Lenovo-Motorola announced its plans to establish India as its export hub. Starting end of April this year, the company will start exporting smartphones to regions such as Latin America – one of Motorola’s major markets – as well as the Asia Pacific. Lenovo will focus primarily on smartphones priced between...
Looking Beyond Rich Country Patients for Long-Term Growth
New healthcare initiatives in the U.S. and Europe are looking beyond innovation of medical devices in developed countries for long-term growth. The concept of using India as a test bed to expand into new markets is not new, and indeed, any emerging market, including China, Indonesia, Eastern Europe, Latin America,...
GM Commences Export of Sedans from India
General Motors shipped a consignment of 1,200 Chevrolet Beat sedans to markets in Latin America from its plant located in Talegaon, near the city of Pune, in India. Production of these autos started a year ago. Earlier this year, GM had exported Chevrolet Beat hatchbacks to the same markets. GM...
Daimler, Volvo Export Trucks, Buses from India
Both Daimler and Volvo are making India their export hub for large trucks and luxury buses such as the Mercedes-Benz, Mitsubishi Fuso, Freightliner and UD Trucks. Daimler India Commercial Vehicles (DICV), the Indian subsidiary, has already begun exporting its Mercedes-Benz trucks and buses, made at its Chennai facility, to Southeast...