Global consumer brands have long courted Chinese consumers; now it is India’s shoppers they are wooing. 2018 has been a good year for India: More foreign money is now pouring into it than into China. Overseas companies have spent $38 billion acquiring Indian assets so far this year, compared with...
OnePlus to Make India a Global Talent Hub
Shenzhen, China-based smartphone manufacturer, OnePlus, launched its R&D center in Hyderabad, India, its fourth after Shenzhen, Taiwan, and the U.S. On the occasion, OnePlus co-founder and CEO Pete Lau said, "We are looking at India as a global talent hub for the company. The idea is to have a long-term...
Four Strategies for MedTech to Thrive in Emerging Economies
Emerging countries are home to ninety percent of the world’s infectious disease burden, while changing habits are increasing the incidence of chronic and lifestyle-related illnesses in these markets. In sectors such as energy, telecom, infrastructure, and consumer products, large companies are significant players in emerging economies. However, according to the...
Looking Beyond Rich Country Patients for Long-Term Growth
New healthcare initiatives in the U.S. and Europe are looking beyond innovation of medical devices in developed countries for long-term growth. The concept of using India as a test bed to expand into new markets is not new, and indeed, any emerging market, including China, Indonesia, Eastern Europe, Latin America,...
IMF, Bloomberg: Asia's Growth Champion is India
According to the International Monetary Fund, the global economy, in spite of having reached a plateau, will continue to grow at 3.7 percent in 2019. The outlook for 2019 is better than one might expect given the negative daily news around the globe. Strong economic growth in the U.S. will...
Chinese Companies Top India's Smartphone Market
India, the world's second largest market for smartphones, is currently a key battleground for a number of phone makers from China, Taiwan, and South Korea. As smartphone shipments slow in many parts of the world, India’s handset market continues to grow. According to research firm Counterpoint, in July forty-two different...