India currently has 1.5 million battery-powered, three-wheeled rickshaws, while close to 11,000 new e-rickshaws hit the streets every month. Annual sales are expected to increase 9 percent by 2021, according to Rahul Mishra, a principal at A.T. Kearney. Three-wheeled vehicles are a $1.5 billion market, and in India they are...
India Tops Kearney's Global Services Location Index
Extending its lead over other countries, India topped management consulting firm A.T. Kearney’s 2017 Global Services Location Index for the eighth consecutive year since its inception in 2004. Currently there are 200 multinational corporations operating in India and 1.1 million employees in Business Process Outsourcing, though the sector does face...
Online Grocery Market Grows in India
With incomes rising and Internet connections spreading across India's urban centers, an online food retail channel is developing with a mix of brick-and-mortar retailers (setting up e-commerce sites with offering home delivery) and with pure-play online grocers emerging. The latter category includes Bangalore-based BigBasket and Mumbai-based retailers LocalBanya and EkStop. All...