India, Singapore and France to Share High-Speed Subsea Cable
The SEA-ME-WE 6 (South East Asia-Middle East-Western Europe 6) submarine optical fiber cable, which will stretch 21,700 km and connect India to Singapore and France (Marseille), has moved forward in its implementation as Bharti Airtel has announced that they have landed the subsea cable in Chennai, which will boost connectivity
‘China Plus One’ Drives Japanese Firms Towards India
After the COVID-19 pandemic, Japanese companies are moving forward to adopt the ‘China Plus One’ plan and diversifying their manufacturing and supply chains to reduce dependence on China. For this, they plan to establish production facilities in alternative nations, with India being a major country. Deloitte Japan CEO (Chief Executive
$155M Tax Evasion Charge Shakes Auto Giant KIA
In the latest turn of events, KIA, the third-largest car manufacturing company in the world, is slammed with evading taxes worth $155 million by misclassifying imported components in India. However, the carmaker has denied any wrongdoing. But this is not the only case with KIA. Foreign companies in India have
India and China Will Resume Their Air Travel Services
In the recent geopolitical and economic changes in Asia, two economic powers, India and China, showed signs of improved relations. Nearly five years later, India and China resumed their air travel service and are working on resolving their differences over trade and economic issues. In a meeting on 27th Jan
China’s New Move to Sideline India’s Apple Boom
As the Make in India campaign strides in the Global landscape, China faces the burn of growth. According to the Economic Times, China appears to be attempting to hinder the growth of a key milestone in India’s domestic manufacturing journey: Apple production. As India’s electronics manufacturing sector has only recently
Top 10 Exporting Countries in Asia: Trillions in Trade
Asia, home to the fastest-growing economies in the world, also has some of the biggest exporting countries. Imports and exports are the backbone of every country’s economy. From the towering skyscrapers of Shanghai to the dynamic tech hubs of Bangalore and Seoul, Asia’s export economy is a story of relentless
India’s Exports Hit Historic $1 Billion Mark!
India, known for its mass consumption and export of tea, is making significant leaps and bounds in coffee exports. According to the data from the Centre for Monitoring Indian Economy (CMIE) the total exports of coffee in the FY 2025 upto November crossed the $1 Bn mark for the first
Fraud Capital of the World: India’s Unwanted Crown
In the recent PwC report based on 2,446 respondents, including 91 Indian companies across different sectors, India was flagged as the global leader in financial fraud. As per the report, more than 59% of businesses were exposed to financial crimes compared to the global average of 41%. The report further
Samsung Accuses Indian Regulator of Illegal Detentions!
Samsung has alleged that the Competition Commission of India (CCI) acted unlawfully by detaining its employees and seizing data during a raid linked to an antitrust probe involving Amazon and Walmart-owned Flipkart. The allegations are detailed in a legal filing submitted to the High Court in Chandigarh. The investigation stems
E-Commerce in Asia: Will it be the Next Big Thing in Asia?
Asia, with 58% of the world’s population, is one of the fastest-growing markets for E-commerce, and its growth trajectory doesn’t seem to slow down. In 2023, Statista reported that by 2025, E-commerce in Asia can account for almost 60% of global e-commerce sales. So, if you put two and two
