Many western consumer firms operating in India have been successful at adapting to the country’s unique market challenges, which range from distinct consumer tastes and preferences to the logistical challenges of reaching a population that is still overwhelmingly rural.  Taxation and regulation have often been less pliable obstacles, as demonstrated by the deep resistance to

One of the items at the top of President Obama’s agenda in India this week is the long-delayed U.S.-India bilateral investment treaty (BIT).  Such a treaty was proposed by the President during his 2010 visit to India, but the proposal got little traction with the prior government.  It is likely to do better with the

Over three months have passed since Indian Prime Minister Narendra Modi’s visit to the United States, and the economic relationship between the United States and India continues to strengthen over time.  On December 3rd, the Modi government announced the creation of a panel to help fast-track investment proposals coming from the United States.  The panel

In the run-up to Prime Minister Modi’s election campaign last year, focus was placed on the fight against corruption and “black money” leaving India. Black money is cash that has not been declared or taxed and is usually held in tax havens, such as the British Virgin Islands, Switzerland and the Channel Islands. It is

Prime Minister Modi’s visit to the United States, set to start in New York on Friday, September 26th, is pregnant with expectation — though a number wonder if the Prime Minister’s PR machine is in overdrive.  The Prime Minister’s visit is not just hype; it will be both symbolic and substantive.  Modi’s message to the

Defense trade with India has long been the holy grail for the U.S. defense sector. With U.S. defense budgets declining and defense firms increasingly looking overseas to ramp up sales,  one would think that India  — a democracy in Asia with one of that largest militaries in the world in desperate need of modernization —

On Friday, May 16, 2014, Hindu nationalist Narendra Modi won the India election for Prime Minister in a landslide victory for the Bharatiya Janata party (BJP).  Modi has been swept into a vast, grand and complex political stadium that is India—the world’s largest democracy.  Over 800 million voters—150 million of whom voted for the first