South Korean multinational giant Samsung announced that it will be investing Rs 4,915 crore to double its manufacturing capacity for smart phones and refrigerators at its existing manufacturing facility in Noida (UP). This investment would create about 5,000 new jobs and the proposal of investment was recently approved by the Uttar Pradesh government under its Mega Policy.
The company said in a statement that it would spend. READ MORE
Franchise India has tied up with more than 50 global retailers who are planning to enter India within the next six months. Franchise India is a retail solutions provider in Asia and helps helped hundreds of investors in selecting the right franchise and get regulatory clearances. Many brands from US and Singapore market will enter the Indian arena and will open a total of 3000 stores.
Some of the brands that will enter the market soo. READ MORE
A joint venture between Tata group and UK based Tesco; Trent Hypermarket launched its first Star hypermarket store in Hyderabad. Star Hyper is spread over 22,000 square ft. and it has been set up in Hyderabad’s IT hub Gachibowli area. The retailer is planning to set up 200 stores in the next two to three years and currently has 45 stores across India. This expansion is planned for Mumbai, Pune, Hyderabad and Bengaluru.. READ MORE
In association with its franchise partner Headstart, Australian hair care brand Kevin Murphy has entered into the Indian market. Headstart International has more than two decades of experience in the industry and it has lead successful launches and distribution of a wide range of brands such as Jaguar, ColorpHlex, Kinetics, Supersilk, Essence etc.
Australian stylists, Nathan Gorman (Design Director and Head Master, Asi. READ MORE
One of the world's biggest bakery product manufacturing company, Grupo Bimbo headquartered in Mexico city has entered into the Indian market with the acquisition of a controlling stake of about 65 per cent in India’s bread and bakery products maker, Harvest Gold.
“This acquisition represents Grupo Bimbo’s entry to the Indian market, strengthening its presence in emerging markets, in line with its vision. The res. READ MORE
As a part of Prime Minister four nation tours, Narendra Modi touched base in Spain's capital city Madrid on 30th May with the point of boosting India's economic engagement and to reinforce the bilateral ties between India and Spain. Both the nations have signed seven agreements across multiple sectors. The agreements were inked after Narendra Modi, Prime Minister of India held wide ranging chats with Mr. Mariano Rajoy, Prime Minis. READ MORE
Ezon Energy Solutions, Coimbatore based startup has established a joint venture with LLC to setup 1,000 MW of solar power generation projects in the country. The joint venture will be named as Arcor Ezon and is expected to invest 1 billion dollars in setting up the power units in southern India and Gujarat.
"The joint venture is putting in 1 billion dollars in India. The ratio is confidential," said Hiten Shah, vice-ch. READ MORE
Goldman Sachs, the US based investment banking firm is planning to invest about 1 billion dollars in India throughout the following three to four years through its private equity business. The private value arm of US investment banking firm Goldman Sachs is in the last phase of finalizing two platform investment deals in India. “We are currently in the final stages of reviewing two more platform deals, one in the financial ser. READ MORE
Gurgaon based logistics services startup Delhivery has received 30 million dollars (about Rs 200 crore) from Chinese conglomerate Fosun International which will help the company to expand its services to sectors beyond e-commerce. Fosun’s investment was part of a round in which Delhivery raised 100 million dollars (655 crore) from private equity firm Carlyle Group and existing investor Tiger Global in February.
The investment i. READ MORE
India became the ninth biggest market in the world as the stock market capitalisation crossed 2 trillion dollars because of persistent buying by both local and offshore investors. In terms of emerging market also India is at the second number after China.
The increase in stock prices has pushed up India's M-cap (market capitalization) to GDP ratio, a tool used by equity strategists to assess the relative valuation of th. READ MORE
The UK based Lyca Group is all set to enter the mobile virtual network operator market by launching its mobile service in India. They are planning to invest about 250 million pounds in India soon, including investments into its healthcare and other business plans.
“We are applying for the license and expecting to launch the business in India before the end of this year. The company would be looking at offering value added. READ MORE
International Finance Corp. (IFC), the investment unit of World Bank Group is planning to invest 125 million dollars in two financial services companies of the Mahindra Group. IFC will invest 100 million dollars in Mahindra & Mahindra Financial Services Ltd (MMFSL), the non-banking financial company (NBFC) run by Mahindra group and another 25 million dollars in Mahindra Rural Housing Finance Ltd (MMFSL) through a subscription of non . READ MORE
Canada Pension Plan Investment Board (CPPIB) plans to invest 1.2 billion dollars in a joint venture with Everstone Group’s industrial and logistics real estate development platform, IndoSpace. In the joint venture, the Canadian pension fund will initially commit $500 million (Rs 3,200 crore) and get a majority stake.
IndoSpace and CPPIB will set up a joint venture called IndoSpace Core that will focus . READ MORE
The US based fast food chain Uno Pizzeria & Grill has tied up with the Kolkata-based Dhanukas of the Dhunseri Group to enter the Indian market. Uno Pizzeria and Grill is best known for its thick-crusted Chicago style pizza. Initially the Dhanukas will invest Rs 30 crore in the project.
The group has signed a franchise agreement with the food chain to open about 70 outlets across the country over the next seven years. E. READ MORE
The Naspers owned global payments company, PayU has invested 120 million dollars in Germany based online lender, Kreditech. This is the biggest ever value interest in a German firm. The deal will see Kreditech entering India and working with PayU India on launching its product in the nation.
The German company was founded in 2012 and so far rose funding from investors like JC Flowers, Varde, Blumberg Capital, HPE, Peter Thiel, . READ MORE
India is a massive sales growth opportunity for Apple. The US tech giant, Apple’s CEO Tim Cook said that the 4G roll out in India is the fastest he has ever seen in the world and it will help Apple to grow in India soon.
Cook said, “The 4G network investment really began rolling in a significant way toward the last quarter of last year. But they are moving fast. They’re moving at a speed that I have not seen in. READ MORE
World Bank’s investment arm International Finance Corp. is planning to invest 200 million dollars in HDFC through five year non convertible debentures (NCDs) or masala bonds. Masala bonds refer to rupee-denominated bonds issued outside India. Recently, IFC said it also plans to invest up to $40 million in housing finance firm Aavas Financiers Ltd.
“HDFC has additionally committed to allocate up to Rs42 billion ($600 . READ MORE
Amazon India has become the country’s most popular marketplace. The US based e-commerce giant, Amazon will keep on investing in the Indian market so as to strengthen its technology and infrastructure.
Jeff Bezos, the founder and CEO of Amazon, claimed that the company has become the market leader in India’s $15 billion online retail market, after the firm reported quarterly numbers that blew past market expectations. Amaz. READ MORE
American multinational private equity firm, Kohlberg Kravis Roberts & Co Ltd (KKR) has agreed to invest Rs 200 crore ($31 million) in real estate firm Signature Global, India for the development of affordable housing projects.
KKR is planning to invest two housing projects of Signature Global situated in Gurgaon. The projects would be developed under the Haryana government's affordable housing policy. READ MORE
US based, PepsiCo has entered into India's budding dairy market with the launch of its ‘Oats + Milk’ beverage under its Quaker Oats brand and has plans to launch more nutrition based products in future. The company said the new Oats plus Milk product aims to target the breakfast nutrition market. Over the next few weeks, the product will be launched in 17 cities all across the country.
Deepika Warrier, Vice-President,. READ MORE
Spanish fashion brand Zara is planning to open larger store of 30,000-50,000 sqft across country. Recently, the brand opened a store in Fort area of Mumbai. It is also the company’s largest store in India, covering five floors and a total of 51,300 sq ft. Its older stores have an average size of 20,000 sq ft.
“Globally we are not opening many stores. We are opening larger stores. This is somewhat you can expect in In. READ MORE
The Owners of Nokia and BlackBerry are going to invest Rs200 crore each to re-enter the Indian smartphone market trying to capture a significant share in the Indian market.
