#fpi services in india

[samarthcapital]

How Can NRIs Invest in India With NRI Services?

Non-resident Indians (NRIs) hold a unique position in the Indian economy. They are not only a valuable source of foreign exchange, but also a potential force driving the country's growth story. Navigating investments in India can be a bit confusing for NRIs. Understanding where and how to invest amidst regulations, tax implications, and diverse options can feel tricky, which is why, NRIs willing to invest in India can rely on NRI services, which make investing easier as per the rules set by RBI and SEBI under the Foreign Exchange Management Act (FEMA).

Where Can NRIs Invest in India?

NRI services encompass a range of financial solutions tailored specifically for non-resident Indians seeking to invest, manage their wealth, and connect with their homeland. It is vital to understand where NRIs can invest in India.

Equities

NRIs can invest directly in Indian stocks through the Portfolio Investment Scheme (PIS) by the Reserve Bank of India (RBI).

Mutual Funds

Investing in Mutual Funds offers various choices like Equity, Balanced, Bond, and Liquid Funds. Unlike direct equities, NRIs investing in Mutual Funds do not require PIS permissions from RBI. However, some restrictions may apply to NRIs from the US and Canada due to reporting regulations.

Government Securities

NRIs can invest in government securities on NRE and NRO basis, each with different tax implications based on the type of investment.

Fixed Deposits

Investment opportunities in fixed deposits are available for NRIs through Banks or Non-Banking Financial Companies (NBFCs), each with its tax implications based on the NRE (Non-Resident External) or NRO (Non-Resident Ordinary) basis. NRIs can also invest in Foreign Currency Non-Resident (FCNR) fixed deposits.

Real Estate

NRIs can invest in real estate except for certain property types like agricultural land, farmland, or plantations.

National Pension Scheme (NPS)

NPS, a retirement savings plan, offers tax benefits. Contributions can be made from NRE or NRO accounts, but the pension must be received in India.

Portfolio Investment Scheme (PIS)

PIS allows NRIs to trade in shares and debentures through a designated bank account. It helps regulate NRI holdings in Indian companies, preventing breaches of set limits.

How Experts Simplify NRI Services?

Experts like Samarth Capital simplify the investment process by providing guidance, ensuring NRIs make informed decisions aligned with their goals. Here’s how they make investing easy for NRIs.

Helping open NRE / NRO savings and PIS bank accounts.

Setting up brokerage and demat accounts for trade.

Monitoring your portfolio regularly.

Engaging tax consultants for compliance.

Understanding Taxes and Rules

For NRIs, it's crucial to understand tax implications in India and their country of residence. Compliance with the Double Tax Avoidance Agreement (DTAA) and filing taxes in India if taxable income exceeds the exemption limit is important.

Wrapping Up

Investing in India as an NRI offers diverse opportunities. With guidance and a grasp of regulations, NRIs can navigate this landscape effectively and make the most of available avenues. Samarth Capital, not only facilitates NRI investments but also helps foreigners invest in India with FPI services. So, whether you're an NRI or a foreigner, investment in India isn't a far-fetched dream anymore.

[breakingnewsglobal]

Skyexchange Betting Scam: Chandrakar, Others Laundered ₹423 Cr In Stock Markets

His allegedly close associate and partner in the venture, Hari Shankar Tibrewal, is currently absconding.

An Enforcement Directorate (ED) investigation revealed that Saurabh Chandrakar had invested heavily in the betting website Skyexchange. His allegedly  close associate and partner in the venture, Hari Shankar Tibrewal, is currently absconding.

Tibrewal, recently identified as a key player of Mahadev betting app. Tibrewal  operated Skyexchange, and accused of laundering substantial funds earned from the Skyexchange betting site into the stock market through eight Indian companies.

These dummy companies, under the directorship of Tibrewal's close associate and Indian partner, Suraj Chokhani, allegedly diverted a staggering ₹423 crore (as of February 29) to stock portfolios on the instructions of Tibrewal.

The dummy company involved in laundering the Skyexchange betting money to the stock market is

1-M/S Ability Games Private Limited, with a present value of portfolio in stocks of  RS - 74,64,37,093. 2-M/S Brillinant Investment Consultants Private Limited  with a present value of portfolio in stocks of  RS - 45,80,74446.30 3-M/S  Discovery buildcon private Limited  with a present value of portfolio in stocks of  RS - 31,55,09,483.07 4-M/S Forest Vincom Private Limited  with a present value of portfolio in stocks of  RS - 41,58,40,033.85 5-M/S  Swarnabhoomi vanijya  Private Limited  with a present value of portfolio in stocks of  RS - 45,80,74446.30 6-M/S Dream Achievers  Consultancy Private Limited  with a present value of portfolio in stocks of  RS - 113,96,44,720.00 7-M/S Ability Smarttech Private Limited  with a present value of portfolio in stocks of  RS - 41,62,59,225.55 8-M/S Ability Ventures  Private Limited  with a present value of portfolio in stocks of  RS - 39,56,04,700.00 Together, these dummy companies Tibrewal account for a total investment of Rs. 423,60,42,389.11 in the stock market. The ED suspects that most of these investments were in small and mid-cap stocks.

Findings of further investigations Further investigation revealed that Tibrewal was involved in manipulating the stock market in collusion with these listed companies. Using his substantial capital, Tibrewal created temporary fluctuations in share prices, driving them upwards, and then withdrew funds once the prices reached a desirable level..  

The ED's probe also found evidence of cash earned from the betting business being injected into these companies, either directly or indirectly, to be invested in the stock market. An Excel sheet recovered during the ED search detailed how these companies converted the betting funds to bank entries using the services of professional entry operators. This was done to obtain bank balance in bank accounts, with transactions in the name of unlisted equity being undertaken with professional entry operators.

The entire operation orchestrated by Tibrewal was reportedly run by his close associate and arrested accused, Suraj Chokhani. Chokhani, appointed as a director in multiple companies under Tibrewal's direction, played a pivotal role in laundering the betting money.

Currently ED has identified and frozen Indian companies under the control of Tibrewal and his associates, holding securities worth Rs. 580 crore in stock portfolios. Foreign entities also invested in India via the FPI route and were found to be holding securities worth Rs. 606 crore in stock portfolios.

[foxnangelseo]

FPIs Infuse INR 7,200 Crore in Indian Equities in March 2023: A Sign of Confidence in the Indian Economy

Foreign portfolio investors (FPIs) have been making a significant investment in the Indian equity market this March. According to a report published by the Economic Times, FPIs have invested around Rs. 7,200 crores in the Indian stock market in March so far. This comes as good news for the Indian economy, which has been reeling under the impact of the COVID-19 pandemic.

The influx of foreign funds is a clear indication of the confidence that foreign investors have in the Indian economy. This investment is expected to boost the overall sentiment in the Indian equity market and drive up stock prices. However, before we delve deeper into the reasons for FPIs investing in Indian equities, it is essential to understand who FPIs are and how they operate.

Foreign portfolio investors (FPIs) are entities that invest in the securities market of a country outside of their own. In the Indian context, FPIs invest in the Indian equity and debt markets. FPIs are classified into three categories – Category I, Category II, and Category III. Category I includes entities such as sovereign wealth funds, central banks, and government agencies. Category II includes entities such as mutual funds, investment trusts, and banks. Category III includes all other investors not included in Category I and Category II.

Now, let us look at the reasons why FPIs are investing in Indian equities in March. One of the primary reasons is the impressive performance of the Indian economy in recent times. Despite the challenges posed by the pandemic, the Indian economy has shown remarkable resilience and has been on a steady growth trajectory. India is one of the fastest-growing economies in the world, and FPIs are keen to capitalize on this growth.

Another reason is the favorable policy environment in India. The Indian government has taken several steps to attract foreign investments and create a conducive business environment. The government has undertaken several structural reforms, including the introduction of the Goods and Services Tax (GST), the Insolvency and Bankruptcy Code (IBC), and the liberalization of foreign direct investment (FDI) rules. These reforms have made it easier for foreign investors to do business in India.

