According to the FDi report 2013, three of the BRICS countries namely India, China and Brazil, ended up in the top 5 destination countries for Foreign Direct Investment (FDI) globally in 2012. Collectively, they attracted 18% of all global FDI projects. Regarding India, is has attracted 30.02% of all the...
IKEA goes local for India and China
According to Reuters India, IKEA Chief Executive Mikael Ohlsson devoted much time to acquiring local knowledge of what consumers desire in their furniture, in order to give the company an edge. Through their accumulation of knowledge, they will accommodate to the needs of the cultural majority. "Most people don't really...
China's Haier to Manufacture all Products in India
According to a recent article, by 2016, the Chinese consumer durables major Haier will manufacture all of its products in India. This will shield Haier India from the rupee-dollar fluctuations and encourage faster growth. Their 40-acre facility in Pune currently holds imports from China such as refrigerators, televisions, washing machines,...
Does Europe sometimes deny Asian ascendance?
The latest Soft Power survey lists the United Kingdom (Great Britain) as having soft power that exceeds that of the United States in 2012 and this claim has gotten all the media attention. But I was struck by another oddity in the report: the absence of China, Russia and India...
Migration of People and Money to and from India
According the World Bank, there are 5.4 million immigrants in India making it the 10th largest host for immigrants. The United States is #1 with 42.8 million immigrants. The Bank's data also show that the China-USA and India-USA corridors are the 10th busiest immigration corridors in the world, with 1.7...
Huawei Technologies invests in India R&D center
Chinese telecom equipment maker Huawei Technologies will invest $150 million in a one million square foot research and development coming up in Bangalore. Eventually capable of hosting up to 4,000 engineers, the company plans to begin supporting its next-gen mobile phone handsets from this location, according to BusinessLine. For example,...