Finland based, HMD Global, which has the Nokia brand licence, will launch its re-designed Nokia 3310 mobile phone by May-end. Further to this, the company is also planning to launch its three smartphone models. HMD will manufacture Nokia's upcoming . READ MORE
South Korea’s Kia Motors, a unit of automobile firm Hyundai Motor Co is expanding into India, one of the fastest growing markets in the world. Kia Motors signed a memorandum of understating (MoU) with the Andhra government for setting up a automobile manufacturing facility at Erramanchi in Anantapur district, 150 kms from Bengaluru. The work is likely to start by October and production is expected to begin by July 2019.
The MoU. READ MORE
Sotheby’s International Realty, a luxury real estate brand established by the UK’s Sotheby’s Auction wants to grow its presence in India. It has signed a 25-year agreement with Realpro Realty Solutions Private Limited in order to expand its business. The primary office as a major aspect of the extension for India is being set up in Mumbai soon which will be trailed by Bengaluru, Goa, Chennai, Pune, and Kolkata.
&ldq. READ MORE
The US and UK based, world’s biggest non-profit crowd-funding platform, GlobalGiving is entering the Indian market through a partnership with Mumbai’s Impact Guru, a crowd-funding platform for NGOs.
This affiliation will allow Indian NGOs and social firms to offer tax benefits to international donors in US and UK, particularly NRIs, when they donate towards social causes using GlobalGiving’s technology on . READ MORE
The latest revision in tax agreement between India and Cyprus will provide a boost to investment flows. Cyprus will increase its investments in India’s fast growing economy after the deadlock over a revised tax treaty was resolved. Earlier India had blacklisted Cyprus as a non-cooperative country in 2013 for not sharing tax information.
“Following the Double Tax Avoidance Treaty that the two countries entered i. READ MORE
Swedish fashion retailer Hennes & Mauritz (H&M) plans to open about 20 stores in India by December 2017. As of now, the Swedish retailer has 15 stores spread across nine cities. It is opening the 16th and first store in Hyderabad and will occupy two floors spread over 33,000 sq ft.
The long-term plan of H&M for India is to grow to 50 stores. The company plans to invest 100 million in India in the first five years. . READ MORE
India has jumped one spot to rank number 8 in this year's A.T Kearney FDI (Foreign Direct Investment) Confidence Index. For the second time in a row, India appears in the top 10. In 2016 version of this index, India ranked at 9th position. USA has topped AT Kearney Foreign Direct Investment (FDI) Confidence Index for the fifth year in a line. The other countries who made it to the top five are Germany, China, United Kingdom and Canad. READ MORE
World's largest retailer Walmart considers India as a key growth market besides China. The company is planning to assign capital in order to expand business profitably in these markets.
"In order to grow our business profitably, we-'re making strategic choices to simplify our portfolio and be more focused. For example, we've sold non-core assets like shopping malls in Chile and Suburbia clothing chain in Mexico.. READ MORE
South Korean multinational electronics company, LG Electronics Inc, is planning to make India as its export hub. Currently the company is exploring global markets to increase exports from India.
Ki Wan Kim, Managing Director, LG Electronics India stated that the tension prevailing between South Korea and China is one of the main reasons for the company to look at making India an export hub.
LG already has its two manufactur. READ MORE
BMW Motorrad, the motorcycle brand of the German company BMW, has officially entered the Indian market. Until now, they were operating in India with importers that had stores in Mumbai and New Delhi but now, they have officially began their operations in India. Initially, they will be set up their outlets in Ahmedabad, Bangalore, Mumbai and Pune.
BMW Motorrad is currently in the procedure of setting up the team and dea. READ MORE
The UK based, Morris Lubricants is entering into Indian market through its fully owned Indian subsidiary Paterson Lubricants India. The firm has chosen George Oakes, part of the Amalgamation Group, as the marketing and distribution partner in India. The organization already has two manufacturing offices in UK with a total capability of producing 50 million liters a year.
Andrew Wilkins, director, Paterson Enterprises, UK said, &. READ MORE
Suzuki Motor Corporation, Denso Corporation and Toshiba Corporation will set up a joint venture company for the production of automotive lithium-ion battery packs in India. Suzuki will hold 50 percent stake in the joint venture company, Toshiba and Denso will own 40 percent & 10 percent respectively.
The joint venture company will be established this year and will start manufacture soon afterward. The three companies said i. READ MORE
India’s economy is the fastest growing across the globe and continues to march along a robust growth path. India stands as a good destination for the investors around the world. At present, the Indian economy boasts a stable annual growth rate, blooming capital markets, and rising foreign exchange reserves. Reasons why you should go for India in terms of investment -
1.One o. READ MORE
San Francisco-based, one of the world’s biggest cab aggregator company Uber is all in position to enter food delivery market of India with UberEats in the second quarter of this year. The service will be launched in six cities (Bengaluru, Hyderabad, Pune, Mumbai, Chennai and Gurugram) by the end of the year.
The company is currently in the process of gearing up. UberEats will work in India as a separate operation and the . READ MORE
E-commerce giant Amazon is set to enter the digital payments market in India. Last year Amazon had applied for a wallet license and now it has received Reserve Bank of India (RBI) approval to run a Pre-Paid Instrument (PPI), or its own digital wallet. The license has been issued on March 22 and is valid for five years. Amazon has now become one of the 84 companies that the Reserve Bank of India permits to operate payment licenses.
Sr. READ MORE
India and Georgia chose to start chats on a free-trade agreement (FTA).Both the countries are investigating the alternative to negotiate a comprehensive free trade agreement to advance two-sided monetary ties. In the past, India has already officially executed such agreements with a few nations including Singapore, South Korea and Japan.
Nirmala Sitharaman, commerce and industry minister and Giorgi Gakharia, minister of Economy and S. READ MORE
Lloyd’s of London, the UK insurance market, has opened an Indian office and became the first foreign re-insurer to enter the Indian market as it opened a branch in Mumbai. They inaugurated its Mumbai office in the presence of UK chancellor Philip Hammond and Lloyd's Chairman John Nelson.
Lloyd’s has begun its operations in India with MS Amlin as the first Lloyd’s business to join the branch. Shank. READ MORE
India and UK discussed the possibility of a new trade pact as Britain looks forward to its exit from the 27-nation European Union. Britain would lose access to the markets of the EU's other 27 nations if the two sides cannot reach to anagreement within a twoyear limit.
“We have made the decision that we will not be part of the structure of the European Union, but we've also made it very clear that we want to neg. READ MORE
E-commerce giant Amazon today declared setting up of seven new distribution centers otherwise known as Fulfillment Centers in India, a move that has made 1,200 new employments. These FCs will provide large appliances and furniture like air conditioners, air coolers, refrigerators, washing machines and TVs.
“We have seen phenomenal growth in the Large Appliances & Furniture categories and expect huge customer demand fo. READ MORE
India is probably going to become more influential and powerful in Asia-Pacific in next five years and the quantity of cross-border exchanges including Indian organizations is additionally set to increment, according to a report.
Report by worldwide law office Baker McKenzie and Merger showcase, 90 percent of 150 Asia Pacific based business pioneers believe that Indian economic influence in the region would become stronger within the. READ MORE
Facebook owned messaging app, WhatsApp is preparing to enter India’s digital payments industry. It can soon introduce a payments function in India, a first for a global messaging service. Facebook decided to buy WhatsApp for $19 billion in 2014.
Facebook has added payment function to its Messenger app in US. In India, messenger is far less popular so they decided to add this feature in WhatsApp instead of messenger.&. READ MORE
With people showing more interest and attention towards marketing efforts done by companies, marketing leaders are now more pressured to have a better understanding of their budding market, customers, and competitors. As a result, many companies are considering outsourcing Market Research.
Market Research is vital for companies to know more about their target customers’ wants and needs. The research can provide the companies wi. READ MORE
Chinese e-commerce company, Alibaba is slowly yet progressively gaining a grip in India. Last year, it had opened its first office in Mumbai. Now it is further deepening its push into India and has expanded its presence to Bengaluru. The Chinese firm has started working out of an office space in India's Silicon Valley, Bengaluru.
