India's stock market edged past the equity market of Germany -- Europe’s largest economy -- for the first time in seven years, according to data compiled by Bloomberg. India’s positive returns this year is due to companies’ reliance on domestic demand which enabled them to avoid the meltdown in other...
India to Fuel Smartphone Shipments in 2019
Shipments of smartphones are expected to rebound, returning to low-single-digit growth in 2019, according to market research firm International Data Corp. (IDC), which noted that India is one of the key markets that will boost shipments. "India is one of the few markets that has not hit maturity and still...
OnePlus to Make India a Global Talent Hub
Shenzhen, China-based smartphone manufacturer, OnePlus, launched its R&D center in Hyderabad, India, its fourth after Shenzhen, Taiwan, and the U.S. On the occasion, OnePlus co-founder and CEO Pete Lau said, "We are looking at India as a global talent hub for the company. The idea is to have a long-term...
U.S. Almond Farmers Face Drop in Demand
The U.S. dominates the global almond market, accounting for just under 80 percent of production and 70 percent of the export market. However, after U.S. almonds were targeted by leading importers China and Turkey as retaliation against Washington’s steel and aluminum import duties, the price of almonds fell 14 percent...
India Predicted to Occupy Fifth Spot Globally in Manufacturing by 2020
Research by U.K.-based RS Components into the Manufacturing Capitals of the World reveals countries that are predicted to drop in rankings while others are expected to increase their positioning significantly. The United States is predicted to peak in 2020 and become the manufacturing capital of the world. The U.S. continues...
China's Sungrow Inaugurates Production Facility in India
Inverter solution supplier for renewables, Sungrow Power Supply Company Limited, launched a manufacturing facility at Bangalore, India. The facility, the first of its kind outside of China, has an annual production capacity of 3 GW of central and string inverters for its clients in India, the U.S., Europe, Japan and...