrastructure and subscriber numbers. [More]

AV Birla Group pumps it up for research
The US$ 24 billion group will build intellectual property across its commodity businesses in metals, viscose staple fibre, cement and chemicals, besides high-tech areas like biotechnology. [More]

    SPECIAL
Liberalisation's Children
They can create and achieve far more than any other generation that has preceded them. They mirror the unbridled optimism that India is seeing. They are the children of opportunity and global aspirations.
[The three-part series]

 
QUOTE OF THE WEEK

 

 

Our relations with India are stronger than ever, bilateral trade is improving, an increasing number of Indian students are coming to the UK.

Gordon Brown
Prime Minister
Britain

 

 

 

    FACT OF THE WEEK
With 3.3 per cent of India's 31,17,843 households earning US$ 24,740 and above, Bangalore, the country's IT capital, ranks first in the rupee-millionaire club. [More]

 
    SUSTAINABLE DEVELOPMENT
Microfranchising: using markets, community to cure illness, poverty
The idea behind microfranchising is to train people in slums and villages to get small businesses up and running. [More]

GE's new credit card to relieve carbon footprints
GE Money Earth Rewards Platinum MasterCard allows cardholders to forgo a 1 per cent cash rebate on purchases to contribute for projects that reduce greenhouse gases. [More]





 
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