We are aiming at $60 mn worth of sales from India over 3 years: Capdase
Manishika Miglani The rise in the sales of smartphones, especially in developing economies, led to a corresponding rise in global mobile accessories market which is expected to grow at a CAGR of 6.17 per cent between 2016 and 2020. Capdase, a global pioneer in mobile accessories, is all set to tap this opportunity with a market presence in over 45 countries. Eyeing India as its next biggest export market, the company recently joined hands with YMS Mobitech, an app-based e-distribution company in the country and plans to capitalise on its network of 11,262 retailers and 361 distributors spread across 383 cities. Stanley Chu, Founder and Director, Capdase and Ajay Laddha, Co-founder, YMS Mobitech spoke to The Dollar Business (TDB) about inking this partnership ...
FDI inflows to India doubled to reach $59 bn in 2015: UNCTAD
The Dollar Business Bureau Foreign Direct Investment (FDI) flows to India nearly doubled to reach around $59 billion in 2015, thanks to several steps taken by the government to improve the investment climate in the country, a United Nations trade body has said. According to the report titled 'Global Investment Trends Monitor' released by the UNCTAD (United Nations Conference on Trade and Development), Asia remained the largest FDI recipient region in the world, accounting for one third of global FDI flows. “In 2015, FDI inflows to developing Asia rose by 15% to an estimated $548 billion, a new record,” the report said, adding, “FDI flows to India nearly doubled, reaching an estimated $59 billion. Measures taken by the government to improve ...
Developed nations must come up with pre-2020 action plans on climate change
The Dollar Business Bureau In view of the upcoming Paris Conference 2015on climate change, India urged the developed countries to announce their pre-2020 action plans saying, ‘It will be ironical that we formulate post-2020 architecture without finalizing pre-2020 action plan.’ A statement in this regard was made by Prakash Javadekar, Minister for State (Independent Charge) of Environment, Forest and Climate Change, on Monday. Addressing the Sixth Petersberg Climate Dialogue at Berlin, the Indian Minister said, “The developed countries should present their ambitious targets for pre-2020 action and roadmaps for the same well before Paris.” Ambitious pre-2020 actions of developed countries will create the carbon space for the developing world, as every poor person has the right to equitable access ...
