The nutraceuticals market in India is expected to grow to $18 billion by the end of 2025, according to a report in the Times of India, the largest circulating English language newspaper in the country. Currently, the Indian market imports $ 2.7 billion worth of nutraceuticals. The dietary supplements segment...
Facebook Invests in Clean Energy in India
As part of its commitment to being carbon neutral, Facebook has signed a deal to buy renewable energy in India from a local firm's wind power project. This is the social media giant's first such deal in the South Asian nation. The 32 megawatt wind power project, located in India's...
Singapore Fund Invests in India's Infrastructure Sector
Singapore’s sovereign wealth fund GIC will invest over $600 million for a 49 percent stake in a private Infrastructure Investment Trust controlled by IRB Infrastructure Developers headquartered in Mumbai. As part of the transaction, IRB will transfer nine of its Build-Operate-Transfer assets into the Investment Trust in which IRB will...
AstraZeneca, Indian Cancer Society to Launch Cancer Screening
AstraZeneca Pharma India in partnership with the Indian Cancer Society, announced the launch of a nationwide cancer awareness initiative – Cancer Screening for Women. Under this program, free, specialized cancer-screening will be conducted across the country for women from underprivileged families. These screening camps will focus on prevalent cancers of...
India Crosses 500 Million Internet Connections
By the end of September 2018, India recorded 56o million internet users marking 65% growth from 340 million connections in March 2016. According to a report from the Telecom Regulatory Authority of India 64% of the internet connections are from urban areas while 36% are from its rural regions. India's...
Finland Explores Additional Opportunities to Engage with India
Anne-Mari Virolainen, Minister for Foreign Trade and Development, Finland, who visited India in mid-December, to forge new partnerships with India in emerging areas such as artificial intelligence, Internet of Things and cybersecurity, along with traditional sectors of pulp, paper, and heavy industrial machinery. "We [recently] signed a memorandum of understanding...