British private equity firm Apax Partners LLP., headquartered in London, England, is set to acquire India’s largest surgical and wound care products maker Healthium Medtech (formerly Sutures India) in a deal estimated at $400 million. San Francisco- and Fort Worth-headquartered private investment firm TPG that held a 73% share in Healthium,...
SunTrac Collaborates with India's Perfect Infraengineers
SunTrac Solar Manufacturing LLC., a Wyoming limited liability company with its office in Tempe, AZ, entered into a collaboration with Mumbai, India-based Perfect Infraengineers. Perfect Infra now has the license to manufacture SunTrac's hybrid thermal systems, a proprietary technology, that integrates with heating, ventilation and air-conditioning, and refrigeration devices reducing...
India Ratifies UN's Convention for Goods Transit
India is the 71st signatory to the United Nations' TIR (Transports Internationaux Routiers) Convention, an international transit system that facilitates the seamless movement of goods throughout countries in Asia and Europe. TIR is the global standard for goods customs transit managed and developed by IRU, the world road transport organization....
Satellite Imagery Highlights India's Rapid Urban Growth
New satellite imagery released by NASA shows a huge growth of Indian cities in recent years. Vast swaths of northern India, relatively dark in 2012 night shots, are lit up by large new urban areas in imagery from 2016. According to the Oxford Economics Global City Forecast: For Asia and...
Global Grocery Markets Set to Grow between Now and 2020
Food and consumer goods research firm IGD forecasts that “the vast majority of global grocery growth will come from Asia, Africa and Middle East supported by increasing affluence, urbanization and rising populations,” according to GlobalMeat News. Rank Country 2020 $Bn 2015 $Bn % Change in Value 2015 - 2020...
Zimmer India grows at 26 percent annually
The India subsidiary of the world's largest orthopedic company is growing rapidly based on the recent launch of knee replacement products. Quoted in the BusinessLine newspaper, Dr. Ashok Rajgopal, Chairman, Medanta Bone & Joint Institute and past president of the Indian Society of Hip and Knee Surgeons, explained a total...