Consumer demand in emerging markets is getting affected because of weaker economic growth, in major markets such as Brazil and China. But, according to Business Week, India could be a different story. "There are some things going in its favour. Economic growth seems to be recovering and inflation seems to...
Xiaomi to open its R&D and design facility
Xiaomi of Beijing China has identified Indian market as a potential place to grow its business. The company is now ready with a new strategy to set up an R&D center in India focused on local users, designing and customizing the devices according to them. Hugo Barra, Vice President of...
Logistics in India costs less than in China
According to Economist article, logistics in India costs less than in China. Here are two examples that shows China as a mighty trading power, first is Yangshan which is in outskirts of Shanghai, is the world's busiest container port and second is Pudong airport which is world's third-biggest handler of air...
German Retailer Metro to Expand by 210 Percent in India
Europe's fourth-biggest retailer, Metro AG, said it wants India to become one of its "focus expansion countries", alongside Russia, China and Turkey. "We have seen continuous like-for-like growth recently in India. Now we decide to inject extra momentum into our expansion course there," Metro CEO Olaf Koch confirmed. The company...
India: Most Attractive Investment Destination
India has overtaken China as the most attractive investment destination, according to Ernst & Young (EY), with the sharp depreciation in the rupee and opening up of new sectors to foreign players boosting the South Asian nation's allure. This according to report published on CNBC. Companies are most likely to...
GDP: Comparing Countries Over Time
The rise of Eastern economies is more properly called the "return" of these erstwhile economic powerhouses, especially China and India. (Note that Angus Maddison did not seem to value the pre-Columbian nations of the Americas at all in his analysis, so the numbers are perhaps a bit skewed).