Global consumer brands have long courted Chinese consumers; now it is India’s shoppers they are wooing. 2018 has been a good year for India: More foreign money is now pouring into it than into China. Overseas companies have spent $38 billion acquiring Indian assets so far this year, compared with...
Four Strategies for MedTech to Thrive in Emerging Economies
Emerging countries are home to ninety percent of the world’s infectious disease burden, while changing habits are increasing the incidence of chronic and lifestyle-related illnesses in these markets. In sectors such as energy, telecom, infrastructure, and consumer products, large companies are significant players in emerging economies. However, according to the...
Bluecore of New York Acquires India Startup
New York-based retail tech marketing company Bluecore Inc., announced the acquisition of Noida-based startup Betaout a customer intelligence and marketing automation platform for e-commerce companies. Fayez Mohamood, CEO and co-founder of Bluecore said, "Betaout brings expertise in channels beyond email, like Facebook, onsite, mobile push, SMS, that are critical to...
BP to Partner with India's Reliance for Fuel Retail
London U.K.- based oil company BP plc will partner with India's Reliance Industries Limited to jointly set up as many as 2,000 gas stations ("petrol pumps") in India over the next three years. On his visit to India, Bob Dudley, CEO, BP said, "Our partnership with Reliance is great, we just...
UK Sovereign Fund to Invest $1.7 Billion in India
London-based CDC Group, the development finance institution of the British government, aims to invest $1.7 billion in India and the broader South Asia region over the next three years. A large part of that investment will go to Indian businesses as CDC is looking to double its India portfolio by...
India Overtakes France as Sixth Largest Economy
Per the World Bank's updated data for 2017, India edged past France to become the world's sixth-largest economy. India's gross domestic product stood at $2.597 trillion at the end of last year while the French economy was valued at $2.582 trillion. The U.S. remains the world's largest economy with a...