Alibaba has signed a deal with CoWrks that is owned by RMZ, which is one of the largest commerc. READ MORE
Chinese electronics company Xiaomi entered India in July 2014 and has already invested hundreds of millions of dollars in the country. After entering India, the company opened its first plant in August 2015.
Xiaomi is set to nearly triple the number of jobs it has created in India by 2020. At the Economic Times Global Business Summit 2017, Xiaomi's founder Lei Jun said India was one of the important markets for the company a. READ MORE
India has managed to outperform countries like China, Ireland, Philippines, and Mexico and emerged as the top outsourcing destination. Recent change in government policies, fast-developing infrastructure, and an enormously talented people are responsible for the marvellous growth in Indian outsourcing companies. Over the India has came out as one of the few outsourcing locations that propose numerous advantages that allow organizations to work. READ MORE
India will be the third largest consumer market by 2025 with the nominal year-over-year expenditure growth at 12 per cent and consumption expenses will increase three times to 4 trillion said the report, released by the Boston Consulting Group's (BCG) Centre for Customer Insight (CCI).
This growth will be influenced by emerging cities with populations of less than 1 million. These cities will be the fastest growing and will shape. READ MORE
British multinational retailer, M&S opened its first store in India in 2001 and signed its joint venture with Reliance in 2008. The company owns 51 percent of a joint venture in India with Reliance, one of country’s largest retailers.
Marks & Spencer is stepping up its expansion in the country after seeing strong growth across India. Majority of M&S stores are located in the malls, but it recently opened five pilot . READ MORE
The Swedish company and world's largest furniture retailer IKEA plans to open around 25 stores in nine cities by 2025. The cities will be Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Pune and Surat. After Hyderabad first in line will be Mumbai. IKEA has already acquired land at Hyderabad and begun construction of its store.
In 2007, IKEA considered opening stores but rules and regulations at that time di. READ MORE
After years of opposing any foreign investment in multi-brand retail, the Indian government will likely ease foreign direct investment (FDI) rules for several sectors if they agree to sell more locally produced goods. The government has been slowly liberalizing the FDI for the last two years to attract foreign capital to the country. The government last year relaxed FDI standards in many sectors, including defense, civil aviation, construction. READ MORE
A pioneer in healthcare technology, Health Care Software, Inc. (HCS) has delivered healthcare information technology to providers since 1969.
HCS Interactant, is an integrated platform of clinical and financial modules that answers regulatory and functional requirements enterprise-wide and exceeds the needs of facilities across the spectrum of care. It has headquartered in Helsinki, Finland.
The company has joi. READ MORE
9Apps a China-based Alibaba Group, is entering the Indian market and it is partnering with game publisher Gameloft to distribute its most popular games in India.
9Apps is a mobile application distribution platform, and a third-party Android applications and games shop. It allows Android users to download apps and games without logging in the app store. It was founded in December 2013. 9Apps covers users from around 100 . READ MORE
9Apps a China-based Alibaba Group, is entering the Indian market and it is partnering with game publisher Gameloft to distribute its most popular games in India.
9Apps is a mobile application distribution platform, and a third-party Android applications and games shop. It allows Android users to download apps and games without logging in the app store. It was founded in December 2013. 9Apps covers users from around 100 . READ MORE
After introducing Amazon Prime in India that offers the users to have guaranteed one to two-day delivery at no additional cost which became a major success in the country, Amazon is ready to launch Amazon Prime Video that will offer an Internet video on demand service developed and operated by Amazon.com It offers television shows and films for rental or purchase and as part of Amazon's Prime subscription. It will. READ MORE
A french based company enters the Indian market with 2 acquisitions, MegaBite Food Services and CRCL.
Elior Group is one of largest operator in contracted food industry. It is entering into the Indian market with the acquisitions of MegaBite Food Services and CRCL. Elior India will serve 135 thousand meals per day with help of over 4 thousand employees.
The Group is founded by. READ MORE
Rosneft, the Russian oil giant, is expected to join BP and Shell into India’s fuel retail market having acquired a stake in Essar Oil, a news report said.
Russian fund UCP and European trader Trafigura will enter into the deal alongside Rosneft, as reported by Reuters, citing unidentified sources close to the deal.
This $12 billion deal will see Rosneft sweeping a 49% stake for themselves while, Trafigura and UCP taking u. READ MORE
Blackstone Group, world’s largest private equity manager has forayed into India’s retailing space by having set up Nexus malls, a full owned subsidiary. The company is looking at owning and managing shopping centres in the country with their main focus at extracting the full potential of the underperforming malls in Asia’s third largest economy.
On a global scale, the company owns more than 1000 malls across Asia Paci. READ MORE
The US-based home cleaning solutions and floor care company, Bissell has announced their entry into the Indian market. Trade Bazaar Hometech Ventures have been appointed as the company’s exclusive distributors in India. The range of vacuum cleaners launched have been priced between Rs 1,590 to Rs 30,000.
Yusuf Hakim, the Asia-Pacific head of Bissell International LLC, said “The Indian market presents a huge opportunity for . READ MORE
Blaupunkt, the Germany based consumer lifestyle and technology brand, has announced its plans to enter into the Indian mobile accessories market. The company’s future plans involves the introduction of smart watches, smartphones and phablets in Indian and the SAARC markets such as Bhutan, Afghanistan, Bangladesh, Maldives, Sri Lanka, Pakistan and Nepal. The brand is being launched via an exclusive licensing agreement won by New Delh. READ MORE
Geistlich Pharma AG, a Swiss medical products firm has said that two of its globally patented products that are used for dental regeneration will now be available all over India.
The products -- Geistlich Bio-Gide and Geistlich Bio-Oss -- are considered to be the gold standards of the regenerative materials. This is due to the fact that they are the most researched and studied biological materials available all around the world.<. READ MORE
Kenny Rogers Roaster, a US-based chain of restaurants, is now entering the Indian market with its first flagship restaurant soon opening in the Gardens Galleria Mall, Noida. The restaurant is known all over the world for its chicken based delicacies.
Kenny Rogers Roaster, commonly known as KKR, is brought to the country by Troika Hospitality India LLP which in India, received the master franchisee from Berjaya Group, Malaysia. The rest. READ MORE
The global CEO of PSA Group, Carlos Tavares, during the 2016 Paris Motor Show, revealed the company’s plan of entering India’s car Market by 2016 with an official partnership while it will start manufacturing cars in India by 2021.
PSA Group is a French automotive group which owns Peugeot, Citroën and DS Automobiles. Carlos also admitted that the company sees a lot of potential in India and is hoping to soon finalize a. READ MORE
This month, the LA-based fashion brand -Vismaya, will be foraying into the Indian market with their collection of stoles, scarves and shawls through an online portal.
The company was established by the brother-sister combo of Yatin Narula and Shivani Mehrotra. Vismaya is already a popular name amongst the people of Europe, Japan and North America. The company has also had the experience of working with some of the big players of the fa. READ MORE
French luxury lifestyle brand, Longchamp, is an internationally renowned fashion brand with over 300 exclusive stores across the globe and retailing from around another 1500 points of sale. Longchamp, having recently set up their store in New Delhi’s DLF Emporio, has become a new comer in India’s fast evolving luxury market.
DOIT Retail Brands has the honour of being the master franchisee for the company in India. The found. READ MORE
Girard equipment, Inc, a US based equipment manufacturing company is widely known for the manufacturing of Pressure Relief Vents and Magnetic Vacuum Breakers. The company’s products are available in a large number of countries across the globe. A newly-formed relationship between Amfico Agencies Private Limited and Girard Equipment has now made it possible to get Girard’s vacuum breakers and pressure relief vents in India.
Even after the government’s so called single-brand retail move in 2012 for the foreign investments; that allows the foreign brands to own their own stores in the country, the brands continue to opt for the local franchise and distributors’ route to do business.
