London based Laureti Automotive Corporation will launch its electric SUV, DionX, in India in 2021 as part of its plans to provide clean mobility solutions in the country. Additionally, the company will invest $370 million to set up a manufacturing facility at Puducherry (earlier known as Pondicherry) in southern India,...
Growth Slows in China, Rises in India
According to London, U.K.-based Capital Economics, an independent economic research company, China's period of par excellence performance might be ending soon. In its 'Long-Term Global Economic Outlook' the firm says that China's policies of high investment and rapid debt accumulation, make it vulnerable to a sharp deceleration. China's export-driven growth...
India Trumps China on M&A Inflows
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...