Search Result for : The Dollar Business Power Series Conclave

Sneha Gilada Demonetisation has created the need for a shift to digital transactions, its surprise element depriving cash of the security and confidence it once enjoyed as a legal tender. Fintech startups have drawn enormous benefits from the Centre's mission of less-cash India. One such startup is Paynear that offers a one-stop affordable solution for vendors who want to accept payments digitally. Dearth of POS manufacturers in India has led to Indian POS device sellers like Paynear importing the hardware from countries like China. The recent exemption in custom duties on these devices, until the end of March 2017, has led to pricing benefits and subsequent burgeoning of demand. But there are concerns regarding such a measure proving detrimental to 'Make in India', in the long run. Currently, India, with a deployment of only 15 lakh POS machines, ...

Ahmad Shariq Khan & Aamir H Kaki Keeping the ‘Make in India’ initiative in the backdrop, The Dollar Business has organised the Power Series Conclave 2016-17 on “Make in India and Make for the World” on August 24, in New Delhi, to understand specific challenges and opportunities for stakeholders of India’s export-manufacturing community in the present global economic scenario. Discussions and debates on a series of ongoing concerns and opportunities were held. The welcome note from Steven Philip Warner, President (VMPL) & Editor-in-Chief, The Dollar Business, set the tone for the event. In his address, he said, “Exports play a key role in the economic development of every nation and India is no different. In fact, India has emerged as a nation ...

Sheela Mamidenna On June 23rd, at around 3pm the 1st Edition of The Dollar Business Power Series Conclave concluded amidst much energy and enthusiasm. It was a meeting point for the best minds in the business and trade industry in India and the world to contemplate, deliberate and gather answers on “WHY MAKE’IN’G INDIA AN EXPORT MANUFACTURING SUPERPOWER IS THE NEED OF THE HOUR! Among the noted personalities invited to address the attendees, was Dr. Mahesh Bhalgat, Executive Director & COO, Shantha Biotechnics - A Sanofi Company. The Dollar Business correspondent had the opportunity to catch up with him and take his views on the future prospects of his company, the tough competition that pharma products withstand and the company’s transition ...

The Dollar Business Bureau   The recent changes in duty drawback rates and categorisation of handicraft products will help boost India’s handicrafts exports in the coming years, according to the Export Promotion Council for Handicrafts (EPCH). According to official sources, Indian handicrafts exports have grown steadily in the last few years, registering a y/y growth of around 15% to about $3.8 billion in FY2013-14. India’s exports of handicrafts are expected to grow to around $4.5 billion in FY2014-15.  Rakesh Kumar, Executive Director, Export Promotion Council for Handicrafts (EPCH) Overall, exports are expected to get a further boost due to the changes introduced by the government in the duty drawback rates. “This will encourage exporters to do better in the future ...