Out of the total 28 apparel and accessories brands that have entered the Indian market ever since a 100% FDI (Foreign Direct Investment) was allowed in the country, . READ MORE
Secure Connection, peripherals, consumer electronics and accessories distributor in India, recently broke the news of the launch of Honeywell Electronic Essentials range in India, including products like- car chargers, surge protectors, cables, and adapters with a vision for smart connectivity in the world of electronic devices.
At the launch, expressing his delight, Mohit Anand, CEO, Secure Connections, said, “We aspire to be th. READ MORE
World’s top naturally carbonated water brand- Perrier, will soon be available in India. Hindustan Liquids Pvt. Ltd. have the honour of being its official distributor in the country. The brand will be made available in the major Metro cities like Hyderabad, Mumbai, Chennai, New Delhi, Bangalore and Goa.
The initial launching phase of the brand in the country will be supported by its brand ambassadors along with the channel activat. READ MORE
India, with the second highest population in the world, has all sorts of skill sets to offer to today’s ever-growing corporate world. From, data analysis to market research; transcription to tech support, the immense Indian workforce has it all. Perhaps, it is because of these salient qualities, this largely diverse country has to offer, that India has now become a leader in the international offshore market.
Formally, offshoring. READ MORE
The Frankfurt based, Tritone Flowtech Group, which used to be a subsidiary of a flow tech system specialist and Trelleborg Automotive has set up a manufacturing plant on Indian soil. The facility is located in Chakan, near Pune, India.
The plant was inaugurated in the presence of some of the biggest names associated with the company, including, Guenter Froelich (CEO and President, Tristone Flowtech Group); Volker Butz (CFO, Tristone Fl. READ MORE
Kiko Milano, the Italian cosmetic brand has finally entered the Indian market this week. The brand aims at opening around 45 stores across the country over the next 3 years. Percassi Group-Company, having collaborated with the DLF Brands to improve its retail, is also planning to boost their sales via the e-commerce medium.
According to what Mark Koprowski, the Director of Percassi Group International has told the media, the company is. READ MORE
The world's biggest furniture retailer, IKEA is set to enter the Indian market with their first official store in Hyderabad. The store will cover an area of around 4 lakh sqft and is expected to be ready by the autumn of 2017. Around 7500 home furnishing products will be featured in this huge store.
The store will also consist of a supervised children’s playing area for the visiting people and a special day care service . READ MORE
A major International property consultancy, JLL India, recently unveiled its latest study on the Indian retail real estate sector. This research report was released by the firm’s chairman and country head, Anuj Puri at the Retail Real Estate India 2016 CXO Meet & conference in Mumbai.
The report, entitled, ’Winds of Change, gives a clear Indian outlook on JLL’s recent global report, ‘Destinati. READ MORE
Indian government’s strategy of opening up foreign investments up to 100% in retailing, processing and marketing food in India has attracted the attention of a number of food brands from the UK, Italy and Brazil.
Union food processing minister, Harsimrat Kaur Badal stressed on this by saying , ”I have had very positive meetings with all the big food retail brands in U.K. —Tesco, Sainsburys, Waitrose, Marks and Spencer. READ MORE
South Korean cosmetic & beauty brand, The Face Shop, which has dominated their native market for over 10 years now is set to take the Indian market by storm. The company already has successful operations in over 30 countries, including, Australia, Canada, China, USA, etc and will now be available in India.
Ms. Diane Lee, the company’s spokesperson expressed her joy of finally reaching their most wanted market for cosme. READ MORE
Super Plastronics, a Kodak brand license partner in India, is foraying into the LED television segment under the Kodak brand, selling them through leading e-commerce marketplaces such as Amazon, Flipkart and Shopclues. The company will initially roll out five models in 32-50 inches screen size, including smart television models.
Kodak, is an American technology company that concentrates on imaging products, with its historic basis on p. READ MORE
US based 75F announced its foray into the Indian market. 75F, a building automation system that leverages Internet of Things to make commercial buildings more energy efficient, among others, also introduced ‘Dynamic Airflow Balancing’ technology to the Indian market.
Gaurav Burman, VP and Country President 75F India said that “The R&D centre in Bengaluru has been functioning from 2014. So far, it has been ser. READ MORE
Japanese tyre major Bridgestone Corporation announced foray into Indian two-wheeler tyre segment.
The Bridgestone Corporation is a multinational auto and truck parts manufacturer founded in 1931 by Shojiro Ishibashi in the city of Kurume, Fukuoka, Japan. The name Bridgestone comes from a calque translation and transposition of ishibashi, meaning "stone bridge" in Japanese. Company was founded in 1 January 1931.
Compan. READ MORE
HeyBnb, a company operating in the short stay accommodation space, today officially announced its entry into India (with a key presence in cities like New Delhi, Bengaluru, Goa and Kochi).
HeyBnb (HeyBednBreakfast) is a global company in the short stay accommodation space based on Shared Economy, with its headquarters in Singapore and business operations in Silicon Valley of India, Bangalore. This secure platform uses the concept of sh. READ MORE
Visteon Automotive System India, the local arm of Michigan-based Visteon Corporation, a full-size cockpit electronics player, is headed for an exciting phase of growth in India.
Visteon Corporation (VC) is an American global automotive electronics supplier and Fortune 500 company spun off from the Ford Motor Company in 2000. Visteon is composed of multiple businesses that design, engineer, and manufacture systems for various clients, i. READ MORE
South African media and internet conglomerate Naspers is set to acquire Citrus Pay for around $150-180 million, in an all-cash transaction, making it one of the largest deals in the Indian payments market.
Naspers which is currently running Ibibo and PayU group in India is expected to emerge as the leader in the online commerce space in terms of market share. Both Citrus and PayU focus on providing payment solutions to a growing tribe . READ MORE
Indian drugmaker Lupin Ltd has agreed to purchase 21 branded drugs from Japan's Shionogi & Co. Ltd for 15.4 billion yen (about $150 million) to expand in the world's second-largest pharmaceutical market.
Lupin Pharmaceuticals, Inc. is the U.S. wholly owned subsidiary of Lupin Limited, which is among the top five pharmaceutical companies in India.
Shionogi & Company, Limited is a Japanese pharmaceutical company b. READ MORE
Not only Chinese companies are in news for launching new smartphone brands in India this time headlines are different new US based smartphone maker InFocus clearly signals the beginning of an era for the Indian consumers to look beyond the high-end premium Apple to affordable and mid-segment devices from American players.
The truth is that amid 50 Chinese players and several ‘Make in India’ vendors — and not to . READ MORE
The UAE International Investors Council has announced its participation in the 2nd Edition UAE - India Economic Forum (UIEF) as a Strategic Partner. Senior members of the council will participate in panel discussions with a special round table focused on investment opportunities in India. Organized by UMS Conferences, UIEF is the most definitive platform for major investors and government leaders from UAE and India to discuss rapidly diversify. READ MORE
Honda Motorcycles and Scooters India Pvt. Ltd. (HMSI) has opened its 100th pre-owned motorcycle dealership in the country. While many carmakers have their own pre-owned business, HMSI is the only one operating in the motorcycle segment.
HMSI is operating certified to operate in this sector from almost past five years. According to company reports The Company has seen about 55 per cent growth in the pre-owned dealer network recently and. READ MORE
California Pictures from Hollywood has signed a long term memorandum of understanding with Orange Corp India to co-produce Hindi & English films and take up other film projects for release and distribution on a global scale.
Orange Corp is MNC itself and currently it is focusing on the Indian Film Market to produce and co-produce films in Hindi and English.
The company diversified into film production, and with time, it has. READ MORE
American multinational hospitality chain Hilton Worldwide is keen to get its luxury brands, the legendary Waldorf Astoria and the two-year-old Curio-A Collection by Hilton, to India and is exploring opportunities in the country, Andre A Gomez, the new head of operations for India at Hilton Worldwide, said.
Hilton Worldwide Holdings, Inc. is an American multinational hospitality company that manages and franchises a broad portfolio of h. READ MORE
Taiwanese smartphone maker HTC seems to be betting big on virtual reality. According to a report in DigiTimes, the company is partnering with computer giant HP, to launch Vive-branded PCs. The PCs will come bundled with the company's Vive VR headsets.
