E-commerce and clean technology from Dubai, STEM education from Ireland and Chinese monitors as e-sports are captured in Southeast Asia

India as a market is every brand’s dream. Even a 2% market share takeover is huge. Hence we see an inflow of investments from abroad.

Dubai is growing in Indian e-commerce

E-commerce is one of the fastest growing markets in India, steadily expanding its reach beyond metropolitan cities and Tier 2 and 3 areas of the country. It is estimated to be $112.93 billion in 2024 and expected to reach $299 billion by 2029. 01 billion dollars.

In May, Dubai-based Pluugin E-commerce, which has established a strong presence in global markets such as Southeast Asia (SEA), SAARC and the Middle East and North Africa (MENA), expands its operations to India. Plugugin is a borderless e-commerce enabler, helping brands scale their businesses across international borders.

Headquartered in Dubai, United Arab Emirates (UAE) with offices in SEA, SAARC and MENA. The broad range of services includes end-to-end logistics support, supply chain and warehouse management, cross-border payment solutions, market and platform management, risk management and regulation, and data insight and market analysis to provide key market understanding and brand fit.

With this expansion, Plugugin plans to create over 2,100 jobs in the local market over the next 3 years. The company currently operates in 12 states and the company plans to cover 100% of India in the next 12 months. India will also act as a back office for global operations in Bangladesh, Nepal and Sri Lanka.

Aparna Gupta, Founder and Managing Director, Pluugin E-commerce, said: “We truly believe that every brand has the potential to transcend boundaries in today’s e-commerce landscape and we intend to help them leverage it, with a special focus on small and medium-sized businesses. With our strategic entry into the Indian market, we are providing new potential growth opportunities in the e-commerce space, enabling global presence of all ‘Make In India’ brands.

Sustainable Aviation Fuel Projects in India from Dubai

In another investment in Dubai, GPS Renewables, an Indian clean technology company, has partnered with Dubai-based SAF One, a platform focused on developing global sustainable aviation fuel solutions, for the construction and development of sustainable aviation fuel projects in India .

Under this partnership, GPS project platform ARYA and SAF One will jointly develop a sustainable aviation fuel (SAF) plant with a capacity of 20 to 30 million liters per year, using lignocellulosic waste (the residue of dry plant matter).

Mainak Chakraborty, CEO and co-founder of GPS Renewables, said: “As India moves towards a 1-5% blended SAF mandate from 2027, we need greater collaboration to address the challenges of producing sustainable aviation fuel.” . .

STEM education coming from Ireland

Lighthouse Learning (formerly known as EuroKids International), an Indian early childhood and K-12 education group, and University College Dublin (UCD) in Ireland entered into a five-year partnership in May. University College Dublin is recognized for its renowned expertise in advanced fields such as artificial intelligence and cancer biology, among others.

Professor Jeremy Simpson, Dean of Science at University College Dublin, present at the signing in Mumbai, said: “By joining forces, we can use our shared expertise to create enriching opportunities for both students and lecturers, particularly focusing on the areas of STEM. Together, we are committed to cultivating a vibrant academic community, fostering innovation, and making a lasting impact on the educational landscape.”

Chinese monitors in India

Currently, the monitor industry is witnessing significant growth in the Indian market and the gaming monitor industry is forecast to grow to USD 7.5 billion by FY28. Many companies are ready to capitalize on this opportunity and aim to increase their presence across all key retail chains in India.

In May, TPV Technology Limited, the Chinese LCD manufacturing giant, plans to expand its presence in India to meet the growing demand for next-generation monitors for professional and gaming applications. As part of its growth strategy, the company plans to scale and leverage the strong and established network of Rashi Peripherals Limited in key metros, TIER 1 and TIER 2 cities. Rashi Peripherals is an authorized distributor of AOC’s full range of professional and gaming monitors in the Indian market.

Carol Anne Dias, Managing Director, TPV Technology – AOC & Philips Monitors said, “As part of our expansion strategy, we want to increase our penetration and presence across all retail chains in India. Rashi Peripherals Limited is our authorized distributor and is responsible for distributing our full range of high quality and futuristic gaming monitors. Rashi has an increasingly strong network in key cities and we want to leverage this and expand our position in the Indian market. Our new changes to our distribution model will not diminish the role of our regional distributors. We will ensure that our channel ecosystem grows together.”

Indian companies are also expanding their brands to other emerging markets.

Plan to add 1 million users from Southeast Asia in the next 12 months

Southeast Asia is the epicenter of business and is experiencing rapid growth driven by several key factors. The gaming industry in Southeast Asia, in particular, has seen remarkable growth, with forecasts pointing to continued growth.

According to Statista Research, the gaming industry is expected to reach $13.12 million in 2024, with a compound annual growth rate (CAGR) of 8.05% for the gaming segment. By 2028, the market size is projected to grow to USD 17.88 million. Currently, user penetration is 40%, but is expected to skyrocket to 338.2 million people by 2028, a significant increase of 47%.

The e-sports market in Southeast Asia is poised to show a compound annual growth rate (CAGR) of 8.20% during 2024-2032. This growth trajectory highlights the region’s status as a dynamic esports hub and highlights the significant opportunities it offers to gamers, enthusiasts and industry stakeholders alike.

After receiving an extraordinary response from India and the MENA region, Indian e-sports tournament platform Gamerji has launched its operations in the Southeast Asian market, starting with Indonesia and the Philippines. The Ahmedabad-based e-sports company has released 8 games including PUBG Mobile, Free Fire, MLBB, Valorant, Clash Royale, CS:GO, Rocket League and FIFA. New users receive virtual currency and a free 3-day subscription upon joining as a welcome offer. The company plans to add 1 million applications