With a burgeoning middle class the size of the entire U.S. population and a new and hopeful relationship with the U.S., India continues to show up on many business radar screens. That message is often mixed with stories about the lack of infrastructure and speed of business within India. What is the truth?
The Van Andel Global Trade Center at Grand Valley State University holds a half-day seminar on June 22, called "Doing Business in India," that is aimed at helping firms perform due diligence on this promising market. The program will focus heavily on importing, exporting, and foreign investment procedures and processes. Topics to be covered include a macro-environment update; industry highlights on automotive, food processing, office furniture, and light industrial; import and export processes, and foreign investment and tax implications.
The featured speaker is Sumit Kumar, a former Indian Customs deputy commissioner and undersecretary within the Ministry of Finance. He specializes in the taxation of international transactions, customs duty valuation, VAT, and related procedures. He also brings experience relative to corporate taxation, including the current policies and laws regarding taxation in India.
The seminar will be Thursday, June 22, 2006 in the DeVos Center of Grand Valley State University's Pew Grand Rapids Campus. The event begins at 7:30 a.m. with registration and continental breakfast. The program runs from 8-11:30 a.m. The fee is $225 for non-members and $125 for members. For more information, visit www.vagtc.org or call (616) 331-6811.