According to media reports HTC will acquire PC’s from HP and then they would rebrand them as HTC Vive. Also pricing would be quite aggressive and it would be customer friendly.<. READ MORE
Amazon's premium Prime service, which gives members special privileges such as free one day delivery and early access to deals, has been launched in India.
Amazon.com, Inc., is an American electronic commerce and cloud computing company with headquarters in Seattle, Washington. Founded in July 5, 1994 by Jeff Bezos who is currently serving as Chairman, President and CEO of the company. In 2005, Amazon announced the creation of Amaz. READ MORE
Kia Motors, South Korea's second-largest automobile manufacturer and a subsidiary of Korean auto giant Hyundai, is reportedly close to identifying the site for its plant in India. Company is looking to enter Indian market is likely to pick up a site for its first plant in the country next month.
Kia Motors is headquartered in Seoul and was founded in December 1944, is South Korea's second-largest automobile manufacturer, follow. READ MORE
Payoneer, the New York-based cross-border payments platform, has re-entered the Indian market with its local bank transfer services. The company is initially targeting Mumbai and Bangalore, and will be opening its Indian office in one of these locations.
Entry further aims at expanding product offerings to Payoneer users in India like sending payment requests to their customers, and receiving funds into their Payoneer account via multi. READ MORE
The Piaggio Group continues its growth in India as it expands its offering in the scooter segment with its brand, Aprilia. Company would launch Aprilia SR 150 in India in August 2016.
According to company reports Aprilia brand heritage, the SR 150 combines the feel of a sports bike with the ease of a scooter, making it a crossover vehicle from the brand. It has been designed and engineered in Italy and will be manufactured at Piaggio&r. READ MORE
Chinese electronics manufacturer TCL Corporation has entered into the Indian market with the TCL 560 which comes with an eye-biometric verification feature. Device is priced at INR 7,999 (119.086 US Dollar). Device comes up against Lenovo Vibe P1m, Coolpad Note 3 Lite and Xiaomi Redmi 2 Prime.
TCL Corporation is a Chinese multinational electronics company headquartered in Huizhou, Guangdong Province founded in 1981 and incorporated in1. READ MORE
GetLinks, a Bangkok-based hiring startup, has recently announced its first acquisition of LetsCatchUp, a New Delhi-based social hiring network that is currently helping more than 100,000 tech talents in India. This merger would help GetLinks in reaching out to over two million tech talent graduating every year in India, as well as assisting LetsCatchUp in introducing highly skilled tech professionals to Asiawide tech career opportunities.. READ MORE
Curry house chain CoCo Ichibanya is set to expand into Britain and India, two of the worlds curry consumption hot spots.
Ichibanya Co., Ltd. is a Japanese food services company based in Ichinomiya, Aichi. Company was founded on 1 July 1982. Currently company is serving in 1,268 regions which includes United States, Thailand, Indonesia, Singapore, People’s Republic of China, Republic of China, Malaysia, Hong Kong, South Korea, the. READ MORE
BizEquity, one of the global providers of online business valuation knowledge and performance big data, has announced its services in India. This move follows BizEquity’s Singapore launch in 2015, and marks the next stage of its expansion in the Asia-Pacific region.
BizEquity has partnered with franchise solution company, Franchise India Brands Limited, which will support BizEquity’s dedicated team in India to deliver valua. READ MORE
Medical device firm Boston Scientific has launched its first integrated facility in India to develop and sell minimally invasive technologies fit for India.
According to company reports the facility would be comprised of research and development, training and commercial center. Research and development center will focus on creating market-appropriate products based on unmet clinical needs in emerging markets, and will also serve as a g. READ MORE
Swedish company MediCover Healthcare launched five medical fertility centres in the city and national capital region, as part of its plan to set up over 50 clinics to treat fertility issues in India in next three years.
Medicover is a healthcare company that helps many thousands of people in Central and Eastern Europe, Germany and UK, to improve and sustain their health. Company was incorporated in 1995 and now they are present in 14 c. READ MORE
One of the largest furniture retailer IKEA is laying foundation of its first store in India by August 11. After completion of the construction, the outlet is expected to open somewhere in July–August next year.
IKEA is a multinational group of companies that sells ready to assemble furniture such as beds, chairs and desks. Company was incorporated in 1943 and was founded by Ingvar Kamprad. Headquarters of the company is in Delft,. READ MORE
Accenture is launching seven new advanced analytics applications, particularly aimed at helping organizations to detect and remediate fraud. These applications are specifically designed for banks, telcos, government agencies and manufacturers. The applications provide user with tailored analytics and insights via visualizations.
These new applications join existing list of fraud management apps Claims Fraud for insurance companies. READ MORE
US-based broadband services and technology firm ViaSat Inc has launched its research and development (R&D) centre in Chennai to strengthen its presence in India and to support its global activities.
R&D centre in Chennai would be having more than 30,000 square feet to accommodate nearly 125 engineers. According to sources by 2019, company is eyeing upon having more than 250 Engineers in Chennai.
Company is also looking . READ MORE
Media buying agency Mindshare has partnered with analytics startup Vidooly to launch ‘Kyve’ in India. Kyve is a platform for brands and advertisers to track their online video viewership. The platform provides brands and advertisers insights into their viewership habits of their target audience, understand viewers’ consumption as well as engagement.
Data collected from Kyve would help Mindshare India to source relevan. READ MORE
Adidas Group India is planning to launch a mobile app for shopping by December, Adidas is launching this app primarily to drive customer engagement through content and loyalty programmes, and boost its online sales.
This move is significant as it may be a harbinger of increasing fragmentation in online retail for fashion over the next few years. At present, most brands, including Adidas, do not have independent shopping apps and are av. READ MORE
RPG has announced its foray into the cosmetic business and it is doing so by tying up with Italy-Swiss based Labo Cosprophar. The company will market hair-growth product Crescina and a wrinkle-free and anti-ageing skin care product called Fillerina. According to reports company is aiming to grab 10 per cent market share in the ₹250-crore cosmetic dermatology segment. Company wants to achieve this through new product launches, licensing pacts. READ MORE
Amazon web services is launching its first data centres in India. Amazon is aiming to boost growth in what is already one its fastest growing market.
Infrastructure-as-a-service division of Amazon was started ten years ago, which is generally called AWS. According to reports AWS is targeting to be $10billion dollar enterprise this year. It has an operating margin of over 24 percent.
According to various conversations and survey. READ MORE
Vice Media is set to enter India later this year in a Joint venture with the Times Group. The announcement was made by both the companies in ongoing Cannes Lion Festival, France.
Vice is a print magazine and website focused on arts, culture, and news topics. Company was founded in 1994 in Montreal, Canada. Vice Media has several divisions including the magazine, website, a record label and a publishing imprint.
Through this all. READ MORE
UK based reinsurer Lloyd’s is all set to launch its operation in India by early next year after the insurance regulator released a circular that enables Lloyd’s to set up shop here.
Reinsurance is a business that provides cover to Insurance players. Currently General Insurance Corp. of India (GIC Re) is the only company that provides domestic reinsurance within the country. Lloyd’s reinsure offshore transactions of In. READ MORE
After achieving great success in Indian mobile accessories market, London based brand STK now announced its plan to enter into evolving Indian handset market. The main aim of STK is to provide a unique software and services with friendly user interference platform, as it seeks to establish stronger foothold in Indian market.
Initially brand is launching its flagship device Hero X. According to reports handset shall flaunt exceptional d. READ MORE
Russian Venture Capital (RVC), largest venture capital firm in Russia is looking for investement oppurtunities in India. According to reports company plans to open representative office in India by 2017.