Moreover, the Indian equity market offers attractive valuations compared to other emerging markets. Valuations have been supported by strong earnings growth and a stable economic outlook. This, coupled with the fact that the Indian rupee has been relatively stable compared to other emerging market currencies, makes investing in Indian equities an attractive proposition.

Another reason why FPIs are investing in Indian equities is the expectation of a strong earnings season. Indian companies are expected to post strong earnings growth for the quarter ending March 2023. This is likely to boost investor sentiment and drive up stock prices. FPIs are keen to capitalize on this growth and are investing heavily in Indian equities.

In conclusion, the investment by FPIs in Indian equities in March 2023 is a clear indication of the confidence that foreign investors have in the Indian economy. The Indian economy has shown remarkable resilience in the face of the COVID-19 pandemic, and the government has taken several steps to create a conducive business environment. The attractive valuations of Indian equities, coupled with the expectation of a strong earnings season, have made investing in Indian equities an attractive proposition for FPIs. This investment is likely to boost overall sentiment in the Indian equity market and drive up stock prices.

Fox&Angel is an open strategy consulting ecosystem, put together by a top-line core team of industry experts, studded with illustrious success stories, learnings, and growth. Committed to curate bespoke business & strategy solutions for each of your challenges, we literally handpick consultants from across the globe and industries who fit the role best and help you on your path to success. 

This post was originally published on: Foxnangel

[samyutbc]

Foreign Portfolio Investors (FPI) Boost Holdings in Vertoz Advertising

According to data from ACEEquity, Vertoz Advertising witnessed a significant increase in Foreign Portfolio Investors (FPI) holdings during the March quarter of the fiscal year 2024. With the stock price at Rs 852.25 per share on April 29, 2024, FPIs showed confidence by increasing their stake by 14.82%. FPIs also boosted their stake in Prudent Corporate Advisory Services, Pricol, and Data Patterns (India) by 8.34%, 7.89%, and 7.82% respectively, in the March quarter.

For further trade insights: thebusinesscorridor

[theshillongtimes]

‘Resilience of Indian stock market forced foreign portfolio investors to turn buyers’

New Delhi, March 30: The resilience of the Indian stock market and the improving macros of the Indian economy forced the foreign portfolio investors (FPIs) to turn buyers in India, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

The distinct trend in FPI flows this year is the erratic nature of equity flows in contrast to the steady positive trend in debt inflows

[stockmarketknowledge]

How does the Indian stock market compare to other emerging markets.

The Indian stock market, represented primarily by the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), is one of the largest and most dynamic emerging markets in the world. Here's how it compares to other emerging markets:

Market Size: The Indian stock market is among the largest emerging markets globally in terms of market capitalization. It ranks consistently among the top emerging markets alongside countries like China, Brazil, Russia, and South Africa.

Economic Growth: India is one of the fastest-growing major economies globally, with a rapidly expanding middle class and a young demographic profile. This growth potential attracts investors looking for exposure to dynamic emerging market economies.

Regulatory Environment: India has made significant strides in improving its regulatory framework for the stock market. The Securities and Exchange Board of India (SEBI) regulates the Indian securities market and has implemented various reforms to enhance transparency, governance, and investor protection.

Foreign Investment: India has liberalized its policies to attract foreign investment into its stock market. Foreign institutional investors (FIIs) and foreign portfolio investors (FPIs) play a significant role in Indian equity markets, contributing to liquidity and market depth.

Volatility: Like many emerging markets, the Indian stock market can experience higher levels of volatility compared to developed markets. Factors such as geopolitical tensions, domestic policy changes, and global economic conditions can influence market movements.

Sector Composition: The Indian stock market has a diverse sector composition, with significant representation from sectors such as information technology, pharmaceuticals, financial services, consumer goods, and automotive. This diversity provides investors with exposure to a wide range of industries and investment opportunities.

Market Efficiency: While efforts have been made to improve market efficiency, the Indian stock market still faces challenges related to liquidity constraints, information asymmetry, and corporate governance issues in some cases. However, the market has shown improvements over time, particularly with the adoption of technology and regulatory reforms.

Currency Risk: As with other emerging markets, currency risk is a consideration for investors in the Indian stock market. Fluctuations in the Indian rupee can impact returns for foreign investors.

One of the best way to start studying the stock market to Join India’s best comunity classes Investing daddy invented by Dr. Vinay prakash tiwari��. The Governor of Rajasthan, the Honourable Sri Kalraj Mishra, presented Dr. Vinay Prakash Tiwari with an appreciation for creating the LTP Calculator.

LTP Calculator the best trading application in india.

You can also downloadLTP Calculator app by clicking on download button.

Overall, the Indian stock market offers significant growth potential and diversification opportunities for investors seeking exposure to emerging markets. However, investors should carefully evaluate the risks and opportunities associated with investing in India, considering factors such as market volatility, regulatory environment, and currency risk.

[brookston]

Holidays 10.14

Holidays

Allied Health Professional (AHPs) Day (UK)

Be Bald and Be Free Day

Chisinau Day (Moldova)

Chung Yeung Festival (Hong Kong)

Defender’s Day (Ukraine)

Feed the Birds Day

Global FPIES Awareness Day

International E-waste Day

International Prokupac Day

International Squalane Day

Liberation Day (a.k.a. Second Revolution Day; Yemen)

Mother’s Day (Belarus)

Mwalimu Julius Nyerere Day (Climax of the Uhuru Torch Race; Tanzania)

National Album Day (UK)

National Autobot Day

National Bookshop Day (UK)

National Bring Your Teddy Bear to School Day

National Dick Day

National Education Day (Poland)

National FRUMP Day (Frugal, Responsible, Unpretentious, and Mature Person)

National Home Fire Drill Day

National I Love You Day

National Life Teammates Day

national lowercase day

National Ryan Day

National Soccer Day

National Stop Bullying Day

National Thot Day

National Veronica Day

National Women in Franchising Appreciation Day

Nyerere Day (Tanzania)

Peace Corps Day

Preaching of the Lion Sermon Day

Quarrel Festival (Japan)

Ride A Bicycle Somewhere Day

Spider-Man Day (New York)

Svetitskovloba (Republic of Georgia)

Teachers’ Appreciation Day (Micronesia)

Turnip Day (French Republic)

Winnie-the-Pooh Day

World Cavity-Free Future Day

World Day of Organ Donation

World Day of the Seamstress

World Environmental Education Day

World Spirometry Day

World Standards Day

Youth Day (Zaire)

Food & Drink Celebrations

Chocolate-Covered Insects Day

Homebrewing Legalization Day

National Dessert Day [also 2nd Thursday in Oct.]

National Real Sugar Day

Shrimp Sandwich Day (Sweden)

Wine Day (South Korea)

2nd Saturday in October

African Penguin Awareness Day [2nd Saturday]

Fall Astronomy Day [2nd Saturday]

Global PT Day of Service [2nd Saturday]

Home Movie Day [2nd Saturday]

I Love Yarn Day [2nd Saturday]

International African Penguin Awareness Day [2nd Saturday]

International Newspaper Carrier Day [2nd Saturday]

International Pinotage Day [2nd Saturday]

Migratory Bird Day (Mexico) [2nd Saturday]

National Chess Day [2nd Saturday]

National Costume Swap Day [2nd Saturday]

National Curves Day [2nd Saturday]

National Family Bowling Day (a.k.a. Kids Bowl Free Day) [2nd Saturday]

National Motorcycle Ride Day [2nd Saturday]

National Thrive Outside Day [2nd Saturday]

Pinotage Day [2nd Saturday]

Universal Music Day [2nd Saturday]

World Hospice and Palliative Care Day [2nd Saturday]

World Migratory Bird Day [2nd Saturday]

World Porridge Day [Saturday of 1st Full Week]

World Squash Day [2nd Saturday]

Independence Days

Los Bay Petros (Declared; 2009) [unrecognized]

