Co-working, a concept where individuals or startups share a common workplace environment, is slowly catching on across prime property markets in India. Across the country, co-working space of 0.73 million sq ft was tenanted last year. "Though still nascent, this category could prove to be a disrupter as bigger co-working...
Warehousing Sector Surges in India
In anticipation of the national Goods and Services Tax roll-out in July, warehousing facilities will increase by 18 percent to 132.5 million sq ft, and this sector is likely to see investments of about $700 million, according to industry experts Delhi-NCR had the maximum warehousing stock in 2016 at 29.3...
Apple Looks to Expand in India
India has offered to allow Apple Inc., to import mobile handset components intended for use in local manufacturing tax free; but these concessions will be subject to the condition of increasing local value addition over a period of time. Aruna Sundararajan, Secretary at the Ministry of Electronics and IT told...
India's Infosys to Set Up Tech Center in Indiana
Bangalore, India-based information technology company Infosys announced that it will establish a central Indiana tech center, the first of four facilities it plans to launch as part of a broader expansion in the United States that is projected to create 10,000 jobs over the next two to four years. Vishal...
In India, Montblanc's Luxury Goods Looking Up
European luxury firm Maison Montblanc, which has a joint venture with India's Bangalore-based Titan, is looking at a turnover of $100 million over the next four years. The joint venture currently has seven boutique stores, and Titan's managing director Bhaskar Bhat said, "We have a plan for about 25 stores...
What Technology Innovations is India Working at?
In his article in Fortune on whether India can become an innovation hub for the world, journalist Ashish Gupta explores India's capability in cutting-edge technology and disruptive innovation. In his search for answers, Gupta talks to many stalwarts in the field of innovation: Vijay Govindarajan, Coxe Distinguished Professor at Dartmouth,...