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economy india Tagged Articles
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Foreign Investment in India
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| At present, India's GDP is USD 1.237 trillion, which makes it the twelfth-largest economy in the world at market exchange rates and fourth largest in purchasing power. In the late 2000s, India's economic growth has averaged at about 7.5% a year. A 2007 Goldman Sachs report has projected that "from 2007 to 2020, India's GDP per capita will quadruple, and the same will surpass the GDP of the United States of America before 2050." The country managed a reasonable economic growth of 6.1% during the first quarter of the current fiscal (2009) despite the global financial crisis. India's annual GDP growth is likely to accelerate to 7.2% in the next fiscal and further accelerate until reaching a pace of about 9% in the year 2012-2013. India is the seventh-largest country in terms of geographical area, the second-most populous country. |
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Other economy india Related Articles
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India Debt Collection Business – Scenario and Potential
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| The debt collection business is a relatively new concept in India. Like many modern tools, this business was also introduced to India by foreign businesses who came to India in horde in early 90’s and brought with them myriad modern tools, practices and systems. Like other sectors, banking also witnessed a large scale foreign firms setting up their operations in India. Retail consumer loans became an important product in the portfolio of the banking industry. Easy availability of credit also bought with it the problem of payment defaults, which eventually led to the emergence of debt collection agencies. |
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VISA provisions India
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| Foreign Nationals desirous of coming into India are required to possess a valid passport of their country and a valid Indian Visa.
There is no provision of 'Visa on Arrival' in India and no fee is charged for immigration facilities at the airports. Foreign passengers should ensure that they are in possession of valid Indian Visa before they start their journey to India except nationals of Nepal and Bhutan who do not require visa to enter India and nationals of Maldives who do not require visa for entry in India for a period up to 90 days (a separate Visa regime exists for diplomatic/official passport holders). |
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Food Franchising In India
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| An overview of the food franchising industry in India.Entrepreneurs/Companies in the f&B segment seeking to expand their business across india could understand the demography.With the North of India leading the way followed by West India and then South india and lastly, eastern india it is interesting to see how these franchisors are spread.With a market size of $72 Billion and growth expected to be around 20$, it is a important segment to watch.Also international franchisors these indicators could be encouraging.
Food, Education & Retail are leading the way to franchise expansions in India and other service concepts are catching up.Hence these are exciting times for franchisors,franchisees and franchise consultants and the entire franchise eco system. Franchise Development & Cohesive Expansion Sstrategy could get you started in india. |
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AILEEN CROWE NANDI, INTERVIEW, PRINCIPAL COMMERCIAL OFFICER (PCO) FOR SOUTH INDIA MS. AILEEN CROWE NANDI
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| We present an exclusive interview of Ms. Aileen Nandi, Principal Commercial Officer of the U.S. Commercial Service (USCS) in south India. The U.S. Commercial Service, an export promotion arm of the U.S. Department of Commerce, assists U.S. franchisors to export their franchise concepts to India. The USCS in India is present in 7 cities in India. |
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Shri Lakhsmi Cotsyn, Eco-Friendly, Organic Textile Franchise in process to open 500 franchise stores across India
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| Delivering the lecture at ``The India Investment Show-2009``, hosted by myiris.com, Rakesh Kumar Srivastava, company secretary & financial controller, Shri Lakhsmi Cotsyn (SLCL) said that it is in process of opening 500 franchise stores across India through its pan India distributor`s channel. SLCL has introduced India`s first eco-friendly organic textile brand `Weaves` for health conscious families. |
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Food franchising come of age in India: FICCI
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| Food franchising has come of age in India. Northern India boast of having 70% brands of 408 brand franchisors, Western India with 386 brands, Southern India with 250 brands and the Eastern India with 58 brands. Over 30% of new food outlets which are coming up in almost all the cities across the country are through franchise system, 17% share of food and beverages in the organized sector is operated by franchisors in the country. There are 1200 franchisors at present, out of which 150 are exclusively dealing in food and beverage retail 75% of which are of Indian origin and rest are international. |
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Gloria Jean’s eyes expansion, to open 100 coffee shops by 2013
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| Bangalore: Jan 29, 2010: Australian coffee company Gloria Jean's Coffees International is on an expansion spree in India. The company, which entered India in 2008 in association with Citymax Hospitality India, an arm of Dubai-based retail major Landmark Group, is targeting 100 outlets across the country by 2013. At present, Gloria Jean's Coffees has only nine outlets in the country. |
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Franchising and the Wellness Industry Opportunity
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| India is likely to have more than 2,000 spas by the end of 2010, up from just 200. The wellness industry is alive and kicking in India and nothing demonstrates this better than the hyper-activity in the spa business. |
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Credit Information Bureau India
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| Credit Information Bureau (India) Limited has been established to cater to the credit information requirement of the financial sector and serves as an effective mechanism for curbing the growth of Non-Performing Assets (NPAs). CIBIL's equity is held by State Bank of India, Housing Development Finance Corporation Limited, Dun & Bradstreet Information Services India Private Limited and Trans Union International Inc. The shareholding percentages are in the proportion of 40:40:10:10 respectively. |
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GordonMax, Creators of the World's Finest Diamond Simulants, expand their India Operations in 2011
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| New Delhi, Delhi, India, Wednesday, January 19, 2011 -- (Business Wire India)
GordonMax & Co. Pvt. Ltd., creators of the world's finest diamond simul jewelry ants, will be aggressively expanding their franchise and company-owned operations across India this year.
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