India is aiming to establish itself as a major manufacturing hub for global markets, following China's successful model of becoming the "factory of the world." This shift is driven by recent changes in global supply chains due to the pandemic and geopolitical factors, presenting India with an opportunity to increase...
India Expected to Overtake China to Become Walmart’s largest International Market
During Walmart’s yearly institutional investors call, CFO and executive vice president John David Rainey stated, “I believe India is going to be the largest (International) market in the world this year, surpassing China. It’s a really promising opportunity in the future.” Bentonville, Arkansas-headquartered Walmart, is the majority owner of Flipkart,...
e-Commerce Spending in India to Hit $300 Bn by 2030
According to a report from the Boston Consulting Group (BCG), the shift toward online commerce was accelerated by three to four years during the last two years of the pandemic. BCG says they studied over 800,000 online transactions made by 10,000-plus consumers from across 40 metros and tier- 4 cities,...
Four Strategies for MedTech to Thrive in Emerging Economies
Emerging countries are home to ninety percent of the world’s infectious disease burden, while changing habits are increasing the incidence of chronic and lifestyle-related illnesses in these markets. In sectors such as energy, telecom, infrastructure, and consumer products, large companies are significant players in emerging economies. However, according to the...
HuffPost Launches HuffPost India Edition
Huffington Post will soon end its partnership with the Times of India, and Lydia Polgreen, editor-in-chief of HuffPost, was in India to lead HuffPost India on its independent journey. In an interview with Mint, Polgreen said, "This [India] was a place where we felt like we wanted to invest and...
India's Agri-Tech Startups Help Improve Agriculture
A Boston Consulting Group study titled 'The Rising Connected Consumer in Rural India' says "the number of connected rural consumers is expected to increase from about 120 million in 2015 to almost 315 million in 2020." Because of government initiatives such as Digi Gaon (Digital Village) and the Bharat Net...