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shankar besta

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Partnership with Reliance Retail will help ASOS to further tap into the lucrative Indian fashion market, says GlobalData

Following today’s news that ASOS is partnering with Reliance Retail in India; Pippa Stephens, Senior Apparel Analyst at GlobalData, offers her view: “Joining forces with Reliance Retail to boost its own-brand proposition in India will allow ASOS to better cater to the preferences and styles of local consumers, due to Reliance’s extensive expertise in the […]
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India to lead pipeline transmission projects count in Asia through 2028, says GlobalData

India is set to dominate the number of trunk/transmission pipeline projects that are expected to start operations in Asia during 2024-2028, contributing about 43% of the region’s total projects count by 2028, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “New Build Trunk-Transmission Pipelines Projects by Development Stage, Regions, Countries, Project Type […]
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Rising image consciousness among consumers draws international celebrity beauty brands to India, says GlobalData

The omnipresence of social media is driving consumers to be increasingly image-conscious, embracing the so-called digital narcissism popularized by celebrities and influencers on platforms such as X, Facebook, and Instagram. In a recent GlobalData survey, 31% of Indian respondents stated that social media is an essential influencer of a purchase decision*. As such, the Indian […]
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Indonesia’s move to introduce non-halal labeling for cosmetics will help consumers make informed purchase decisions, says GlobalData

In a country where a majority of consumers prefer halal-certified food, drinks, and cosmetics, the government’s call for cosmetics brands carrying non-halal ingredients to have appropriate labeling will make it easier for Indonesians to buy products according to their preference, says GlobalData, a leading data and analytics company. Meenakshi Haran, Consumer Lead Analyst at GlobalData, […]
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Chips industry may not be fit for purpose by 2030, says GlobalData

Next-generation chips represent the next frontier of semiconductor technology, incorporating advancements in design, materials, manufacturing process, performance, and packaging. As computing tasks become more demanding and data-intensive, next-generation chips promise faster speeds and better energy efficiency. However, the chips industry faces significant technological, supply chain, and geopolitical challenges, which will only intensify over the next […]
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Consumer inclination to balance convenience with sustainability fuels packaging innovations in Vietnam, says GlobalData

The return to normalcy after the COVID-19 pandemic also brings back long commutes and hectic workdays for consumers, who increasingly seek food & drinks in convenient and easy to use formats. Furthermore, growing eco-conscious consumerism is spurring opportunities for brands to use innovative packaging, says GlobalData, a leading data and analytics company. Meenakshi Haran, Lead […]
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Three BiTEs set to disrupt relapsed/recurrent multiple myeloma space with $9 billion sales by 2030, says GlobalData

Recent developments in the field of bispecific T-cell engagers (BiTEs) have led to the approval of three therapies for relapsed/recurrent multiple myeloma (RRMM): Elrexfio (elranatamab) developed by Pfizer, Tecvayli (teclistamab) and Talvey (talquetamab) developed by Johnson & Johnson. Clinical data of the three have been surprising, surpassing previously anticipated response rates. With an ever-growing number […]
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Network APIs gain traction but telcos risk being left behind with regulation and standardization challenges, says GlobalData

2024 has finally seen Network Application Programming Interfaces (APIs) gain commercial traction for both mobile and fixed networks in multiple markets across the globe. Mobile network operators across Europe, Asia, and the Americas have latched on to the GSMA Open Gateway’s antifraud APIs, with strong interest from businesses already being reported. However, these are early […]
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APAC automotive active and passive safety systems market to expand at 2.6% CAGR over 2023-28, forecasts GlobalData

The increased prevalence of automotive active and passive safety systems can be attributed to an array of factors, including a heightened awareness of safety concerns among consumers and government regulations aimed at improving safety standards. Against this backdrop, the active and passive safety systems market is forecast to post a compound annual growth rate (CAGR) […]
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Advancements in AI and telehealth transforming remote surgical assistance, says GlobalData

Surgical innovation has made significant advancements thanks to telehealth and artificial intelligence (AI). Issues like the lack of physicians and the provision of healthcare in underprivileged areas can be addressed with the aid of remote surgical assistance. With the integration of AI into telehealth systems, remote surgical assistance is undergoing a transformation to enhance patient […]
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Chinese companies lead ADC development pipeline, reveals GlobalData

Antibody drug conjugates (ADCs) are a rapidly growing therapeutic class, and Chinese companies are leading the ADC trend, accounting for half of the top 10 developers as they seek to capitalize on potential returns. The significant level of Chinese innovation and presence within the new cancer therapy space underlies the country’s emergence as a key […]
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