Tata Starbucks Private Ltd., the equal joint venture between Seattle, Washington-based Starbucks Coffee Company and India's Tata Global Beverages Ltd., will focus on regional culinary innovations and expanding its market to tier-II cities of India. Since starting operations in the Indian market in October 2012, it has a total of...
India's Food Safety Regulator Eases Business Policies
To facilitate ease of doing business, state-owned Food Safety and Standards Authority of India (FSSAI) put in place procedures to simplify licensing and registration processes: It developed an online Food Licensing and Registration System in all states, (except in Nagaland) as also at airports, seaports and in India's railway systems....
India's Zoomcar to Launch Bicycle Sharing Service
Ford-backed car rental service Zoomcar based in Bangalore, India, is set to start a bicycle sharing business. Founder, American expatriate Greg Moran, said that the company will have its own fleet of cycles and will start the service in Bangalore, Chennai and Kolkata. “We have observed a huge market gap for...
USTDA to Work with Airports Authority of India
The U.S. Trade and Development Agency signed a memorandum of understanding with the Airports Authority of India to support a 20-year master plan aimed at expanding the operational capacities of the Kolkata and Lucknow international airports, two of the fastest growing airports in India. State-owned Airports Authority of India selected...
"Co-Working" Catches on in India
Co-working, a concept where individuals or startups share a common workplace environment, is slowly catching on across prime property markets in India. Across the country, co-working space of 0.73 million sq ft was tenanted last year. "Though still nascent, this category could prove to be a disrupter as bigger co-working...
Warehousing Sector Surges in India
In anticipation of the national Goods and Services Tax roll-out in July, warehousing facilities will increase by 18 percent to 132.5 million sq ft, and this sector is likely to see investments of about $700 million, according to industry experts Delhi-NCR had the maximum warehousing stock in 2016 at 29.3...