In an interview with the Economic Times, World Intellectual Property Organization director general Francis Gurry discussed issues of Intellectual Property and Innovation with respect to India. Snippets of Gurry's opinions during the conversation: There has been a shift in innovation in the last 20 years, from a total domination by...
Ducere Pioneers Smart Shoes for the Blind
Headquartered in India's southern city of Hyderabad, Ducere Technologies' Le-chal (Colloquial Hindi: take me along), the world's first interactive haptic footwear, gives vision to millions of visually challenged across the world to navigate through the sense of touch. Founded in 2011 by electrical engineers Anirudh Sharma, a graduate of the...
India’s Dr. Reddy’s Lab Strategizes for the U.S. Market
Financial Express reports that India's Dr. Reddy's Laboratories, based in the southern city of Hyderabad, disclosed plans to expand in the U.S. and emerging markets this year; widen its reach in Europe; invest in new drugs that offer higher margins such as complex generics, biosimilars and proprietary products; and promote...
India tops Altman's Baseline Profitability Index for 2015
In Foreign Policy Daniel Altman, senior editor, economics, and adjunct professor at New York University's Stern School of Business, released the third edition of the Baseline Profitability Index, a guide to where to invest around the world in 2015. He has outlined the factors that affect the ultimate success of...
India's Hotels Accelerate Confectionery, Apple, Nut Imports
According to USDA Foreign Agriculture Service, India’s food service sector continues to expand as the number of travelers increase and more consumers dine at restaurants. “India’s Hotel Restaurant and Institutional Service sector is benefiting from India’s relatively strong economic growth, stable political scenario, foreign investment, rising incomes, high aspiration levels,...
India becoming a source for cars
India's Mahindra & Mahindra sells its XUV sports utility vehicle in Europe since late 2012 and is expanding shipments to Latin America. And Korean automaker Hyundai has been shipping Chennai-built cars to Africa for more than five years. But now France's Renault is shipping India-built Dusters to Europe. Fiat and...