India has over 400 companies which have the word ‘Reliance’ as part of their company name. It’s the name of India’s largest private sector enterprise. According to a recent report, India loses Rs 1,208 million per annum (approx USD 26 million) due to piracy and the country has 60 Nike, 65 Rolex and 217 Intel fake brands. India has a huge market for counterfeit and pirated products and the Googlle institute is yet another company which tried to get noticed by using a brand’s name. Read more...
Tracking the products, trends and reach of China's local to global tech culture.
DEFINITION: Shanzai [San-zai -alt. sp.Shanzhai] 1. mountain fortress/bandit 2. a vendor, who operates a business without observing the traditional rules or practices often resulting in innovative and unusual products or business models.
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