Oprett (Declared; 2016) [unrecognized]

Feast Days

Alesso Baldovinetti (Artology)

Angadrisma (Christian; Saint)

Bathukamma begins (Telangana, India)

Burckard, Bishop of Wurzburg (Christian; Saint)

Callixtus I, Pope (a.k.a. Callistus; Christian; Saint)

Day of the Cathedral of the Living Pillar (Georgian Orthodox Church)

Dominic Loricatus (Christian; Saint)

Donatan of Rheims (Christian; Saint)

Festival for the Penates (Ancient Roman gods of the Storeroom)

Fortunatus of Todi (Christian; Saint)

Grover (Muppetism)

Intercession of the Theotokos (Christian; Saint)

Joseph Schereschewsky (Episcopal Church (USA))

Judge Isaac Parker Day (Church of the SubGenius; Saint)

Mordgud’s Blot (Pagan)

Petca Paraskeva (Christian; Saint)

St. Thomas Aquinas (Positivist; Saint)

Try a New Beer Day (Pastafarian)

Vinternatsblot (Asatru)

World Food Day (Pastafarian)

Lucky & Unlucky Days

Sensho (先勝 Japan) [Good luck in the morning, bad luck in the afternoon.]

Umu Limnu (Evil Day; Babylonian Calendar; 47 of 60)

Premieres

The Accountant (Film; 2016)

The Accused (Film; 1988)

Alive II, by KISS (Album; 1977)

All Art is Propaganda George Orwell (Essays; 1941)

Atari 2600 (Video Game System; 1977)

The Big Year (Film; 2011)

Bootlegs, by Pearl Jam (Live Albums; 2000)

Cool Cat (WB LT Cartoon; 1967)

Elizabethtown (Film; 2005)

Farmyard Symphony (Disney Cartoon; 1938)

From the Earth to the Moon, by Jules Verne (Novel; 1865)

Girl Crazy (Broadway Musical; 1930)

A Good Man Is Hard To Find, by Flannery O'Connor (Short Story; 1953)

The Greener Yard (Disney Cartoon; 1949)

La Flora, by Marco da Gagliano and Jacopo Peri (Opera; 1628)

MAD TV (TV Series; 1995)

Max Steel (Film; 2016)

Mean Streets (Film; 1973)

Pulp Fiction (Film; 1994)

Rosaline (Film; 2022)

Send Me No Flowers (Film; 1964)

Shane, by Jack Schaefer (Novel; 1949)

She’s So Unusual, by Cyndi Lauper (Album; 1983)

Someday, We’ll Be Together, by The Supremes (Song; 1969)

Standing Stone, by Paul McCartney (Symphonic Poem; 1997)

Strawberry Girl, by Lois Lenski (Children’s Book; 1945)

The Temple of Gold, by William Goldman (Novel; 1957)

Till (Film; 2022)

Watching the Detectives, by Elvis Costello (Song; 1977)

White Christmas (Film; 1954)

Winnie-the-Pooh (Children’s Book; 1926)

Today’s Name Days

Burkhard, Kallixtus (Austria)

Pencho, Penka, Petka, Petko (Bułgaria)

Divna, Kalist, Krasna, Stanislav (Croatia)

Agáta (Czech Republic)

Calixus (Denmark)

Kai, Kaia, Kaidi, Kaie, Kaili, Kaisa (Estonia)

Elsa, Else, Elsi (Finland)

Céleste, Gwendoline, Juste (France)

Alan, Burkhard, Calixtus, Otilie (Germany)

Gervasios, Ignatios, Nazarios (Greece)

Helén (Hungary)

Callisto, Gaudenzo (Italy)

Minna, Vilhelmīne (Latvia)

Fortūnata, Kalikstas, Mindaugas, Rimvydė (Lithuania)

Kai, Kaia (Norway)

Alan, Bernard, Dominik, Dzierżymir, Fortunata, Kalikst, Kaliksta (Poland)

Parascheva (Romania)

Boris (Slovakia)

Calixto, Fortunata (Spain)

Manfred, Stellan (Sweden)

Gervais, Jervis (Ukraine)

Calista, Dwight, Fortino, Fortuna, Glennis, Glynnis (USA)

Today is Also…

Day of Year: Day 287 of 2024; 78 days remaining in the year

ISO: Day 6 of week 41 of 2023

Celtic Tree Calendar: Gort (Ivy) [Day 12 of 28]

Chinese: Month 8 (Xin-You), Day 30 (Yi-Si)

Chinese Year of the: Rabbit 4721 (until February 10, 2024)

Hebrew: 29 Tishri 5784

Islamic: 29 Rabi I 1445

J Cal: 17 Shù; Threesday [17 of 30]

Julian: 1 October 2023

Moon: 0%: New Moon

Positivist: 7 Descartes (11th Month) [St. Thomas Aquinas]

Runic Half Month: Wyn (Joy) [Day 3 of 15]

Season: Autumn (Day 21 of 89)

Zodiac: Libra (Day 21 of 30)

Calendar Changes

October (Julian Calendar) [Month 10 of 12]

[brookstonalmanac]

Holidays 10.14

Holidays

Allied Health Professional (AHPs) Day (UK)

Be Bald and Be Free Day

Chisinau Day (Moldova)

Chung Yeung Festival (Hong Kong)

Defender’s Day (Ukraine)

Feed the Birds Day

Global FPIES Awareness Day

International E-waste Day

International Prokupac Day

International Squalane Day

Liberation Day (a.k.a. Second Revolution Day; Yemen)

Mother’s Day (Belarus)

Mwalimu Julius Nyerere Day (Climax of the Uhuru Torch Race; Tanzania)

National Album Day (UK)

National Autobot Day

National Bookshop Day (UK)

National Bring Your Teddy Bear to School Day

National Dick Day

National Education Day (Poland)

National FRUMP Day (Frugal, Responsible, Unpretentious, and Mature Person)

National Home Fire Drill Day

National I Love You Day

National Life Teammates Day

national lowercase day

National Ryan Day

National Soccer Day

National Stop Bullying Day

National Thot Day

National Veronica Day

National Women in Franchising Appreciation Day

Nyerere Day (Tanzania)

Peace Corps Day

Preaching of the Lion Sermon Day

Quarrel Festival (Japan)

Ride A Bicycle Somewhere Day

Spider-Man Day (New York)

Svetitskovloba (Republic of Georgia)

Teachers’ Appreciation Day (Micronesia)

Turnip Day (French Republic)

Winnie-the-Pooh Day

World Cavity-Free Future Day

World Day of Organ Donation

World Day of the Seamstress

World Environmental Education Day

World Spirometry Day

World Standards Day

Youth Day (Zaire)

Food & Drink Celebrations

Chocolate-Covered Insects Day

Homebrewing Legalization Day

National Dessert Day [also 2nd Thursday in Oct.]

