French pharmaceutical company's India subsidiary, Sanofi Healthcare India, has significantly increased the footprint of its Global Capability Center (GCC) in Hyderabad, Telangana, adding 270,000 square feet to the facility. This expansion brings the total area to approximately 500,000 square feet. The upgraded center is now equipped to accommodate 5,000 employees,...
OECD says India to Grow 12.6 percent in 2021
In it latest interim forecast released today, the Organization for Economic Co-operation and Development, OECD, a group of 37 countries headquartered in Paris, put India at the top of its economic growth list (albeit via a defective graphic, see below) with a projection of 12.6 percent GDP growth. For this...
CapGemini says India has Nearly Quarter Million Wealthy Persons
According to the Asia Pacific Wealth Report 2017, released by the Paris-headquartered Capgemini, India is making a noteworthy entry to the world’s richest list by scoring the fourth spot in the APAC region India's tally of High Net Worth Individuals, (each one having more than $1 million in the form of investible...
OECD: India at the Top of Governmental Confidence League
According to the latest edition of the Paris-based Organization for Economic Cooperation and Development's Government at a Glance 2017 report, India, with a citizen support of 73%, is at the very top of the governmental confidence league. Canada ranks second with 62%. Forbes says: Trust in government is vitally important....
Publicis Worldwide Launches Advertising Firm in India
Headquartered in Paris, Publicis, the advertising and public relations company, announced that it will launch Marcel, an innovative and creative shop in Mumbai, India. Marcel was created to help brands thrive in the digital age. It leverages big data, technology, and storytelling to create solutions. Its clients include iconic brands...
Overseas Products Appeal to Millennials in India
A joint study by global online payment gateway PayPal and Paris-based market research firm Ipsos, noted that despite payment barriers, young Indians in the 18-34 age group are shopping online for cross-border products like apparel and consumer electronics owing to their higher quality. Based on a survey of online and cross-border...