Living in India is balancing modernity with traditional ideas and practices according to the website Expat Focus. You will also find differences in the ways of life in the metros such as New Delhi and Chennai and the tier I cities like Pune, Hyderabad, Ahmedabad, which are also quite different...
Supply Chains Pose Challenges for India E-commerce
India is the world’s biggest untapped shopping market says the Wall Street Journal, as it traces one online order and its delivery on a 1200 mile journey from Surat in the western state of Gujarat where the garment was manufactured to Madurai in the eastern state of Chennai where the...
India To Be Global Assembly Site for Grundfos Water Dispensers
Grundfos, the world's largest pump manufacturer headquartered in Bierringbro, Denmark, will set up its new business Grundfos Lifelink that will provide modular ultra-filtration technology water treatment plants in India, in the southern city of Chennai. These plants will be located in rural areas and in urban areas where there is...
Ford to Announce Major R&D Center in Chennai
The Ford Motor Company has decided to invest $620 million in an R&D center in Chennai according to the Economic Times of India "There's a tremendous engineering talent here, and we want to tap into that and grow our product development capability here methodically over a period of time," CEO...
CBRE Predicts Steep Rise in Luxury Retail
Los Angeles-based property consultant CBRE expects the supply of retail space for luxury brands in India to double in the next three to four years. Vivek Kaul, head of retail services India, CBRE South Asia said, "The existing stock of luxury retail space in the country is approximately a million...
Startup BankBazaar Scores a $60 million Series C Led by Amazon
Virtual financial marketplace, BankBazaar, raised a $60 million Series C led by Amazon, with participation from Fidelity Growth Partners, Mousse Partners, and returning investors Sequoia Capital and Walden International reports Tech Crunch. With this investment, Amazon enters the online personal finance market. Located in Chennai in the southern state of...