It took 33 years for India to increase its per-capita annual income from $100 to $500, but only five years to double it from $500 to $1,000. It’s not surprising then, that Indian industry reported huge rises in sales in June: cars (34 per cent), refrigerators (32 per cent), air conditioners (50 per cent) and [...]
Posted on August 28th, 2010 by Gunjan
With 2009 sales of just about $2 billion, India’s state-owned Hindustan Aeronautics Ltd, moved up seven ranks to #41 on the Defense News Top 100 list of companies this year. The other Indian company on the list also moved up, twelve ranks from #74 to #62. State-owned Bharat Electronics Ltd, had 2009 sales of $916 [...]
Posted on July 1st, 2010 by Gunjan
Recent volatility in currency exchange rates accompanied with spiraling debt crises in Europe are instigating some fear and worry that a feeling of paranoia may overtake investors. Although the impact may be felt by some U.S.-based companies with outsource partners on the Indian subcontinent, those that spread costs throughout different exchanges such as Euros, British [...]
Posted on June 10th, 2010 by Gunjan
Telecom equipment maker ZTE, one of the bigger players in the global 3G space, with $9 billion in global sales, is ready to invest $100 million into its Indian subsidiary, ZTE India. The funds are expected to come to ZTE’s Value Added Services Software Development Center in Bangalore which houses 140 technical staff and is [...]
Posted on April 10th, 2010 by Gunjan
Before he got a mobile phone seven years ago, Vijay Navle, a small Mumbai fish trader, spent much of his time and scant income travelling on buses and trains, according to the Financial Times. Every day, he would make the five-hour round trip to visit fishermen living on the Arabian Sea on the north of [...]
Posted on January 28th, 2010 by Gunjan
A tablet device named Adam, designed by Notion Ink a startup, located in Hyderabad India, is capturing a tremendous amount of buzz in the lead up to the Consumer Electronics Show (CES) in Las Vegas next week. Based on Google’s Android operating system. Nvidia’s new Tegra chipset and the Pixel Qi new low-power display, the [...]
Posted on January 2nd, 2010 by Gunjan
“Aditya,” the lunar probe from India’s first unmanned moon mission Chandrayaan-1 has landed on the moon and started sending its first images. Its landing on the Moon’s South Pole at 7:10 Pacific Time was aimed to kick up some dust, which instruments in the craft will analyze. It has already started sending images to the [...]
Posted on November 14th, 2008 by Gunjan
