A country that remained very poor and isolated from the international economy until the 1990s, suddenly became a global center for leading edge, information technology industries.
More than 98% of this industry is estimated to be unorganized with many players having as few as one, two or three cars.
“Imparting skills goes a long way in formalizing the labor economy. It leads to a change in the workers’ demographic profile and helps them settle into a long-term occupation, thus reducing frictional unemployment,”
India has experienced a steady rise in funding sources for nascent companies.
But even as e-commerce is gaining traction in India the buzz is growing around mobile transactions.
Does It Stack Up
“It is very early days to tell whether these acquisitions are a success or not,”
We foresee India as a market with huge potential which is re-enforced by Indians’ traditional love for spices.
Indian business books about Indian businesses typically describe idiosyncratic conditions that apply only to India, which is not very useful as learning material for conducting business in developed economies.
India has been no stranger to branded luxury. The shopping lists of Indian royalty are still remembered long after princely titles have been
Chidambaram has ushered in a new wave of reforms and some of the anti-FDI moves of his predecessor — and now president Pranab Mukherjee — have been watered down.
“India does not seem to have a culture or a model for philanthropy at a national level,” says Kela. “I do believe that we should look at successful global models and adapt them to our needs and tax structures rather than reinvent the wheel.
The primary health care sector in India is around $39 billion in size but is highly fragmented.
India will exceed every major European market like Germany, France and the U.K. in automotive sales and become the fourth-largest auto market by volume in the world.
Half a century ago, there was only one answer to the question of India’s growing population. In a 1967 book titled Famine 1975!:
The density of business in Emporio is in its nascent stages and another factor is the comparatively high costs of rentals.”
The demand for various exotic cuisines and their ingredients have increased so tremendously that everything is now easily available in India across various supermarkets and departmental stores.
The consumer insights that come from analytics give a competitive advantage to firms that use them strategically.
It is also necessary to develop trust. The name and the aura of an American brand are necessary to get the first customers in. But after that, they could well call themselves Jumpin Coconuts, for all the customer cares.
"Brain drain is a European phenomenon. It’s an Indian phenomenon. It’s a Chinese phenomenon. It’s not an American thing. We don’t have brain drain in America."
India Inc. eyes targets abroad.
Whatever the definition of affordable housing, no one disputes that there is a huge shortage in this segment. A report by global property management firm Jones Lang LaSalle (JLL) points out that according to MHUPA, the shortage of urban housing in India at the end of the 10th Five-Year Plan (2002-2007) was around 27.1 million dwellings to serve 66.3 million households.
Using innovative, low-cost solutions to provide safe drinking water in India.
“Indians are a lazy bunch,” laughs Goyal. “So we wanted to create something very close to their physical world. While menupages.com has menus in [a] standardized format, we scanned the actual menu cards and then put them up.”
India's base of unique Internet users has grown rapidly, reaching 120 million and expected to expand to more than 350 million by 2015. India’s unique mobile subscriber base is 600 million.
Global Yogurt Franchises Attempt to Brand a Homemade Indian Staple
The women who have been educated at MDBS have little in common with the well-heeled students in MBA programs around the world. They are an eclectic mix of ages ranging from 19 to 50. They include a potter, a spice and noodle maker, a seamstress, a goat and sheep herder, a farmer, a homemaker and a bangle vendor.
It’s hard to shake the past — particularly when the past was more profitable.
So far, Indian firms have been below the radar. But now that they are bigger, and also visible thanks to the politicians going after them, the lawyers are moving in.
Spread over three days and across sprawling grounds, the wine festival offered Bangaloreans an opportunity to understand the basics of wine, varietals, wine tasting and food pairing. There was also grape stomping, musical concerts, a fashion show, a display of vintage automobiles, a flea market and food stalls.
“There’s a huge, unmet health care need in our rural hinterlands. The challenge is to make health care affordable for the masses....”
Education can be the only leveler. It is the means to bridge the huge divide that exists between religious groups, castes and regions.
Education can be the only leveler. It is the means to bridge the huge divide between religious groups, castes and regions.
When you have nothing to show — no product, no customers, nothing — you have to do something.You have to sell your dream.
A new manufacturing policy seeks to turbocharge Indian manufacturing.
"Immediately, the sights, smells and sounds just hit you. I’ve done a lot of traveling in my life, [but] nothing really compared to the entirely different world that India is."
"There is a graveyard full of similar companies that did not get pricing, seeding and subsidizing decisions right."
Critics ridicule the project as a cheap publicity stunt.
Nearly half of America’s top 50 venture-funded companies have immigrant founders, and Indians top the list.
Dow owns Union Carbide, the company that owned and ran a pesticide plant in Bhopal, where a gas leak in 1984 killed thousands of people in the world’s worst industrial disaster.