Singapore-based Ascendas-Singbridge Pte Ltd., that offers urban development solutions, will invest $320 million in logistics and industrial real estate in India. The company launched the Ascendas India Logistics Program which targets developing a portfolio of thirteen to fifteen million square feet of space in key warehousing and manufacturing hubs in...
Harvard and IIT's Collaborate on Big Data
Researchers from Harvard University and the Indian Institutes of Technology-Madras, -Bombay (IIT -M and IIT-B) are using big data to build the Integrated Database on Infrastructure Projects, India’s first comprehensive database on infrastructure projects. This mapping will include all types of federal projects, state projects, and public private partnership ventures, and...
Constantia Flexibles Expands Production Capacity in India
Vienna, Austria-headquartered Constantia Flexibles will invest $16 million to expand production capacity at its Indian subsidiary Parikh Packaging, in Ahmedabad, Gujarat. The company broke ground in mid-2017 on a new greenfield site close to existing production at Parikh. The site is currently under construction and will meet international environmental, hygiene, and...
Architect Balkrishna Doshi Awarded Pritzker Prize
Now in its 40th year, the Pritzker Prize is awarded to a living architect who displays a combination of "talent, vision, and commitment." Ninety-year-old Balkrishna Doshi received the award for 2018 in recognition of a career spanning almost 70 years. Founded by Jay A. Pritzker and his wife Cindy --...
India's Torrent Pharma Acquires PA-Based Bio-Pharm
Based in the Indian city of Ahmedabad, Gujarat, Torrent Pharmaceuticals Ltd., announced the acquisition of the generic pharmaceuticals and over-the-counter drug maker, Bio-Pharm, Inc. based in Levittown Pennsylvania. Established in 1992 Bio-Pharm, Inc., has a proven track record in research and development and in the manufacturing of oral solutions, suspensions, and...
Israel's Netanyahu Hails "New Era" in Ties with India
Benjamin Netanyahu, the first Israeli prime minister to visit India in 15 years, accompanied by his wife Sara on a six-day visit to India, were given a warm welcome by Prime Minister Modi. Driving the growing ties is both leaders' shared worldview for national-security and free-markets. Both see Israel's technology-oriented...