Engineering Export Promotion Council of India — the apex body for Indian engineering exporters — says that the demand for Indian engineering goods in many of the developed economies and especially in the U.S. has increased sharply. Shipments of engineering exports to the U.S. went up 91 percent to $1.53 billion...
60 Global Food Brands to Set Up Outlets in India
More than 60 global food and beverage brands, including U.S.-based Planet Hollywood and pizza chain Little Caesar's, Singapore-based Sarpino's Pizzeria, Finland's Hesburger, and Dubai-based Ice Cream Lab are planning to enter India, investing an estimated $1 billion and opening as many as 5,000 outlets over the next five years. These...
Regional Languages Drive India's Smartphone Sales Further
With nearly as many smartphone users as the U.S. has people, India is already one of the world's hottest mobile markets, with America's Apple, Korea's Samsung, China's Oppo, Vivo and Xiaomi jostling for market share with Indian brands such as Micromax. India's 300 million smartphone users could grow by more than...
U.S. Invests the Most in India's Startups
According to New York-based CB Insights, U.S.-based investors are the most active foreign participants in India’s start-up ecosystem over the past five years, making over 800 equity deals during the period. In the list of top five foreign investors in India’s technology ecosystem, U.K., with 1% of deals stood at...
India Dominates Online Work Space
The Online Labor Index published by the 'iLabor' project of the Oxford Internet Institute, an affiliate of U.K.'s University of Oxford, notes that India is the largest supplier of online labor. This report analyzed data for the first week of July, and reported that India is followed by Bangladesh, U.S., Pakistan,...
India Has Highest Number of Facebook Users
As of July 13, Facebook reported a total “potential audience” of 241 million active users in India, compared to 240 million in the United States, making India the largest audience country for the social media company. The Next Web says: Facebook has achieved impressive growth in both countries since the...