“Urban World: The Global Consumers to Watch”, a report by the McKinsey Global Institute says that global urban consumption is expected to grow by $23 trillion over 15 years, at a compound annual growth rate of 3.6 percent. 32 cities globally, including two from India - Delhi and Mumbai –...
India’s Wine Business Flourishes in Nashik
110 miles from the western megalopolis of Mumbai, in the city of Nashik, more than 3000 acres of land are covered by vineyards that produce 80 percent of India’s total production of wine. Nashik boasts of an annual output of 13 million litres of wine, and given that India is...
Bosch Siemens Localizes for India Market
In an interview with Forbes, Gunjan Srivastava, the CEO and managing director of Bosch Siemens Home Appliances recounted how his company differentiated itself in the competitive market of washing machines. The prevailing front load washing machine market in india was dominated by machines that could wash 13 pounds of clothes....
Can English Brothers Sell Chapatis in India?
Brothers Charles and William Eid from the United Kingdom set up Signature International in 2011 – a production facility making flatbreads in the city of Nashik, 200 miles north of Mumbai. Built to European standards, the vision at that time was to set up twenty factories in India by 2020....
NTT Communications Opens Mumbai Data Center
NTT Communications, a unit of the Japan's $112 billion NTT, opened its ninth data center in India. The 30,000 square foot facility cost $124 million. Here are excerpts from an interview of Tetsuya Shoji, president & CEO, NTT Communications with The Times of India: On factors driving the need...
Satya Nadella Pitches Microsoft to Developers and Startups in India
During his visit to India earlier this month, Satya Nadella, CEO of Microsoft projected his company’s technology and programs as ways to help India modernize both its technical and physical infrastructure, reports Fortune. He restated the Microsoft program launched earlier this year which would provide a boost to the startup...