National Real Sugar Day

Shrimp Sandwich Day (Sweden)

Wine Day (South Korea)

2nd Saturday in October

African Penguin Awareness Day [2nd Saturday]

Fall Astronomy Day [2nd Saturday]

Global PT Day of Service [2nd Saturday]

Home Movie Day [2nd Saturday]

I Love Yarn Day [2nd Saturday]

International African Penguin Awareness Day [2nd Saturday]

International Newspaper Carrier Day [2nd Saturday]

International Pinotage Day [2nd Saturday]

Migratory Bird Day (Mexico) [2nd Saturday]

National Chess Day [2nd Saturday]

National Costume Swap Day [2nd Saturday]

National Curves Day [2nd Saturday]

National Family Bowling Day (a.k.a. Kids Bowl Free Day) [2nd Saturday]

National Motorcycle Ride Day [2nd Saturday]

National Thrive Outside Day [2nd Saturday]

Pinotage Day [2nd Saturday]

Universal Music Day [2nd Saturday]

World Hospice and Palliative Care Day [2nd Saturday]

World Migratory Bird Day [2nd Saturday]

World Porridge Day [Saturday of 1st Full Week]

World Squash Day [2nd Saturday]

Independence Days

Los Bay Petros (Declared; 2009) [unrecognized]

Oprett (Declared; 2016) [unrecognized]

Feast Days

Alesso Baldovinetti (Artology)

Angadrisma (Christian; Saint)

Bathukamma begins (Telangana, India)

Burckard, Bishop of Wurzburg (Christian; Saint)

Callixtus I, Pope (a.k.a. Callistus; Christian; Saint)

Day of the Cathedral of the Living Pillar (Georgian Orthodox Church)

Dominic Loricatus (Christian; Saint)

Donatan of Rheims (Christian; Saint)

Festival for the Penates (Ancient Roman gods of the Storeroom)

Fortunatus of Todi (Christian; Saint)

Grover (Muppetism)

Intercession of the Theotokos (Christian; Saint)

Joseph Schereschewsky (Episcopal Church (USA))

Judge Isaac Parker Day (Church of the SubGenius; Saint)

Mordgud’s Blot (Pagan)

Petca Paraskeva (Christian; Saint)

St. Thomas Aquinas (Positivist; Saint)

Try a New Beer Day (Pastafarian)

Vinternatsblot (Asatru)

World Food Day (Pastafarian)

Lucky & Unlucky Days

Sensho (先勝 Japan) [Good luck in the morning, bad luck in the afternoon.]

Umu Limnu (Evil Day; Babylonian Calendar; 47 of 60)

Premieres

The Accountant (Film; 2016)

The Accused (Film; 1988)

Alive II, by KISS (Album; 1977)

All Art is Propaganda George Orwell (Essays; 1941)

Atari 2600 (Video Game System; 1977)

The Big Year (Film; 2011)

Bootlegs, by Pearl Jam (Live Albums; 2000)

Cool Cat (WB LT Cartoon; 1967)

Elizabethtown (Film; 2005)

Farmyard Symphony (Disney Cartoon; 1938)

From the Earth to the Moon, by Jules Verne (Novel; 1865)

Girl Crazy (Broadway Musical; 1930)

A Good Man Is Hard To Find, by Flannery O'Connor (Short Story; 1953)

The Greener Yard (Disney Cartoon; 1949)

La Flora, by Marco da Gagliano and Jacopo Peri (Opera; 1628)

MAD TV (TV Series; 1995)

Max Steel (Film; 2016)

Mean Streets (Film; 1973)

Pulp Fiction (Film; 1994)

Rosaline (Film; 2022)

Send Me No Flowers (Film; 1964)

Shane, by Jack Schaefer (Novel; 1949)

She’s So Unusual, by Cyndi Lauper (Album; 1983)

Someday, We’ll Be Together, by The Supremes (Song; 1969)

Standing Stone, by Paul McCartney (Symphonic Poem; 1997)

Strawberry Girl, by Lois Lenski (Children’s Book; 1945)

The Temple of Gold, by William Goldman (Novel; 1957)

Till (Film; 2022)

Watching the Detectives, by Elvis Costello (Song; 1977)

White Christmas (Film; 1954)

Winnie-the-Pooh (Children’s Book; 1926)

Today’s Name Days

Burkhard, Kallixtus (Austria)

Pencho, Penka, Petka, Petko (Bułgaria)

Divna, Kalist, Krasna, Stanislav (Croatia)

Agáta (Czech Republic)

Calixus (Denmark)

Kai, Kaia, Kaidi, Kaie, Kaili, Kaisa (Estonia)

Elsa, Else, Elsi (Finland)

Céleste, Gwendoline, Juste (France)

Alan, Burkhard, Calixtus, Otilie (Germany)

Gervasios, Ignatios, Nazarios (Greece)

Helén (Hungary)

Callisto, Gaudenzo (Italy)

Minna, Vilhelmīne (Latvia)

Fortūnata, Kalikstas, Mindaugas, Rimvydė (Lithuania)

Kai, Kaia (Norway)

Alan, Bernard, Dominik, Dzierżymir, Fortunata, Kalikst, Kaliksta (Poland)

Parascheva (Romania)

Boris (Slovakia)

Calixto, Fortunata (Spain)

Manfred, Stellan (Sweden)

Gervais, Jervis (Ukraine)

Calista, Dwight, Fortino, Fortuna, Glennis, Glynnis (USA)

Today is Also…

Day of Year: Day 287 of 2024; 78 days remaining in the year

ISO: Day 6 of week 41 of 2023

Celtic Tree Calendar: Gort (Ivy) [Day 12 of 28]

Chinese: Month 8 (Xin-You), Day 30 (Yi-Si)

Chinese Year of the: Rabbit 4721 (until February 10, 2024)

Hebrew: 29 Tishri 5784

Islamic: 29 Rabi I 1445

J Cal: 17 Shù; Threesday [17 of 30]

Julian: 1 October 2023

Moon: 0%: New Moon

Positivist: 7 Descartes (11th Month) [St. Thomas Aquinas]

Runic Half Month: Wyn (Joy) [Day 3 of 15]

Season: Autumn (Day 21 of 89)

Zodiac: Libra (Day 21 of 30)

Calendar Changes

October (Julian Calendar) [Month 10 of 12]

[vyasmeghna]

Bank World of Privileges– Indian-owned Sentro Group buys majority stake in Russian Bank

For Immediate Release

Date    4th October 2023                                                                                                                    

A 29-year-old Russian bank founded in the post-Soviet Union era was recently acquired by an Indian Dr Naveen Rao, Chairman of the Sentro Group through his company Sentro Service LLC. registered in Russia

New Delhi, 4th October 2023— Sentro group announces successful acquisition of 50,001% shares of Russian Bank World of Privileges

Share in the bank is acquired to facilitate trade between India and Russia firstly supporting Our Prime Minister Narender Modi's vision to transact international trade through Indian rupees.

The new entity aims to facilitate the Rupee-Ruble trade and ease transactions between the two countries as trade and commerce grows with India becoming a preferred supplier of goods for Russia.

“Our vision is to support the ruble/ rupee payments for Russians visiting India and Indians traveling to Russia, using Indian and Russian settlement systems like UPI, RU pay card, Paytm, Bharat pay, and MIR in combination with our own technology. It will help individual payments for students studying in Russia and tourists visiting Goa and other parts of India. Indians will be able to settle their online payments through Indian payment settlement systems” said advisor to the chairman of the board Alexi Voronov.

“We wish to partner with Indian banks and other financial institutions for mutual NOSTRO/VOSTRO accounts, and similarly bank wants to expand its services through broker license, targeting retail investors from Russia to invest in the Indian market through FPI license and other legal methods. It will boost the Indian market and provide an opportunity for the best returns to Russians on their investments” said Dr. Naveen Rao, founder and chairman of Sentrogroup.

“Currently Bank is engaged in providing services to CIS country's nationals, providing the best rates and least commission on individual transfers.  Bank carries the vision to expand its reach in other countries including expansion in CIS, Saudi Arabia, and UAE, etc.” said chairman of Board Denis Kornilov.

Bank "World of Privileges" (limited liability company) is a commercial bank operating on the basis of the universal license of the Bank of Russia to conduct banking operations with funds in rubles and foreign currency (with the right to attract funds of individuals to deposits) without the right to carry out banking operations with precious metals №3224 dated June 15, 2022. The Bank provides a wide range of services and products for both customers and partners, including the provision of investment and financial services, as well as operations in the financial markets on its own behalf and at its own expense.

From 1994 to 2012, Bank WestLB Vostok (CJSC) was a subsidiary of the German commercial bank WestLB AG (WestLB). Dusseldorf, Germany).

On July 05, 2013, Bank "WestLB Vostok" (closed joint-stock company) was reorganized in the form of transformation into Bank "Expo Capital" (limited liability company).

On July 02, 2014, the name of Expo Capital Bank (Limited Liability Company) was changed to Savings and Credit Service Bank (Limited Liability Company), abbreviated name: SKS Bank (LLC).

