Promoting India Latin America Collaboration

India’s Ybrant Digital acquires Argentine

May 4th, 2009 Posted in Argentina, India, M&A, Media and Entertainment
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 Business Standard

Ybrant Digital, a Hyderabad-based provider of digital marketing solutions, has acquired dream ad, an Argentine advertising network company, in all all-cash deal for an undisclosed sum.

The acquisition, its fifth so far, will give Ybrant access to the Latin American region by adding four more countries – Argentina, Chile, Uruguay and Mexico – to its global footprint, bring dream ad’s 39-strong headcount and 300 active clients into its fold, and help Ybrant better represent its publishers and their global traffic.

“dream ad is the exclusive sales house for Microsoft Advertising in Latin America. Besides, it is primarily into banner and keyword search space, which we will be able to leverage by selling our products through those outlets,” Suresh Reddy, chairman and managing director of Ybrant, told mediapersons here on Wednesday.

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Popularity: 18% [?]

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Urban Indians ‘eating out’ more

April 21st, 2009 Posted in Argentina, India
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Since Italian food is quite popular among young urban Indians, Argentina – with its large population descended from Italian immigrants and many of those in the food business, should be considered as source for packaged and frozen Italian foods. More potential to scale up and supply India’s needs for the next few decades.
livemint.com

The Food Franchising Report 2009 added that in India, 30% of working singles eat out at least once a month and a majority of them spend about Rs101-150 per meal.

The report said the trend towards home delivery is also fast gaining popularity. CIFTI-FICCI said that India is one of the few countries where fast food chain McDonald’s has introduced its home delivery service.

Regarding the fast-food segment, it said: “The core customers for fast food are in the age group of 25-35 years. Youngsters (18-20 years) taking up part-time jobs coupled with rising salaries also lead to higher discretionary spending on food.”
The study cited the KSA Technopak India Retail Report 2005, which has revealed that eating out accounts for 11% share of an average Indian’s income, second only to grocery at 41% and above personal care items, savings and entertainment.

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Popularity: 10% [?]

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Nuevo paradigma de relaciones entre India y Argentina

January 26th, 2009 Posted in Agriculture, Argentina, India, IT
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Ambassador Viswanathan writing about the “new paradigm of relations”, in advance of the upcoming Argentine presidential visit to India, which has been postponed in light of PM Singh’s heart surgery. Key takeaway is Argentina with almost the same land area as India (only about 10% less), and population equalling that of Delhi, Mumbai, Kolkata and Chennai is perfectly positioned to meet India’s growing imports of food. Argentina has the land area to feed at least 500 million people.
Columnistas – Perfil.com

El comercio de la Argentina con la India alcanzó los 1.300 millones de dólares en 2008. Las exportaciones argentinas a la India cruzaron el umbral de los mil millones de dólares en 2007.

Empresas indias ya operan en el mercado argentino con inversiones y joint ventures. Seis son del sector de la informática: Tata Consultancy Services (TCS), First Source, Cognizant, Irevna, Cellent y Aaliphta. Emplean a 800 jóvenes argentinos, capacitándolos y preparándolos para el mundo de los negocios globalizados.

Hay dos empresas indias agroquímicas (United Phosphorous Ltd. y Punjab Chemicals and Crop Protection Ltd.) operando en la Argentina. Glenmark de la India está produciendo y exportando drogas oncológicas en las plantas de su subsidiaria argentina Síntesis Química.

ArcelorMittal, la compañía del empresario indio Lakshmi Mittal, adquirió la siderúrgica argentina Acindar y la distribuidora de acero inoxidable Majdalani. Hay una empresa en minería y otra en agronegocios.

De parte argentina, IMPSA, la empresa de ingeniería, ya ha establecido oficinas en Delhi y explora oportunidades en el sector de la energía. Empresas farmacéuticas exportan productos de biotecnología y tienen planes de invertir allí. Empresas argentinas han sentado presencia en el sector de equipos y repuestos de GNC (gas natural comprimido) en la India.

