The Weekly News Update is a weekly roundup of business news from around the Asia-Pacific region, covering Fusion Consulting's core industry practices: chemicals, consumer & retail, financial services, industrial & logistics, information & communication technology, life science and media & leisure. If you have colleagues or friends who may be interested in subscribing, please forward this email to them and copy
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In the news this week  l 10-Apr-08
Beverage firms in India focus on fruit drinks, target teens 


Growth in the fruit drinks segment has been accelerated by increased consumption by teenagers in the last two years. Leveraging the market opportunity, soft drink concentrate maker Rasna has launched a ready-to-drink fruit concentrate called Fruitplus, targeting teenagers above 15. Packaged drinking water maker Sabols Foods also plans to foray into the fruit juice market while CavinKare has entered the fruit drink segment by acquiring 100% of MAA Fruits.

The Rs72 billion (US$1.8 billion) carbonated drinks category is expected to face the heat of rising competition from the fruit drinks segment. Even the cola giants are now focusing on non-cola drinks. Coca-Cola has set up another manufacturing facility in India that will manufacture its fruit juice drinks of Maaza and Minute Maid while PepsiCo rolled out its fruit drink Tropicana Twister nationally in March 2008. Both are targeting the 18 to 29 year age group.

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Chemical
China - Weak shoe sector hits adipic acid
India - Essar plans polypropylene plant
India - Narendra Plastic to invest in two units

Consumer & retail
India - Rasna eyes ready-drink market
Japan - Kirin keen to buy Aussie milk processor
Singapore - Wyeth to expand milk products plant



 
Financial services
Hong Kong - Hong Kong and Dubai sign Islamic finance pact
India - PNB to go solo in credit cards
Korea - Insurers up capital to boost market share



Industrial & logistics
Hong Kong - Barloworld buys Flynt
India - Auto industry sees double-digit growth in FY 2007-08

Korea - Siemens solidifies security in takeover


Information & communication technology  
China - Microsoft eyes doubling mobile sales in the mainland
India - Incentives for the semiconductor industry draw seven proposals
Singapore - Motorola closes handset plant; may sell the business altogether


Life science
Asia - India overtakes China in clinical trials
India - Rural pharma the next engine of growth
India - Pharmaceutical M&As see unhealthy decline


Media & leisure
China - Media revenue to reach US$79 billion in 2008
India - Trai to put ceiling on channels' DTH rates
Singapore - Government Won't put price cap on pay-TV services


Previous issues

Banks target Asia's wealthy [4-Apr-08]
Foreign investors unfazed by Vietnam's economic difficulties [28-Mar-08]
India's chemical sector benefits from China's cut in export rebates [21-Mar-08]
Foreign game makers accelerate Asian drive [14-Mar-08]
Asian players withdraw from fiercely competitive Chinese handset market [7-Mar-08]
India to exploit nutraceuticals [29-Feb-08]


Visit our website to sign up for free intelligence on Asian markets. 


Best regards,

The Market Monitoring Team
Fusion Consulting
http://www.fusionc.com/marketupdate.htm

This Weekly News Update is a free newsletter, providing a round-up of the week's Asia-Pacific news from our core industry practices. If you have colleagues or friends who may be interested in subscribing, please forward this email to them and copy knowledge@fusionc.com .

Fusion Consulting is a business intelligence consultancy providing clear strategic advice on Asia-Pacific markets. With offices in Shanghai, Singapore and Hong Kong and over 400 industry consultants in 16 countries, we conduct custom research and consulting to help companies understand their markets, compete more effectively and grow into new areas of opportunity. Email
more@fusionc.com or visit www.fusionc.com for more information.



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