On June 10, 2022, the name of the Bank "Savings and Credit Service" (limited liability company) was changed to Bank "Mir Privilegies" (limited liability company), abbreviated name: MP Bank (LLC).

  The Bank is a professional participant in the securities market and has licenses as a professional participant of the securities market:

License for dealer activities № 177-05424-010000, issued by the Bank of Russia on July 19, 2001. ;

Brokerage license № 045-14040-100000 was issued by the Bank of Russia on October 11, 2017. ;

License for depository activities № 045-14041-000100 issued by the Bank of Russia on October 11, 2017.

  The Bank is a participant in the system of compulsory deposit insurance (a certificate of inclusion of the Bank in the register of banks participating in the system of compulsory deposit insurance issued by the State Corporation Deposit Insurance Agency, participant number № 895, date of inclusion 08.09.2005).

  The bank will become a member of another self-regulatory organization for brokerage, dealership, and depository activities until 14.11.2023.

  The Bank is a member of the Association of Banks of Russia.

  The Bank successfully develops and implements its own unique software. One of the main developments of the Bank is the SKS Team application - a unique multifunctional sales application that allows you to issue banking, insurance, and financial products remotely anywhere in Russia. Cross-platform web application adapted for mobile devices (Compatmum Certificate, Instructions, and Software Cost). The application "SCS Team" is included in the Unified Register of Russian Software (registration number 15484 of 08.11.2022).

[streetinvestment]

Indices nudge higher, breadth strong.

Domestic equity indices were trading with minor gains in early trade. The Nifty traded above the 19,7500 level. Barring the Nifty Healthcare index, all the other sectoral indices on the NSE traded in the green.

The Indices barometer index, the S&P BSE Sensex, was up 211.14 points or 0.32% to 66,476.70. The Nifty 50 index shed 63.25 points or 0.32% to 19,790.30.

In the Indices broader market, the S&P BSE Mid-Cap index lost 0.53% while the S&P BSE Small-Cap index rose 0.65%.

The Indices market breadth was strong. On the BSE, 2,032 shares rose and 693 shares fell. A total of 112 shares were unchanged.

Foreign portfolio investors (FPIs) sold shares worth Rs 758.55 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 28.11 crore in the Indian equity market on 7 September, provisional data showed.

Stocks Indices in Spotlight:

LTIMindtree rose 0.01%. The company has launched two industry solutions, AdSpark and Smart Service Operations, to accelerate the time-to-market for businesses on the Salesforce platform.

Ashok Leyland added 0.80%. The company unveiled the Electric Light Commercial Vehicles from Switch Mobility - the IeV Series. The IeV Series is India's first electric commercial vehicles in its category and aims to provide efficient and eco-friendly solutions for last mile transportation needs.

Sterlite Technologies jumped 2.40%. The company has partnered with TruVista, a 125-year-old provider of broadband services and applications, to drive the growth and enhancement of South Carolina's rural connectivity infrastructure.

Numbers to Watch:

The yield on India's 10-year benchmark federal paper fell 0.03% to 7.171 from its previous close of 7.173.

In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 83.16, compared with its close of 83.23 during the previous trading session.

MCX Gold futures for 5 October 2023 settlement gained 0.23% to Rs 59,131.

The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.16% to 104.89.

The United States 10-year bond yield declined 0.83% to 4.229.

In the commodities market, Brent crude for November 2023 settlement lost 52 cents or 0.58% to $89.40 a barrel.

Global Markets:

Asian stocks are trading lower on Friday as Japan released revised second quarter gross domestic product figures. Hong Kong cancelled the morning trading session due to a storm warning. Japan's economy grew 4.8% in the second quarter on a quarter-on-quarter annualized basis, a smaller growth than the 6% seen in the preliminary estimates.

Overnight in the U.S., the Nasdaq Composite fell for a fourth session Thursday as concerns resurfaced over the Federal Reserve's interest rate policy path, and whether policymakers will enact another hike this year.

The likelihood that inflation numbers are going to remain stubbornly high for a while could mean more interest rate increases, former St. Louis Federal Reserve President James Bullard reportedly said.

[india7d]

Foreign Direct Investment (FDI) in India

Foreign Direct Investment (FDI) in India: Impact on the Economy and Benefits for MSMEs

Foreign Direct Investment (FDI) plays a vital role in the economic growth and development of a country like India. It involves investments made by foreign entities in the domestic economy, either to establish new businesses or to acquire significant ownership stakes in existing enterprises. India has been actively encouraging FDI inflows over the years through various policy reforms and liberalization measures. In this article, we will explore what FDI means for India, its impact on the overall economy, and how it benefits Micro, Small, and Medium Enterprises (MSMEs). Understanding Foreign Direct Investment (FDI) in India: Foreign Direct Investment refers to investments made by foreign individuals, companies, or entities in productive assets, such as businesses, factories, real estate, and infrastructure, within a country's borders. FDI is different from Foreign Portfolio Investment (FPI), where investors only buy financial assets like stocks and bonds without actively participating in the management of the underlying businesses. FDI in India can be classified into two types: Greenfield FDI: Involves setting up new businesses or facilities by foreign investors in India. This includes establishing new manufacturing plants, offices, and research and development centers. Brownfield FDI: Involves acquiring or taking over existing Indian companies or assets by foreign investors. This can be achieved through mergers, acquisitions, or purchasing a significant stake in an Indian company. Impact of FDI on the Indian Economy: Economic Growth: FDI inflows contribute significantly to India's economic growth by boosting investments, creating job opportunities, and promoting technological advancements. Foreign investments infuse capital into the country, leading to increased production and economic activities. Infrastructure Development: FDI helps in developing critical infrastructure, such as roads, ports, airports, and telecommunications. This leads to improved connectivity and logistics, which further attracts investments and spurs economic development. Technology Transfer: Foreign investors often bring advanced technologies, technical know-how, and best practices to India. This technology transfer helps in enhancing domestic capabilities and improving productivity and efficiency. Export Promotion: FDI encourages export-oriented manufacturing and services, as many foreign companies use their Indian operations as a base for catering to regional and global markets. This contributes to India's export growth and balance of payments. Employment Generation: FDI inflows create job opportunities across various sectors, benefiting both skilled and unskilled workers. This is especially crucial for addressing the issue of unemployment in the country. Increase in Foreign Exchange Reserves: FDI inflows lead to an increase in India's foreign exchange reserves, which strengthens the country's ability to manage external financial shocks and maintain stability in the foreign exchange market. Enhanced Competitiveness: The entry of foreign firms in India's markets stimulates competition, leading to better product offerings, improved services, and competitive pricing. This benefits Indian consumers and encourages domestic firms to enhance their competitiveness. Benefits of FDI for Micro, Small, and Medium Enterprises (MSMEs): Access to Capital: MSMEs often face challenges in accessing capital for expansion and modernization. FDI inflows can provide much-needed funds to these enterprises, allowing them to invest in technology, machinery, and infrastructure upgrades. Technology Upgradation: FDI brings advanced technologies and best practices to India. Collaborating with foreign firms or becoming part of their supply chain can help MSMEs acquire new skills and improve their production processes. Market Access: Partnering with foreign companies or being part of their value chain can give MSMEs access to international markets. This provides a significant growth opportunity for these enterprises to expand their customer base beyond domestic borders. Skill Development: FDI inflows often require a skilled workforce. As MSMEs engage with foreign investors, they may provide opportunities for skill development and training for their employees, enhancing their capabilities. Linkages and Networking: MSMEs can benefit from linkages with larger foreign companies through subcontracting, outsourcing, or joint ventures. This not only helps in gaining new business but also facilitates knowledge transfer and technology sharing. Improved Quality Standards: FDI-driven partnerships may require compliance with international quality standards and certifications. This encourages MSMEs to adopt better quality practices, making their products and services globally competitive. Encouragement of Innovation: Collaboration with foreign companies often fosters an environment of innovation and creativity. MSMEs can learn from their foreign partners and develop innovative products and solutions to meet market demands.