RVC views India as promissing market with great potential. According to given statement RVC views opportunities in techology market to manufacture their products and provide services using Indian production chain. According . READ MORE
In order to reduce operational cost fast food giant McDonald’s may be planning to outsource jobs to India. It is part of McDonald’s $500 million cost reduction plan. Under this plan McDonald’s is shedding jobs. A regional office in Columbus, Ohio is first one to face causalities of the cost cutting plan. According to McDonald’s facility closing is part of plan so as to permanently restructure its operations and eli. READ MORE
Keeping up with the growth of India’s beverage market global lifestyle brand TranQuini has entered into the country with its two premium relaxation drinks the TranQuini Original, which has a fruit-based flavour and the TranQuini Jade, which has a green-tea flavour .Other variants like barley, malt and herbal flavours will be launched soon.
Primarily the drinks would be available across modern retail chains, supermarkets, caf. READ MORE
Kentucky Fried Chicken (KFC) and Five Star Chicken they both are going to face stiff competition as US-based restaurant chain Genuine Broaster Chicken enters India. Geniune Broaster is tying up with Yellow Tie Hospitality, restaurant chain plans to invest Rs. 20 crore to set up outlets in India. They are planning to setup their first restaurant in Mumbai and additionally they have planned to open 300 outlets across 40 cities and they are expec. READ MORE
Dubai based social media digital company Websters is all set to begin its operations in India. Company specializes in Web designing and digital marketing.
Established in 2011 by Sheeraz Saeed headquarterd in Dubai,the company has helped brands like Zee TV, Zee Cinema and the Times of India Film Awards (TOIFA) event to create a presence in the middle-eastern region. Also company undertook projects like creating website for live updates . READ MORE
DigitalOcean launches Bangalore datacenter to support India fast paced developer and startup ecosystem
Buzzing technology arena of India has one more player DigitalOcean, a developer’s cloud computing platform who launched its Datacenter in Bangalore, India based out of New York City. DigitalOcean has been growing rapidly — with over 700,000 registered customers globally — by offering simple on-demand cloud computing resources. DigitalOcean will continue to offer a single pricing plan across all of its regions worldwide, inclu. READ MORE
After four years of dominance in the budget hotel segment OYO room is going to face stiff competition as London-based technology startup Chototel having a tagline “The People’s Hotel”, has chosen India as their destination for expanding their business.
Founded in 2015 with headquarters in London it’s main aim is to seek as medium for eradicating homelessness, housing & poverty by providing $2 rooms with all . READ MORE
After years of dominance in the 3-wheeler market, Bajaj may finally have a competitor on the horizon in Zbee. Zbee is an electric three wheeler, pitched as an urban traveller made by the Swedish firm Clean Motion.
Fossil fuel run vehicles have contributed significantly in adding the carbon footprint and emissions in our environment. To combat this, Clean Motion developed a technology which is lean, clean and safe and can be a potential. READ MORE
United States-based apparel brand Urban Factory has arrived to conquer the fashion industry in India. The designs of Urban Factory reflects their uniqueness of combining cuts, colors and fabrics to a work of art, that translate to urban clothes.
It has been observed that all styles that come in India are delayed by a season. This is the gap that the company want to address by bringing current customised styles in India.. READ MORE
The ExecuJet Aviation Group is an international business aviation company offering a diverse range of services including aircraft management for private and commercial registered aircraft, aircraft charter, aircraft maintenance, aircraft completions management and fixed base operations.
Headquartered in Zürich, Switzerland, ExecuJet has operations in six regions - Africa, Asia, Australasia, Europe, Latin America and the Middle Eas. READ MORE
New York-based startup WeWork is eyeing an India entry as it looks to cash in on the country's booming startup ecosystem.
WeWork is one of the world's most richly-valued startups. The company's core business is to sublet office spaces and convert them into an incubator which it rents out to freelancers and small startups and businesses at a higher rate. It also offers value-added features like health insurance and payment p. READ MORE
Japan-based Hayashi Electric announced its foray into country's regular and premium electric fan market and plans to sell around 5 lakh units over the next three years.
The fan market is quite saturated in India, big players are already here in the market. There is nothing new, but at the same time there is a segment which has not been tapped and that is the premium segment. The already established players tried their hand in this . READ MORE
Under Armour, Inc. is an American sports clothing and accessories Company. Being the second largest sportswear brand in America, Under Armour is planning to enter India. A relatively new entrant in the category, Baltimore-based Under Armour created a major upset when it overtook German sporting goods maker Adidas in the US, the world's largest sportswear market in 2. READ MORE
UM Motorcycles, the latest American bike maker will begin its innings in India by launching two motorcycles in the upcoming Auto Expo on February 3, 2016.
Christened as Commando and Sport S, these two variants of the Renegade series will be priced between 1.2 lakh and 2 lakh. Where the Commando will be a more basic variant, the Sport S will be positioned as the more premium avatar. However, both these models will be lacking a. READ MORE
ASICS is a Japanese athletic equipment company which produces footwear and sports equipment designed for a wide range of sports, generally in the upper price range.
After a great response in Delhi and Mumbai, ASICS has opened its first franchise store at Express Avenue Mall in Chennai. ASICS as a brand strongly believes in producing innovative sports products solutions and technologies to help athletes and active consumers achieve thei. READ MORE
Singapore-based commodities merchant Olam International Ltd is raising $175 million from International Finance Corp, the private sector lending arm of the World Bank, to finance its projects in India.
The investment that has been proposed will incorporate a $100 million loan facility and up to $75 million mobilisation under IFC’s managed co-lending programme, to be used for financing the approved projects in the two countries of . READ MORE
Austria-based VITEK, a leading international home appliances brand, has recently entered the Indian market. The firm has launched over forty products in categories like kitchen appliances, garment steamer, tower fans, room heaters, room coolers, vacuum cleaners, beauty and grooming products.
Hemant Japi, Director (operations), SPG India told Hindu BusinessLine that the company is also bringing to India five “first of its kind&rdq. READ MORE
India and Russia took forward a project to jointly manufacture military choppers under the 'Make in India' initiative during Prime Minister Narendra Modi's visit to Moscow.
Among the 16 agreements inked during the visit, the only one on defense cooperation - a significant facet of the bilateral relation - referred to plans to manufacture 200 of the KA 226 light choppers for the Indian armed forces. State owned HAL is believ. READ MORE
Spanish beer giant Mahou SA is eying a potential launch of San Miguel beer to boost its presence in the Indian market. Mahou, which owns he trademark in Europe, has had early discussions with San Miguel Corporation (SMC) of Philippines in this regard. The Manila-based food and beverage giant holds the rights for San Miguel in India.
Mahou had acquired San Miguel Fabricas de Cerveza SA as part of a consolidation move to create the large. READ MORE
Singapore-based big data start-up Crayon Data is setting up India operations in alliance with WPP-owned media investment management firm GroupM and its subsidiary Mindshare. Crayon Data was recently in news as Ratan Tata, chairman emeritus of Tata Sons, had made an investment in the firm.
"Together, GroupM, Mindshare and Crayon Data aim to map the taste of millions of Indian consumers, which will allow enterprises to target consum. READ MORE
Germany-based TII Group is the world market leader in manufacturing of heavy-duty vehicles equipped with hydraulically suspended pendulum axles. It has recently entered the Indian market after an acquisition of a 30-years old Indian trailer manufacturer ‘Tratec’ and establishing an Indian subsidiary.
According to Otto Rettenmaier, head of owner family of the TII Group “The TII Group has grown continuously in the last . READ MORE
Mio Global, makers of the world’s first heart rate monitor watch recently announced launching of fitness wearable products in India through an exclusive partnership with e-commerce giant Amazon India.
“We are very excited that our performance wearable products are now offered in India,” said Liz Dickinson, CEO of Mio Global. “India holds huge potential for Mio Global, as the country is moving towards a more heal. READ MORE
France-based parcel pick-up and drop company Pickup Service, part of logistics firm GeoPost (Le Groupe La Poste), is set to enter the Indian market along with DotZot, a company under courier services company DTDC Express Ltd, for last-mile delivery services in e-commerce.
