New Jersey-based IT solutions company Advanced Technology Consulting Service (ATCS) expanded its operations in India by recruiting new staff and setting up its first Innovation Lab (I-Lab) in Jaipur, in the western state of Rajasthan. The company also opened a new office in Bangalore. "The I-Lab not only serves as...
Harvard Study: India Becomes New Economic Growth Pole, Surpasses China
According to the Harvard University's Center for International Development growth projections, India will feature on top of the list of the fastest growing economies until 2025 with an average annual growth of 7.7 per cent. The university-wide center works to advance the understanding of development challenges and offer viable solutions...
India Holds $124 Billion in U.S. Securities
The most recent data available with the U.S. Treasury Department shows that India increased its holding of American government securities to $124.1 billion at the end of April, a $7 billion increase from the previous month. Among the BRIC nations, India had the third largest exposure to the U.S. government...
Over 50 Global Retailers to Set Up Shop in India
More than 50 mid-rung global retailers are planning to enter India within the next six months, according to data compiled by Franchise India. The majority of the brands are from the United States and Singapore, and they will invest $300-500 million in India. The Economic Times reports that the latest...
India Tops Global Retail Development Index
India has overtaken China to secure the top position among 30 developing countries on ease of doing business, according to AT Kearney's the 2017 Global Retail Development Index, now in its 16th edition. This index ranks the top 30 developing countries for retail investment worldwide and analyses 25 macroeconomic and...
India to Be 3rd Largest Buyer of Passenger Planes
With India set to buy 2.2 new airplanes for each of the 480 aircraft currently in service, it is poised to become the third-largest buyer of commercial passenger planes in the world. The U.S. and China are the only countries to have more pending aircraft orders says a report released...