Tag: SUPPLY CHAIN
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Danantara’s Investment Objectives Differ from INA’s, According to CIO
Danantara, the second sovereign wealth fund in Indonesia, led by CIO Pandu Sjahrir, is designed to complement INA without overlap. Managing $900 billion, it focuses on job creation and economic development, contrasting with INA’s $10 billion, which targets high-return investments. Danantara seeks to support the private sector and mitigate risks typical of venture capital, emphasizing…
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The Strategic Role of Hong Kong for Mainland Chinese Tech Firms
This article discusses the importance of Hong Kong for mainland Chinese tech companies. It highlights the city as a strategic testing ground due to its cultural similarities, robust infrastructure, and significant purchasing power. Hong Kong facilitates efficient market entry and product validation, making it an attractive choice for firms looking to expand internationally. The influx…
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Specialty Steel Companies Invest Rs 27,106 Crore Under PLI Scheme
Specialty steel companies have committed investments amounting to Rs 27,106 crore under the PLI scheme, with Rs 18,848 crore already realized by December 2024. The production reached 1.258 million tonnes, fostering self-reliance and reducing import dependency in specialty steel. This initiative aligns with the government’s ‘Make in India’ agenda and is pivotal for enhancing global…
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Chinese Firms Rely on Loans and Reserves for Expansion in India
Chinese companies in India, particularly Xiaomi and Haier, are increasingly funding their expansion via cash reserves and loans due to significant delays in securing government approval for equity from their parent firms. Regulatory changes necessitated by rising geopolitical tensions have made foreign investment more challenging, prompting these companies to self-finance and explore partnerships as alternative…
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Apple’s $1 Billion Investment: A Short-Lived Victory for Indonesia
Indonesia has secured a $1 billion investment commitment from Apple to lift a sales ban on iPhone 16s, but experts warn this may be a fleeting achievement. The country’s stringent domestic content requirements could alienate potential investors, especially as neighbors like Vietnam provide more favorable conditions. Despite the hype, Indonesia’s protectionist policies may hinder its…
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IndiaRF Announces ₹1,000 Crore Investment in Anthea Aromatics for Growth
IndiaRF plans to invest ₹1,000 crore in Anthea Aromatics for a controlling stake. The investment includes primary funding and secondary transactions. This marks IndiaRF’s first investment from its second fund and highlights Anthea’s strong export-driven business model in the specialty chemicals sector, which presents significant growth opportunities. The India Resurgence Fund (IndiaRF), a collaboration between…
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The Impact of Minimum Tax on Company Capital in Bangladesh
Entrepreneurs in Bangladesh are facing financial strain due to rigid minimum tax policies that do not consider profitability, exacerbated by political instability since July. The minimum tax ranges from 0.6% to 5% of turnover, with an additional 1% on export values. This has led to increased effective tax rates, burdensome financial impacts on companies, and…
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Surge in Luxury Sales as Affluent Indians Indulge
Sales of luxury brands such as Louis Vuitton, Christian Dior, and Hermes soared as affluent Indians increased their spending on high-end products, amassing ₹1,400 crore in sales for the fiscal year ending March 2024. Despite lower frequency of purchases, consumers are opting for more expensive items. Overall, the outlook for India’s luxury goods market remains…
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The Murugappa Group: A Prominent Investment Opportunity in South India
The Murugappa Group, often regarded as the ‘Tatas of the South,’ has a rich history of over a century, demonstrating robust governance and exceptional financial performance. The group operates in diverse sectors, maintains a substantial market capitalization, and exhibits a strong record of acquiring and turning around companies. Its commitment to philanthropy parallels that of…
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Aavishkaar Capital: Large-Scale Investment in Rural Startups for Economic Growth
Aavishkaar Capital plans to launch its largest fund ever, amounting to ₹1,500 crore, to invest in startups that create jobs in tier 2 and 3 cities. The firm emphasizes a dual approach of achieving social impact while ensuring commercial gains, with a focus on sustainable development in rural areas. Aavishkaar’s strategy includes capitalizing on rural…