Government Initiatives to Attract FDI in India:

The Indian government has undertaken several initiatives to attract FDI inflows into the country. Some key measures include: Liberalization of FDI Policy: The government has gradually eased FDI norms, allowing more sectors to receive foreign investments through automatic routes or raising the permitted FDI limits. Sectoral Reforms: The government has undertaken sector-specific reforms to attract FDI in areas such as manufacturing, defense, infrastructure, retail, and e-commerce. Make in India: The Make in India initiative aims to promote India as a global manufacturing hub and encourages foreign companies to set up production facilities in the country. Start-up India: The Start-up India initiative focuses on creating an enabling environment for start-ups, including access to funding from foreign investors. Single Window Clearance: The government has established a single window clearance mechanism to expedite the approval process for FDI proposals. Conclusion: Foreign Direct Investment plays a crucial role in India's economic development by driving economic growth, enhancing infrastructure, and promoting technological advancements. FDI benefits various sectors, including MSMEs, by providing access to capital, technology, markets, and fostering innovation. The government's efforts to liberalize FDI policies and introduce initiatives like Make in India and Start-up India have been instrumental in attracting foreign investments into the country. However, it is essential to strike a balance between encouraging FDI and safeguarding national interests. Ensuring transparency, predictability, and investor-friendly policies will continue to be vital in attracting and retaining foreign investments in India's growing economy. As India strives to become a global investment destination, the role of FDI in promoting inclusive growth, generating employment, and fostering innovation will remain pivotal in shaping the country's economic future. Read the full article

[foxnangelseo]

Foreign Portfolio Investors in India: Insights into their Investment Trends and Outlook

Foreign portfolio investors (FPIs) have been steadily increasing their investments in Indian equity markets in recent months. In April 2023, FPIs infused Rs 11,630 crore in Indian equities, driven by reasonable valuations and the appreciation of the rupee. While the outlook for FPI flow remains volatile due to the tight monetary policy of the US Federal Reserve, the stability of the Indian economy and reasonable valuations may continue to attract FPIs to Indian equities.

In the first half of April, FPIs showed strong buying activity, indicating a renewed sense of optimism in the Indian equity market. However, this optimism was dampened in the third week of the month due to concerns about elevated interest rates and weak economic indicators in the US. Nevertheless, FPIs turned aggressive buyers once again in the last few days of April, and the inflow of foreign capital is likely to continue in the longer term.

Apart from equities, FPIs have also put in Rs 805 crore in the debt market during the period under review. As the rate hike stops, the money will start moving in from debt to equities to beat inflation. India is presenting a better opportunity among developed markets and other emerging markets.

The mid-April data on FPI inflows revealed that the financials, automobile components, and information technology sectors were particularly attractive to foreign investors. This highlights the increasing interest of FPIs in the Indian economy and the potential for sustained investment in India in these sectors.

India has been consistently attracting foreign direct investment (FDI) in recent years, driven by various factors such as political stability, economic reforms, and a growing consumer market. The Indian government has implemented several policies to encourage foreign investment in the country, such as easing restrictions on FDI in India in various sectors and simplifying procedures for setting up businesses.

In 2020-21, FPIs invested a record Rs 2.7 lakh crore in equities in India, indicating a strong investor sentiment towards the country. This was followed by a more challenging year in 2021-22, with FPIs pulling out a record Rs 1.4 lakh crore from Indian equities due to aggressive rate hikes by central banks globally. However, FPIs have been increasing their investments in India once again in 2023, demonstrating the resilience of the Indian economy and its attractiveness as an investment destination.

In addition to equity and debt markets, FDI has been flowing into India in various sectors such as manufacturing, services, and infrastructure. The government's focus on improving the ease of doing business and promoting the Make in India initiative has attracted significant FDI in India in the manufacturing sector. The services sector, particularly the technology industry, has also been a major recipient of FDI in India in recent years.

Overall, FPIs and FDI have been playing a significant role in the growth and development of the Indian economy. The sustained interest of foreign investors in Indian markets and the government's efforts to attract more investment bodes well for the country's future economic prospects.

This post was originally published on: Foxnangel

[news-venue]

Markets fire on all cylinders: Sensex, Nifty end at new closing highs

Rallying for the fifth straight session, the 30-share BSE Sensex jumped 274 points or 0.42 per cent to settle at its all-time closing high of 65,479.05.

MUMBAI: Equity benchmark indices Sensex and Nifty advanced further to settle at record highs for the fourth straight session on Tuesday, driven by unabated foreign fund inflows and largely bullish investor sentiments.

Besides, heavy buying in index majors Bajaj Finance, Bajaj Finserv, Infosys, HDFC Bank and TCS added to the optimism in the equity market.

Rallying for the fifth straight session, the 30-share BSE Sensex jumped 274 points or 0.42 per cent to settle at its all-time closing high of 65,479.05. During the day, the benchmark surged 467.92 points or 0.71 per cent to hit its lifetime intra-day peak of 65,672.97.

The NSE Nifty climbed 66.45 points or 0.34 per cent to end at a fresh record high of 19,389. During the day, it advanced 111.6 points or 0.57 per cent to hit its all-time intra-day peak of 19,434.15.

Bajaj Finance was the best performer in the Sensex chart, spurting 7.71 per cent, followed by Bajaj Finserv, Tech Mahindra, Sun Pharma, NTPC, Titan, Wipro, Tata Consultancy Services, Kotak Mahindra Bank, Infosys, State Bank of India and ITC.

On the other hand, Bharti Airtel, Axis Bank, Reliance Industries, IndusInd Bank, Tata Steel and UltraTech Cement were among the laggards.

In Asian markets, Shanghai and Hong Kong settled in the green while Seoul and Tokyo ended lower.

Equity markets in Europe were trading on a mixed note in the mid-session deals.

The US markets ended in positive territory on Monday.

Global oil benchmark Brent crude climbed 1.15 per cent to USD 75.51 a barrel.

Foreign Portfolio Investors (FPIs) bought equities worth Rs 1,995.92 crore on Monday, according to exchange data. FPIs pumped Rs 47,148 crore in the Indian equities in June, making it the highest inflow in 10 months.

[bdb-india]

Food and Beverage Sector in India | BDB India Private Limited

The food and beverage industry is among the fastest-growing sectors in India. It accounts for about 3 % of India’s GDP and around 2/3rd of the total retail market. It also employs more than 7.3 million people.

It is the fourth largest F&B market in the world (after the US, China and Japan), with an annual consumption of USD 403 billion in 2019. However, the organized F&B market in India is worth only USD 54 billion, accounting for only 13% of the country’s total F&B market. The organized F&B market in India is projected to grow by 250% over the next few years, to reach USD 135 billion in 2025.

India’s food processing sector is one of the largest in the world and its output is expected to reach USD 535 billion. by 2025-26. During the last five years ending 2019-20, Food Processing Industries (FPI) sector has been growing at an average annual growth rate of around 11.18 per cent. The sector constituted as much as 9.87 per cent of GVA in manufacturing in 2019-20 at 2011-12 prices. The shares of FPI in manufacturing and the growth in the GVA of FPI (GVA-FPI) may be seen below.

Market Composition

Indian F&B market can largely be classified as follows: 1. ‘In-the-kitchen’: This segment mainly comprises staples, spices & condiments and dairy products, and accounts for ~70% of the Indian F&B market. 2. ‘On-the-table’: Mainly include spreads and sauces, and account for 20% of the market. 3. ‘On-the-go’: Primarily include snacks and ready-to-eat products, and account for the remaining 10% market.

Segment Wise Landscape

The industry consists of 6 major sub-segments. Packaged foods followed by Cereals, Grains & Oilseeds are the highest contributors to the overall Gross Value Added (GVA) of the industry.

Consumer’s index

Consumer spending in India will return to growth in 2022 post the pandemic-led contraction, expanding by as much as 7 %. Total consumption is estimated to have grown by 7.0 per cent in 2021-22.

