India becomes Honda’s No.1 market in Asia Oceania region

India has become the largest market in terms of retail sales for Japanese auto major Honda in the Asia Oceania region in the first half of this fiscal."We have...

Vodafone launches Rs 177 and Rs 496 offers for new customers to counter Jio

Customers who join Vodafone will get unlimited local & STD calls, free national roaming (outgoing & incoming) and 1GB data per day for the first recharge of Rs 496 for 84 days. In another offer, a new customer will get unlimited local & STD calls and 1GB data for 28 days for Rs 177. Vodafone has announced a short-duration plan that offers unlimited calling and 500 MB data at about Rs 69 with 7 days of validity.

Large vacuum to be addressed in air conditioner ownership, with only estimated around 5%...

After enjoying a huge market share in air-conditioning (AC) and refrigeration segment,Blue Star has now forayed into water purifier business, says B Thiagarajan, Joint MD of the company. Company will offer residential water purifiers for the first 6 months, and eventually enter commercial water purifier. Thiagarajan added that residential water purifier markets is worth Rs 4,200 crore and he aims for Blue Star to enjoy market share of 15 percent. Growing at a compound annual growth rate (CAGR), almost 8 million units of water purifier are sold every year, in which electric purifiers form 70 percent of the total unit.

Airtel updates Rs 349 plan; offers 1.5GB per day validity of 28 days

Airtel is offering 1.5GB per day data with unlimited local, STD calls and 3000 text message.However, Reliance Jio is still offering a validity of 70 days with unlimited calls and text messages. Airtel calls are capped at 250 minutes a day or 1000 minutes a week  beyond this  a levy of 10p per min for Airtel to Airtel calls and 30p per min for other network.The offer can be availed by using Airtel's application.

Vision Document projects Indian textile and apparel exports to grow from $39 billion to...

India is the world’s second - largest textile producer after China. It has a large raw material base and Capable of producing a wide variety of textiles and end products. India has one of the most cost competitive textile manufacturing base for all types of products across the entire value chain. Labour cost in India is lower than most of the competing countries except Bangladesh, Ethiopia and Kenya. Although power cost is on the higher side but still cheaper than China and Cambodia. Buyers look at India as the next alternative of China as it offers big domestic market, better adherence to compliance and political stability. Government of India, National Textile Policy, vision Document projects Indian textile and apparel exports to grow from $39 billion to $300 billion by 2025.

IT industry to achieve 11-11.5 percent compounded annual growth rate (CAGR) over the next...

A majority of IT business will come from digital transformation projects in coming years, says C P Gurnani, Managing Director (MD) and Chief Executive Officer (CEO), Tech Mahindra . Gurnani is confident that the IT industry will achieve 11-11.5 percent compounded annual growth rate (CAGR) over the next five years and will meet the 2020 revenue target of USD 225 billion.

India just have 9% share of patented drugs. This shows that Indian Pharma industry...

India has 3rd largest drugs production by volume and 13th by value. It is because of generic drug production India is 3rd biggest manufacturer of drugs. It was one of the few sectors in which FDI in which more than 50% of FDI (Infact 74% of FDI) was allowed from the start. It gave boon to Indian pharma market.India just have 9% share of patented drugs. This shows that Indian Pharma industry lacks innovation in developing new drugs. Thus, India wants to succeed it has to develop and promote innovation and move up the value chain.

India is estimated to have spent over $10 billion on the imports of edible...

According to United States Department of Agriculture (USDA), India’s edible oil has a market size of 20.23 million metric tonnes (MT) in volume (annual consumption) and is valued at over INR 1 trillion. (June 2015 estimates). The national per capita consumption of edible oils and fats is 14 kg per annum, which is substantially lower than the world average of 20 kg per annum. While in developed countries the figure is 35 kg per annum. India’s per capita consumption is expected to increase in future and that too substantially. India is estimated to have spent over $10 billion on the imports of edible oil, making it the third-biggest import item after crude oil and gold.

Leading P2P Platform – Taurus Coin Commences Global Lending

A breakthrough digital solution related to money transaction. Taurus Coin is a kind of digital cash that you can use to make your payment or any money transaction whenever...

TRIGO Boosts “Make in India” Initiative in Aerospace

TRIGO Group has started its aerospace cluster development program in cooperation with the Confederation of Indian Industry to uplift India's small and medium enterprises' quality standards and production. The goal of...

India is a leading exporter of rice, accounting for close to 25% of the...

India is a leading exporter of rice, accounting for close to 25% of the global rice trade. According to All India Rice Exporters Association (AIREA), India exported about 11.9 million tons of rice (basmati and non-basmati) in FY15, an increase of 9.4% from about 10.9 million tons during FY14.

Coal dispatches to power sector rise 18% in October

Coal dispatches from state-run miner Coal India Ltd (CIL) to power sector improved by 18 per cent to 39.9 million tonnes in October, official data showed. The power ministry earlier...