India's Pidilite Industries Ltd, signed a definitive agreement with Huntsman Group for acquiring a 100 percent stake in one of its subsidiaries in India - Huntsman Advanced Materials Solutions Pvt Ltd (HAMSPL) — for over $300 million. HAMSPL manufactures and sells adhesives, sealants, and other products under brands such as...
Variety Retailer MINISO Expands in India
Chinese variety retailer MINISO opened its new store in Shubhash Nagar, Delhi, India. With the outbreak of the global pandemic, the number of stores in the Indian market has not decreased but increased. Now, more than 140 of its stores are located across India The new store is located in Shubhash Nagar, a...
Largest Number of Businesses in India are Retailers
With over 16 million retail shops in the country -- about one for every 15 families -- this sector of work surpasses others in its numbers. Manufacturing is second to retail with over 10 million units. However, the number of employees in this sector is greater than those in the...
Foreign Retailers Step into India
Tesco's plans for expansion into India have been approved by the country's government. The British retail giant intends to invest $110m in India's recently liberalized retail sector. It will set up a chain of supermarkets in partnership with an Indian company. Tesco is the first global food retailer to get...
Coca Cola's Key to Success in India
The Turkish-born CEO of Coca Cola wrote a chapter in a new book about India. Here are some excerpts relevant to consumer marketers. Muhtar Kent had spent time in India as a boy. Learning by listening, watching "Even if you live and work [in India], you can never be entirely...
India among top 15 emerging retail markets
A.T. Kearney's Global Retail Development Index for 2013 views India favorably and realistically. It points to India's large, young, increasingly brand- and fashion-conscious population. Retail growth of 14 to 15 percent per year is expected through 2015. "Modern retail" remains limited (7 percent in 2012), but it is expected to...