China headquartered Miniso plans to source India-made products for its stores in the U.S. and Australia. Additionally, it plans to invest in its own warehouses at Delhi, Mumbai, Kolkata and Bangalore to cater to its expanding network. "We are looking into getting more local purchase and we also want to...
India to Fuel Smartphone Shipments in 2019
Shipments of smartphones are expected to rebound, returning to low-single-digit growth in 2019, according to market research firm International Data Corp. (IDC), which noted that India is one of the key markets that will boost shipments. "India is one of the few markets that has not hit maturity and still...
India Trumps China on M&A Inflows
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,...