In its first in-depth research report 'Build Well To Live Well,' the Miami, Florida-based Global Wellness Institute analyzed the global and regional wellness, lifestyle, real estate, and communities market. Real estate and communities that intentionally put people’s health at the center of design, creation, and redevelopment are the next frontier...
India's Beauty Market Surges
Replete with opportunities for both home-grown and international cosmetic companies, India's beauty market is experiencing a major boom. Currently valued at $6.5 billion, the market is projected to top $35 billion by 2035. Other positives for India's beauty market: it has a growth rate of 15-20% a year it's expanding...
Britain's Apax Partners to Acquire India's Healthium Medtech
British private equity firm Apax Partners LLP., headquartered in London, England, is set to acquire India’s largest surgical and wound care products maker Healthium Medtech (formerly Sutures India) in a deal estimated at $400 million. San Francisco- and Fort Worth-headquartered private investment firm TPG that held a 73% share in Healthium,...
Stanadyne to Set Up Center of Excellence in India
Based in Windsor, Connecticut, Stanadyne LLC is setting up a Center of Excellence for engineering at India's southern city of Chennai where its first plant is located. "We are in the process of shifting all diesel-related engineering activities to India from U.S.A., so the American center will only concentrate on...
Siemens Launches Mobile Diagnostic Device in India
Siemens Healthineers, part of the Siemens Group, launched a device that embeds mobile technology with diagnostics in India. "We have signed an exclusive agreement with Jana Care for Aina, a blood monitoring system. It will be the world's first smart phone-based diagnostic system, which will enable detection and management of chronic...
Liebherr Invests $75 Million in Refrigerator Factory in India
Germany-based manufacturer of refrigeration and cooling appliances, Liebherr, invested $75 million to set up a manufacturing unit in Aurangabad, India, and plans to roll out a new line of refrigerators in May. The Libherr group evaluated other countries including Europe, Brazil, China and Russia before finalizing its India launch. According...