Avery eyes India with millions of dollars in hand.
Interesting news comes from a publication in Mumbai. Daily News & Analysis reports that California-based Avery Dennison has big plans to invest in India during the next two years. The company is looking at buying mid-size companies, ranging from $30 million to $50 million, with plans to set up a radio frequency identification device (RFID) plant in Bangalore by 2009. (The news unconfirmed at the time this blog posted on RFID World.)
When I go to a conference and see bobble-headed enthusiasts wearing some kind of virtual reality goggles, spinning around in chairs, craning their necks to see some distant corner of a virtual world – I’m both completely disinterested and oddly intrigued.