Founded in 1923, Hummel, a sportswear company based in Aarhus, Denmark, inaugurated five stores in India and plans another ten by the end of this year. The first five stores, which are franchised, are located in Bangalore, Pune, Chennai, Surat, and Amritsar. Soumava Naskar, managing director of Hummel India, said...
Datawind Enters the Smartphone Market in India
Mississauga, Canada-based Datawind, a developer of wireless, web-access products and services, announced that it will launch three 4G LTE-capable phones in India in October. The smartphones will be priced between $45 and $75, and will be manufactured in the company’s plants in Amritsar and Hyderabad, reports Mashable. The company has...
15-Year-Old in India Innovates “Green Wood”
Watching the mounds of grain chaff burning at her family’s farm in India’s northern city of Amritsar, the then 15-year-old Bisman Deu decided to research the pollution caused by this activity. “I started researching pollution,” she says, “then I researched the properties of rice husk; it has a high silica...
Gov. Hayley’s India Trip to Attract Jobs to U.S.A.
The newly re-elected Republican governor of South Carolina, Ms. Nikki Hayley arrives in India on November 13 on a 10-day mission involving the state's commerce and tourism agencies. Gov. Hayley will be traveling to the Indian cities of Amritsar, Chandigarh, Chennai, Mumbai, and New Delhi hoping to persuade companies to...
German Retailer Metro to Expand by 210 Percent in India
Europe's fourth-biggest retailer, Metro AG, said it wants India to become one of its "focus expansion countries", alongside Russia, China and Turkey. "We have seen continuous like-for-like growth recently in India. Now we decide to inject extra momentum into our expansion course there," Metro CEO Olaf Koch confirmed. The company...
Lacoste to double revenue from India consumer market
Lacoste of France plans to double its India revenue by 2018, according to Rajesh Jain, its India Director. The company has grown in India at over 25 percent in each of the last three years and current sells products in 45 stores under its South Asia affiliate, Sports and Leisure...