Amidst the on-going heated debate on expanding the scope of the pharmaceuticals and medical devices being subject to price control, the Department of Pharmaceuticals recently notified certain exemptions from the drug price control regime, which are likely to be an encouragement for new drug manufacturers especially, foreign manufacturers.
Read MoreIndia, a country endowed with ancient cultural heritage and natural beauty, has always been an attractive tourist destination and has great potential to become one of the leading tourism destinations in the world.
Read MoreThe Government of India, pursuant to the recent liberalisation of the food processing sector, has taken steps to encourage the increase in investment in the food processing sector. Apart from the various policy decisions taken by the Government, which have accelerated the investment in the sector, there are other demographic and economic factors such as the rapid rise of urbanisation, growth in income levels, change in food habits and the transformation towards a fast paced digital economy, which have also contributed to the growth.
Read MoreWith the rapidly expanding Indian pharmaceutical and healthcare sector over the years, the growth in demand for advanced and innovative medical devices seems to be a natural next step to meet the needs of the sector. The medical devices sector is one of the most promising business segments of mutual interest to India and the United States of America and it would come as no surprise that the trade relations between the two nations on this front will go deeper and stronger in the coming years.
Read MoreIndia is currently the world's second largest telecommunications market with a subscriber base of 1,206.22 million as of March 2018 India's mobile economy is growing rapidly and currently constitutes more than 98% of all telephone subscriptions. During 2007-2018, the telephone subscriber base grew at a CAGR of 17.44% and the revenues from the telecom equipment sector are expected to cross US$ 26.38 billion by 2020
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