Having tasted online success in India, Baltimore, Maryland-based Under Armour, U.K.'s Dorothy Perkins, Dutch Scotch & Soda, and Italy's Replay plan to set up brick-and-mortar stores across the country. Research portal Statista based in Hamburg, Germany, predicts that India's clothing market will reach $100 billion by 2020. Under Armour aims...
U.K. India Business Council Says it's Easier to Do Business in India
More than those from any other country, U.K. businesses are increasingly investing in India. British companies in India now employ almost 800,000 people, representing an impressive one in twenty jobs in India’s organized private sector. Monitoring progress on the Ease of Doing Business in India is therefore important not only...
IMF, Bloomberg: Asia's Growth Champion is India
According to the International Monetary Fund, the global economy, in spite of having reached a plateau, will continue to grow at 3.7 percent in 2019. The outlook for 2019 is better than one might expect given the negative daily news around the globe. Strong economic growth in the U.S. will...
Quanticate Inaugurates Third Office in India for Clinical Research
U.K.-based and global data-focused clinical research organization Quanticate opened a new office in Mumbai. The site will complement Quanticate’s existing offices in Bangalore and Hyderabad and will deliver statistical consultancy and statistical programming services to pharmaceutical, biotechnology, and medical device companies across the globe. Alan Morgan, chief operating officer at Quanticate said, "By expanding...
Reckitt Benckiser to Enter Health-Food Segment in India
Berkshire, U.K.-based Reckitt Benckiser, that specializes in health and home hygiene products, is keen to expand its consumer health business in India through acquisitions, said Rakesh Kapoor, the company's CEO. The consumer healthcare market in India was worth close to $4 billion in 2017 and is expected to reach $5...
BP to Partner with India's Reliance for Fuel Retail
London U.K.- based oil company BP plc will partner with India's Reliance Industries Limited to jointly set up as many as 2,000 gas stations ("petrol pumps") in India over the next three years. On his visit to India, Bob Dudley, CEO, BP said, "Our partnership with Reliance is great, we just...