India's $100 billion push into solar energy over the next decade is being driven by foreign players as local manufacturers are no longer protected by government restrictions on the sector. SunEdison of California will invest up to $4 billion in a manufacturing facility, and China's Trina Solar has unveiled plans...
India Leads in Import of Unmanned Aerial Vehicles
Based on data related to imports/exports of drones between 1985 and 2014, India tops the list of drone-importing nations with 22.5 percent of the world's unmanned aerial vehicle (UAV) imports says a report on SiliconIndia News. These pilot-less aerial vehicles are used for reconnaissance, surveillance, intelligence gathering and aerial combat...
Modi’s Visit to Canada Focuses on Trade, Investments, and Nuclear Ecosystems
Indian Prime Minister Narendra Modi will arrived in Canada on Tuesday April 14 for a three-day tour of the country. He is the first Indian prime minister in more than 40 years to conduct a bilateral visit to Canada. He is scheduled to meet with political officials, business and financial...
Fairfax Financial Holdings’ Strong Focus on India
Prem Watsa, known as the Warren Buffet of Canada, plans to invest at least $1 billion in India as part of a consortium. Watsa’s company, Fairfax Financial Holdings has already invested $27 billion worldwide. The IIT Madras alumnus left India 42 years ago and is counted amongst the wealthiest individuals...
Canada, India collaborate on medical devices and biotech
Under Canada-India scientific and technological cooperation agreement, both the countries will soon begin collaborative research and development in biotechnology including life sciences and medical devices as reported in PharmaBiz The program aims to stimulate innovative R&D projects, engaging small-to-medium-sized companies and/or larger, well established firms, that address a specific market...
India's Foreign Minister Salman Khurshid in Canada
Ed Fast, Canada’s Minister of International Trade, meet with Salman Khurshid, India’s Minister of External Affairs. In 2012, bilateral merchandise trade between Canada and India exceeded $5.2 billion. As of July 2013, bilateral trade is up 21 percent over the first seven months of 2012. The two ministers exchanged views...