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...
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...
Benelli to set up R&D, Assemble, Manufacture Motorcycles in India
Italian motorcycle brand Benelli, that is now a part of China's Qjian Jiang Group, has partnered with Hyderabad, Telangana-based Mahavir Group's subsidiary, Adishwar Auto Ride International. The partnership entitles the Indian entity to assemble and manufacture motorcycles, as also import an exclusive range of motorcycles from Italy and Southeast Asia. Dante...
Japan and Singapore Stand 1st on Henley Passport Index
The Henley Passport Index is the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. The ranking is based on exclusive data from the International Air Transport Association, which maintains the world’s largest and most accurate database of...
Ducati Expands Business in India
Launching its latest dealership in Chennai, India, Bologna, Italy-based bike manufacturer Ducati now has a total of eight such facilities in the country. The company currently has showrooms in Delhi-NCR, Mumbai, Pune, Ahmedabad, Bangalore, Cochin and Kolkata. The entire range of Ducati motorcycles including Monster family, XDiavel, Multistrada, Hypermotard, SuperSport...
Japan's Uniqlo to Debut in India
Based in Japan, Fast Retailing Co., Asia's largest clothing chain that owns the Uniqlo brand applied for approval to open stores in India. The brand’s international store count surpassed the number of locations in Japan two years ago. In India it will compete with Spanish clothing retailer Zara, Swedish clothing-retail...