The partnership aims to bring 90% of the population in major e-commerce consumption centres within 15 minutes of a DTDC pick-up shop by the end of 2016. DTDC has a ma. READ MORE
Americanmanufacturing and construction equipment company Caterpillar has announced its entry into Skid Steer Loader market in India with the launch of its Cat 216B3 model.
Stating that the launch of the B3 series Skid Steer Loader will add to ‘Make in India’ initiative, the company officials said these machines would be manufactured at Caterpillar's production facility set up at Thiruvallur in Tamil Nadu.Caterpillar cur. READ MORE
Germany-based Probat, the leading supplier of roasting and grinding plants and machinery for the coffee and food industry worldwide, opened its new production site at Kaapi Machines in Bengaluru, a top official told Deccan Herald.
Talking to Deccan Herald, Probat Group CEO Wim Abbing said, “Emmerich-headquartered Probat Group founded in 1868 has presence in 40 countries and has over 800 employees worldwide. The standard programme. READ MORE
Spanish wind turbine maker Gamesa plans investments in solar and off-grid power generation in India, as it is seeing booming sales in emerging markets, expects double-digit sales growth through 2017, according toGamesa’s ChairmanIgnacio Martin at the EWEA wind industry conference in Paris.
“With this order intake, which is not only for 2016 but also for 2017 and beyond that, we expect we will be fully in line with our 2017 . READ MORE
USA-based MiraMed Global Services, a premier global provider of business process outsourcing solutions to healthcare organisations, has set its eye on the Indian healthcare sector according to an article by The Hindu.
MiraMed Global is currently present in India through its subsidiary Ajuba Solutions based in Chennai.It has announced that it would enter India after forging tie-ups with healthcare majors to offer electronic medical reco. READ MORE
The world's largest aftermarket services provider iQor, plans to invest $200 million in Indiaover the next 3-5 years to expand to over 300 cities in the country, and hire 20,000 people.
“India is on radar of every leading company. It has grown from a zero smartphones market in 2005 to second largest smartphone market as per third party reports. This talks about opportunity that exists in India. We will invest $200 million in . READ MORE
Leshi Internet Information & Technology, aChinese entertainment company also known as LeTV, is all set to enter the Indian market early 2016. The Beijing-based company said that it would be looking to replicate its content-device ecosystem in India and provide users with a new entertainment based experience. The announcement was made by LeTV founder Jia Yueting, at the launch of its flagship smartphone, Le 1S phone, in Beijing.
&ld. READ MORE
Tokyo-listed Entertainment, Gaming and Arcade CompanyBANDAI NAMCO GROUP is now in India. The USD 4.4 billion Japanese group is setting up a wholly-owned subsidiary Bandai Namco India with an initial capital of Rs 12 crore. The subsidiary will set up and manage a series of Family Entertainment Centres (Namco-themed arcades with other attractions) across India based on assessment of potential.
The first centre will be operational by the . READ MORE
US-based pizza chain Marco's Pizza forayed into Indian market by opening its first outlet in Vadodara and plans to have 400 stores in India over the next five years. Marco’s Pizza is headquartered in Ohio and operates 650 stores in over 36 states of the US, Puerto Rico and the Bahamas.
“We will open 400 stores in India in a period of five years,” Marco's Franchising President and Chief Operating Officer Bryon . READ MORE
Chinese smartphone maker Vivo will create over 2,200 jobs at its Greater Noida facility in India, which will become operational by the end of October.
Vivo has already invested Rs 125 crore in the first phase for the assembling unit, which will have capacity of over one million phones per month. “At the end of this month our Greater Noida assembling unit will be operational that will bring over 2,000 jobs for the product lines an. READ MORE
Australia-based online graphic design platform, Canva, has officially entered the Indian market just recently. Canva allows users to create professional quality designs on its platform.
Canva has 150,000 user base already existing in India, and about 2000 new Indian users are signing up every single day. Indian users account for Canva’s 4th largest market, and have already created more than 1 million designs on its platform. It a. READ MORE
Dermozone, a renowned Indonesianherbal skin-care products company, recently announced its entry into the Indian market. It has set up its office in South Indian city of Bengaluru.
Dermozone has appointed Mr Manjunatha K.G as Chief Operation Officer of Indo-Dermozone Herbal Pvt. Ltd, who would lead and oversee the Indian operations. The company is globally recognized for its wide range of herbal skin care products especially its flagshi. READ MORE
Chinese telecom equipment company Coolpad Group Ltd on has recently announced its partnership with Videocon Industries Ltdto start manufacturing smartphones in India. Coolpad will be investing $300 million in manufacturing, research and development (R&D), and design.
Videocon would manufacture about half a million Coolpad smartphones at its facility in Maharashtra. The first made-in-India Coolpad phone is expected to be available i. READ MORE
Japanese housing and wood products firm Sumitomo Forestry recently announced its entry into the Indian market. It has picked up 26% stake in Nagpur-based furniture firm Spacewood for about $14 million.Sumitomo Forestry Crest Co, a fully-owned subsidiary of Sumitomo Forestry, would set up a new manufacturing facility for production of pre-hung doors by investing Rs 30 crore.
“Our investment for Spacewood is between $13-14 million . READ MORE
US-based smartphone brand BLU has recently entered the Indian marketwith two Windows based smartphones - Win JR LTE priced at Rs 5,999 and Win HD LTE at Rs 7,999. BLU smartphones are based on Windows 8.1 OS and have followed the recent trend of being sold through major e-retailers like Amazon and Snapdeal, and are also available at Microsoft's retail stores across India.
Florida-based BLU is known in US market for being quite affor. READ MORE
PSA Peugeot Citroen and Tata Motors are in talks to form a partnership that might result in Tata producing and distributing the French giant's cars in the Indian market, according to Economic Times. The two firms may also share engine technology, they added. If talks fructify, Tata Motors could make PSA's cars at its Sanand plant in Gujarat.
PSA, which has emerged stronger under chairman Carlos Tavares after a French-Chinese ba. READ MORE
Domestic textile player Siyaram Silk Mills recently announced joint venture with leading Italian lifestyle brand Cadini.
“We have entered into joint venture with leading Italian lifestyle brand Cadini. We have bought ownership rights to manufacture and market Cadini brand for its fabric segment in India, Sri Lanka and few other countries in Middle East,” Siyaram Silk Mills Chairman and MD Ramesh Poddar told Press Trust of I. READ MORE
An over two decade old Pakistani women's clothing brand Sana Safinaz has brought to the Indian market latest fashion for women from across the border by tying up with domestic fabric retailer OCM.
Presenting semi-stitched products for Indian women, the popular brand will showcase their 2015 silk collection comprising of six designs in two diverse colour variations.
"We are delighted to partner with OCM as our exclusive. READ MORE
Lax, a Chinese pro audio systems major is entering into India through a tie-up with Pixel Display India Pvt Ltd and plans to invest about $10 million in Research & Development and manufacturing of country-specific products in next three years.
Lax is one of the largest manufacturers of pro audio products, which are designed and developed to address mass audience in music and conference halls, airports, indoor and outdoor public ven. READ MORE
Split, a ride-sharing Finnish start-up, is planning to enter the Indian enter the Indian market, to give a tough competition to already existing app-based cabs services like Uber and Ola. Split began its operations in Washington DC and connects passengers through its app who share a ride in a cab.
Teemu Sihvola, head of concept development at Split told Economic Times, “Our priority is to stabilise our operations in DC and then l. READ MORE
Global mobile advertising and game publishing company Mobvista International Technology Ltd recently announced that it will invest $100 million over the next three years to expand its India operations. It plans to establish a local office in India by end of 2015.
The local presence in India would enable Mobvista to deploy a more deep rooted business engagement with local partners and stakeholders, Mobvista said in a statement. The comp. READ MORE
Siemens AG,German trains-to-turbines conglomerate plans to invest 1 billion euro in the India market and add 4,000 jobs to its existing workforce of 16,000 in India, becoming the first major European conglomerate to commit such a huge amount in response to Prime Minister NarendraModi's 'Make in India' initiative.
