Atlanta, GA-based Coca-Cola has entered into discussions with Bangalore, India headquartered Café Coffee Day, which is India's largest coffee house chain, to acquire a significant ownership percentage in the company. Looking to combat changing consumer tastes, Coca-Cola is eyeing the growing coffee market in India to expand its product offerings....
Heineken, Anheuser-Busch Debut Non-Alcoholic Beer in India
In July 2019, two of the biggest brewers in the world will introduce non-alcoholic versions of their famous brands in India. Dutch-based Heineken will distribute its non-alcoholic Heineken 0.0 brand through its United Breweries facility, headquartered in Bangalore, and St. Louis, Missouri-based Anheuser-Busch will launch its zero-alcohol Budweiser 0.0 and...
Irish Kerry Group Makes Fourth Investment in India
Based in Listowel, Ireland, the Kerry Group announced the opening of a $22 million factory in Tumkur, 75 miles north of Bangalore in India. The new, 437,000 square feet facility -- the Group’s fourth significant investment in India -- will serve Kerry Taste & Nutrition’s global and regional customers in...
India's Wipro Acquires Ohio's International TechneGroup Inc
Bangalore-based IT major Wipro Limited signed a definitive agreement for $45 million to acquire Milford, Ohio-based International TechneGroup Incorporated (ITI), that offers solutions for Model Based Enterprise, data interoperability and data migration. ITI has offices in the United Kingdom, Italy, Israel and Germany and directly provides software products and services to...
WeWork to Take Majority Control of India Affiliate for $1.9 Billion
New York-based WeWork plans to take majority control of its India affiliate, in a deal that will allow the shared-office startup to consolidate financial results from the fast-growing unit as it prepares for an initial public offering this year. WeWork India is a brand franchisee controlled by real estate billionaire...
Swedish Trelleborg Opens New Factory in India
Swedish company Trelleborg launched its production facility in Bangalore, India. The new facility, which occupies 67,000 square feet, will manufacture Trelleborg Antivibration Solutions, molded components, and pipe seals and will generate 100 new jobs. Trelleborg plans to create an engineering hub within the facility to equip its team to support...