Here are three stories of entrepreneurs that went east to India, survived, and succeeded: Valerie Wagoner started her company ZipDial, which was acquired last month by Twitter, based on her insight of the potential of missed calls in the bandwidth deprived Indian mobile market. In 2013, Greg Moran and David...
Cushman Predicts 46 million square feet of New Office Space in 2015
According to VCCircle.com, global real estate consultancy firm Cushman & Wakefield has reported that Bangalore, NCR, Mumbai, Hyderabad, Pune, Chennai, Ahmedabad, Kolkata are the top eight cities that are expected to have a robust supply pipeline of 46.4 million square feet of office space available in 2015. The release said...
Insurer Allstate Announces $1 Billion Expansion in India
Allstate Corporation, the largest publicly traded home and auto insurer in the U.S., plans to spend $1 billion in India within the next four years, to strengthen its offering in technology and operations. Having started India operations in 2012, Allstate Solutions Private Ltd. currently has over 4,500 technical experts in...
WABCO opens second Application Engineering Center in India
Maker of brake systems for commercial vehicles, WABCO has opened a new Application Engineering Center in Pune, the supplier’s second such facility in India. The new center will allow WABCO’s team of application and test engineers to work closely with global commercial vehicle manufacturers in India to jointly develop customized products and...
Lacoste to double revenue from India consumer market
Lacoste of France plans to double its India revenue by 2018, according to Rajesh Jain, its India Director. The company has grown in India at over 25 percent in each of the last three years and current sells products in 45 stores under its South Asia affiliate, Sports and Leisure...
China's Haier to Manufacture all Products in India
According to a recent article, by 2016, the Chinese consumer durables major Haier will manufacture all of its products in India. This will shield Haier India from the rupee-dollar fluctuations and encourage faster growth. Their 40-acre facility in Pune currently holds imports from China such as refrigerators, televisions, washing machines,...