Chicago based aircraft maker, Boeing is expanding its research center in Bangalore and is also considering investing in Indian companies manufacturing aeronautical components, with a view to bolstering its supply chain. “[The] investment environment in India is improving. Given that background, we are open to making equity investments,” said Pratyush...
Sears Holdings Inaugurates Second Technology Center in India
Sears Holdings, opened a Center of Excellence at the Embassy Tech Park in Sarjapur, Bangalore. This unit is spread across 15,000 square feet and will focus on product and platform development in the retail online and offline domain. This facility is the second in India, with the first located in...
Epicor Software Opens India Technology Center
Austin, Texas-based Epicor Software Corporation announced the launch of its new India Technology Center in Bangalore in the state of Karnataka – a 48,000 square-foot facility located in the RMZ EcoWorld Technology Park. A key component of the company’s globalization strategy, the new center will foster product innovation and development,...
India Grows as Global R&D Hub for Multinationals
The Nikkei Asian Review reports that numerous multinationals have chosen India as an attractive R&D destination. More recently, taking advantage of employment costs, as well the availability of technical skills, many companies across a variety of industry verticals have begun to set up their R&D centers or have enhanced their...
ABB to Double Workforce at Chennai Center, India
ABB the multinational corporation dealing in power and automation and headquartered in Zurich, Switzerland, said it will double its workforce to 1,200 at its global engineering and operations center in Chennai in the southern state of Tamil Nadu, as well as open a new facility on the outskirts of Bangalore....
Utah Firm Markets Pharmaceutical Ingredients in India
Plandai Biotechnology Inc., based in Utah, has concluded a deal with Bangalore-based Bal Pharma for the distribution of its ingredients in India. Bal Pharma, which manufactures and exports pharmaceutical finished drugs and distributes nutraceutical constituents, will use Plandai’s Phytofare line of plant extracts in its own products and will also...