EB-5, the United States visa program, that enables foreign investors to obtain a U.S. Visa by investing in a business that will benefit the U.S. economy and create jobs, is becoming an increasingly popular option for Indian nationals who seek permanent residence in the United States. Although its total market...
Japan and Singapore Stand 1st on Henley Passport Index
The Henley Passport Index is the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. The ranking is based on exclusive data from the International Air Transport Association, which maintains the world’s largest and most accurate database of...
India's Solar Panel Demand Will Surpass the U.S.
Global solar photovoltaic (PV) demand is forecast to hit another annual record of 113 gigawatts in 2018. China will again dominate global PV demand comprising almost half of the total market. "Demand in China will once again shape the global PV market," said Edurne Zoco, research and analysis director for...
India's JVs Will Manufacture Rifles For Export
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...
IBM Grows in India, While Shrinking in China & USA
While its revenue shrank globally, India was one of the fastest growing geographies for IBM in 2017. IBM India’s revenue grew by 8.6% in reported currency for the year. Mexico, Spain, France, Canada, and Brazil also reported growth. China declined by 10% in constant currency. Many other geographies declined too,...
Liebherr Invests $75 Million in Refrigerator Factory in India
Germany-based manufacturer of refrigeration and cooling appliances, Liebherr, invested $75 million to set up a manufacturing unit in Aurangabad, India, and plans to roll out a new line of refrigerators in May. The Libherr group evaluated other countries including Europe, Brazil, China and Russia before finalizing its India launch. According...