Merchant Trading in India
/ Merchant Trading in India India is becoming a very popular manufacturing location for European companies due to its big talent pool of highly skilled workers, low costs, excellent knowledge of the latest technology and its strategic location. This not only makes India a great manufacturing location, but also a great hub to supply the […]
4 Key Sales Trends in India Amid Changing Business Landscape
/ 4 Key Sales Trends in India Amid Changing Business Landscape In the wake of the pandemic and a global economic slowdown, sales strategies across the globe have been undergoing constant evolution to cater to shifting customer preferences and market conditions. Salesforce, a leading enterprise software developer, conducted a comprehensive survey titled “The State of […]
Mandatory BIS Registration for Potable Water Bottles and Insulated Flasks in India
/ Mandatory BIS Registration for Potable Water Bottles and Insulated Flasks in India On the 5th and 14th of July 2023, the Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade of the Government of India published an order for mandatory certification of the following products with the Bureau of Indian […]
Authorized Capital vs. Paid-up Capital: Share Capital Requirements for Foreign Companies in India
/ Authorized Capital vs. Paid-up Capital: Share Capital Requirements for Foreign Companies in India Share capital represents the funds raised by a company through the issuance of shares. Companies need share capital for various purposes such as to fund their expansion, paying off debts, etc. Irrespective of the size of a company or the type […]
Streamlining Export Operations: Understanding the Merchant Exporter System in India
/ Streamlining Export Operations: Understanding the Merchant Exporter System in India In today’s interconnected global economy, efficient export processes are vital for foreign companies looking to expand their reach and tap into new markets. India, with its vast consumer base and diverse industries, offers immense opportunities for international exporters. To simplify export operations and address […]
Why Payroll Outsourcing is a Game-Changer for Foreign Companies in India?
/ Why Payroll Outsourcing is a Game-Changer for Foreign Companies in India? Managing payroll administration in a foreign jurisdiction can be a surprisingly difficult task, as each country has its unique laws and regulations about social security, taxes, and employee payrolls. As a foreign company operating in India, you may be struggling to keep up […]
BIS Update: Amendment to Lauric Acid Products in India’s Chemicals and Petrochemicals Sector
/ BIS Update: Amendment to Lauric Acid Products in India’s Chemicals and Petrochemicals Sector The Bureau of Indian Standards (BIS), the national standards body of India, recently made significant amendments to its Quality Control order pertaining to the chemicals and petrochemicals sector. Released on 24th April 2023, the update addresses explicitly the regulation of Lauric Acid […]
Thriving Amid Challenges: How to Sustain Your Indian Business Venture
/ Thriving Amid Challenges: How to Sustain Your Indian Business Venture? India, with its rapidly growing economy, vast consumer base and government initiatives to promote ease of doing business, has emerged as an attractive destination for foreign companies seeking lucrative business opportunities. With a population of over 1.4 billion people and a GDP growth rate […]
The Power of Organizational Resilience: Navigating Challenges and Thriving in Turbulent Times
/ The Power of Organizational Resilience: Navigating Challenges and Thriving in Turbulent Times In today’s fast-paced and unpredictable business landscape, organizations face a myriad of challenges. From economic downturns and technological disruptions to global pandemics and natural disasters, the ability to withstand and bounce back from adversity is essential for long-term success. This is where […]
Mandatory Compliance for Foreign companies selling Polyethylene Material Products in India
/ Mandatory Compliance for Foreign companies selling Polyethylene Material Products in India The Bureau of Indian Standards (BIS) recently issued an important update concerning polyethylene material for moulding and extrusion in India. This development has significant implications for European businesses, as India emerges as a key player in the global plastics industry. With its vast market potential and […]