Panasonic Corporation, the Japanese manufacturer of consumer electronics & home appliances, will set up an India R&D center consisting of two technical divisions - a design division of appliances (focusing on India) and an offshore development division. The design division will focus on product development processes for India and its...
R&D Services in India to Reach $38 Billion by 2020
A study by Zinnov, headquartered in Bangalore, India, pointed out that India’s Engineering R&D (ER&D) globalization and services market which currently stands at $22.3 billion is expected to reach $38 billion by 2020. Companies from the Consumer / eWeb 2.0 and the E-Commerce verticals have significantly increased their R&D spending, reports CXOtoday.com. Pari Natrajan, CEO of...
GE Develops Industrial Internet of Things in India
GE announced the opening of its largest Digital Hub, globally, in India's southern city of Bangalore. At this center, customers and GE experts will co-create industrial software and analytics solutions aimed at solving complex business problems. MillenniumPost reports a statement from GE that said the new location will deliver solutions for...
Inteva Products Inaugurates India Technical Center
Troy, Michigan-headquartered Inteva Products, a global Tier One automotive supplier of engineered components and systems, celebrated the opening of its new India Technical Center in Bangalore. On the occasion, Inteva President, CEO and Founder Lon Offenbacher said the idea behind this facility was to expand the company’s technical capabilities and...
GE Turbines to Power Indian Navy’s Frigates
ASDNews reports GE Marine Solutions announced that its LM2500 marine gas turbines will power the Indian Navy’s P17A stealth frigate. These gas turbines will be provided under license from GE by its in-country partner, Hindustan Aeronautics Limited, Industrial and Marine Gas Turbine division, located in Bangalore. “We are delighted that...
India's Dynamatic Technologies Delivers Components to Airbus
Bangalore-based Dynamatic Technologies delivered the first set of A330 wing components, produced jointly in their facilities in U.K. and India. The flap track beams for Airbus’ twin aisle A330 model are high tech guide rails fitted to the wings of the aircraft, which are crucial in controlling speed, direction and...