A report, titled 'Full View of Modern Trade Retail Trends' by consumer research firm NielsenIQ (NIQ), released in August, says,"India emerges as the only market consistently delivering double-digit growth in both the FMCG and tech & durables sectors, underscoring the resilience and evolving preferences of Indian consumers." The key points...
S&P Global: India’s Economy to Power Ahead in the Next Three Years
As China's economy slows, economic growth in the Asia-Pacific region will shift away from China toward South Asia and Southeast Asia according to S&P Global. India's economy will drive Asia's growth in the next few years, leading regional growth, the Manhattan NYC-based credit agency projects. India's GDP for the fiscal...
Azelis Extends Footprint to India, ASEAN, in Collaboration with CP Kelco
Azelis, global specialty chemicals distributor headquartered in Luxembourg, announced the extension of its distribution scope with CP Kelco in India, Indonesia, Malaysia and Thailand. Azelis will distribute the complete range of CP Kelco’s products, which includes specialty carrageenan, xanthan gum, pectin, gellan gum, fermentation-derived cellulose and the newest addition, citrus...
Global Tech Centers in India Move up the Value Chain
Technology centers of foreign multi-national corporations, or global capability centers (GCC) as they are commonly called, used to be focused on IT and BPO services in the late 1990s. But today, many such centers have evolved to become crucial to the core operations of their parent companies and are drivers...
Lenovo-Motorola to Make India an Export Hub
Lenovo-Motorola announced its plans to establish India as its export hub. Starting end of April this year, the company will start exporting smartphones to regions such as Latin America – one of Motorola’s major markets – as well as the Asia Pacific. Lenovo will focus primarily on smartphones priced between...
NetApp Launches Data Visionary Engineering Center in India
Sunnyvale, CA-based hybrid cloud data services company NetApp inaugurated a new Data Visionary Engineering Center in Bangalore, India, to help customers and partners collaborate, innovate, educate, and drive digital transformation in the Asia-Pacific region. This center joins three other similar facilities in Sunnyvale, California; Triangle Park, North Carolina; and at...