India's stock market edged past the equity market of Germany -- Europe’s largest economy -- for the first time in seven years, according to data compiled by Bloomberg. India’s positive returns this year is due to companies’ reliance on domestic demand which enabled them to avoid the meltdown in other...
SAP: India Now a Global Product Development Hub
Walldorf, Baden-Württemberg-based German Company SAP, is set to strengthen its commitment in India with a new forty-acre campus in Bangalore. Bernd Leukert, the company's executive board member and head of production and innovation described how India was important to SAP: "Outside of our headquarters in Germany, the Indian R&D division...
Global Fashion Companies to Launch Stores in India
Having tasted online success in India, Baltimore, Maryland-based Under Armour, U.K.'s Dorothy Perkins, Dutch Scotch & Soda, and Italy's Replay plan to set up brick-and-mortar stores across the country. Research portal Statista based in Hamburg, Germany, predicts that India's clothing market will reach $100 billion by 2020. Under Armour aims...
India Predicted to Occupy Fifth Spot Globally in Manufacturing by 2020
Research by U.K.-based RS Components into the Manufacturing Capitals of the World reveals countries that are predicted to drop in rankings while others are expected to increase their positioning significantly. The United States is predicted to peak in 2020 and become the manufacturing capital of the world. The U.S. continues...
India Overtakes France as Sixth Largest Economy
Per the World Bank's updated data for 2017, India edged past France to become the world's sixth-largest economy. India's gross domestic product stood at $2.597 trillion at the end of last year while the French economy was valued at $2.582 trillion. The U.S. remains the world's largest economy with a...
India in Top 4 of 40 Countries for Renewable Energy
On Ernst & Young's 2018 Renewable Energy Country Attractiveness Index (RECAI), China tops the list of forty countries, followed by the U.S., Germany, India. India’s 2022 solar power target seems over-ambitious in response to the threat of a 70% tariff on imported solar panels and low power bids. In January,...