ข่าวเศรษฐกิจประจำวันที่ 31 มกราคม 2554
NEW DELHI, January 31 – LIVEMINT – Japanese firms are seeking acquisitions in India at a time when deals are taking longer to close and the pipeline from developed markets is drying up. Since November, there has been a sharp increase in mergers and acquisitions (M&A) mandates for Indian investment banks from Japanese firms scouting for targets in sectors such as specialty chemicals, retail and consumer goods, healthcare and information technology. The appreciation of the yen in the last decade against the dollar and the depreciation of the rupee against both in the last one year have made India an attractive market. – LIVEMINT – Australia is bullish on trade prospects with India and is looking at renewable energy, automobiles, infrastructure, farm businesses and education to expand investments. Trade between the two nations is expected to touch $40 billion in three years. India mainly imports coal, gold, copper ore, lead, wool and farm products from Australia. India needs at least $1 trillion in the next five years to spruce up its infrastructure, which is slowing growth in one of the world’s fastest growing major economies. – LIVEMINT – Starbucks Corp. and its Indian joint venture (JV) partner Tata Global Beverages Ltd on Monday outlined plans for the formal entry of the global coffee chain into the world’s second fastest growing major economy, a full year after the partners signed a pact to explore the retail entry. The equal stake JV—Tata Starbucks Ltd—will launch 30-50 outlets in India in 2012 with an initial investment of $ 80 million to be split equally. The JV will own and operate the cafes, which will be branded “Starbucks Coffee—A Tata Alliance”, the companies said in a press release. The first retail outlets will be launched in Mumbai and Delhi, followed by other major cities. – BUSINESS STANDARD – Annual India-Thailand trade currently touches $7.5 billion, but with Yingluck proposing greater Thai investment in India — in the hotel industry, in the food-and-vegetable cold chain — chances are that both countries will double their target by 2015. Still, it was Yingluck’s offer to India to invest in an Italian-Thai joint venture that is seeking to build a world-class port and attendant infrastructure in the Dawei special industrial zone on Myanmar’s south-western coast, that has stirred the tea leaves in the region. Dawei’s geographical location — on the isthmus that separates the Andaman Sea from the Gulf of Thailand — is so much compelling that it has the potential to completely transform India’s relationship with Asean as well as East Asia. Officials say they hope the private sector will make use of India’s $500-million credit announced during Thein Sein’s visit to improve ties with Myanmar. With the Thais also building their share of the stretch from Myanmar, the trilateral highway between India, Myanmar and Thailand could soon put India’s neglected north-east in the heart of ASEAN’S action. – BUSINESS STANDARD – The Indian Hotels Company (IHCL), the Tata Group firm which runs the Taj Group of Hotels in the country, is planning to double its ‘Vivanta by Taj’ hotels to 50 from the current 23 hotels in the next 4 years. IHCL on Monday inaugurated Vivanta by Taj hotel at Begumpet. A five-star hospitality hotel positioned in the upper-upscale segment, the hotel was built with an investment of $ 30 million. The hotels would come up across India, including in Amritsar, Nagpur and Guwahati, and at popular holiday destinations like Goa, Kerala and Rajasthan.