Economists' Pick - Highlight
22 July 2016
Launched by Hang Fung (Hong Kong) e-Commerce Ltd, Travelnomall pitches itself as a "Hong Kong-invested Hong Kong goods centre, operated by Hong Kong people”. Travelnomall has obtained certification from HKQAA, which provides professional certification and monitoring for the sale of goods, customer service, logistics and warehouse services. Caine Pan, Hang Fung’s Vice President, Business Development, tells HKTDC Research the features and operation model of Travelnomall.
India is a federal country with a strong central government, while states retain considerable autonomy in policy making. When considering production relocation or diversification to India, one must consider the comparative edge and cost variations of different states given their contrasting differences in economic and social development. This article selects five major industrial states for comparison, namely Gujarat, Maharashtra, Andhra Pradesh, Tamil Nadu and Karnataka.