Feeling positive about the government's Make in India initiative, French engineering and transport company Alstom of France will double its business in the country to almost $1billion in the next three years. "We love doing business in India. We are finding good business environment in India. We are looking at...
Polaris and Eicher Motors Aim to Enter the Small Car Segment in India
Minnesota-based Polaris, maker of all-terrain vehicles, has entered into a joint venture with Eicher Motors India, to build a personal vehicle with a 600cc diesel engine. The double cabin micro pickup and multipurpose van is targeted for sale to small farmers and small business owners. To make the vehicle affordable,...
Wal-Mart Is Clearing a Wider Passage to India
After a two-year hiatus, Wal-Mart, the $476-billion Bentonville, Arkansas chain, is getting ready to open its 21st store in India. The new store will be located in Agra, home to the Taj Mahal, in November 2015, Bloomberg reported citing two people familiar with the matter. Wal-Mart is also considering opening...
German Retailer Metro to Expand by 210 Percent in India
Europe's fourth-biggest retailer, Metro AG, said it wants India to become one of its "focus expansion countries", alongside Russia, China and Turkey. "We have seen continuous like-for-like growth recently in India. Now we decide to inject extra momentum into our expansion course there," Metro CEO Olaf Koch confirmed. The company...
Lacoste to double revenue from India consumer market
Lacoste of France plans to double its India revenue by 2018, according to Rajesh Jain, its India Director. The company has grown in India at over 25 percent in each of the last three years and current sells products in 45 stores under its South Asia affiliate, Sports and Leisure...
Indian festivals, spices and traditions inspire Western cosmetics
According to the New York Times,India is captivating the mainstream cosmetics industry this year. From high-end brands creating makeup shades based on the country’s bright colors to skin- and hair-care lines capitalizing on Ayurveda, when it comes to beauty, inside and out, the industry is increasingly turning to the world’s...