This year, India overtook Germany to become the world’s fourth largest vehicle market, as per sales volumes. Commercial and passenger vehicle sales in the country grew 8.3 per cent last year to 3.99m, overtaking the 3.74m of sales in Germany. According to industry forecasts, by 2021, India will get ahead of Japan and become the third largest market for vehicles. As things stand, the domestic automobile industry contributes more than 7% to India’s GDP, and the Automotive Mission Plan 2016-26, seeks to boost this contribution to 12 per cent.
Advantages of Investing In India and Key Hubs For Business: A Guide for International Firms
More than half of all global economic growth is now driven by emerging markets like Brazil, China, India and Russia. For foreign players, investments in BRIC countries have also offered some of the most spectacular returns over the long-term. India, in particular, remains a premier destination for global businesses as it has managed to stay ahead of China and retain the tag of the world’s fastest-growing large economy. It has also significantly improved its ranking along the ease of doing business index by leaping 23 ranks to occupy 77th position, worldwide.
How Intercultural Training Can Improve Productivity Within Your Organization
Doing business in a new culture can be daunting. How can your organization stay ahead of the curve and ensure that your company is a part of this global workforce? In this post we will take a look at some intercultural differences that need to be addressed.
A Calendar of Indian Trade Shows Worth Attending in 2019
A compiled a list of the most important trade shows, categorised by sector, which are coming up in 2019. Mark your calendars…
How Arsha Consulting helped a 40-year-old French engineering firm find a partner in India
Ametra Group, formerly Deroure, is a French firm offering design and integration of mechanical, electrical and electronic industrial equipment for the aeronautics and space, defense, energy, medical and railway sectors. They approached Arsha Consulting for some expert guidance on finding a suitable partner firm in India, specifically in the aerospace and defense sector.
Indian Textile Industry: A Quick Snapshot
India's textile industry is one of the largest contributors to the country’s exports, accounting for nearly 13%. It is a labour-intensive sector and employs about 45 million people directly, and 25 million people indirectly.
Cracking the Indian aviation market – be in the right place, at the right time
Highlighting the opportunities the Indian aviation sector presently offers and laying the groundwork to answer the following question: How can French-speaking businesses, including SMEs, take advantage of this highly promising environment?
Building a joint venture in India as a foreign enterprise
A quick look at the pointers for foreign companies considering the possibilities of a joint venture with an Indian enterprise.
IKEA's Custom Retail Strategy for India - Part 2
This is the concluding part of a two-part story on how IKEA is armed with knowledge designed to woo the Indian customer, as it readies to open the first of its megastores in Hyderabad.
How IKEA is Customising its Retail Strategy to Appeal to Indian Customers - Part 1
Taking a look at how IKEA is armed with knowledge designed to woo the Indian customer, as it readies to open the first of its megastores in Hyderabad.