Already with a large presence in the U.S. tractor market, Mahindra and Mahindra, an Indian multinational car manufacturing corporation headquartered in Mumbai, launched a new manufacturing facility in Auburn, Michigan, where the company plans to build off-road vehicles. The new facility is part of the company’s expansion plans, and becomes...
Ontario Premier Wynne & Team Sign 65 Agreements in India
Concluding an 8-day trade mission to India, Premier Kathleen Wynne of Ontario, Canada said the province’s ties to this fast-growing nation of nearly 1.3 billion people are getting stronger. The Ontario delegation visited New Delhi, Amritsar, Chandigarh, Hyderabad, and Mumbai. Ontario companies, universities, and colleges signed 65 agreements worth $240...
Make in U.S. and Make in India: A Win-Win Situation?
According to India’s Mahindra Group Chairman Anand Mahindra, President Obama has tried to create a "win-win situation”. Mahindra says that both “Make in U.S.” and “Make in India” are not conflicting slogans, but in reality are win-win situations, reports Business Today magazine. American companies can benefit by supplying technology, and...
Expat and Local Executives Say India on Growth Track
Top Indian industry executives who spoke at an Economic Summit held in New Delhi from November 4 – 6, 2014, welcomed the Modi government’s initiatives in land and labor reforms. Quicker approvals for business would boost manufacturing and creation of jobs they said. The government, which came to power promising...
Billionaire Mahindra — First Indian to Win Harvard Medal
Billionaire Anand Mahindra of Mahindra & Mahindra Ltd. is the first Indian recipient of the Harvard Medal, most prestigious award given by the university and recognizes extraordinary service to the school. Mahindra receiving his undergraduate degree from there in 1977 with magna cum laude and an MBA from the Harvard Business...