According to a report from Chicago-based Cushman & Wakefield, India's real estate sector is expected to record inflow of newly-raised capital amounting to $4.2 billion, including debt and equity in 2017. Global investments are finding routes to India with a long-term horizon on account of strong economic growth and sentiments...
Abbott to Set Up Innovation and Development Hub in India
Chicago, Illinois-based Abbott will set up an innovation and development center in Mumbai, India aimed at developing new drug formulations, new indications, dosing, packaging and other differentiated offerings to feed into its global branded generics business that clocked sales of $3.7 billion last year. The center will act as a...
India and Los Angeles, Much Closer Than You Might Think
Los Angeles is the top ranking U.S. customs district with trade exceeding $393 billion in 2015. Despite being halfway around the world from, India is a Top 10 trading partner with Los Angeles, actually ranking ninth and ahead of Pacific Rim countries such as Australia (#10), Indonesia (#12), and Philippines...
Indian Consumers Embrace International E-Commerce
According to Chicago-based Internet Retailer's Global 1000 report, selling to consumers outside a retailer's home market can be complicated due to language and cultural differences, and retailers were more likely to tackle issues that cropped up if they could see a clear cross-border demand for their goods. A report by...
Groupon to open R&D center in Chennai, India
Chicago based commerce marketplace company Groupon, Inc. announced plans to open a research and development center in Chennai, India, which will make it the fifth R&D globally developing e-commerce and m-commerce applications for Groupon’s Asia-Pacific markets. The center is to concentrate on formulating customer service tools, supply chain management tools,...
Navteq launches real time traffic in India: Mumbai and Delhi are first
Chicago based NAVTEQ has launched real-time traffic service in Mumbai and Delhi, India with a combined population of 26 million. The company claims that is its research shows that drivers in India who use traffic-enabled navigation on a regular basis can spend 18% less time sitting in congestion over those...