Innovative Razor creates surprising avalanche
In 2010, Procter & Gamble launched the new razor “Gillette Guard.” The razor is priced at $0.34 while the blade costs $0.11. In order to come up with the new product, a team from Procter & Gamble was sent to India to conduct ethnographic research such as in-home visits and test shaves. The main goal [...]
Read Full PostMay 21, 2013 No Comments
Labor costs in China are rising
According to an article on EMSnow.com, labor costs in China are rising fast due to pressure from human right organizations but also from government regulations to avoid social unrest and rising middle class expectations. CBA forecasts that the costs might keep increasing in the next two or three years. According to the article, electronics manufacturing [...]
Read Full PostMay 16, 2013 No Comments
Mumbai sixth in Billionaire Count
According to a study by WealthInsight, Mumbai takes the sixth position of the world’s top cities with the maximum number of billionaires, with a count of 26 billionaires. New York tops the list with 70 billionaires, followed by Moscow with 64 and London with 54. Los Angeles counts 19 billionaires which place the city at [...]
Read Full PostMay 16, 2013 No Comments
Moet grows wine grapes in India
According to an article posted on Decanter, Moet-Hennessy (a world leader in Luxury with over 60 prestigious brands in perfume, jewelry, wine and fashion) is willing to release a domestic sparkling wine in India. According to Cathryn Boudiak, Brand Manager for the company, 19 hectares of seeds were planted in 2011. She also said that [...]
Read Full PostMay 16, 2013 No Comments
Top Asia Pac investment destinations
According to the FDi report 2013, here are the five destinations which were preferred to invest in Asia-Pacific in 2012. As you can see, China is the favorite country for FDI, quickly followed by India with a number of projects reaching 704. In total, the region of Asia-Pacific has attracted 3,740 projects with a 31.7% [...]
Read Full PostMay 10, 2013 No Comments