Las principales exportaciones argentinas a la India de aceite de soja y de girasol continuarán aumentando en los años por venir.

Aquí vemos una complementariedad perfecta entre la India, con una numerosa población de más de mil millones de habitantes y recursos territoriales insuficientes, y la Argentina, que tiene apenas 40 millones de personas pero casi la misma superficie que la India.

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Popularity: 47% [?]

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Argentinean biodiesel will get a $900 million boost

January 4th, 2009 Posted in Argentina, Energy
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GreenMomentum –

Despite a drop in global prices for both crops and oil, the Argentinean biofuel industry projections remain optimistic for 2009 as multi-million dollar projects continue to move forward.

Almost 900 million dollars are to be invested in the construction of new biodiesel plants by 2010, as well as in new sugar mill projects designed to position the country as one of the main producers of ethanol in the world.

This figure adds up to 1,200 million if we were to include the 300 million dollars already invested in biodiesel plants already operating in the country.

According to Claudio Molina, executive director of the Argentinean Biofuel and Hydrogen Association, approximately fifteen biodiesel plants have opened, needing a total investment of 282 million dollars since 2006.

These plants have a combined annual production capacity of 1.5 million tons. A significant number of these plants are located in Gran Rosario, Santa Fe province, home to most oil producers in the country.

According to a document published by the Argentinean Chamber of Renewable Energy, by year-end 2008 Argentina’s biodiesel will account for 10% of the world’s production, which will establish the country as the third global producer, with revenue estimated around 1,500 million dollars.

More than 90% of biodiesel exports are destined to the US, even though the final destination may be Europe, which up until November amounted to almost 1 million tons.
Read the rest of this entry »

Popularity: 7% [?]

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India and Latin America: Water Scarcity vs. Abundance

December 30th, 2008 Posted in Agriculture, Argentina, Brazil, India, Latin America, Paraguay, Uruguay, Visualizations
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Per capita m3/year
Water resources compared across India and LatAm's Southern Cone

Source: Aquastat, Year 2005


Popularity: 34% [?]

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LatAm to reach 388 mln mobile lines by end-2008

December 7th, 2008 Posted in Argentina, Brazil, Chile, Latin America, Mexico, Telecom, Uruguay
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Telecompaper

Latin America will reach over 388 million mobile lines in service at the end of this year, accounting for 9.6 percent of the overall mobile lines in service worldwide, according to the Information Society index (ISI) established by consulting firm Everis. Brazil is expected to end the year with 143.2 million phones, Mexico with 76.9 million and Argentina with 44.8 million, which together account for nearly seven of every ten mobile lines in the region.

Mobile networks cover the entire populations only in Uruguay and Chile, while in Ecuador and Colombia they reach 84 percent of the population. Bolivia has the lowest mobile coverage, reaching only 45.9 percent of the country’s population. Argentina registers a higher mobile penetration than population coverage, with 102.2 mobile phones per 100 inhabitants.

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Popularity: 14% [?]

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Argentina stimulates ethanol use in fuel

December 5th, 2008 Posted in Argentina, Commodities
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Before coming to Argentina, I did not even know they produced sugar. Brazil is LatAm’s powerhouse in sugar. Two weeks ago I was in Tucuman, Northern Argentina (Amazingly, Sikhs immigrated to NW Argentina, in the 1910s) – the center for sugar production. I smelled the odor of processed sugarcane while driving down the highway from the various “Ingenios Azucareros” or Sugarcane processing mills. I think that Tucuman province’s potential is underexploited, and there is huge opportunity for Indian sugar companies to invest in that region. Tucuman is the referred to as  “El Jardin de la Republica” – The Garden of the Republic of Argentina. There are farms spreading for kilometers all around with low population density – probably less than 2 per square kilometer. A huge difference from the super densely populated sugarcane-growing regions in Western U.P.

