The global GIS market for geographic information system (GIS) is estimated to have significant CAGR of around 13.1% during the forecast period. The market is mainly driven by the significant adoption of telematics and navigation system in various sectors such as transportation & logistics, retail, agriculture and others. With the technological advancements in the satellite […]
Category Archives: Business
Canada electric vehicle charger market is projected to grow at a double-digit growth rate during the forecast period (2019-2025). The increasing investment coupled with the increasing installation of the new charger in the country tends to drive the regional growth of the market. The Government of Canada has committed to building a clean energy future […]
The UK electric two-wheeler market is projected to grow at a considerable CAGR during the forecast period (2019-2025). Increasing investment by companies is to propel the growth of the electric-two-wheeler industry in UK. In February 2020, the UK government announced ban on the sale of the diesel and petrol vehicles, and electric vehicles to be […]
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Popular soft drink brand Coco-Cola has taken a vital pace towards keeping the environment pollution free. The company will be reducing plastic pollution by replacing their plastic bottles with paper bottles. The first testing of these innovative bottles will be in Hungary, Europe, before launching it out in other countries. The Company Coca-Cola is targeting […]
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The pandemic had hit every country’s economy very badly. Many countries lost their position coupled with the huge economic crisis reported due to the COVID-19. European Union (EU) consist of 27 countries and have a strong position in international trade. At the time of pandemic when the whole world was suffering and was searching for […]
Business, Technology, Top Stories
India Announces Global Hydrogen Mission for Using Hydrogen as An Energy Source
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A National Hydrogen Mission has been announced by India to establish a roadmap for the use of hydrogen as an energy source. The plan has the ability to transform the transport system. In order to harness the energy potential of the most abundant element in the universe, hydrogen, India has traditionally made an uncharacteristically early […]
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Adidas AG, a German sportswear manufacturer brand is planning to sell or spin-off its struggling Reebok brand. Adidas bought Reebok 15 years ago to compete with their arch-rivals Nike. Adidas stated that the company has decided to start the initial process of divesting Reebok as a part of a five-year strategy, that it expects to […]
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TATA group is all set to acquire around 68% stake in BigBasket for INR 9,500 crores as it is planning to expand in the fast growing ecommerce in India. TATA is one of the large conglomerates which has been looking to gain majority control in Bengaluru based BigBasket which handles around 1.2 million orders per […]
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On Wednesday, The Union Government launched the scheme for telecom and networking products over five years. The outlay was for INR 12,195 crores for the Production Linked Incentive scheme (PLI) which will be in operation from April 1, 2021. The aim for the scheme is to make India a global hub for manufacturing telecom equipment and the […]
India’s nutraceutical industry is expected to grow at a 10.3% growth rate during 2020-2026. The key factors that accelerate the growth of the market in the country are rising per capita income, awareness related to health, high prevalence of chronic diseases, and easy availability of nutraceuticals. The Food Safety and Standards Authority of India (FSSAI) […]