Niwot, CO-based Crocs launched its 109th store in the state of West Bengal in India. The company is becoming India’s top non-athletic casual footwear brand, and India is currently the 6th biggest market for Crocs globally with a double-digit growth year-on-year. Deepak Chhabra, CEO and managing director, Crocs India,...
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...
India's Seafood Exports to Grow 20% in FY18
India's seafood exporters expect that exports will grow over 20 percent in FY18 after sales figures touched an all-time high of $5.78 billion in FY17 when USA imported 1,88,617 tons of Indian seafood -- a growth of 22.72 percent in quantity from the previous year. "With exports to U.S. setting...
India's Shrimp Industry Shows Steady Growth
India’s export of shrimp was 382,959 tons in Calendar Year 2015, up 9.8 percent from the previous year India’s cultured shrimp production in the year ending March 2015 was about 426,500 tons, up 30 percent from the previous year (Figure 1). From 2005 to 2015, shrimp production has grown at...
India to Acquire 6 Additional C-130J Aircraft in 2017
Lockheed Martin will deliver the next batch of C-130J transport military aircraft to the Indian Air Force in 2017, Abhay Paranjape, Business Development Director of C-130 said at a press conference on the side lines of DefExpo 2016, the ninth in the series of biennial Land, Naval and Internal Homeland...
Thailand's Five Star Chicken to Invest $500 Million in India
Charoen Pokphand, a Thailand-based group that owns the Five Star Chicken quick-service chain of restaurants, will invest $500 million in its India division in an effort to double its annual revenue reports GlobalMeatNews. Sanjeev Pant the vice president of India operations explained that 30% of the 500 million will be...