Weekend reads from India - May 19, 2018 Tweet19 May 2018
- The recipe for winning India’s car market: Japanese innovation with a touch of Indian IT - Maruti Suzuki
Today, this facility, and another at nearby Manesar, roll out over 1.5 million cars every year—at a remarkable rate of one vehicle every 10 seconds. This puts the Indian carmaker in control of around 50% of the country’s passenger car market. It’s nearest rival has a little over 15% share.
- The Richest Indian-Owned Company Is Emerging As A Pivotal Player In India’s Startup Ecosystem (Forbes)
this year will likely prove to be a watershed moment, when India’s most valuable company emerges from the shackles of its image as a petrochemical giant to transcend into one of the most sought-after players in the third largest startup base in the world.
- Walmart’s Big Bet Could Pay Off for India (WSJ)
Marrying Flipkart’s knowledge of the Indian market with Walmart’s grasp of logistics and distribution could create a new challenge to Amazon and boost efficiency across Asia’s third-largest economy. This, then, is the ultimate promise of Walmart’s bet on India. If it pays off, shareholders will benefit. But more important, 1.3 billion Indians will get a powerful reminder that capitalism works.
- WhatsApp Payments runs into trouble with Indian authorities (Factor Daily)
“Facebook does not use WhatsApp payment information for commercial purposes, it simply helps pass the necessary payment information to the bank partner and NPCI. In some cases, we may share limited data to help provide customer support to you or keep payments safe and secure,” the Whatsapp blog said.
Uber-Ola battle shapes future of Indian ride-hailing (Financial Times)
- Artificial intelligence and data analytics in India (Brookings)