The Federation of Indian Chamber of Commerce & Industry (FICCI) reported a further improvement in the optimism level of its members of India Inc. Improvement in both current conditions as well as the expectations index has pulled the 2021 Overall Business Confidence Index value to a decadal high in the...
India to Become Unilever's Largest Global Market
U.K.-headquartered Anglo-Dutch company Unilever is bullish on India's conusmer market. Sanjiv Mehta, chairman and managing director, Hindustan Unilever Ltd., said, "For Unilever, India is currently the largest market in volume terms and the second largest in value terms, and in the very near future we clearly see a day when...
Amway Fares Well in India's Direct Selling Sector
The success of direct selling companies such as Amway, Tupperware, Oriflame, QNet, and Herbalife Nutrition is partly reflected in the increasing employment numbers that such companies generate. Close to five million people are currently employed by this sector. Women contribute 53 percent of entrepreneurs engaged in the $1.5 billion direct...
India's Med Tech Industry Partners with Ayushman Bharat
Representatives of the Medical Technology Association of India, Advance Medical Technology Association, AmCham Medical Devices Committee, AmCham Medical Devices Committee, Healthcare Federation of India, and Federation of Indian Chambers of Commerce and Industries, discussed ways to strengthen healthcare delivery under Ayushman Bharat a government program to enable the bottom 40...
Among Overseas Screenings, Indian Movies Gross Highest in U.S.
Movies from India featuring megastars with a global appeal, coupled with the backing of affluent production houses, reaped millions of ticket sales around the globe in 2017. The Indian film industry grew 27 percent last year due to box office growth in both domestic and international markets, according to a...
India to Host Two Food Trade Shows in September
India is a growing market for imported consumer-oriented food products. India’s imports of consumer-oriented products from all origins in calendar year 2017 were nearly $5 billion. Imported tree nuts, spices, processed and fresh fruits, and chocolate/cocoa products accounted for over 85 percent of all imported consumer-oriented items, and the U.S....