Major states with Food and beverage Industries

As per the Annual Survey Industries(2017-18) among the industry, the highest numbers of registered factories are located in ‘Andhra Pradesh’, which accounts for about 14.41%of the total registered factories in FPI sector industries followed by ‘Tamil Nadu’ (12.33%) and ‘Telangana’ (9.83%), Punjab (7.39%) and Maharashtra (6.87%).

Factors affecting food and beverage Industries

India holds the second-largest agricultural land in the world. It is the world’s largest producer of pulses and the second-largest producer of rice, wheat, sugarcane, and fruits and vegetables. It is also the world’s largest producer of milk and buffalo meat and the fifth-largest producer of poultry, all of which contribute to the growth of the food and beverage sector. Other factors include the availability of low-wage workers, favourable climate conditions, and well-connected transportation. Most importantly, India’s population, which accounts for 1.39 billion people, and the growing middle class. Around half of India’s population is under the age of 30. Family lifestyles have changed, and more people are eating out and experimenting with different foods. Working couples are increasingly consuming convenience foods. Consumers are becoming more sophisticated, and those who reside in the city place a larger value on branded items because they provide consistency.

Government Incentives

The Government of India is focused on improving competitiveness and reducing wastage in the Indian F&B sector, by attracting foreign investments and collaborations through various policy reforms and liberalizations, including the introduction of Goods and Services Tax (GST). The foreign direct investment (FDI) liberalization, whereby 100% FDI is now permitted for retail trading (including e-commerce) for food products manufactured and/or produced within the country, is expected to be the turning point in the Indian F&B story going forward

a) 100 % FDI permitted for food processing b) 100 % FDI under government approval route for trading, including the same through e-commerce, with respect to food products manufactured and/or produced in India.

F&B products are generally categorized under the fast-moving consumer goods (FMCG) sector. The Government of India has taken major initiatives to promote the FMCG sector in India.

Approved 100% FDI in the cash and carry segment and in single-brand retail, along with 51% FDI in multi-brand retail

GST is benefitting the FMCG industry as many of the FMCG products now come under the 18% tax bracket against the previous rate of 23–24%. Specifically, GST on food products is reduced to 0–5%

GST is expected to transform logistics in the FMCG sector into a modern and efficient model as all major corporations are remodelling their operations into larger logistics and warehousing

Drafted a new Consumer Protection Bill with special emphasis on setting up an extensive mechanism to ensure simple, speedy, accessible, affordable and timely delivery of justice to consumers

Allowed 100% FDI in the Food Processing industry in India, both under the automatic route as well as through the government approval route for retail trading, including through e-commerce, in respect of products manufactured and produced in India

Under PMKSY, The government has sanctioned 41 Mega Food Parks, 348 Cold Chain projects, 68 Agro-Processing Clusters,281proposals under Creation/Expansion of Food Processing & Preservation Capacities (CEFPPC), 61 Creation of Backward and forward Linkages Projects & 06 Operation Green projects across the country have been approved.

FDI in Food Processing Sector

The sector has witnessed an FDI equity inflow of USD 4.99 billion during the period from April 2014 to September 2021. The FDI equity inflow in the FPI sector from April to September 2021 was USD 410.62 million in comparison to USD 220.42 million in the corresponding period last year. FDI Inflows in Food Processing Sector (in USD million).

Key Foreign Investors (F&B Companies)

Some of the largest F&B companies in the world and retail chains have invested in the Indian F&B sector. Listed below are the key investors, based on their regions of origin: From North America: Amazon, Cargill, Coca-Cola, Del Monte, Hershey, Kellogg’s, Kraft, Mars, McCain (Canada), Pepsi, and Walmart From Europe: Danone (France), Ferrero (Italy), Metro Cash & Carry (Germany), Nestle (Switzerland), Perfetti (Italy),and Unilever (United Kingdom) From Japan: Kagom and Yakult

Key Players in India (F&B Companies)

Among the top companies in India are Amul, Godrej, Dabur, PepsiCo, Coca-Cola, Nestlé, Britannia, ITC, Parle, Cadbury India, Hindustan Unilever, and MTR Foods.

Current Scenario

The Government of India, through the Ministry of Food Processing Industries (MoFPI), is taking all necessary steps to promote investment in the Indian food processing industry. After the pandemic, people became more health conscious, and with it their preferences in terms of what they ate. Demand for ingredients and fragrances is increasing. There is an increasing demand for ready-made and ready-to-eat products. Organic products have become popular among people, and the impact of social media on our lives has made people make innovative food choices. Governments have become aggressive in making packaging labelling and information more intuitive for consumers. The government has also banned plastic, forcing fast-moving consumer goods companies to think differently about packaging solutions, resulting in eco-friendly packaging for food.

Key industry trends

Organic Food:

The organic food market is one of the fastest-growing markets in India. As health awareness grows, consumers are rapidly turning to healthier alternatives. Indian organic food market is estimated to reach from USD 753 million (2020) to USD 2285 million by 2026 with a CAGR of 21% (2021-2026).

Private Label:

Modern retail and e-commerce growth coupled with consumer demand for quality products at affordable prices. It has led brands like Reliance, Amazon and Flipkart to launch “private label” or “private label” not only in apparel and durables but also in food and groceries.

COVID-19isdriving growth in the private label food category due to demand for safely packaged food options and restrained household spending on food.

Industry estimates show that the Indian food and Beverage segment of Private Brands will grow at a CAGR of 30% over the next 5 years.

Ready-T0-Eat:

With busy lifestyles and high income at disposing of in middle and high-class income groups, a sizeable number of people working from home, the ready-to-eat market is estimated to grow from USD 402 million (2019) to USD 1,180million (2025) with a CAGR of 20% (2020-2025).

Frozen food:

The Indian frozen food market includes frozen meat products, snack foods, fruits, vegetables, fish, and other seafood. The growing e-commerce sector improved cold chain, and improved lifestyle is the main factors behind the phenomenal growth of this market. Frozen vegetables and snack foods account for 85% of this market. The frozen food market is estimated to grow from USD 1,243 million (2020) to USD 2,824 million (2025) at a CAGR of 18% (2021-25).

Other sectors in the F&B industry

Food delivery and E-commerce

Growing urbanization, growing population of the working class, internet, and smartphone usage, and lucrative offers and discounts by various food tech players such as Swiggy, Zomato, and Grofers have made the food-tech space grow by 35 times (in volume) during 2015- 20. The adoption of online grocery delivery has increased tremendously during the pandemic due to increased focus on health aspects and reliance on in-home cooking; geared more towards fresh food products. In addition to fixed menus served by food delivery apps (aggregators and kitchen services), consumers are also offered meal subscriptions and DIY meals that can be customized to meet their dietary requirements. Online grocery delivery has soared during the pandemic, as health issues and reliance on home-cooked meals have received increasing attention. Growth is more focused on fresh produce. Gross merchandise value (GMV) for fresh produce increased by 144% in the first half of 2020, while staple foods and FMCG increased by 85% and 62%, respectively. The online grocery delivery market is expected to grow more than 8 times over the next five years. The revenue in the food tech market is projected to grow with a 39% CAGR (2021-2025).In online grocery, the revenue is growing from USD 1,557 million (2020) to USD 12,919 million (2025) and online delivery grow from USD 3,176 million (2020) to USD 10,534 million (2025).

Food Retail Food and groceries are the largest segments of India’s retail sector, having an opportunity worth USD 570 billion and accounting for 66% of the country’s total retail spend. The organized grocery and food retail market will reach $60 billion by 2025. The market is expected to grow at a CAGR of 8%, supported by macroeconomic factors. Other sectors in the F&B industry © BDB India Private Limited Conventional categories such as staples and fresh produce combined account for about 80%of total food retail spending, but the emerging snack, confectionery, and packaged beverage categories are proliferating at a compound rate of 15%. Growing health and wellness awareness is expected to shape consumer preferences across all categories increasingly. Online grocery retail in India has seen a CAGR of over 50% and is projected to grow from USD 10 billion to USD 12 billion by 2025.

