Press release from Business Wire India
Source: Euromonitor International
Wednesday, September 07, 2011 02:17 PM IST (08:47 AM GMT)
Editors: General: Consumer interest, Economy, Environment; Business: Advertising, PR & marketing, Business services, Publishing & printing
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Euromonitor International Opens their Doors in India
Namaste India- says Euromonitor India, as it opens a new subsidiary in Bangalore, India
Bangalore, Karnataka, India, Wednesday, September 07, 2011 -- (Business Wire India) -- Market research company Euromonitor International, announced the opening of a new subsidiary in Bangalore today. The office will research Indian consumer markets and give the company closer access to its client base in the sub-continent. Robert Senior, Executive Chairman, says "India is currently the second fastest growing economy and is set to surpass China by 2015. Many of our clients in India are seeking to expand internationally and many foreign multinationals are keen to do more business in India- it makes sense for us to be there".
Euromonitor has grown from a London-based company into a global operator, with over $100 million in revenues, and 11 offices worldwide. The company provides in-depth market research data and analysis across 100 countries. Senior says that the company is conscious of the rich seam of highly qualified research staff in India, but does not intend to research global markets from the Indian office. "All our research is conducted in-country and this will continue. But the Indian operation will enable us to meet the needs of our local clients more readily and further expand our Indian research expertise".
Euromonitor chose Bangalore because of its good infrastructure and international communications, as well as its access to a strong local workforce. It will retain a small sales operation in Mumbai and already has research associates in the leading cities.
About Euromonitor International
Euromonitor International is the world's leading provider for global business intelligence and strategic market analysis. We have more than 39 years of experience publishing international market reports, business reference books and online databases on consumer markets.
We deliver market research solutions to support strategic planning for today's increasingly international business environment. Our research offers in-depth market analysis on consumer goods and services industries worldwide, as well as economic, demographic and socio-economic data and insight on countries and consumers.
Euromonitor International is headquartered in London, with regional offices in Chicago, Singapore, Shanghai, Vilnius, Santiago, Dubai, Cape Town, Tokyo, Sydney and Bangalore, and has a network of over 800 analysts worldwide.
CONTACT DETAILS
Divya Sangameshwar, Regional Communications Executive, Euromonitor International, +65 6429 0590 ext. 648, divya.sangam@euromonitorintl.com
KEYWORDS
CONSUMER, ECONOMY, ENVIRONMENT, MARKETING, BUSINESS SERVICES, PUBLISHING
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