| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
| | |  |
|
|
|---|
|
| | | | Hon Hai Precision Industry Co. (Foxconn), Apple’s primary iPhone assembler, will invest US$1.5 billion in its Indian subsidiary to support ongoing expansion. According to media reports, the investment will fund new facilities and boost production capacity of Foxconn units in India. | | | | | Following the conclusion of the India–UK Free Trade Agreement on May 6, 2025, India’s luxury car market has returned to the spotlight. India remains committed to forging strategic trade deals to improve market access and reinforce its role in the global automotive supply chain. | | | | | India is strengthening its manufacturing appeal to global investors, according to an S&P Global report released on May 19, 2025. Titled India Forward: Transformative Perspectives, the study highlights how shifting global trade dynamics could support India's long-term industrial growth. | | | | | For the assessment year (AY) 2025–26, India's Income Tax Department has released seven Income Tax Return (ITR) forms. Key updates include enhanced capital gains reporting in form ITR-1 and ITR-4, in line with long term capital gains (LTCG) tax rule changes from the Union Budget 2024-25. | | | | | India’s Union Cabinet has approved a new semiconductor plant—a joint venture between HCL and Foxconn—near Jewar Airport in the YEIDA region. The facility will produce display driver chips for devices like smartphones, laptops, and cars, with a monthly capacity of 20,000 wafers. |
|
|
|---|
|
We hope you're enjoying this India Edition. To receive any of our other complimentary regional editions, including ASEAN, Vietnam, China, Middle East, or our Asia weekly round-up you can add or change subscriptions. Or newly subscribe a friend. |
|
|
|
|---|
|
COMPLIMENTARY BUSINESS RESOURCES: |  | | | | | An Introduction to Doing Business in Indonesia 2025 provides insights into market entry, tax, HR & payroll, and audit and compliance considerations. | | | | | This magazine explores the essentials of ERP systems, spotlights the growth of Vietnam’s ERP market fueled by SME adoption and governmental support, and examines tailored ERP solutions for manufacturers to tackle industry-specific challenges. | | |  |
|
|
|---|
|
Do you have any feedback? Our teams would love to hear from you! |
|
|
|
|---|
|
UPCOMING EVENTS FOR ASIA: | | | Webinar | Wednesday, May 28, 2025, | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China | | | | | Webinar | Thursday, June 12, 2025, | 3:00 PM AEST / 12:00 PM Vietnam | | | | | Webinar | Tuesday, May 27, 2025 | 3:00 PM JKT / 4:00 PM China / 9:00 AM CET |
|
|
|---|
|
|
| | ©1992-2025 All Rights Reserved. |
| For daily alerts, follow us on social |
| | | | | | | You've received it because you've subscribed to our newsletter. |
| | |
|
|
|---|
|
|
|
