Petaluma, California-based energy technology company and supplier of solar microinverters, Enphase Energy Inc., opened it first Indian R&D center in Bangalore. "I am pleased to announce our first R&D center in India, which is an important part of our overall global strategy," said Badri Kothandaraman, president and CEO of Enphase...
U.S. Invests the Most in India's Startups
According to New York-based CB Insights, U.S.-based investors are the most active foreign participants in India’s start-up ecosystem over the past five years, making over 800 equity deals during the period. In the list of top five foreign investors in India’s technology ecosystem, U.K., with 1% of deals stood at...
U.S. Companies to Ship 1.6 million tons of Ethane to India
Planning to replace natural gas and naphtha at its petrochemical plants, Mumbai-based Reliance Industries Limited will procure 1.6 million tons of ethane from three companies in the U.S. Reliance Industries has three joint ventures in America: one with California headquartered Chevron Corp, in which it has invested $1.7 billion; the...
Mobius: Stock Indices in India May Double in 3-4 Years
Dr. Mark Mobius, executive chairman of Templeton Emerging Markets Group, an affiliate of San Mateo, CA-based Franklin Templeton Investments, expects India's Stock Exchange indices,the Nifty and the Sensex to double within the next three or four years. "This is due to the high growth rate of the country and a...
'Made in India' LinkedIn Lite Extends to 60 Countries
Sunnyvale, CA-based LinkedIn announced the roll out of its LinkedIn Lite app to Android users in India. Akshay Kothari, Head, LinkedIn India, said, "We have now been able to take all the LinkedIn experience and package it into an app that is less than 1 megabyte. This app will soon be...
Cisco Makes India Their Global Export Hub
Hoping to make India a global export hub, San Jose, CA-based Cisco is working with its global component-making partners to help facilitate this plan. "We are working with the global ecosystem providers to set up shop in India and as they start moving in, costs will be less as we...