With increasing awareness, and Internet penetration in India, e-commerce is blooming. Currently, Amazon India has launched bookstores in Hindi, Kannada and Tamil – three regional languages in India. The Hindi bookstore was launched in April 2014 with over 23,000 titles. It offers a vast selection of genres ranging from literature,...
Startup BankBazaar Scores a $60 million Series C Led by Amazon
Virtual financial marketplace, BankBazaar, raised a $60 million Series C led by Amazon, with participation from Fidelity Growth Partners, Mousse Partners, and returning investors Sequoia Capital and Walden International reports Tech Crunch. With this investment, Amazon enters the online personal finance market. Located in Chennai in the southern state of...
India's Government Plans to Boost Medical Device Production
India's first medical devices industrial park is set to come up in Gujarat and the second one is being planned for Tamil Nadu, said Ananth Kumar, Union Minister of Chemicals and Fertilizers, while releasing a government-industry task-force report on boosting domestic production of high-end medical technology products, according to a...
Amway to Make India a Hub for Neighboring Countries
Amway is setting up a $96 million (600 Crores) unit in the southern state of Tamil Nadu, and it is also looking for further expansion by way of an additional plant in India, reports The Times of India. Amway’s managing director and CEO William S. Pinckney said, "We are looking...
Textures of India, South and North
When I moved from Kanpur to Bangalore eons ago, most locals referred to anybody from Northern India as being "from Delhi.". This used to miff the Bengalis, the Kashmiris, the Rajasthanis and the Gujaratis I knew who each have their distinct identities; having grown up in India's most populous state...
India's share of global exports doubles since 2000
According to an article in the Economist, Pune in west India, has won the steely hearts of Germany’s car firms. Inside a $700m Volkswagen plant on the city’s outskirts, laser-wielding robots test car frames’ dimensions and a giant conveyor belt slips by, with sprung-wood surfaces to protect workers’ knees. It...