It may also look at M&As in software industry, according to Chief Executive Joe Kaeser, who was in New Delhi. READ MORE
Reciprocating Indian Prime Minister Mr. NarendraModi’s trip to UAE in the previous month, a high-powered delegation from United Arab Emirates, comprising of more than 80 companies and various government dignitaries, were on an official visit to New Delhi.
The chief motive was to invest in various sectors in Indian infrastructure which resulted in both countries forming a common business platform called Joint Business Council (JBC. READ MORE
American hospitality chain Starwood Hotels & Resorts has partnered with Pallazzio Hotels & Leisure and recently launched its ultra-luxury brand ‘St. Regis’ in Mumbai marking the brand's entry in India and South Asia.With its debut in India and South Asia, the St. Regis has tripled its global footprint in the past decade to 35 hotels globally.
Mumbai’s palladium hotel in the upmarket South Mumbai would fly . READ MORE
Celebrity Chef Jamie Oliver recently announced that two of his restaurants, Jamie's Italian and Jamie's Pizzeria, would be launching in Ambience Malls of both the National Capital and its Satellite town Gurgaon, by October this year According to a recent article by ETRetail.com, India would be the first country where Jamie's Pizzeria outlets will have an independent identity. In all other markets, it comes up as an extension to Jam. READ MORE
Chinese handset maker ZOPO Mobile has entered the Indian market by launching its flagship 4G handset ‘Speed7’ for Rs 12,999 to be available exclusively on Indian eCommerce giant Snapdeal.
ZOPO Mobile is headquartered in Chinese city Shenzhen and started its operations in the year 2008. Its clients are present in around 135 countries, has three series of products namely Speed, Flash and Color.
ZOPO plans to sell 100,. READ MORE
San Francisco-based Fitbit, the world leader in Wearable Technologies, has formally entered the Indian market, announcing its full line of physical activity and sleep-tracking devices. The gadgets would be available both online and offline throughout India. Fitbit aims to become the top player in the India market in the near future and give a tough competition to Chinese smartphone maker Xiaomi’s Mi Band.
Fitbit has partnered wit. READ MORE
Classic Rock Coffee Co. (CRCC), the high end classic rock music themed coffee shop, opened its first Indian outlet on Saturday, 16 May in Pune. Pune-based Food Jockeys is the master franchiser for the brand. Classic Rock Coffee Co. is headquartered in Springfield, Missouri (US) and was founded in 2011.
According to an article by Business Standard, Classic Rock Coffee Co. plans to expand its presence pan-India by opening 5-6 new restaur. READ MORE
Recently we’ve seen that there are numerous renowned international brands which are tying up with leading e-retailers like Jabong, Myntra, Amazon, Snapdeal, and so on to enter the Indian market. Though the Government of India allows 100% Foreign Direct Investment in single-brand retail, many brands are taking the ecommerce route to test the waters in the preliminary stage and even taking advantage of the booming ecommerce sector in India. READ MORE
The Children’s Place, America’s largest speciality retailer of children’s apparel and accessories opens its first store in Bengaluru, India with the opening of its first 2,500 square feet store in Orion Mall. The Children’s Place operates about 1,200 outlets around the world. TCP plans to open about 40 stores across Delhi-NCR, Mumbai, Bengaluru, Chennai and Hyderabad over 4-5 years.
The Children’s Place se. READ MORE
Confederation of Indian Industry organised a B2B Interactive meeting with the business delegation from Sultanate of Oman on 10 August 2015. The delegation met Indian businessmen in Mumbai on 13 August 2015.
The business delegation was a joint effort by Confederation of Indian Industry (CII) and ITHRAA, a trade facilitation agency from Oman. The chief purpose was to attract investment from India to resource-rich Oman.
In the ope. READ MORE
Consumer Electronics brand Thomson, a mass-market brand of the over $3.6-billion French media technology conglomerate Technicolor has re-entered the Indian market with an investment of Rs 3-billion in Hyderabad-based electronics manufacturing services company Resolute Electronics India.
According to the partnership, Resolute Electronics will be the brand-licensee of Thomson and would manufacture LED TVs as well as large and small kitch. READ MORE
Cold Stone Creamery is a subsidiary of Kahala brands that operates in 1,500 international locations, will target the premium segment of ice-creams and would give a tough competition to already existing Häagen-Dazs and another new-entrant Mövenpick, a Nestle-owned premium ice-cream brand. It was launched in November 2005 opening its first international store in Tokyo, the branded stores are now operating in nearly 26 countries, includ. READ MORE
Italian car-maker Fiat Chrysler announced the comeback of its Maserati brand in the Indian market to tap the increasing number if high-income group individuals looking forward to drive in luxury..
Maserati shut its operations three years back due to issues with its former country partner which resulted in frequent complaints from customers and ineffective operations. Now according to the company, India is a very important as well as st. READ MORE
Alibaba Group Holding Limited has recently launched a reseller platform in India, speeding up its plans to expand into the Indian market. The wholesale unit, which connects buyers and suppliers across the world, sees India as its largest market in terms of sellers after its home market China having about 4.5 million registered users from India.
"India is our key market and only when we have the local channels will we be successful. READ MORE
The credit rating agency Standard and Poor in a recent report claimed that despite indications of slower growth, the confidence level in India for foreign investors continues to grow ahead of the Asia Pacific Region as it said “Asia-Pacific Could Be Entering a Steady State of Slower Growth”.
It stated "In India, confidence continues to rise despite concerns about investment quality. Our forecasts of 7.4 per cent growth. READ MORE
US fashion label Coach which is known for its high end handbags will soon be officially available in India thanks to representation by Indian luxury firm Genesis Luxury.
According to news reports the deal between the two companies has already been struck however details of it are not yet made public. Coach already has a subsidiary in India which manufacturers’ products for its international operations right here in India. Genesis L. READ MORE
Legendary Italian motorcycle manufacturer Ducati has officially re-entered the Indian market by setting up a wholly-owned subsidiary in the country.
The superbike maker had earlier entered the Indian market in partnership with a local importer Precision Motors but exited the venture in 2013. Ducati, which is now owned by Audi AG can now appoint dealers directly and also have full control on the sales and service operations in India. . READ MORE
Global alcoholic beverage firm Constellation Brands (cbrands.com) will launch a new wine brand ‘Prosecco’ in India this year. The company is bullish on the growing Indian wine market which is expected to become Asia’s biggest in five years. The Indian partner which is manage the distribution of Prosecco across the country is Sula Selections, the import arm of Sula Vineyards which already sells Constellation’s Ruffino wi. READ MORE
Dutch food retailer Spar has announced plans to rapidly expand its presence in India over the course of next two years. The retail chain currently operates 16 hypermarkets and has plans to open 4 more by the year end and another 21 in the subsequent year. Spar will also double its workforce in India to 6,600 in the next two years. Spar re-entered the Indian market last year via a partnership with Max Hypermarkets. It is targeting a turnover of. READ MORE
The maturing Indian economy has attracted 130 year old Dutch lingerie maker Hunkemöller International BV. The company has found their Indian partner in Reliance Brands an arm of Reliance Industries. Men’s and women’s innerwear market in India is estimated to be worth $30 billion a year and growing at a rate of 17% per annum, according to Intimate Apparel Association of India (IAAI).
The joint venture is presently for a. READ MORE
Peugeot last entered India in 1997 with the compact 309 sedan which met with little or no success prompting the French auto major to retrace its steps and exit the Indian market, terminating its three-year association with local partner Premier Automotive.
Now the company has commissioned a fresh study to finalize its re-entry plans for the country. The company is finding India’s growing market too hard to resist more so since In. READ MORE
The Indian economic elephant finally seems to be gathering pace under the new Government which would soon complete one year of being voted into power. The strengthening Rupee (against most world currencies), low oil & commodity prices and relatively low inflation have resulted in the Indian economy growing at over 7.5% (higher than China) YoY in Q4 of 2014-2015 fiscal year. This coupled with the slowing and heavily indebted Chinese economy. READ MORE