The Indian consumer electronics market is expected to grow in double digits over the next several years. The five primary categories in the appliances and consumer electronics (ACE) market - air conditioners, audio, refrigerators, televisions and washing machines will see 11.7 per cent compounded annual growth until 2025, starting at...
Indian stent-maker acquires majority stake in Zarek, Brazil
Sahajanand Medical Technologies (SMT), based in Gujarat, India has acquired a majority stake in Brazil-based medical devices solution provider Zarek Distribuidora De Produtos Hospitalares for an undisclosed amount. SMT made the acquisition through its Irish subsidiary. Established in 2007, Zarek’s product portfolio includes interventional cardiology and endovascular products such as coronary...