All About Feed

A 2007 law already required Argentines to use a 5% fuel mix of either biodiesel or ethanol starting in 2010. De Vido’s announcement shifts the law in favour of sugar-based ethanol.

De Vido said the move is part of a national biofuels promotion program aimed at boosting the production and use of clean and renewable energy.

The planning minister said as part of this program companies will invest more than $500 million in northern sugar-producing provinces.

De Vido said Argentina will initially produce 300 million litres of ethanol annually but that will rise to more than 600 million a year.

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Popularity: 5% [?]

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Imagine a country the size of India…

November 22nd, 2008 Posted in Argentina, India
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photo by Eduardo Amorim

Limitless possibilities

well almost

with plenty of arable land – providing plenty of fruits, vegetables and grain
with abundant supply of fresh water
with diverse landscapes – from tropical forests to mountains to beaches to glaciers
with beautiful people
where you can thrive in spite of political machinations
and shrug off the financial crisis – been there, done that

but with the population of New Delhi and Mumbai

Imagine…Argentina

What business could you do from here? The opportunities are endless.

Popularity: 3% [?]

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Indian textile firms look overseas for cotton

November 12th, 2008 Posted in Argentina, Commodities, India
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Business Standard

India has also begun importing [cotton] from Argentina, Brazil and the US on account of lower prices. As compared to domestic rates, the imported cotton offers a benefit of Rs 2,000 per bale to these textile companies.

Thanks to a 40 per cent rise in minimum support prices (MSP) for cotton, the domestic prices seem far fetched compared to international prices, thereby tempting textile firms to import rather than source from domestic market. For instance, Ahmedabad-based Aarvee Denim & Exports Ltd. recently imported around 15,000 to 20,000 bales of cotton from Latin America. “The international prices have been so attractive that in our recent import we earned a profit of Rs 2,000 per bale. Apart from high MSP, the recent cut in import duty has worked in our favour,” said Ashish Shah, managing director of the denim major.

Shah added that countries like Argentina and Brazil have been offering cotton at some attractive prices and luring cotton importers across the world.

According to Abhinava Shukla, general secretary of Ahmedabad Textile Mills Association (ATMA), the recent suggestion by textile ministry for farmers to hoard cotton and not jump immediately into sales has also resulted in lower supply of cotton. “With the farmers now hoarding cotton in expectation of better prices, the textile firms seem to have been prompted to import cotton. The benefit from importing cotton rather than buying from domestic market is, however, shortlived since cotton prices may settle down in India soon,” said Shukla.

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Popularity: 5% [?]

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Boutique Wineries, Elite Wine Travels the World

October 19th, 2008 Posted in Argentina, Chile, Food and Beverages
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Event Planner Spain

Small plots of land and a careful grape selection are the first steps that should be taken to produce “boutique wines”, a market in which Latin-American producers have surged ahead of the field in the past years. Even though is not an original idea from the New World, but French, since it emerged two decades ago with the “vin de garage” phenomenon, Chile, Uruguay, Argentina and a good number of other South American countries have penetrated the luxury product market up exporting their best wines to restaurants, wine merchants and the most exclusive hotels in cities worldwide.

Patience, dedication and passion are the attributes needed to create these wines, which are defined by their excellent quality and originality. The production process of these very personal wines starts with small vineyards, which are not expected to have a high yield – quite the contrary in fact – and finding the best grapes for the type of wine in question, which is always unique with its own personality standing out from the rest and difficult to produce, which adds to its exceptionality.

In short, these wines of superb quality, produced on a very small scale, are a great success abroad. Only in Chile, the wine boutique boom has given rise to more than 200 brands, while Argentine boutiques like Altos Las Hormigas, Renacer Winery and Vineyards Altocedro export between 50-90% of their production to countries as disparate as United States, Belgium, Brazil and South Africa, among others.

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Popularity: 7% [?]

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