A report from PricewaterhouseCoopers said global retailers as well as consumer-product companies have growth opportunities in Asia, which has remained relatively buoyant during the economic downturn. "For global retail [and] consumer companies, Asia continues to be the centre of economic gravity. Most major retail and consumer brands plan to increase their presence in Asian behemoths of India and China," said N V Sivakumar, India consumer and industrial products leader at PwC.

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