During DefExpo 2018, the defense exhibition that took place at Chennai this month, companies from India signed joint ventures with foreign arms manufacturers to make some of their products in India. Utah-headquartered Desert Tech partnered with Nagpur, India-based Neco Group. The joint venture Neco Desert Tech Defense, will make rifles that...
India's Renalyx Innovates End-to-End Renal Care System
Bangalore-based Renalyx Health Systems has developed an end-to-end renal solution that screens chronic kidney disease, has an in-built renal information management system, and offers a connected dialysis machine. Sixty to seventy million people in India suffer from chronic kidney disease caused by diabetes and/or hypertension. Patients in the final stage,...
Medtronic to Provide Ear Care to 10 Million in India
Dublin Ireland-headquartered Medtronic Plc., announced that it will provide ear care to 10 million underprivileged people in India by 2025 through its program called 'Shruti' (a term that means 'hearing' in Sanskrit). Medtronic plans to use its health system innovation Shruti to assess and improve screening and treatment protocols, measure...
Trek Bicycles Expands Operations in India
Waterloo, WI-based Trek Bicycle Corporation launched 34 bicycle models in the premium and super premium category in India's cities of Delhi-NCR, Mumbai, Bangalore, Hyderabad, Chennai, and Indore. Prices range from $305 for the road bikes to $2,600 for the hybrid models. The company also offers a wide range of cycling...
In India, Starbucks Localizes, Aims to Enter Tier-II Cities
Tata Starbucks Private Ltd., the equal joint venture between Seattle, Washington-based Starbucks Coffee Company and India's Tata Global Beverages Ltd., will focus on regional culinary innovations and expanding its market to tier-II cities of India. Since starting operations in the Indian market in October 2012, it has a total of...
IBM India Targets Banking, Telecom, IoT
In India since 1951, IBM India has expanded its operations with regional headquarters in Bangalore and offices across 20 cities. "The biggest growth for us is going to come from the financial services. We are going to consolidate telco and look at new revenue streams because telco is an industry...