In January, at the World Economic Forum in Davos, Switzerland, nine companies in sectors ranging from automobile engineering to steel manufacturing were named as the finalists for the inaugural TIME India Awards that encompassed three categories—Best in Class Manufacturing, Manufacturing Innovator of the Year, and Young Maker of the Year....
India Jumps 16 Places in Global Competitive Index
CNN Money reports that after five years of decline, India has jumped 16 places to 55th in the World Economic Forum's ranking of the most competitive economies. The World Economic Forum releases its Global Competitiveness Index each year, and ranks countries based on a range of factors including technological readiness,...
Indian Economy Poised for Growth Momentum
At the session on "India's Growth Outlook" at the India Economic Summit organized by the World Economic Forum and the Confederation of Indian Industry (CII) on Wednesday, November 6, panelists and experts were of the view that the Indian economy was at a turning point. Though more needs to be...
Medtronic to design low-cost pacemakers for India, China, Bangladesh
With 46 percent of its $16 billion in annual revenue hailing from foreign shores, Medtronic, the world's biggest medical devices company has an ambitious goal to develop new and cost-effective products such as pacemakers for the poor, while simultaneously selling its existing ones to the growing middle classes in emerging...