F&B Warehousing Industry

There is tremendous growth in F&B warehousing. Experts predict it will grow by more than USD 210 billion through 2025, progressing at a CAGR of approximately 15%during the forecast period. Despite this growth, productivity in the warehousing and shortage industry dropped by 7.6 % in 2021.

Five challenges faced by the F&B warehousing industry are :-

India’s Cold Chain logistics market

The Indian cold chain logistics market is expected to grow at a CAGR of over 14% during the forecast period 2020-2025. The demand for cold chains is driven by growth in sectors such as selling organizations. Retail, processed foods, pharmaceuticals, the growing shift to farming, and so on. Some of the market challenges are uneven distribution of cold storage capacity, lack of proper logistical support, and high capital investment needs. The Government of India is providing a lot of technological and financial support to promote the development of a cold chain for the horticultural and agricultural sectors. According to industry sources, the capital market is already fragmented with the presence of many smaller companies. Of all product categories, the dairy industry has the most developed cold chain in India. In terms of volume, more than half of the processing volume of traditional cold storage is for potatoes. Currently, there is a clear shift towards general-purpose hosting and value-added services that meet end-to-end needs. Under PMKSY, the government has sanctioned 348 Cold Chain projects.

Way Forward The Indian food processing industry holds tremendous growth potential and has gained further traction due to the pandemic. Going forward, India needs to recalibrate its strategy taking into account the opportunities created in both, domestic and export markets.

(a) Domestic demand The COVID-19 pandemic has led to an increased acceptance of processed foods. Rural areas and Tier 2/3 cities are expected to continue to drive demand for processed foods. The healthy food, snacks, and RTE segments are likely to drive demand. The Hotel/Restaurant/Cafe (HoReCa) segment will play an important role as it recovers from the aftermath of COVID-19.

E-commerce and direct-to-consumer (D2C) are replacing traditional retail as manufacturers redistribute supply chains after COVID-19 and reach consumers at their doorsteps. The industry should move towards an organized structure. The PM FME program was launched to formalize unorganized micro-agents in the agri-food industry. This will accelerate the planned transition from an unorganized to an organized structure. Regional companies and national manufacturers offering products that cater for regional tastes have enjoyed greater success. Players with a national footprint and offering a wider range of products are likely to be more sustainable while competing with the local and unorganized segment.

(b)Exports India’s exports of processed food products remain low and continue to be dominated by low- value-added products. Furthermore, industry experts say that Indian products are not competitive in terms of price and quality in the export market. In the post-Covid19 era, India can become the food hub of the world and increase its share of exports. There is considerable potential to improve India’s exports to the world’s top 10 food markets, especially given its limited presence. Key segments with export potential include meat and seafood and dairy products. The need to develop the ability to export large-scale, quality and profitable requires global certification to keep the industry competitive. The Government of India can assist exporters by negotiating Free Trade Agreements (FTAs), lowering Non-Tariff Barriers (NTBs), and accelerating the implementation of the Duty-Free Scheme for Export Products (RoDTEP).

(c) Processing capacity and quality infrastructure The opportunities in national and international markets in the post-Covid19 era require significant improvement in the processing capacity of the agri-food sector at all levels of the value chain. The government of India has launched several programs to encourage processing capacity in the meat & seafood, dairy, and F&V segments.

The Production Linked scheme (PLI) has the potential to encourage businesses in the agricultural sector to build processing capacity and meet demand in the face of growing challenges. The Food processing industry is gearing up for the challenge and is likely to see enhanced investment in product expansion and geographical expansion. There is huge potential for complementary industries such as food ingredients, food processing equipment, food logistics, and food packaging. To enhance competitiveness and meet hygiene needs at a scale, stakeholders, especially MSMEs, will need high-quality testing and certification infrastructure.

(d)Technology Technology applications across the entire value chain can help reduce waste, maintain quality and improve the shelf life of food products. In a price-sensitive market dominated by small and unorganized players, technology has taken a back seat. There is a direct need to increase cold storage capacity without the scalability of perishable products can be challenging.

The food processing equipment market is generally dominated by imports, which is expected to increase demand. With the right interventions, this could translate into an opportunity for domestic industry to match India’s mandate for Atmanirbharta or self-sufficiency. Digitized supply chains, smart warehousing, and Industry 4.0 logistics can help India reduce waste during storage and transportation. Smart supply chain management systems can help reduce the waste of perishables.

(e) Institutional structure A coordinated approach is the need of the hour for the development of all segments of the food processing industry taking into account opportunities in regional preference, exports, quality management systems and measures to enhance the competitiveness of Indian products. Inter-Ministerial Body led by MOFPI and participation from APEDA, MPEDA, and FSSAI supported by a Food Processing Council (consisting of Industry representatives) can prove to be a catalyst in the future industry development at the segment/ product level, tapping value-added exports and addressing issues and challenges– infrastructure bottlenecks, quality bottlenecks etc.

(f) Driving growth through innovation Food and food tech start-ups have achieved a CAGR of over 35% since 2014. Most of the startups are either in the agri-tech domain or food retail & service domain with very few in the middle layer of processing.

A thriving ecosystem for food processing start-ups is key to driving food innovation and driving industry growth. Innovative products focusing on health care, health, and nutrition will have great opportunities in the domestic market.

During and after the pandemic, many companies have innovated and launched new products that cater to traditional and new cuisines that cater to regional tastes. Some of the areas where start-ups can play a role in driving innovative solutions include product innovation, shelf life improvement solutions, smart supply chains, logistics, and warehousing. To succeed, startups will need industry support to generate enough demand for building scalable solutions.

 Above all information regarding Food and Beverage researched by BDB, they always do depth research about specific product or business and also they give solutions to clients  about market sales and growth. If you are looking for market research company to research market on your specific product then the BDB is Best Market Research Company in India.

BDB is India Private Limited is a business strategy consulting and market research company. Since 1989, BDB has been providing clients with solutions to expand their businesses in the Indian and international marketplace. Our services include comprehensive consulting & market research engagements to facilitate business expansion, new market entry, export / import, business diversification, direct marketing, facilitating business partnerships and partner identification.

ABOUT BDB

30+ Years Experience In-house Market Research Team with industry experience and hands on experience in carrying out filed investigations across all industry sectors

Customized Primary Research Direct Interactions and Interviews for each market research with stakeholders involved to get insights which are highly customized

Vast Industry Experience Across Industrial Consumables , Industrial Products and Equipments, for Oil & Gas, Energy, Refineries, Food & Beverages, Agriculture, Aerospace, Medical, General Engineering , Capital Equipment, Process Equipment, Systems, Automation, Instrumentation, various materials for chemicals – All these contributes 80% of the total business

Working with 24 Industry Associations Extensive networking and relations across Indian and Global Industrial Associations and Bodies, having conducted numerous local, glocal, and global studies

70%+ Repeat Business With our Excellent Research Deliverables and Insights for Business Growth, and with the ease of doing business with us – our well wishers have a huge loyalty with us

Massive Panel of experts & networking Our relations of last 30+ years have helped to build a big panel of experts across all major industry segments and across major economies as well and excellent networking with international association and trade bodes also.

Why BDB?

Transparent and collaborative approach ensuring blending of techno commercial aspects and market outlook effectively in every study. Primary Research – Interaction with key value chain stakeholders for doing research differentiates us from rest.

Every report for us is an actionable document for our clients to act upon therefore it would attempt to answer all questions on market size, addressable market, need gaps, product gaps and pain areas.

BDB ensures that every technical parameter driving selection and its related impact on overall market is well addressed by carrying out in-depth interactions with consultants, end users, suppliers and channel intermediaries.

Our techno commercial, technical outlook, understanding of Industry dynamics and networking with industry and association had been primary reasons for large multinational companies to hire us to carry  out market research in countries like Africa, Middle East, South East Asia, Far East (South Korea, Taiwan).

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FPIs invest Rs 43,838 crore in India in May

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