The nutraceuticals market in India is expected to grow to $18 billion by the end of 2025, according to a report in the Times of India, the largest circulating English language newspaper in the country. Currently, the Indian market imports $ 2.7 billion worth of nutraceuticals. The dietary supplements segment...
BHEL Wins Fleet Order for Nuclear Reactor Headers
India's nuclear energy expansion is currently focused on two fronts: 1000 megawatt light water reactors based on foreign technology along the coasts and 700 megawatt heavy water reactors based on domestic development to be located in inland areas. Bharat Heavy Electricals Limited announced that it has won a “prestigious order”...
Airbnb: India among Three Fastest-Growing Emerging Markets
Airbnb counts India among its top three fastest growing emerging markets. Greg Greeley, president of homes, Airbnb, said, "Europe and North America are the largest markets for us but from an emerging [economy] standpoint, India is in the top three and growing one of the fastest. I expect it to...
Singapore Fund Invests in India's Infrastructure Sector
Singapore’s sovereign wealth fund GIC will invest over $600 million for a 49 percent stake in a private Infrastructure Investment Trust controlled by IRB Infrastructure Developers headquartered in Mumbai. As part of the transaction, IRB will transfer nine of its Build-Operate-Transfer assets into the Investment Trust in which IRB will...
India to Establish Itself as a Filming Destination
The Government of India set in motion fresh initiatives to establish itself as an international shooting destination in the same league as well-established location sectors in Eastern Europe or Latin America. Authorities in 2016 established the Film Facilitation Office (FFO) with the aim "to streamline approvals for both foreign and...
India to Set Up 21 New Nuclear Reactors by 2031
Currently, India has 22 power reactors in operation at seven plant sites with a combined capacity of 6,780 MWe. It now expects to bring 21 new nuclear power reactors with a combined generating capacity of 15,700 MWe into operation by 2031, Jitendra Singh, the country's minister of state for the...