9 U.S. Companies among Top 25 Best Workplaces in India

Based on LinkedIn‘s study of actions, nine American companies are listed among the 25 most desirable companies for employees in India.

Logo of Linked in's Top Companies Where India Wants to Work

At #2 is Amazon: With more than 10,000 employees in India Amazon is rapidly expanding its Prime Video offerings in the country, investing $5 billion in 2016 with plans to double that investment in 2017.

At #3 is KPMG India: This firm operates in 152 countries worldwide. KPMG India has offices in Chandigarh, Gurgaon, Noida, Ahmedabad, Vadodara, Mumbai, Pune, Bangalore, Kochi, Chennai, Hyderabad and Kolkata.

At #7 is Adobe: India is a key innovation hub for Adobe – its biggest R&D location outside of its headquarters. Nearly 30 percent of the company’s research and development is centered in India. “We have probably grown faster in India than anywhere else in the world,” says CEO Shantanu Narayen.

At #8 is Google: The ability to download maps or YouTube clips for offline access, started in India before going global.

At #12 is Accenture: With 140,000 employees in India, Accenture recently opened a new Cyber Center in Bangalore, where clients, Accenture specialists and other industry experts from universities and beyond can uncover the next generation of security solutions and outpace cyber adversaries.

At #13 is Deloitte: In India, Deloitte offers a range of Audit, Risk Advisory, Tax, Consulting and Financial Advisory services across thirteen cities.

At #16 is Cisco: Cisco is moving beyond its core router and switching business into subscription sales and other sources of recurring revenue. These plans require robust hiring.

At #24 is McKinsey & Company: The company’s insights cover many topics from how India’s largest private bank fosters gender equality, to the state of the country’s private equity sector. More than 70 McKinsey India alumni have become CEOs.

At #25 is Oracle: The company has set up nine incubation centers to contribute to India’s booming startup culture and trains 500,000 students every year through the company’s education program.

 

 

May 21, 2017   No Comments

India Contemplates Opening Up Food Retailing

Foreign food retailers may soon be allowed to sell personal care products made in India up to 25 percent of their total merchandise sales. India’s Department of Industrial Policy and Promotion has for the first time endorsed this proposal. The idea behind the move is to encourage “organized” (mass market)  retailers to source goods made in India.

The excerpt below is from an interview that India’s  commerce and industry minister Nirmala Sitharaman had with the Economic Times:

Economic Times: On food retail, are you looking at allowing more products? Could we see some announcement soon?

Sitharaman: There is a lot of discussion on it. We are already talking about what is grown and [can be] value added in India. The food ministry is saying that you would need something more to attract consumers. He would want to buy other things as well, like cosmetics.

The Seattle-based online retailer, Amazon, sought government permission to enter the food retail business in India. It proposes to invest $570 million in over five years to sell third party and its own private-label food articles, sourced and packaged locally. Other applications received by the government in food retail are from Grofers and Bigbasket.

While a political consensus needs to be reached for further opening of the retail sector, the government is also examining the proposal of opening up Foreign Direct Investment for all goods manufactured in India.

Food Retail

May 8, 2017   No Comments

Amazon Launches Fire TV in India

Amazon launched its Fire TV stick in India  with Amazon’s Prime Video India director and country head Nitesh Kripalani and Amazon Fire TV vice president Marc Whitten at the launch. India is the fifth country where the device becomes available after the U.S., U.K., Germany and Japan.

Priced at $62, the Fire Stick stick comes pre-loaded with  Amazon Prime Video and rival platforms, such as Netflix, Fox India’s Star network-owned Hotstar, Viacom18’s Voot and Indian film major Eros International’s ErosNow, among others. Additionally, the device offers access to YouTube, various gaming apps and more, says The Hollywood Reporter.

Amazon Fire TV Stick with Voice Remote

Amazon Fire TV Stick with Voice Remote

Whitten said, “Fire TV Stick also offers data monitoring and other features to help customers in India get the most from their data plan and stream more content using less bandwidth.”

 

 

April 26, 2017   No Comments

Amazon Expands Prime Video in India

Having launched its Prime Video at a lower price than Netflix, Amazon India is now consolidating partnerships to expand its user base in the country. It recently partnered with Vodafone, which, after its merger with Idea Cellular in a $23 million deal, is the biggest telecom company in the country with a customer base of 400 million. Amazon aims to penetrate this user base and also build a competitive edge against Reliance Jio and other Indian service providers that are offering streaming services on mobile phones.

Forbes reports that Amazon India is focusing on local content and targeting smartphone video consumers in India. Mint claims that India is expected to have 650 million internet users by 2020, making it a huge market for video-on-demand consumption.

Amazon Prime Video

Amazon’s strategy of partnering with a telecom operator that can provide 4G services on mobile phones will likely work since the majority of India’s population is not likely to invest in a fast landline broadband connection to view content on large screens.

 

March 20, 2017   No Comments

Amazon Video Ramps Local Indian Content

Amazon has signed a deal for 14 stand-up comedy specials in India which will feature some of India’s top comedians. The hour long specials, made in partnership with the country’s entertainment firm Only Much Louder, will begin streaming in May and will be available to viewers in India and also worldwide across 200 countries, says The Hollywood Reporter.

“We want to change the way customers consume entertainment by bringing this fantastic collection by OML’s best comedy talent to Prime members exclusively and on-demand,” Amazon Prime Video India director and country head Nitesh Kripalani said in a statement.

Amazon Prime Video

In related news, Variety reports that Amazon has also struck a content deal with BBC Worldwide, the commercial arm of the British Broadcasting Corporation, which has agreed to license some 600 hours of library content covering factual and pre-school programming to Amazon Prime Video service in India.

“In the last year or so, we have seen digital consumption in India increase exponentially,” Myleeta Aga, senior vice president and general manager of India, BBC Worldwide, said in a statement.

January 24, 2017   No Comments