Despite its immense potential, India’s manufacturing sector has been the underachiever in the country’s growth story. India did not follow the traditional pattern of manufacturing-driven growth seen in other emerging markets. Instead, India’s service sector was the main catalyst for growth. Now,…
Last month, I had the opportunity to meet 28 Heads of Asia-Pacific in our Senior Executive Round Table and discuss the key themes that will help multinational corporations decide on the right role India will play in their Asia-Pacific portfolios. With India’s…
The lack of detailed information regarding the implementation of India’s Goods and Services Tax (GST) is a source of concern for multinational corporations, and it limits their ability to prepare. Based on our analysis of available information, we believe that the GST…
India’s new Goods and Services Tax (GST) will significantly improve the country’s business environment. If GST is implemented effectively, it will have large-scale benefits for multinational companies at all stages of the supply chain, including procurement and sourcing, manufacturing, distribution,…
The Goods and Services Tax (GST) is India’s biggest indirect tax reform to date. The government expects that the GST will increase GDP growth by 1.5 to 2 percent and is extremely keen to meet the April 1, 2016 deadline. However, based on our…
Should US-based mid-market companies expand their emerging market footprints in this slower-growth environment? Can these smaller companies achieve profitable scale? At our very first Executive Roundtable for Mid-Market Multinationals on November 6th in Washington, D.C., representatives from this dynamic cohort…
Despite the cost of the Ebola outbreak currently ravaging West Africa (a potential $33 billion by the World Bank’s estimation) and growing concern over the continent’s growth prospects, Africa’s sovereign debt market is booming. According to the New York Times, investors…