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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

Supply disruption scares and price hikes wakeup call for India to reduce dependence on China for APIs, says GlobalData

The impact of the coronavirus (Covid-19) outbreak on industries ranging from technology to automotive has been the subject of intense analysis in the recent months. This has exposed dependence of India on China for its active pharmaceutical ingredient (API) requirements. For India’s pharma industry, which is staring at a probable supply chain disruption of APIs, […]
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Indonesia’s life insurance business seeks foreign investment to bridge capital requirements, says GlobalData

The recent move by Indonesia to relax foreign investment cap will help infuse capital and address the ongoing challenges the domestic life insurance companies are facing, says GlobalData, a leading data and analytics company. According to GlobalData, the Indonesian life insurance industry, in terms of gross written premiums (GWP), grew from IDR101.5 trillion (US$8.6bn) in […]
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Lipaglyn gives Zydus Cadila first mover advantage in lucrative NASH market, says GlobalData

Following the recent news that The Drug Controller General of India (DCGI) has approved Zydus Cadila’s new drug application (NDA) for Lipaglyn (saroglitazar) for treatment of Non-Cirrhotic, Non-Alcoholic Steatohepatitis (NASH) in India; Nag Madhavi, Healthcare Analyst at GlobalData, a leading data and analytics company, offers her view: “Lipaglyn, which is a novel first in class […]
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Mobile data services and fixed broadband to drive telecom service revenue growth in Philippines through 2019-2024, says GlobalData

The total telecom and pay-TV services revenue ($US) in the Philippines is set to grow at a compound annual growth rate (CAGR) of 4.09% between 2019 and 2024, mainly supported by the rising adoption of mobile data and fixed broadband, says GlobalData, a leading data and analytics company. According to GlobalData’s Fixed Communications, Mobile Broadband […]
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Electric vehicles most discussed theme among automotive influencers on Twitter in Q4 2019, reveals GlobalData

Electric vehicles (EV) has emerged as the most discussed theme on Twitter among the world’s leading automotive influencers, with more than 100% quarter-on-quarter (QOQ) growth in tweet volume during Q4 2019, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Vehicle Manufacturers Influencer Platform, which tracks the industry experts from automotive […]
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Vietnam’s e-commerce market to surpass US$17bn in 2023, says GlobalData

Rising Internet and smartphone penetration coupled with a large young population will propel Vietnamese e-commerce market. It is project to grow at a compound annual growth rate (CAGR) of 16.3% from VND218.3 trillion (US$9.4bn) in 2019 to VND399.5 trillion (US$17.3bn) in 2023, according to forecast from GlobalData, a leading data and analytics company. GlobalData’s latest […]
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Up-skilling workforce crucial to arrest job losses due to automation across ASEAN, says GlobalData

In the high growth ASEAN countries (Cambodia, Indonesia, the Philippines, Thailand and Vietnam) more than 50% jobs are vulnerable due to automation in the long run. As a result, up-skilling the workforce becomes a pre-requisite for strong, sustained and balanced growth of the economy, says GlobalData, a leading data and analytics company. The traditional educational […]
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Singapore card payments to reach US$116bn in 2023, says GlobalData

Singapore is a mature payment card market with the average Singaporean holding more than three cards. Boosted by the government’s push towards a cashless society, growing consumer awareness and improving payment infrastructure, card payments in Singapore is set to grow from S$111.9bn (US$82.1bn) in 2019 to S$158bn (US$116bn) in 2023, according to GlobalData, a leading […]
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Cipla’s digital initiatives in respiratory space can be an exemplar for other leading Indian pharma companies, says GlobalData

Digital marketing in pharma is gaining increasing importance in recent times and Indian multinational pharmaceutical company Cipla Limited can be termed as a pioneer in this space from the Indian market perspective as it has successfully used a digital strategy to promote disease awareness and grow leadership position in asthma, says GlobalData, a leading data […]
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Phased manufacturing program will open opportunities for domestic and foreign medical device makers in India, says GlobalData

India’s plan to initiate a phased manufacturing program (PMP) to reduce import dependency will open opportunities to domestic and foreign medical device manufacturers in India, says GlobalData, a leading data and analytics company. The company’s report, ‘X-Ray Systems – Diagnostic Imaging Market Analysis and Forecast Model’ reveals that the Indian X-Ray systems market, which accounted […]
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New and facelift model launches in India unlikely to significantly increase vehicle sales in March, says GlobalData

Following the news that India’s domestic automotive sales continue to decline in February 2020; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The Indian automotive industry showed no sign of recovery in February 2020 as the year-on-year (YoY) domestic sales volume across passenger vehicles, commercial vehicles […]
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Innovations in CAR-T therapies across APAC will make global market more competitive, says GlobalData

There are currently 445 chimeric antigen receptor (CAR-T cell) therapies under development by companies headquartered across the Asia-Pacific (APAC) region. With research in progress and increased understanding of cancer biology, the new therapies are expected to make the global market more competitive and cost effective, says GlobalData, a leading data and analytics company. GlobalData’s research […]
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Dental CAD/CAM materials market in India poised for 14.4% growth in next five years, says GlobalData

The dental computer-aided design/computer-aided manufacturing (CAD/CAM) materials market in India is expected to grow at a compound annual growth rate (CAGR) of 14.4% from US$157.7m in 2020 to reach US$309.5m in 2025, according to GlobalData, a leading data and analytics company. The company’s report, ‘India CAD/CAM Systems and Materials Market Outlook to 2025’, reveals that […]
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